$1,229,000 - 2045 Lake Shore Boulevard Unit 1607, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
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- MLS Number
- W13752568
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2025)
- $3,529
- Maintenance Fees
- $2,057/mo
- Locker
- Exclusive
- Exposure
- North West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Palace Pier / Condo of the Year" in 2020; Introducing your dream space at this 1550 sq ft haven boasts 2 beds, 2 baths, 2 Parking Spots and 1 locker. Perfect for entertaining, the spacious living and dining areas is ready for you. Recently refreshed with new flooring and upscale upgrades throughout, it exudes luxury. Revel in unobstructed views from floor-to- ceiling windows and indulge in the renovated modern kitchen with stainless steel appliances and quartz countertops. And that's not all! Come and discover the plethora of amenities awaiting you :Services: 24 Hr Concierge, Valet Service, Complimentary shuttle bus services, Car wash area & services, Convenience Shop, 8 Guest Suites, Executive Meeting Room. Wellness and Fitness: Exclusive Private Spa, Tennis Court, Squash Courts, Swimming Pool, Sauna, Fitness and Aerobic Room, Putting Green, Table Tennis Room, Golf Practice Cage. Entertainment and Recreation: Private Gourmet Restaurant, Club Party Room, BBQ Area, Sports Simulator, Games rooms, Billiards Rooms, Indoor childrens playground Accessibility: Experience prime living Toronto's Humber Bay Shores. Enjoy waterfront trails, dining, and marinas steps away. Easy access to highways and TTC. Essential amenities nearby. Luxurious spa and restaurant on-site and close by. Only 15 mins to the airport.
Estimate your monthly payments for this property
Estimated Payment
$5,436.28/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 1607, 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
Fair Market Value
At $878/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.
Market Position
At 29 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 $2057/month fees should cover building insurance, common elements, and reserve contributions.
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 $5,121 (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.