$575,000 - 2087 Lake Shore Boulevard Unit 103, Liberty Village
Condo for Sale in Liberty Village
Popular ListingNeighbourhood: Mimico
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- MLS Number
- W13824262
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2025)
- $2,194
- Maintenance Fees
- $1,008/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SAM MCDADI REAL ESTATE INC.
Welcome to ground-level condo living with an exclusive gated 330sqft garden terrace in the heart of Humber Bay Shores! This spacious 1-bedroom, 1-bathroom suite at Waterford Towers offers a great layout, 9' ceilings, breakfast bar, abundant natural light and garden access-perfect for morning coffee, entertaining, gardening or simply enjoying your own outdoor retreat. The terrace is an ideal space for those with a green thumb, with plenty of room to create and enjoy your own outdoor garden oasis. A gas BBQ line adds even more convenience for outdoor cooking and entertaining. The ground-level setting provides easy access and an excellent indoor-outdoor lifestyle, especially appealing to pet owners. The suite includes 1 parking space and a fully enclosed exclusive-use locker, both conveniently located right by the resident entrance, making everyday comings and goings and storage incredibly convenient. The unit is also just down the hall from the guest suites, offering added convenience for visiting family and friends. Enjoy an impressive selection of building amenities including an indoor pool, fitness/exercise room, sauna, concierge, party room, guest suites, visitor parking and rooftop terrace. Plus, enjoy the unique convenience of Vos Restaurante Argentino located right inside the building-perfect for an easy dinner or entertaining guests. Ideally located in sought-after Humber Bay Shores, with the Humber Loop TTC transit conveniently located directly in front of the condominium, providing easy access to public transportation. Enjoy being close to Lake Ontario, Mimico Waterfront Park, Humber Bay Park and the scenic waterfront trails. Walk, cycle, jog or relax by the lake, while being close to cafés, restaurants, shops and everyday conveniences. This is a great opportunity to enjoy a relaxed lakeside lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,950.05/mo
Includes CMHC insurance ($16,043)
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.
2087 Lake Shore Boulevard Unit 103, 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 $958/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.
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 $1008/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 $2,396 (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.