$869,000 - 2261 Lakeshore Boulevard Unit 1201, Liberty Village
Condo for Sale in Liberty Village
39 days on market- MLS Number
- W13108948
- Property Type
- Condo
- Status
- active
- Days on Site
- 39
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Sophisticated Waterfront Living At Marina Del Rey. Welcome To A Rare Opportunity In One Of Mimico's Most Sought After Lakefront Communities. This Bright And Spacious 2+1 Bedroom 2 Bath Suite Offers Approximately 1,107 Sq Ft Of Well Designed Living Space In Suite 1201, With Truly Stunning Views Of Lake Ontario, Mimico Cruising Club And Humber Bay Park. Filled With Natural Light Through Expansive Windows, The Suite Delivers A Comfortable Open Feel And A Highly Functional Layout For Everyday Living And Entertaining. The Study Room Is Ideal As A Home Office Or Study Area. A Welcoming Entry Leads Into A Practical Kitchen And Dining Area, While The Spacious Primary Bedroom Features Excellent Closet Space And A Private Ensuite. Residents Enjoy All Inclusive Maintenance Fees Covering Utilities, Rogers Ignite Cable And Internet, HVAC Service. Resort Style Amenities At The Exclusive Malibu Club Include An Indoor Pool, Hot Tub, Sauna, And Squash Court, A Fully Equipped Gym With Fitness Classes, Party Room, Library, Games Room, And Resident Lounge. Outdoor Highlights Include Tennis Courts, A Furnished Lakefront Patio With BBQs, And A Community Herb Garden, All Within A Secure Gated Community With 24 Hour Concierge. Prime Waterfront Location Just Steps To Humber Bay Shores Trails, Parks, Marinas, Cafes, Restaurants, And Daily Conveniences, With Quick Access To Downtown Toronto Via Transit And Major Highways. Don't Miss This Exceptional Opportunity To Own A Beautiful Waterfront Suite In A Vibrant Community Where Every Day Feels Like A Getaway. 3D Virtual Tour https://my.matterport.com/show/?m=scgVDC7rmkW
Estimate your monthly payments for this property
Estimated Payment
$4,458.42/mo
Includes CMHC insurance ($24,245)
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.
2261 Lakeshore Boulevard Unit 1201, Liberty Village / Parkdale / South Parkdale
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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 $869/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 39 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.
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 $3,621 (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.