2119 Lake Shore Boulevard Unit 316, Toronto W06

Price: $581,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W13831556

Etobicoke Waterfront/ Humber Bay - 2 Bdrm/ 2 Baths with Parking & Locker - Steps from the lake (Lake Shore Blvd/ Parklawn), the "Waterview-Voyager II Condominium"... Very functional layout on the 3rd floor. Access to the large balcony from each room. Facing the south-west courtyard with a beautifully landscaped garden and a water fall fountain; away from the street... The Building amenities include a gym, swimming pool, rooftop party room and guest suites. Streetcars and Buses at the doorstep. CONDO MAINTENANCE FEE/ MONTH: $961.14 (Incl. All - Hydro, Water, Insurance...) *For Additional Property Details Click The Brochure Icon Below*

2119 Lake Shore Boulevard Unit 316 - Condo photo 1 of 26 in Liberty Village / Parkdale / South Parkdale, Ontario
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2119 Lake Shore Boulevard Unit 316 - Condo photo 6 of 26 in Liberty Village / Parkdale / South Parkdale, Ontario
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$581,000 - 2119 Lake Shore Boulevard Unit 316, Liberty Village

Condo for Sale in Liberty Village

Popular Listing

Neighbourhood: Mimico

2Beds
2Baths
800Sq Ft
Condo

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Property Details
MLS Number
W13831556
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2026)
$2,954
Maintenance Fees
$961/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ICI SOURCE REAL ASSET SERVICES INC.
Description

Etobicoke Waterfront/ Humber Bay - 2 Bdrm/ 2 Baths with Parking & Locker - Steps from the lake (Lake Shore Blvd/ Parklawn), the "Waterview-Voyager II Condominium"... Very functional layout on the 3rd floor. Access to the large balcony from each room. Facing the south-west courtyard with a beautifully landscaped garden and a water fall fountain; away from the street... The Building amenities include a gym, swimming pool, rooftop party room and guest suites. Streetcars and Buses at the doorstep. CONDO MAINTENANCE FEE/ MONTH: $961.14 (Incl. All - Hydro, Water, Insurance...) *For Additional Property Details Click The Brochure Icon Below*

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,980.83/mo

Includes CMHC insurance ($16,210)

$
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5%10%50%

5-yr fixed avg.

Principal: $522,900Interest: $355,139
Mortgage Amount$539,110
Total Interest$355,139
Est. Property Tax$412/mo
Total Cost$894,249

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

2119 Lake Shore Boulevard Unit 316, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$961
Property Tax (est.)-$412
Insurance (est.)-$121
Net Cash Flow+$706

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 $726/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.

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 $961/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 800 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 $2,421 (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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    2119 Lake Shore Boulevard Unit 316 | $581,000 | Battaglia Team