$869,000 - 2261 Lakeshore Boulevard Unit 1201, Liberty Village
Condo for Sale in Liberty Village
57 days on marketNeighbourhood: Mimico
- MLS Number
- W13108948
- Property Type
- Condo
- Status
- active
- Days on Site
- 57
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Sophisticated Waterfront Living At Marina Del Rey. Welcome To A Rare Opportunity In One Of Mimico's Most Sought After Lakefront Communities. This Bright And Spacious 2+1 Bedroom 2 Bath Suite Offers Approximately 1,107 Sq Ft Of Well Designed Living Space In Suite 1201, With Truly Stunning Views Of Lake Ontario, Mimico Cruising Club And Humber Bay Park. Filled With Natural Light Through Expansive Windows, The Suite Delivers A Comfortable Open Feel And A Highly Functional Layout For Everyday Living And Entertaining. The Study Room Is Ideal As A Home Office Or Study Area. A Welcoming Entry Leads Into A Practical Kitchen And Dining Area, While The Spacious Primary Bedroom Features Excellent Closet Space And A Private Ensuite. Residents Enjoy All Inclusive Maintenance Fees Covering Utilities, Rogers Ignite Cable And Internet, HVAC Service. Resort Style Amenities At The Exclusive Malibu Club Include An Indoor Pool, Hot Tub, Sauna, And Squash Court, A Fully Equipped Gym With Fitness Classes, Party Room, Library, Games Room, And Resident Lounge. Outdoor Highlights Include Tennis Courts, A Furnished Lakefront Patio With BBQs, And A Community Herb Garden, All Within A Secure Gated Community With 24 Hour Concierge. Prime Waterfront Location Just Steps To Humber Bay Shores Trails, Parks, Marinas, Cafes, Restaurants, And Daily Conveniences, With Quick Access To Downtown Toronto Via Transit And Major Highways. Don't Miss This Exceptional Opportunity To Own A Beautiful Waterfront Suite In A Vibrant Community Where Every Day Feels Like A Getaway. 3D Virtual Tour https://my.matterport.com/show/?m=scgVDC7rmkW
Estimate your monthly payments for this property
Estimated Payment
$4,458.42/mo
Includes CMHC insurance ($24,245)
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.
2261 Lakeshore Boulevard Unit 1201, 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 $869/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 57 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.
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 $3,621 (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.