$949,888 - 300 Manitoba Street Unit PH416, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13653402
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- EXP REALTY
LIVE THE LOFT LIFE! Bold, sophisticated & truly one-of-a-kind, welcome to this fully transformed NYC-style hard loft perched on the penthouse level of Mystic Pointe Lofts in Humber Bay. Formerly the McGuinness Distillery, this spectacular 2-storey residence blends authentic industrial character with modern luxury, featuring soaring 17' ceilings & 1,250 SF of brilliantly redesigned living space.South-facing, floor-to-ceiling windows flood the loft with natural light, while its rare lakeview setting makes this one of only a handful of lakeview suites in the building. Professionally reimagined by an Interior Designer, the open-concept layout features 3 spacious bedrooms, 2 spa-inspired baths, sleek floating stairs, dramatic glass railings, concealed appliances & statement lighting throughout.The ultra-modern chef's kitchen boasts a large island perfect for dining & entertaining. The primary suite features a massive walk-in closet with room for even the most serious shoe enthusiast, plus abundant storage throughout. Gas fireplace & oversized statement ceiling fan add warmth & character.Rare convenience: premium extra-large walk-in locker conveniently attached to the parking spot conveniently located on the same floor as the suite - no elevator needed for groceries! Perfect for style-forward couples, professionals or anyone craving exceptional design, generous space & a true architectural statement. Fully updated in 2025, incl. brand-new furnace & A/C. Located in the heart of Mimico with easy access to the waterfront, parks, transit, shops, restaurants, and major highways. Amenities include concierge, gym, party room, outdoor rooftop terrace, squash/racket court & visitor parking. Seller is RREA
Estimate your monthly payments for this property
Estimated Payment
$4,873.42/mo
Includes CMHC insurance ($26,502)
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.
300 Manitoba Street Unit PH416, 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 $792/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 16 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.