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Condo for Rent in Liberty Village
Neighbourhood: Mimico
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- MLS Number
- W13771534
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North South
- Balcony
- Terrace
- Listing Brokerage
- KELLER WILLIAMS EDGE REALTY
Stunning Corner Suite with Lake Views & an Incredible Wrap-Around Terrace**Welcome to elevated waterfront living at the coveted Nautilus at Waterview by Monarch. This beautifully appointed one-bedroom corner suite offers approximately 622 sq. ft. of bright, thoughtfully designed living space, plus an impressive 245 sq. ft. wrap-around terrace with breathtaking views of the lake and city skyline.Floor-to-ceiling windows and 9 ft. ceilings fill the suite with natural light, while the open-concept layout creates an airy, inviting feel. The modern kitchen features granite countertops, stainless steel appliances and a breakfast bar, perfect for casual dining or entertaining. A welcoming foyer adds a sense of privacy and separation rarely found in condo living.Step outside and experience what truly sets this suite apart. The expansive wrap-around terrace offers exceptional outdoor living space for morning coffee, summer dinners or simply unwinding while taking in the sunrise and waterfront views.One parking space and one locker are included, along with access to an impressive collection of building amenities, including an indoor pool, fitness centre and rooftop terrace.And the location is hard to beat. Enjoy the waterfront, beaches, marina and scenic trails just steps from your door, with Metro, LCBO, restaurants and cafés nearby. TTC access is right at your doorstep, with convenient connections to the Gardiner, DVP and Highway 427. Bright. Stylish. Connected. This is waterfront living at its best.
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
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.
16 Brookers Lane Unit 2602, Liberty Village / Parkdale / South Parkdale
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $2,500/mo, this is in line with typical 1-bedroom rents in Liberty Village (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. We'll want to verify the monthly fees and what they include.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.