2212 Lake Shore Boulevard Unit 308, Toronto W06

Price: $688,888

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13091656

Welcome to Westlake Condos! This Rare Spacious Open Concept Bright Corner Unit With A BeautifulLayout Features 2 Bedrooms With A Spacious Den W/ 2 Full Baths. Enjoy The Summer Months On A Private Large 270 sqft Terrace & A Separate Balcony. Open Concept Kitchen With Stainless Steel Appliances, Laminate Floors Throughout, Floor to Ceiling Windows, 9Ft Ceilings Throughout, & Much More! Spacious Den Can Be Used As Dining/Office/Extra bedroom. Accents Walls & Wainscoting Completed In The Unit! Well Maintained Unit & Building! Large Amenities Building Featuring:Indoor Pool, Squash Courts, Party Rooms, Terrace, Yoga Room, Professional Gym, Kids Play Room,Guest Suites, BBQ Station, And Much More! Convenient Location, Steps To The Lake, TTC,Gardiner, QEW, Metro Grocery, Shoppers Drug Mart, LCBO, TD Bank, Scotiabank, Restaurants &Starbucks!

2212 Lake Shore Boulevard Unit 308 - Condo photo 1 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
2212 Lake Shore Boulevard Unit 308 - Condo photo 2 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
2212 Lake Shore Boulevard Unit 308 - Condo photo 3 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
2212 Lake Shore Boulevard Unit 308 - Condo photo 4 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
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2212 Lake Shore Boulevard Unit 308 - Condo photo 6 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
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2212 Lake Shore Boulevard Unit 308 - Condo photo 12 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
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$688,888 - 2212 Lake Shore Boulevard Unit 308, Liberty Village

Condo for Sale in Liberty Village

62 days on market

Neighbourhood: Mimico

3Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13091656
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North East
Balcony
Terrace
Listing Brokerage
RE/MAX MILLENNIUM REAL ESTATE
Description

Welcome to Westlake Condos! This Rare Spacious Open Concept Bright Corner Unit With A BeautifulLayout Features 2 Bedrooms With A Spacious Den W/ 2 Full Baths. Enjoy The Summer Months On A Private Large 270 sqft Terrace & A Separate Balcony. Open Concept Kitchen With Stainless Steel Appliances, Laminate Floors Throughout, Floor to Ceiling Windows, 9Ft Ceilings Throughout, & Much More! Spacious Den Can Be Used As Dining/Office/Extra bedroom. Accents Walls & Wainscoting Completed In The Unit! Well Maintained Unit & Building! Large Amenities Building Featuring:Indoor Pool, Squash Courts, Party Rooms, Terrace, Yoga Room, Professional Gym, Kids Play Room,Guest Suites, BBQ Station, And Much More! Convenient Location, Steps To The Lake, TTC,Gardiner, QEW, Metro Grocery, Shoppers Drug Mart, LCBO, TD Bank, Scotiabank, Restaurants &Starbucks!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,534.35/mo

Includes CMHC insurance ($19,220)

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5-yr fixed avg.

Principal: $619,999Interest: $421,086
Mortgage Amount$639,219
Total Interest$421,086
Est. Property Tax$488/mo
Total Cost$1,060,305

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

2212 Lake Shore Boulevard Unit 308, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$455
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$1,513

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

Fair Market Value

At $984/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.

Efficient Living

At 700 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.

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    2212 Lake Shore Boulevard Unit 308 | $688,888 | Battaglia Team