2287 Lake Shore Road Unit 301, Toronto W06

Price: $1,099,000

2 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: W12977412

Welcome to Grand Harbour-one of Toronto's most prestigious waterfront residences, offering true resort-style living in a secure, gated community. This bright and airy 2+1 bedroom suite features a highly functional layout with herringbone hardwood flooring that, paired with serene courtyard views from the balcony, evokes a refined Parisian feel. The versatile den includes a built-in desk and closet, ideal as a home office or optional third bedroom. The open-concept living and dining areas are filled with natural light and flow seamlessly to a large private balcony with three walkouts-perfect for indoor-outdoor living and entertaining. The kitchen connects effortlessly to the main living space, while both washrooms have been elegantly renovated with quality finishes, offering a refined, move-in-ready experience. The spacious primary bedroom provides a comfortable retreat with ample storage and a private ensuite, while the second bedroom and additional full bathroom offer flexibility for guests or family. Residents enjoy world-class amenities including 24-hour concierge, guest suites, wine cellar, saltwater pool, fully equipped fitness centre, party room, saunas, squash courts, and billiards. Unbeatable waterfront location just steps to the yacht club, marinas, boardwalk, and scenic bike trails, with TTC at your doorstep. Includes one parking space and locker. Exceptional value in a highly sought-after lakeside community.

2287 Lake Shore Road Unit 301 - Condo photo 1 of 40 in Liberty Village / Parkdale / South Parkdale, Ontario
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$1,099,000 - 2287 Lake Shore Road Unit 301, Liberty Village

Condo for Sale in Liberty Village

89 days on market

Neighbourhood: Mimico

2Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
W12977412
Property Type
Condo
Status
active
Days on Site
89
Bedrooms
2
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Exclusive
Exposure
East
Balcony
Terrace
Listing Brokerage
RE/MAX Escarpment Realty Inc., Brokerage
Description

Welcome to Grand Harbour-one of Toronto's most prestigious waterfront residences, offering true resort-style living in a secure, gated community. This bright and airy 2+1 bedroom suite features a highly functional layout with herringbone hardwood flooring that, paired with serene courtyard views from the balcony, evokes a refined Parisian feel. The versatile den includes a built-in desk and closet, ideal as a home office or optional third bedroom. The open-concept living and dining areas are filled with natural light and flow seamlessly to a large private balcony with three walkouts-perfect for indoor-outdoor living and entertaining. The kitchen connects effortlessly to the main living space, while both washrooms have been elegantly renovated with quality finishes, offering a refined, move-in-ready experience. The spacious primary bedroom provides a comfortable retreat with ample storage and a private ensuite, while the second bedroom and additional full bathroom offer flexibility for guests or family. Residents enjoy world-class amenities including 24-hour concierge, guest suites, wine cellar, saltwater pool, fully equipped fitness centre, party room, saunas, squash courts, and billiards. Unbeatable waterfront location just steps to the yacht club, marinas, boardwalk, and scenic bike trails, with TTC at your doorstep. Includes one parking space and locker. Exceptional value in a highly sought-after lakeside community.

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Estimated Payment

$4,861.25/mo

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5-yr fixed avg.

Principal: $879,200Interest: $579,174
Mortgage Amount$879,200
Total Interest$579,174
Est. Property Tax$778/mo
Total Cost$1,458,374

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

2287 Lake Shore Road Unit 301, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$910
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$763

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

Competitive Pricing

At $785/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.

Negotiation Opportunity

At 89 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 $4,579 (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.

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    2287 Lake Shore Road Unit 301 | $1,099,000 | Battaglia Team