155 Legion Road Unit 308, Toronto W06

Price: $474,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13847158

Welcome to this Mystic Pointe Beauty situated in this waterfront community in Mimico. A beautiful 1+1 condo with west facing views and tons of natural light. Comfortable opened layout suitable for entertaining. The building has oudoor pool, sauna, rooftop terraces with BBQ, fitness centre, etc. The condo itself has beautiful laminate floors, walkouts from both the living rooms and bedroom, and all appliances are only two years old. Parking is on the same level as the condo so it is close by. The unit has been freshly painted.

155 Legion Road Unit 308 - Condo photo 1 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
155 Legion Road Unit 308 - Condo photo 2 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
155 Legion Road Unit 308 - Condo photo 3 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
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155 Legion Road Unit 308 - Condo photo 5 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
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155 Legion Road Unit 308 - Condo photo 13 of 15 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$474,900 - 155 Legion Road Unit 308, Liberty Village

Condo for Sale in Liberty Village

New — Listed 6 days ago

Neighbourhood: Mimico

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13847158
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Lot Size
620 sqft
Taxes (2025)
$2,210
Maintenance Fees
$733/mo
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Welcome to this Mystic Pointe Beauty situated in this waterfront community in Mimico. A beautiful 1+1 condo with west facing views and tons of natural light. Comfortable opened layout suitable for entertaining. The building has oudoor pool, sauna, rooftop terraces with BBQ, fitness centre, etc. The condo itself has beautiful laminate floors, walkouts from both the living rooms and bedroom, and all appliances are only two years old. Parking is on the same level as the condo so it is close by. The unit has been freshly painted.

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Estimated Payment

$2,436.48/mo

Includes CMHC insurance ($13,250)

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5-yr fixed avg.

Principal: $427,410Interest: $290,285
Mortgage Amount$440,660
Total Interest$290,285
Est. Property Tax$336/mo
Total Cost$730,945

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • •Lake Ontario waterfront access and trail
  • •Revitalised village atmosphere with new development
  • •Mimico GO Station for fast downtown commuting
  • •Mix of new condominiums and character homes
  • •Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • •Mimico GO Station on the Lakeshore West line
  • •TTC 501 Queen streetcar
  • •Lakeshore West GO line to Union Station
  • •Easy access to Gardiner Expressway

Parks & Amenities

  • •Humber Bay Park
  • •Mimico waterfront trail
  • •Amos Waites Park
  • •Mimico Centennial Library
  • •Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

155 Legion Road Unit 308, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$733
Property Tax (est.)-$336
Insurance (est.)-$99
Net Cash Flow+$1,032

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $792/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $733/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    155 Legion Road Unit 308 | $474,900 | Battaglia Team