$788,888 - 2212 Lake Shore Boulevard Unit PH02, Liberty Village
Condo for Sale in Liberty Village
33 days on market- MLS Number
- W13135138
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- UNION CAPITAL REALTY
- A True Rare Opportunity To Live Downtown With Forever Water Views of Lake Ontario - Surround yourself with parks, walking and bike trails, beaches and community farmer markets all while living above a Metro Grocery - with an underground connected path, LCBO, banks, restaurants and more! This luxury penthouse at WestLake III offers 10 foot ceilings with a 2bedroom split design layout with a large den suitable for an office space, reading nook, dinning room or a guest suite. The kitchen offers a long island, perfect for hosting and cooking, with a living room offering an open wide view of Lake Ontario, Humber Bay Park and the CN Tower skyline. Step outside to Toronto's largest continuous waterfront park, beaches, and bike paths that lead all the way downtown. The building offers luxurious amenities including a Community BBQ Terrace, Games & Recreation Room, Golf Simulator, Guest Suites, Full Size Gym, Hot Tub & Jacuzzi, Cinema Room, Meeting Room, Party Room, Children's Playground, Indoor Pool, Sauna & Spa, Yoga Studio and Visitor Parking. Move around with the help of the TTC located in front of the building and future access to Go Transit Terminal across the street. Instant highway access when you need to jump core downtown. Sunrise pours across the water and into your living room, turning every morning into something quiet, magical, and completely yours. If you're ready to live downtown without feeling boxed in by it, book your private viewing of this lakefront penthouse today-opportunities like this do not come by often with only a handful of penthouse forever water view units existing in all of Mimico!
Estimate your monthly payments for this property
Estimated Payment
$4,047.40/mo
Includes CMHC insurance ($22,010)
5-yr fixed avg.
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.
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
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.
2212 Lake Shore Boulevard Unit PH02, Liberty Village / Parkdale / South Parkdale
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $986/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.
Market Position
At 33 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 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,287 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.