190 Manitoba Street Unit 707, Toronto W06

Price: $619,999

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W13144822

A fantastic opportunity to own a turnkey suite in one of Mimico's most desirable pockets!! This bright and spacious split two-bedroom, two-bathroom suite offers a thoughtfully designed floor plan in a boutique-style building. Recently updated, the unit showcases quality finishes including luxury vinyl plank flooring, ceramic tile, and a fresh, modern palette. The contemporary kitchen is both stylish and functional, featuring stone counters, a classic subway tile backsplash, two-tone cabinetry, full-size quality appliances, and an extended breakfast bar that seamlessly connects to the open-concept living and dining area. The generous primary bedroom serves as a private retreat, complete with a beautifully updated ensuite featuring a soaker tub, glass-enclosed tiled shower, modern vanity, and updated flooring, along with an expansive custom walk-in closet. Enjoy your morning coffee or unwind at the end of the day on the private balcony, with tranquil views of the sunrise over the lake. Ideally located just steps to the waterfront, Humber Bay, scenic walking and cycling trails, and Grand Avenue Park. Commuting is effortless with nearby transit options, including Mimico GO Station and Royal York Station, plus quick access to the Gardiner Expressway and Highway 427, connecting you easily to downtown Toronto and the airport.

190 Manitoba Street Unit 707 - Condo photo 1 of 31 in Liberty Village / Parkdale / South Parkdale, Ontario
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$619,999 - 190 Manitoba Street Unit 707, Liberty Village

Condo for Sale in Liberty Village

2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
W13144822
Property Type
Condo
Status
active
Days on Site
30
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

A fantastic opportunity to own a turnkey suite in one of Mimico's most desirable pockets!! This bright and spacious split two-bedroom, two-bathroom suite offers a thoughtfully designed floor plan in a boutique-style building. Recently updated, the unit showcases quality finishes including luxury vinyl plank flooring, ceramic tile, and a fresh, modern palette. The contemporary kitchen is both stylish and functional, featuring stone counters, a classic subway tile backsplash, two-tone cabinetry, full-size quality appliances, and an extended breakfast bar that seamlessly connects to the open-concept living and dining area. The generous primary bedroom serves as a private retreat, complete with a beautifully updated ensuite featuring a soaker tub, glass-enclosed tiled shower, modern vanity, and updated flooring, along with an expansive custom walk-in closet. Enjoy your morning coffee or unwind at the end of the day on the private balcony, with tranquil views of the sunrise over the lake. Ideally located just steps to the waterfront, Humber Bay, scenic walking and cycling trails, and Grand Avenue Park. Commuting is effortless with nearby transit options, including Mimico GO Station and Royal York Station, plus quick access to the Gardiner Expressway and Highway 427, connecting you easily to downtown Toronto and the airport.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,180.92/mo

Includes CMHC insurance ($17,298)

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5-yr fixed avg.

Principal: $557,999Interest: $378,978
Mortgage Amount$575,297
Total Interest$378,978
Est. Property Tax$439/mo
Total Cost$954,275

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

190 Manitoba Street Unit 707, 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)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$439
Insurance (est.)-$129
Net Cash Flow+$1,127

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

Competitive Pricing

At $689/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 30 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 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 $2,583 (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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    190 Manitoba Street Unit 707 | $619,999 | Battaglia Team