$1,288,000 - 2200 Lake Shore Boulevard Unit UPH01, Liberty Village
Condo for Sale in Liberty Village
62 days on marketNeighbourhood: Mimico
- MLS Number
- W13089692
- Property Type
- Condo
- Status
- active
- Days on Site
- 62
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Spectacular Upgraded 3-Bedroom, 2-Bathroom Southeast and Southwest-Facing Corner Penthouse With Breathtaking, Direct Unobstructed Lake Views From Every Room. This Highly Sought-After Layout Offers Approximately 1,230 SQ.FT Of Living Space, Enhanced By Soaring 10.5 - Foot Smooth Ceilings. The Spacious Open-Concept Kitchen, Living, and Dining Area Walks Out to a Large Covered Terrace With Glass Railings Overlooking The Water-Perfect For Entertaining Or Enjoying Stunning Sunrises and Panoramic Views. The Primary Bedroom Retreat Features Southeast and Southwest Exposures And a Walkout To a Generous Wraparound Balcony, Creating a Bright, Tranquil Space With Exceptional Scenery. A Truly Remarkable Penthouse Offering An Ideal Blend Of Space, Natural Light, And Unparalleled Views. Enjoy Premium Building Amenities, Including 30,000 Sf Of Club Amenities: A 25-Metre Indoor Pool, Gym, Bbq Area, Concierge, Guest Suites. Direct Access to Commercial Mall of Metro, Shoppers, Starbucks, LCBO, Banks. Express Bus to Downtown, Hwy, Waterfront Trails, Mimico GO, Dining, Restaurants. INCLUSIONS ELFS, KitchenAid Stainless Steel French Door Fridge/Freezer (2023), KitchenAid Stainless Steel Glass Top Induction Range (2023), KitchenAid Stainless Steel Dishwasher, KitchenAid Microwave/Fan Hood/AirFryer (2023 ), Quartz Counters, Custom Shoe Closet, Custom Closet Systems, GE Washer and Dryer. EXCLUSIONS Light Fixture in Bedroom 3, Kitchen Island (negotiable) Mirrored Wardrobe In Primary Suite (negotiable). REALTOR ONLY REMARKS Attached Schedule B, C, C1, Floor Plans, HoodQ. Bank Draft or Certified Cheque Upon Acceptance. Co-op Will Be Reduced by 1% If Buyer Shown Property By Listing Agents. Unit Is Marketed as 3 Bedroom But is Registered As a 2 Bedroom Plus a Den.
Estimate your monthly payments for this property
Estimated Payment
$5,697.26/mo
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 UPH01, 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 $1073/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.
Negotiation Opportunity
At 62 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
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 $5,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.