2121 Lake Shore Boulevard Unit 506, Toronto W06

Price: $679,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: W12839076

Waterfront Luxury Meets Urban Convenience - Your Mimico Sanctuary. Imagine waking up to a lake breeze and ending your day with a sunset stroll. This stunning 2-bedroom, 2-bathroom suite in the prestigious Voyager at Waterview offers the ultimate "resort-at-home" lifestyle for young professional couples and growing families. The Space: Sophisticated & Sun-Drenched Spanning approximately 869 sq. ft. of bright, open-concept living, this home is designed for both productivity and play. The Vibe: Floor-to-ceiling windows flood the suite with light and a comforting ambiance. The Kitchen: Features stainless steel appliances, and a breakfast bar-perfect for quick morning coffees or evening wine. The Retreat: A spacious Primary Bedroom with a private 4-piece ensuite and custom built-in closets. Flexibility: The second bedroom is a perfect haven for your little one or a sunlit home office for hybrid workdays. Outdoors: Two private balconies overlooking a peaceful courtyard-your quiet escape from the city hustle. The Lifestyle: Play & Relax by Lake Ontario Step outside into Toronto's most vibrant waterfront community. Active Living: Steps from the Martin Goodman Trail. Bike, jog, or push the stroller along miles of scenic lakefront paths. Family Fun: Walk to Amos Waites Park for its nautical playground and outdoor pool, or spend Saturdays at the Humber Bay Shores Farmers Market. Foodie Paradise: Grab a famous treat at SanRemo Bakery or enjoy date night at Eden Trattoria overlooking the marina. Commuting: Reach downtown in minutes via the Gardiner, TTC Streetcars or Mimico GO Station. Building Amenities The Sky Lounge: Rooftop party room with panoramic lake views. Wellness: Professional gym, indoor pool, hot tub, and sauna. Convenience: 24-hour concierge, visitor parking, and guest suites. Includes: 1 Underground Parking Spot and All Utilities (Heat, Hydro, Water). Kitchen counter top has been changed from White to Brown. Your new chapter starts by the water!

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$679,000 - 2121 Lake Shore Boulevard Unit 506, Liberty Village

Condo for Sale in Liberty Village

107 days on market
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
W12839076
Property Type
Condo
Status
active
Days on Site
107
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Waterfront Luxury Meets Urban Convenience - Your Mimico Sanctuary. Imagine waking up to a lake breeze and ending your day with a sunset stroll. This stunning 2-bedroom, 2-bathroom suite in the prestigious Voyager at Waterview offers the ultimate "resort-at-home" lifestyle for young professional couples and growing families. The Space: Sophisticated & Sun-Drenched Spanning approximately 869 sq. ft. of bright, open-concept living, this home is designed for both productivity and play. The Vibe: Floor-to-ceiling windows flood the suite with light and a comforting ambiance. The Kitchen: Features stainless steel appliances, and a breakfast bar-perfect for quick morning coffees or evening wine. The Retreat: A spacious Primary Bedroom with a private 4-piece ensuite and custom built-in closets. Flexibility: The second bedroom is a perfect haven for your little one or a sunlit home office for hybrid workdays. Outdoors: Two private balconies overlooking a peaceful courtyard-your quiet escape from the city hustle. The Lifestyle: Play & Relax by Lake Ontario Step outside into Toronto's most vibrant waterfront community. Active Living: Steps from the Martin Goodman Trail. Bike, jog, or push the stroller along miles of scenic lakefront paths. Family Fun: Walk to Amos Waites Park for its nautical playground and outdoor pool, or spend Saturdays at the Humber Bay Shores Farmers Market. Foodie Paradise: Grab a famous treat at SanRemo Bakery or enjoy date night at Eden Trattoria overlooking the marina. Commuting: Reach downtown in minutes via the Gardiner, TTC Streetcars or Mimico GO Station. Building Amenities The Sky Lounge: Rooftop party room with panoramic lake views. Wellness: Professional gym, indoor pool, hot tub, and sauna. Convenience: 24-hour concierge, visitor parking, and guest suites. Includes: 1 Underground Parking Spot and All Utilities (Heat, Hydro, Water). Kitchen counter top has been changed from White to Brown. Your new chapter starts by the water!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,483.62/mo

Includes CMHC insurance ($18,944)

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5-yr fixed avg.

Principal: $611,100Interest: $415,042
Mortgage Amount$630,044
Total Interest$415,042
Est. Property Tax$481/mo
Total Cost$1,045,087

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

2121 Lake Shore Boulevard Unit 506, 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)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$481
Insurance (est.)-$141
Net Cash Flow+$1,058

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 $849/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 107 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 800 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 $2,829 (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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    2121 Lake Shore Boulevard Unit 506 | $679,000 | Battaglia Team