$424,900 - 6 Drummond Street Unit 301, Liberty Village
Condo for Sale in Liberty Village
Neighbourhood: Mimico
- MLS Number
- W13435112
- Property Type
- Condo
- Status
- active
- Days on Site
- 26
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Welcome to Royal Towns, one of Mimico's most sought-after boutique communities. Rarely offered and highly desirable, this bright corner Windsor Model combines the convenience of townhouse-style living with the ease of condominium ownership. Enjoy direct walk-up access and a spacious private terrace, creating the perfect setting for morning coffee, outdoor dining, summer BBQs, and effortless entertaining.Filled with natural light from multiple exposures, this beautifully updated home features an open-concept layout with new laminate flooring, fresh paint, quartz countertops, a stylish backsplash, stainless steel appliances, upgraded closet organizers, and a refreshed bathroom. Thoughtfully designed to maximize both comfort and functionality, the space feels bright, modern, and inviting throughout.Ideally located in the heart of Mimico, just steps to the waterfront, Humber Bay Park, scenic trails, cafés, restaurants, shops, and the famous SanRemo Bakery. Commuters will appreciate the short walk to Mimico GO Station and easy access to the TTC, Gardiner Expressway, and Highway 427. Built by Icon Homes, Royal Towns is an intimate community of only 104 residences, offering a unique alternative to high-rise living. A rare opportunity to enjoy the perfect balance of urban convenience, outdoor space, and a vibrant lakeside lifestyle.
Estimate your monthly payments for this property
Estimated Payment
$2,179.96/mo
Includes CMHC insurance ($11,855)
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.
6 Drummond Street Unit 301, Liberty Village / Parkdale / South Parkdale
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Rental income estimator & ROI calculator
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
Fair Market Value
At $850/sqft, this property is priced in line with current Liberty Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 26 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 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.
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.