2087 Lake Shore Boulevard Unit 1503, Toronto W06

Price: $499,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13013742

Breathtaking water views throughout day & night! Embrace the serenity of waterfront living at The Waterford Towers, This exquisite & spacious 682 Sqft 1-bedroom, 1-bath rounded suite offers a lifestyle beyond compare, every inch speaks of sophistication and comfort.. Open balcony for stunning south west vistas. Condo permits private BBQs on the balcony so you can Bbq to your heart's content all year round using your private gas hook up This is your front-row seat to mesmerizing sunsets and city lights. The beauty continues inside, where you'll discover a meticulously updated unit. Murphy bed / Hardwood flooring / Custom closets. Enjoy the convenience of 2 lockers and Very Convenient Parking (Right Next To Building Entrance) . Plus, with the TTC streetcar right at your doorstep, you'll have seamless connectivity to downtown, ensuring that every day becomes an extraordinary adventure. This unit Is A Must See! Vacant Photos to demonstrate potential.

2087 Lake Shore Boulevard Unit 1503 - Condo photo 1 of 27 in Liberty Village / Parkdale / South Parkdale, Ontario
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$499,000 - 2087 Lake Shore Boulevard Unit 1503, Liberty Village

Condo for Sale in Liberty Village

62 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13013742
Property Type
Condo
Status
active
Days on Site
62
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Breathtaking water views throughout day & night! Embrace the serenity of waterfront living at The Waterford Towers, This exquisite & spacious 682 Sqft 1-bedroom, 1-bath rounded suite offers a lifestyle beyond compare, every inch speaks of sophistication and comfort.. Open balcony for stunning south west vistas. Condo permits private BBQs on the balcony so you can Bbq to your heart's content all year round using your private gas hook up This is your front-row seat to mesmerizing sunsets and city lights. The beauty continues inside, where you'll discover a meticulously updated unit. Murphy bed / Hardwood flooring / Custom closets. Enjoy the convenience of 2 lockers and Very Convenient Parking (Right Next To Building Entrance) . Plus, with the TTC streetcar right at your doorstep, you'll have seamless connectivity to downtown, ensuring that every day becomes an extraordinary adventure. This unit Is A Must See! Vacant Photos to demonstrate potential.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

2087 Lake Shore Boulevard Unit 1503, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$953

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 $832/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 62 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 600 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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    2087 Lake Shore Boulevard Unit 1503 | $499,000 | Battaglia Team