$2,600/mo - 36 Park Lawn Road Unit 1501, Liberty Village
Condo for Rent in Liberty Village
New — Listed 2 days agoNeighbourhood: Mimico
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- MLS Number
- W13864686
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX ESCARPMENT REALTY INC.
Bright & Spacious 1 Bedroom + Den Condo with Stunning South Exposure Lake Views & Large Terrace Available for Rent. Welcome to this beautiful 1 Bedroom + Den condo in one of Mimico's most desirable waterfront communities. Offering over 600 sq. ft. of bright and comfortable living space, this well-maintained suite features a versatile den that can easily be used as a home office, guest room, nursery, or additional living space. Enjoy a modern kitchen with granite countertops and stainless-steel appliances, laminate flooring throughout, in-suite stacked washer and dryer, large windows providing an abundance of natural light, and a spacious south-facing terrace with beautiful views of Lake Ontario - the perfect place to enjoy your morning coffee, outdoor dining, or unwind while taking in the scenery. One underground parking space included. Ideally located just steps from the Lake Ontario waterfront, scenic walking and biking trails, Humber Bay Park, restaurants, cafés, bars, grocery stores, shops and everyday amenities. With easy access to TTC and major transportation routes, you can enjoy the best of waterfront living while remaining conveniently connected to downtown Toronto. This is a fantastic opportunity for anyone looking for a bright, spacious and move-in-ready home in a highly desirable Mimico location, offering an incredible combination of lake views, outdoor space, convenience and lifestyle. Available December 1st, don't miss the opportunity to call this beautiful waterfront condo home!
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.
36 Park Lawn Road Unit 1501, Liberty Village / Parkdale / South Parkdale
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $2,600/mo, this is asking above the typical 1-bedroom rent of ~$2,300/mo in Liberty Village. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Just Listed - Act Strategically
This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 500 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.