$1,350,000 - 2045 Lake Shore Boulevard Unit 1407, Liberty Village
Condo for Sale in Liberty Village
46 days on marketNeighbourhood: Mimico
- MLS Number
- W13542118
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- HOMEWISE REAL ESTATE
Welcome to Suite 1407, a stunning 2-bedroom, 2-bathroom condo offering 1,500 square feet of beautifully finished living space in the heart of Mimico. Known for its state-of-the-art amenities, iconic views, and spacious layouts, this is not your typical condo. From valet parking to an on-site convenience store, salon, and dry cleaning, this building offers an exceptional level of comfort and convenience. Inside, the living space is truly remarkable. Floor-to-ceiling windows run throughout the suite, filling the home with gorgeous natural light and showcasing sweeping city and lake views. The living and dining areas are ideal for hosting, with generous space to gather, lounge, dine, and take in the stunning backdrop. Custom millwork, coffered ceilings, and herringbone floors reflect a level of craftsmanship where no detail has been overlooked and no expense has been spared. Luxury finishes throughout add a polished, elevated feel, while the layout remains comfortable and easy to live in. Both bedrooms are spacious, with the primary suite offering a private retreat within the home. The suite also comes complete with two parking spots and a locker. Set in the vibrant Mimico waterfront community, you are surrounded by lakefront trails, parks, cafés, restaurants, transit, and easy access to downtown Toronto. For added convenience, residents can enjoy a private shuttle to Union Station and other local destinations.Maintenance fees include all utilities, internet, a comprehensive cable package with HBO and Crave, along with the building's expansive list of amenities and luxuries. This is a standout opportunity for anyone looking for space, style, views, and convenience in one of Toronto's most loved west-end neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$5,971.51/mo
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.
2045 Lake Shore Boulevard Unit 1407, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
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
Fair Market Value
At $964/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 46 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.