$829,900 - 2200 Lake Shore Boulevard Unit 1809, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13474946
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to this stunning lakeview corner unit in the highly sought-after Mimico waterfront community. This sun-filled 2-bedroom plus study, 2-bathroom suite offers a functional split-bedroom layout with floor-to-ceiling windows showcasing breathtaking southeast views of the city skyline and Lake Ontario. Step outside onto the private balcony, perfect for outdoor dining, entertaining, or simply relaxing while enjoying the spectacular views. The modern open-concept kitchen features stainless steel appliances, sleek cabinetry, a glass tile backsplash, and generous counter space, seamlessly flowing into the spacious living and dining areas.The primary bedroom offers a large closet and a 4-piece ensuite, while the second bedroom is bright and spacious. The versatile study/den provides the ideal space for a home office, reading nook, or additional workspace. Additional features include 9-foot ceilings, laminate flooring throughout, ample storage, a full-sized stacked washer and dryer, one underground parking space, and a storage locker. Residents enjoy exceptional resort-style amenities including a fitness centre, outdoor pool, BBQ terrace, resident lounge, library, and more. Convenient direct indoor access to Metro, Shoppers Drug Mart, LCBO, Starbucks, banks, and other daily conveniences. Just steps to waterfront parks, trails, restaurants, and minutes to the Gardiner Expressway, QEW, and Mimico GO Station. Whether you're an end-user seeking an exceptional waterfront lifestyle or an investor looking for a prime opportunity, this is a rare chance to own in one of Etobicoke's most vibrant and desirable lakefront communities. Currently tenanted to an AAA tenant who is willing to either vacate the property or remain and continue the tenancy, providing flexibility for both end-users and investors. The tenant is currently paying $3,550 per month plus hydro, offering an excellent opportunity for immediate rental income.
Estimate your monthly payments for this property
Estimated Payment
$4,257.82/mo
Includes CMHC insurance ($23,154)
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.
2200 Lake Shore Boulevard Unit 1809, 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 $1037/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.
Market Position
At 15 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.