2261 Lake Shore Boulevard Unit 607, Toronto W06

Price: $836,999

2 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: W13125726

Award Winning Marina Del Rey, Gated Waterfront Community With Resort Style Amenities. Spacious unit with floor-to-ceiling south-east unobstructed views of lake, protected parkland and Metropolitan Toronto City Skyline. Steps To The Waterfront, Parks, Trails, Marina, restaurants, And Transit With Easy Access To Downtown Toronto. The Malibu Club provides residents with all the amenities of a private club incl gym, squash courts, tennis courts, indoor pool, sauna, library, billiard/game room, party room, terrace, and outdoor patio overlooking the marina. The meeting spaces host a variety of clubs for residents, the shared BBQ area is surrounded by pristine gardens and walkways. All inclusive maintenance fees including internet! Ample visitor parking, with 24 hour concierge offers safety, privacy and security. ** Some photos have been virtually staged

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$836,999 - 2261 Lake Shore Boulevard Unit 607, Liberty Village

Condo for Sale in Liberty Village

35 days on market
2Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
W13125726
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
2
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
South
Balcony
None
Listing Brokerage
RE/MAX REALTY ENTERPRISES INC.
Description

Award Winning Marina Del Rey, Gated Waterfront Community With Resort Style Amenities. Spacious unit with floor-to-ceiling south-east unobstructed views of lake, protected parkland and Metropolitan Toronto City Skyline. Steps To The Waterfront, Parks, Trails, Marina, restaurants, And Transit With Easy Access To Downtown Toronto. The Malibu Club provides residents with all the amenities of a private club incl gym, squash courts, tennis courts, indoor pool, sauna, library, billiard/game room, party room, terrace, and outdoor patio overlooking the marina. The meeting spaces host a variety of clubs for residents, the shared BBQ area is surrounded by pristine gardens and walkways. All inclusive maintenance fees including internet! Ample visitor parking, with 24 hour concierge offers safety, privacy and security. ** Some photos have been virtually staged

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,294.24/mo

Includes CMHC insurance ($23,352)

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5-yr fixed avg.

Principal: $753,299Interest: $511,620
Mortgage Amount$776,651
Total Interest$511,620
Est. Property Tax$593/mo
Total Cost$1,288,271

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

2261 Lake Shore Boulevard Unit 607, 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)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$593
Insurance (est.)-$174
Net Cash Flow+$913

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 $1046/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 35 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.

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 $3,487 (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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    2261 Lake Shore Boulevard Unit 607 | $836,999 | Battaglia Team