$555,000 - 2285 Lake Shore Boulevard Unit 304, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13476692
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Experience waterfront living at Grand Harbour, an iconic residence in the heart of Mimico. Steps from Humber Bay Park, the Martin Goodman Trail, Sunnyside Beach, and prestigious yacht clubs, with the TTC at your door and easy access to downtown Toronto, the Gardiner Expressway, and both Billy Bishop and Pearson airports, this location offers unmatched convenience and lifestyle.This spacious 1 bedroom suite with a generous den that can function as a second bedroom spans 914 square feet and features beautiful west facing sunset views. The open concept living and dining area is filled with natural light, while the kitchen offers ample cabinetry and counter space. The suite has been meticulously maintained, showcasing true pride of ownership, with fresh paint and brand new appliances that make it move in ready. The oversized primary bedroom includes a walk in closet, and the den provides flexible space for a home office or guest room. Parking and a locker are included. Maintenance fees cover all utilities including hydro, water, heating, air conditioning, cable TV and high speed internet. Grand Harbour is a pet friendly, luxury building with resort style amenities including a saltwater pool, sauna, fitness centre, squash court, billiards room, library, guest suites, 24 hour concierge and beautifully landscaped grounds with direct lakefront access. This is a rare opportunity to own a meticulously cared for waterfront home in Mimico and make it uniquely your own.
Estimate your monthly payments for this property
Estimated Payment
$2,847.44/mo
Includes CMHC insurance ($15,485)
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.
2285 Lake Shore Boulevard Unit 304, 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
Competitive Pricing
At $617/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 15 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 900 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 $2,313 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.