200 Manitoba Street Unit 421, Toronto W06

Price: $500,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13175456

Stop comparing this loft to basic condo boxes. It's not the same product. This is 2 levels, soaring 20-foot ceilings, dramatic floor-to-ceiling windows, a real upstairs bedroom, parking, locker, and actual personality, all at a price that makes sense. The main floor gives you open living and dining space, a fireplace, a practical kitchen with breakfast bar, and a tucked-away work-from-home zone that doesn't eat up your living room. Upstairs, the bedroom feels private and spacious with a 4-piece bath, double closet, and open-to-below loft character. No balcony? Good. You get more interior space where you live every day, plus rooftop terrace access when you want fresh air. North exposure keeps things quieter while still giving you open sky, sunsets, and city movement. Mystic Pointe puts you minutes to Humber Bay Shores, waterfront trails, parks, Mimico GO, the Gardiner, cafes, groceries, and everything you actually use. Not boring. Not cookie-cutter. A real two-level Toronto loft for $500K.

200 Manitoba Street Unit 421 - Condo photo 1 of 35 in Liberty Village / Parkdale / South Parkdale, Ontario
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$500,000 - 200 Manitoba Street Unit 421, Liberty Village

Condo for Sale in Liberty Village

2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
W13175456
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North
Balcony
None
Listing Brokerage
PROPERTY.CA INC.
Description

Stop comparing this loft to basic condo boxes. It's not the same product. This is 2 levels, soaring 20-foot ceilings, dramatic floor-to-ceiling windows, a real upstairs bedroom, parking, locker, and actual personality, all at a price that makes sense. The main floor gives you open living and dining space, a fireplace, a practical kitchen with breakfast bar, and a tucked-away work-from-home zone that doesn't eat up your living room. Upstairs, the bedroom feels private and spacious with a 4-piece bath, double closet, and open-to-below loft character. No balcony? Good. You get more interior space where you live every day, plus rooftop terrace access when you want fresh air. North exposure keeps things quieter while still giving you open sky, sunsets, and city movement. Mystic Pointe puts you minutes to Humber Bay Shores, waterfront trails, parks, Mimico GO, the Gardiner, cafes, groceries, and everything you actually use. Not boring. Not cookie-cutter. A real two-level Toronto loft for $500K.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,565.26/mo

Includes CMHC insurance ($13,950)

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5-yr fixed avg.

Principal: $450,000Interest: $305,628
Mortgage Amount$463,950
Total Interest$305,628
Est. Property Tax$354/mo
Total Cost$769,578

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

200 Manitoba Street Unit 421, 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)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,287

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 $714/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 21 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 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.

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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    200 Manitoba Street Unit 421 | $500,000 | Battaglia Team