$539,900 - 190 Manitoba Street Unit 706, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13621516
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to The Legend at Mystic Pointe! This 10-storey mid-rise condo stands out for its generous floor plans and excellent transportation access, situated in Toronto's vibrant Mimico neighbourhood. This beautiful unit features an expansive 1+1 bedroom, 1-bathroom design with 780 square feet of living space. Bright, open-concept living/dining area with a walk-out to your own private balcony with views of the park and lake. Nicely renovated kitchen (2021), featuring stainless steel appliances, quartz counters, undermount sink, tile backsplash, and a convenient breakfast bar overlooking the living/dining area. Updated 4-piece bathroom (2026), offering a fresh and modern aesthetic. The primary bedroom has a large window, his & her closets, and direct access to the bathroom. Spacious den with French doors off the kitchen, ideal for a home office or second (guest) bedroom. Surrounded by green spaces, this unit is perfect for nature and outdoor enthusiasts alike. Walk across the street to the community park with a running track, soccer field, splash pad, and playground. Just a short stroll into the expansive waterfront network of Humber Bay Shores Park to enjoy lakeside biking and walking trails. Effortless commuting whether you drive or take transit. Local bus routes stop just steps away, walk to the Mimico GO Station for an easy ride directly to Union Station. Quick access to the Gardiner, Highway 427, easy commuting into Toronto, or going West to Mississauga, Oakville & Burlington. Residents enjoy 24-hour gated security entrance, exercise room, underground parking, and visitor parking. Everything you need for everyday living is within minutes of your front door, including fantastic dining options, cozy espresso bars, local cafes, and multiple grocery stores. A short drive away from major retail corridors and premium shopping centres. This unit is a must see!
Estimate your monthly payments for this property
Estimated Payment
$2,769.97/mo
Includes CMHC insurance ($15,063)
5-yr fixed avg.
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.
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.
190 Manitoba Street Unit 706, Liberty Village / Parkdale / South Parkdale
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $771/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 25 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 700 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.
Investment Perspective
Looking at this as an investment: Liberty Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.