$2,400/mo - 2 Royal York Road Unit 105, Liberty Village
Condo for Rent in Liberty Village
New — Listed 5 days agoNeighbourhood: Mimico
- MLS Number
- W13690790
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
RARE WATERFRONT RENTAL! AFFORDABLE PRICE! SPACIOUS 1 BEDROOM OVERLOOKING THE SPARKLING LAKE ! Looking for something special? Want gorgeous views and a tranquil setting? Don't like elevators ? Hate high rise, concrete jungles? Have a large pet? Well, this delightful, renovated suite, approx.740 sf, is a charming condo alternative and could be your next happy home! Enjoy a friendly lakefront community located right on the waters edge! Only 15 minutes from downtown Toronto ! This is a convenient, low-floor suite, in a unique, boutique apartment building, with a vintage vibe and only 60 suites. Feels like a MUSKOKA cottage in the city, so close the shoreline, you can hear the waves. If you work from home, the floor plan is large enough for an office area .Your morning coffee will taste better on your balcony overlooking the water, while watching swans and boats glide by. Tenants are invited to use a private, waterfront parkette and picnic area in front of the building, with a pretty patio, BBQ area and recreation hub, ideal for air show parties, star- gazing and an exclusive doggy park. This is truly an urban paradise, surrounded by acres of parks, trails and nature. Near charming LAKESHORE VILLAGE shops, casual dining, local pubs and assorted clinics/professional offices. Close to serious retail therapy in nearby mega-malls. Transit is literally at your front door. Easy Highway/Go Train/Airport access. Minutes to Toronto's glam entertainment hub, HUMBER BAY SHORES with posh restaurants, popular patios, farmers' markets and lively festivals. NOTE, This classic apartment building is rent controlled, professionally managed, pet-friendly, and a long-term lease is possible. Ideal for a professional single, young couple or mature, empty nesters wanting a unique, waterfront retreat with million-dollar views on a penny-pincher's budget! Don't miss this one! (See Walk-Through Video and Photo Tour Attached to MLS Listing)
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.
2 Royal York Road Unit 105, 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 $2,400/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.
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. 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.
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.