$479,000 - 2693 Lakeshore Boulevard Unit 1, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
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- MLS Number
- W13813434
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2025)
- $1,719
- Maintenance Fees
- $1,000/mo
- Locker
- Exclusive
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
A truly exceptional 2-bedroom co-ownership on the water at Royal York & Lake Shore. Agents often describe a property as "special" or "one of a kind"-this is the real deal. Built in the 1940s, this gracious unit has the beautifully proportioned rooms, generous windows and distinctive architectural details that are increasingly hard to find today. In the living room, arched built-in shelving adds a wonderful touch of period character and charm. And then there are the views. With all but one window offering unobstructed views of Lake Ontario, looking over the building's private pool and beautiful gardens just relandscaped this year, the setting is simply spectacular. The lake is not merely nearby-it is the defining feature of the home, and the breezes from the water are magnificent. Freshly painted and wonderfully light and airy, the apartment has an effortless elegance and a calm, timeless feel. The character continues in the bathroom, complete with a charming clawfoot tub. This rare 2-bedroom offering also includes parking, a locker, and a walk in closet in the second bedroom that is like an ensuite locker, all with property taxes included in the monthly maintenance fees. A remarkable combination of classic 1940s proportions, original character, abundant natural light and extraordinary waterfront views in a coveted lakeside setting.
Estimate your monthly payments for this property
Estimated Payment
$2,457.52/mo
Includes CMHC insurance ($13,364)
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.
2693 Lakeshore Boulevard Unit 1, 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 $532/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. The $1000/month fees should cover building insurance, common elements, and reserve contributions.
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.
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.