185 Legion Road Unit 1808, Toronto W06

Price: $689,888

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13410560

Welcome to The Tides at Mystic Pointe! This spacious and bright 2-bedroom plus enclosed den suite thoughtfully designed living space and floor-to-ceiling windows that fill the home with natural light. The enclosed den provides exceptional versatility and can easily serve as a private home office, nursery, or third bedroom. The functional split-bedroom layout ensures privacy while the open-concept living and dining areas are perfect for both everyday living and entertaining. The modern kitchen features stainless steel appliances, elegant granite countertops, and a convenient breakfast bar. Ideally located in one of Etobicoke's most desirable waterfront communities, you'll enjoy easy access to TTC, GO Transit, major highways, scenic lakeside trails, parks, shopping, dining, Metro, LCBO, Shoppers Drug Mart, and more. Residents have access to an outstanding recreation centre offering a fitness facility, indoor pool, hot tub, running track, aerobics studio, squash court, theatre room, billiards room, guest suites, and more. Maintenance fees include all utilities except cable TV and internet.

185 Legion Road Unit 1808 - Condo photo 1 of 43 in Liberty Village / Parkdale / South Parkdale, Ontario
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$689,888 - 185 Legion Road Unit 1808, Liberty Village

Condo for Sale in Liberty Village

Neighbourhood: Mimico

3Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13410560
Property Type
Condo
Status
active
Days on Site
28
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
IQI GLOBAL REAL ESTATE
Description

Welcome to The Tides at Mystic Pointe! This spacious and bright 2-bedroom plus enclosed den suite thoughtfully designed living space and floor-to-ceiling windows that fill the home with natural light. The enclosed den provides exceptional versatility and can easily serve as a private home office, nursery, or third bedroom. The functional split-bedroom layout ensures privacy while the open-concept living and dining areas are perfect for both everyday living and entertaining. The modern kitchen features stainless steel appliances, elegant granite countertops, and a convenient breakfast bar. Ideally located in one of Etobicoke's most desirable waterfront communities, you'll enjoy easy access to TTC, GO Transit, major highways, scenic lakeside trails, parks, shopping, dining, Metro, LCBO, Shoppers Drug Mart, and more. Residents have access to an outstanding recreation centre offering a fitness facility, indoor pool, hot tub, running track, aerobics studio, squash court, theatre room, billiards room, guest suites, and more. Maintenance fees include all utilities except cable TV and internet.

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Estimated Payment

$3,539.48/mo

Includes CMHC insurance ($19,248)

$
$
5%10%50%

5-yr fixed avg.

Principal: $620,899Interest: $421,698
Mortgage Amount$640,147
Total Interest$421,698
Est. Property Tax$489/mo
Total Cost$1,061,845

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

185 Legion Road Unit 1808, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$585
Property Tax (est.)-$489
Insurance (est.)-$144
Net Cash Flow+$1,462

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 $767/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.

Market Position

At 28 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 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    185 Legion Road Unit 1808 | $689,888 | Battaglia Team