$629,000 - 200 Manitoba Street Unit 307, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
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- MLS Number
- W13778902
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2026)
- $2,563
- Maintenance Fees
- $746/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK CHAY REALTY
Welcome to Unit 307 at 200 Manitoba Street, a two-level loft condo in Skylofts II at Mystic Pointe. This 1+1 bedroom, 2-bathroom suite features an open-concept main level with 17-foot ceilings, a cozy gas fireplace, and floor-to-ceiling windows that floods the living room with natural light. The main level includes a convenient powder room and in-suite laundry, while the spacious kitchen offers breakfast bar seating. Walk out to your private balcony with space for a BBQ and views overlooking Grand Avenue Park. The upper level features brand-new laminate flooring, a spacious primary bedroom with park views, a full bathroom, and a versatile den ideal for a home office or second sleeping area. The unit includes two owned parking spaces, one underground and one surface, as well as a storage locker. Residents of Skylofts II enjoy access to two rooftop terraces, gym, sauna, squash court, party/billiards room and visitor parking. Located within Mystic Pointe and close to Grand Avenue Park, Lake Ontario, and the Humber Bay waterfront trails, with restaurants, shops, and everyday amenities nearby. Easy access to the Gardiner Expressway, TTC, and Mimico GO provides convenient connections to downtown Toronto and beyond.
Estimate your monthly payments for this property
Estimated Payment
$3,227.10/mo
Includes CMHC insurance ($17,549)
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.
200 Manitoba Street Unit 307, 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 $786/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 23 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. The $746/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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 $2,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.