2200 Lake Shore Boulevard Unit 2903, Toronto W06

Price: $499,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13055486

Live the Lakeside dream at Westlake Phase II - an exceptional option for those seeking a stylish, well-rounded Condo lifestyle in Etobicoke. This beautifully upgraded 1-bedroom suite offers panoramic and unobstructed views of Lake Ontario and lush park greenery from the spacious living area, ensuring stunning sunsets and lasting privacy. Filled with natural light from its prime South-West exposure, the home features 9-ft ceilings, a spacious balcony, and an open-concept layout. This pristine suite reflects a true pride of ownership-meticulously maintained, owner-occupied, and never before rented, ensuring a spotless and move-in-ready experience. Unbeatable convenience with Metro grocery, Starbucks, Shoppers Drug Mart, and TD Bank located right downstairs. Enjoy resort-style amenities: indoor pool, jacuzzi, sauna/steam room, full gym & yoga studio, 24-hr concierge, co-working lounge, games room, and more. Transit couldn't be easier with streetcars and TTC steps away, plus the future Park Lawn GO station nearby. Virtually staged photos included for visualization purposes.

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$499,000 - 2200 Lake Shore Boulevard Unit 2903, Liberty Village

Condo for Sale in Liberty Village

51 days on market

Neighbourhood: Mimico

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W13055486
Property Type
Condo
Status
active
Days on Site
51
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Live the Lakeside dream at Westlake Phase II - an exceptional option for those seeking a stylish, well-rounded Condo lifestyle in Etobicoke. This beautifully upgraded 1-bedroom suite offers panoramic and unobstructed views of Lake Ontario and lush park greenery from the spacious living area, ensuring stunning sunsets and lasting privacy. Filled with natural light from its prime South-West exposure, the home features 9-ft ceilings, a spacious balcony, and an open-concept layout. This pristine suite reflects a true pride of ownership-meticulously maintained, owner-occupied, and never before rented, ensuring a spotless and move-in-ready experience. Unbeatable convenience with Metro grocery, Starbucks, Shoppers Drug Mart, and TD Bank located right downstairs. Enjoy resort-style amenities: indoor pool, jacuzzi, sauna/steam room, full gym & yoga studio, 24-hr concierge, co-working lounge, games room, and more. Transit couldn't be easier with streetcars and TTC steps away, plus the future Park Lawn GO station nearby. Virtually staged photos included for visualization purposes.

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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: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

2200 Lake Shore Boulevard Unit 2903, 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)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,018

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 $998/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 51 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 500 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.

About Mimico

I know Mimico well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    2200 Lake Shore Boulevard Unit 2903 | $499,000 | Battaglia Team