$828,000 - 2212 Lake Shore Boulevard Unit PH02, Liberty Village
Condo for Sale in Liberty Village
Popular ListingNeighbourhood: Mimico
- MLS Number
- W13493334
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- UNION CAPITAL REALTY
- A True Rare Opportunity To Live Downtown With Forever Water Views of Lake Ontario - Surround yourself with parks, walking and bike trails, beaches and community farmer markets all while living above a Metro Grocery - with an underground connected path, LCBO, banks, restaurants and more! This luxury penthouse at WestLake III offers 10 foot ceilings with a 2 bedroom split design layout with a large den suitable for an office space, reading nook, dinning room or a guest suite. The kitchen offers a long island, perfect for hosting and cooking, with a living room offering an open wide view of Lake Ontario, Humber Bay Park and the CN Tower skyline. Step outside to Toronto's largest continuous waterfront park, beaches, and bike paths that lead all the way downtown. The building offers luxurious amenities including a Community BBQ Terrace, Games & Recreation Room, Golf Simulator, Guest Suites, Full Size Gym, Hot Tub & Jacuzzi, Cinema Room, Meeting Room, Party Room, Children's Playground, Indoor Pool, Sauna & Spa, Yoga Studio and Visitor Parking. Move around with the help of the TTC located in front of the building and future access to Go Transit Terminal across the street. Instant highway access when you need to jump core downtown. Sunrise pours across the water and into your living room, turning every morning into something quiet, magical, and completely yours. If you're ready to live downtown without feeling boxed in by it, book your private viewing of this lakefront penthouse today-opportunities like this do not come by often with only a handful of penthouse forever waterview units existing in all of Mimico!
Estimate your monthly payments for this property
Estimated Payment
$4,248.07/mo
Includes CMHC insurance ($23,101)
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.
2212 Lake Shore Boulevard Unit PH02, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
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 $1035/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.
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.
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 $3,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.