$989,000 - 2111 Lake Shore Boulevard Unit 1603, Liberty Village
Condo for Sale in Liberty Village
45 days on marketNeighbourhood: Mimico
- MLS Number
- W13545700
- Property Type
- Condo
- Status
- active
- Days on Site
- 45
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE CERTIFIED REALTY
Welcome To Newport Beach Tower, Offering Exceptional Waterfront Living In This FULLY RENOVATED And Sun-Filled 2-Bedroom, 2.5-Bathroom Residence Offering Almost 1,600 Sq. Ft. Of Elegant Living Space With RARE WRAP-AROUND LAKE VIEWS From The Breakfast Area, Living Room, And Both Bedrooms, Showcasing Spectacular, Unobstructed Views Of Lake Ontario, The Waterfront Trail, And Jean Augustine Park. Designed For Both Comfort And Entertaining, This Spacious Suite Features Separate Living And Dining Rooms, A Huge Walk-In Closet, And Is Located In One Of The Area's Most Prestigious And Sought-After Waterfront Buildings. OVER $60,000 SPENT IN UPGRADES, Including Brand-New Vinyl Flooring, A Brand-New Kitchen With New Cabinetry, Quartz Countertops, Backsplash, Brand-New Stainless Steel Appliances, Renovated Bathrooms, Modern Light Fixtures, And Quality Finishes Throughout. Residents Enjoy Exceptional Amenities Including Concierge Service, A Private Party And Entertainment Lounge With Kitchen And Bar, Fitness Centre, Sauna, Boardroom, Library, Guest Suites, Bicycle Storage, Ample Visitor Parking, And All Utilities Included In The Maintenance Fees. Just Steps To Scenic Waterfront Trails, Parks, Cafés, Restaurants, And Public Transit, With Convenient Access To Major Highways And Both Toronto Airports, This Rare Offering Combines Luxury, Convenience, And An Exceptional Waterfront Lifestyle. Enjoy All Existing Inclusions, Including Brand-New Stainless Steel Kitchen Appliances, Washer, Dryer, All Existing Window Coverings (Blinds), All Existing Electrical Light Fixtures, And Central Vac (As Is). See Attachment For The Full List Of Upgrades.
Estimate your monthly payments for this property
Estimated Payment
$5,074.08/mo
Includes CMHC insurance ($27,593)
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 1603, 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
Competitive Pricing
At $706/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 45 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 $4,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.