$1,149,000 - 88 Park Lawn Road Unit LPH2906, Liberty Village
Condo for Sale in Liberty Village
- MLS Number
- W13161428
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Welcome to the luxurious South Beach Condos, ideally located in the heart of Humber Bay Shores. Inspired by the glamour of South Beach Miami, this iconic residence makes a striking first impression with a stunning outdoor waterfall centerpiece as you arrive, before stepping inside to a lavish Carrera marble lobby featuring soaring ceilings and stunning Murano chandeliers imported from Italy. This exceptional lower penthouse suite offers 2 bedrooms, 2 bathrooms, plus a spacious den large enough to function as a third bedroom. The primary bedroom features a 5-piece ensuite, while the second 4-piece bathroom is ideal for guests. The chef-inspired kitchen features built-in stainless steel appliances and flows seamlessly into the modern open-concept living and dining area. Step out onto your private balcony and enjoy southeast lake views, beautiful morning sunrises, and the calming energy of waterfront living. This unit also includes a private FULL TWO-CAR GARAGE, and it is equipped with an EV-ready car charging rough-in. Residents enjoy an impressive collection of resort-style amenities, including state-of-the-art fitness facilities, indoor and outdoor pools, hot tubs, saunas, steam rooms, a party room, library lounge with pool tables, 18-seat theatre, business center, basketball & squash courts, guest suites, ample visitor parking and 24/7 concierge/security. Live steps from the waterfront trails, marina, cafés, restaurants, grocery stores, Mimico Cruising Club, seasonal farmers' market, TTC, and major highways. Start your mornings by the lake, enjoy dinner at a local restaurant, or take an evening stroll along the waterfront. This is Humber Bay Shores living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$5,082.41/mo
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.
88 Park Lawn Road Unit LPH2906, 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 $958/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 19 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.
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 $4,788 (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.