185 Legion Road Unit 315, Toronto W06

Price: $728,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W12516436

Welcome to The Tides! This rarely available two level loft feels like living in a townhouse! Two premium parking spots (not tandem!) and locker on the same floor create unique convenience unusual in condo living as no elevator is required. Renovated kitchen and washrooms, new blinds, hardwood throughout. A very functional layout with living, dining and entertainment on main level, and private quarters on upper level. Huge w/in closet (previously a den converted by builder), walkout to balcony and ensuite complete the principle bedroom haven. Laundry on upper floor. Guest suites on same floor as unit! All-inclusive maintenance fees. Incredible amenities including outdoor pool with sundeck and track, gym, yoga and cycling studio, sauna, squash court, business center, billiards, library, theatre, party room, and more! Experience resort-like, luxury living at The Tides condos! Walking Distance To Lake, TTC, Grocery Stores, Mimico Village, Biking & Walking Trails Along The Waterfront. Direct Bus (or walk) To Mimico Go, Short Drive Downtown, 2 Min Drive To Gardiner Expressway. Some photos have been virtually staged.

185 Legion Road Unit 315 - Condo photo 1 of 19 in Liberty Village / Parkdale / South Parkdale, Ontario
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$728,000 - 185 Legion Road Unit 315, Liberty Village

Condo for Sale in Liberty Village

140 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W12516436
Property Type
Condo
Status
active
Days on Site
140
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
HOMELIFE/BAYVIEW REALTY INC.
Description

Welcome to The Tides! This rarely available two level loft feels like living in a townhouse! Two premium parking spots (not tandem!) and locker on the same floor create unique convenience unusual in condo living as no elevator is required. Renovated kitchen and washrooms, new blinds, hardwood throughout. A very functional layout with living, dining and entertainment on main level, and private quarters on upper level. Huge w/in closet (previously a den converted by builder), walkout to balcony and ensuite complete the principle bedroom haven. Laundry on upper floor. Guest suites on same floor as unit! All-inclusive maintenance fees. Incredible amenities including outdoor pool with sundeck and track, gym, yoga and cycling studio, sauna, squash court, business center, billiards, library, theatre, party room, and more! Experience resort-like, luxury living at The Tides condos! Walking Distance To Lake, TTC, Grocery Stores, Mimico Village, Biking & Walking Trails Along The Waterfront. Direct Bus (or walk) To Mimico Go, Short Drive Downtown, 2 Min Drive To Gardiner Expressway. Some photos have been virtually staged.

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Estimate your monthly payments for this property

Estimated Payment

$3,735.02/mo

Includes CMHC insurance ($20,311)

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5-yr fixed avg.

Principal: $655,200Interest: $444,994
Mortgage Amount$675,511
Total Interest$444,994
Est. Property Tax$516/mo
Total Cost$1,120,505

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

185 Legion Road Unit 315, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$516
Insurance (est.)-$152
Net Cash Flow+$1,027

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 $809/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.

Negotiation Opportunity

At 140 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 900 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 $3,033 (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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    185 Legion Road Unit 315 | $728,000 | Battaglia Team