2111 Lake Shore Boulevard Unit 121, Toronto W06

Price: $924,900

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W13804896

TWO FULL BATHROOMS + MAIN FLOOR POWDER ROOM! 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 121offers an exceptional blend of space, style, and lifestyle that simply cannot be replicated in a standard high-rise suite. Spanning approximately1400 sq ft across two levels, this 2-bedroom, 2-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-caliber 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.

2111 Lake Shore Boulevard Unit 121 - Condo photo 1 of 33 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing
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$924,900 - 2111 Lake Shore Boulevard Unit 121, Liberty Village

Condo for Sale in Liberty Village

New — Listed 3 days ago

Neighbourhood: Mimico

2Beds
2Baths
1,400Sq Ft
Condo

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Book a private showing with Joe — pick a day and time that works for you.

Property Details
MLS Number
W13804896
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

TWO FULL BATHROOMS + MAIN FLOOR POWDER ROOM! 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 121offers an exceptional blend of space, style, and lifestyle that simply cannot be replicated in a standard high-rise suite. Spanning approximately1400 sq ft across two levels, this 2-bedroom, 2-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-caliber 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.

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Estimated Payment

$4,745.22/mo

Includes CMHC insurance ($25,805)

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5-yr fixed avg.

Principal: $832,410Interest: $565,350
Mortgage Amount$858,215
Total Interest$565,350
Est. Property Tax$655/mo
Total Cost$1,423,565

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.

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Neighbourhood Guide: Mimico

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

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

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.

78
Walk Score
$500K - $1.5M
Price Range

2111 Lake Shore Boulevard Unit 121, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$655
Insurance (est.)-$193
Net Cash Flow+$922

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $661/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $3,854 (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.

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    2111 Lake Shore Boulevard Unit 121 | $924,900 | Battaglia Team