$595,000 - 2230 Lake Shore Boulevard Unit 508, Liberty Village
Condo for Sale in Liberty Village
Popular ListingNeighbourhood: Mimico
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- MLS Number
- W13837518
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2026)
- $2,686
- Maintenance Fees
- $659/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BABIAK TEAM REAL ESTATE BROKERAGE LTD.
Enjoy breathtaking, unobstructed views of Lake Ontario and the Toronto skyline from this beautiful 1+1 bedroom suite. With waterfront parkland helping protect the view, you'll have a front-row seat to stunning sunrises, sailboats on the lake, colourful sunsets and the sparkling city lights at night.The bright, open-concept layout features floor-to-ceiling windows that flood the space with natural light and keep the incredible scenery front and centre. Step outside onto the spacious private balcony, accessible from both the living room and primary bedroom-perfect for morning coffee, evening drinks or entertaining while taking in the waterfront views.Inside, the functional layout offers a generous primary bedroom, modern kitchen, comfortable living and dining areas, in-suite laundry, parking and a locker. The home combines everyday comfort with the relaxed feel of waterfront living.Residents enjoy an impressive range of amenities, including 24-hour concierge, indoor pool, hot tub, sauna, fitness centre, rooftop terrace with BBQs, party room, theatre room, guest suites and visitor parking. Located in Humber Bay Shores, you're just steps from waterfront parks, beaches, scenic walking and cycling trails, restaurants and everyday conveniences. With TTC nearby and easy access to the Gardiner Expressway and GO Station, getting downtown is quick and convenient.A bright, comfortable waterfront home with spectacular views, fantastic amenities and an unbeatable lifestyle in one of Toronto's most sought-after waterfront communities.
Estimate your monthly payments for this property
Estimated Payment
$3,052.66/mo
Includes CMHC insurance ($16,601)
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.
2230 Lake Shore Boulevard Unit 508, 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 $992/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. The $659/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 $2,479 (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.