$969,900 - 2111 Lake Shore Boulevard Unit 121, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13426596
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Welcome to one of Newport Beach's most coveted residences - a rare two-storey ground-floor suite that truly lives like a townhome. Nestled within the prestigious Newport Beach community on the Mimico waterfront, Unit 121 offers an exceptional blend of space, style, and lifestyle that simply cannot be replicated in a standard high-rise suite. Spanning approximately 1,390 sq ft across two levels, this 2-bedroom, 3-bathroom home impresses from the moment you step inside. The main floor is designed for effortless entertaining, with an open-concept layout, soaring 10-foot ceilings, and a seamless flow between the living, dining, and kitchen areas. Step outside to your private terrace - a generous outdoor retreat perfect for morning coffee, al fresco dining, or simply soaking in the vibrant Humber Bay Shores atmosphere. Upstairs, two well-appointed bedrooms each offer their own ensuite bathroom, providing the privacy and comfort of a true home. The primary suite features ample closet space and a spa-inspired bath, creating a peaceful sanctuary at the end of the day. Beyond your front door, Newport Beach spoils residents with resort-calibre amenities including a fully equipped fitness centre, concierge service, party room, and visitor parking. And the location? Unbeatable. Steps from the waterfront trails of Humber Bay Shores Park and Sir Casimir Gzowski Park, minutes to the vibrant shops and restaurants along Lake Shore, and with easy access to downtown Toronto via the Gardiner Expressway or Mimico GO Station. This is lakeside living without compromise - spacious, sophisticated, and steps from the water. A rare opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$4,976.09/mo
Includes CMHC insurance ($27,060)
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.
2111 Lake Shore Boulevard Unit 121, Liberty Village / Parkdale / South Parkdale
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $693/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 27 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. We'll want to verify the monthly fees and what they include.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,041 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.