10 Parklawn Road Unit 714, Toronto W06

Price: $599,990

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13434140

Welcome to #714-10 Park Lawn Road, a beautiful functionally designed 785 square foot corner unit at Westlake Encore Condo in Mimico. This bright suite offers an open-concept layout with a large kitchen/living/family space with 2 walk-outs to balcony perfect for enjoying the west and east views. The modern kitchen is outfitted with full-sized appliances (microwave, dishwasher, oven/stove top and fridge) for ease of living and cooking. The coveted split 2 bedroom and 2bathroom design offers spaciousness and privacy. Primary bedroom features a 4-piece ensuite and walk-in closet. Second bedroom features floor to ceiling closet space too. Amazing amenities include 24-hour concierge, party room, gym, meeting room, direct elevator access to neighbouring daycare facility and more! Located directly downstairs, grocery stores, shops, banks, and everyday essentials provide unbeatable convenience. Steps to parks, waterfront trails and Mimico Creek. Commuting made easy by TTC access at your door with QEW and Gardiner Expressway minutes away. Enjoy the balance of nature and city life in Mimico! 1 Parking and 1locker Included! ** Some photos have been virtually staged**

10 Parklawn Road Unit 714 - Condo photo 1 of 23 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing
1/23

$599,990 - 10 Parklawn Road Unit 714, Liberty Village

Condo for Sale in Liberty Village

New — Listed 2 days ago
2Beds
2Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13434140
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North West
Balcony
Open
Listing Brokerage
UNION CAPITAL REALTY
Description

Welcome to #714-10 Park Lawn Road, a beautiful functionally designed 785 square foot corner unit at Westlake Encore Condo in Mimico. This bright suite offers an open-concept layout with a large kitchen/living/family space with 2 walk-outs to balcony perfect for enjoying the west and east views. The modern kitchen is outfitted with full-sized appliances (microwave, dishwasher, oven/stove top and fridge) for ease of living and cooking. The coveted split 2 bedroom and 2bathroom design offers spaciousness and privacy. Primary bedroom features a 4-piece ensuite and walk-in closet. Second bedroom features floor to ceiling closet space too. Amazing amenities include 24-hour concierge, party room, gym, meeting room, direct elevator access to neighbouring daycare facility and more! Located directly downstairs, grocery stores, shops, banks, and everyday essentials provide unbeatable convenience. Steps to parks, waterfront trails and Mimico Creek. Commuting made easy by TTC access at your door with QEW and Gardiner Expressway minutes away. Enjoy the balance of nature and city life in Mimico! 1 Parking and 1locker Included! ** Some photos have been virtually staged**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,078.26/mo

Includes CMHC insurance ($16,740)

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5-yr fixed avg.

Principal: $539,991Interest: $366,747
Mortgage Amount$556,731
Total Interest$366,747
Est. Property Tax$425/mo
Total Cost$923,478

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.

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Neighbourhood Guide: Liberty Village / Parkdale / South Parkdale

Discover Liberty Village / Parkdale / South Parkdale

Liberty Village / Parkdale / South Parkdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Liberty Village / Parkdale / South Parkdale

  • Convenient location in Liberty Village / Parkdale / South Parkdale
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Liberty Village / Parkdale / South Parkdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Parklawn Road Unit 714, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$425
Insurance (est.)-$125
Net Cash Flow+$1,195

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $857/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.

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 700 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.

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 $2,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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.

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    10 Parklawn Road Unit 714, Libe… — $599,990 | Battaglia Team