$1,599,000 - 88 Park Lawn Road Unit 3005, Liberty Village
Condo for Sale in Liberty Village
36 days on marketNeighbourhood: Mimico
- MLS Number
- W13220212
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Remarkable Luxury Living in this incredibly spacious condo offering almost 1,900 sqft of interior living space plus 300sqft of wrap-around terrace and second balcony. A truly expansive lifestyle experience featuring 3 large bedrooms + enclosed den and 3 bathrooms. Enjoy floor-to-ceiling windows, 10-foot ceilings, and custom Hunter Douglas remote-controlled window coverings that frame panoramic city and lake views. The large open-concept layout is complemented by custom cabinetry, a walk-in laundry room, and a separate walk-in pantry/storage room-all designed for convenience and modern living. The residence includes two luxurious 5-piece bathrooms adorned with marble finishes and a 2-piece powder room. The unit has been freshly painted. Enjoy the convenience of 2 (side-by-side) parking with a fully installed EV charger, plus one locker for even more storage. Residents enjoy access to over 30,000 sqft of resort-style amenities, including indoor and outdoor pools, hot tubs, a state-of-the-art fitness centre, basketball/pickleball court, party rooms, billiards, a lounge, 24-hour concierge, free visitor parking, and much more. A rare opportunity to own one of the largest and most desirable suites in the building-offering unparalleled space, style, and amenities in an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$7,072.92/mo
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.
88 Park Lawn Road Unit 3005, 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
Fair Market Value
At $888/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 36 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Liberty Village. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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.