Currently 11 condos for sale and 5 condos for rent, offering options across 1-bedroom to 3-bedroom layouts

Mirabella Condos Overview

Mirabella is a luxury waterfront condo community completed around 2022, featuring two 38-storey towers joined by a multi-storey podium. The development sits on the south side of Lake Shore Blvd W, between Windermere Ave and Parkside Dr, directly overlooking Lake Ontario and the Sunnyside waterfront.

The East Tower and West Tower together house over 700 residential suites. This project is considered one of the last opportunities for true waterfront living in Toronto, positioned between Swansea Village, South Parkdale, and High Park. The relatively new status attracts both end-users enjoying the home they’ve waited for and investors seeking rental demand.

Location & Neighbourhood

Mirabella’s prime waterfront setting places residents directly across from Lake Ontario and the Martin Goodman Trail—a 56-km waterfront path stretching across the city. Residents enjoy direct access to a 400-acre park (High Park), Toronto’s largest public green space, roughly a 15-20 minute walk north.

Nearby essentials:

• Sobeys grocery: approximately 12-minute walk

• Cafés and restaurants along The Queensway, Roncesvalles Ave, and Bloor West Village

• Sir Casimir Gzowski Park and Sunnyside Beach for waterfront recreation

Transit and driving:

• The closest public transit stop is a bus stop at Ellis Ave at Lake Shore Blvd West, providing access to Toronto’s TTC system

• Easy transfers to Line 1 and Line 2 subway stations

• The area has a high transit score

• Residents have convenient access to the Gardiner Expressway for travel throughout Toronto

• The area is a 10-minute drive to downtown Toronto in light traffic

The neighbourhood blends established residential streets with new condo communities, appealing to professionals, downsizers, and small families seeking urban living with parkland and lakefront recreation.

Building Design & Layout

The architecture features two mirror-like glass and concrete towers, designed to maximize lake and city skyline views. The shared podium houses many amenities and creates a visual base facing Lake Shore Blvd W.

Suite orientations include:

• South-facing units with direct Lake Ontario views

• East/west exposures capturing sunrise and summer sunsets

• North-facing suites overlooking High Park and the Toronto skyline

Condos at Mirabella range in size from 550 square feet to 1,539 square feet, including 1-bedroom, 1+den, 2-bedroom, 2+den, and 3-bedroom layouts. Most units feature 9-foot ceilings (10-foot in penthouses), floor-to-ceiling windows, and balconies or terraces. Higher floors command premium pricing due to expansive, unblocked views.

Mirabella Amenities

Mirabella Condos features over 20,000 square feet of indoor and outdoor amenity space, positioned as five-star features for residents.

Wellness facilities:

• Indoor pool with direct Lake Ontario views

• Well-equipped gym with exercise bikes, treadmills, weight machines, and free weights

• Yoga studio and stretching area

• Sauna and change rooms

Social and entertainment spaces:

• Large party room with catering kitchen

• Formal dining room

• Cozy library with gas fireplace offering warmth and quiet

• Lounge areas throughout

Family and convenience:

• Indoor children’s play area

• Two furnished guest suites for overnight visitors

• Business centre for remote work

• 24/7 concierge and security system in each tower

Outdoor features: Mirabella offers a Central Outdoor Terrace on the 10th level, featuring gardens, lounge seating, BBQs, and outdoor dining areas with views of Lake Ontario. The pool deck and rooftop spaces provide additional spots for enjoying the view and watching summer sunsets.

Building services include underground parking, visitor parking, bicycle storage, and electric vehicle charging stations.

Suites, Floor Plans & Finishes

Mirabella offers floor plans to suit singles, couples, and families, from compact starter units to larger family-sized suites.

Layout	Approx. Size	Typical Features
1-bed / 1+den	550–700 sq ft	Open kitchen, combined living/dining
2-bed / 2+den	750–1,100 sq ft	Split bedrooms, two full baths, larger balconies
3-bedroom	Up to 1,539 sq ft	Expansive living areas, corner/penthouse locations
Standard interior features:

• Plank pre-finished laminate flooring in living areas and bedrooms

• Stone countertops and modern cabinetry

• Stainless-steel appliances

• In-suite laundry

• Floor-to-ceiling windows

Buyers often focus on ceiling heights, closet configuration, balcony size, and whether parking/locker are included.

Market Snapshot: For Sale & For Rent at Mirabella

As a relatively new community, Mirabella has an active resale and rental market. Currently, there are 11 condos for sale and 5 condos for rent at Mirabella, indicating active market availability.

The development offers a waterfront-park lifestyle between Lake Ontario and High Park that drives consistent demand. Recent listings show units staying on market for several weeks, reflecting balanced conditions.

Pricing factors:

• South-facing lake views command premiums

• Higher floors increase value

• Bedroom count and square footage influence rent and sale prices

• Parking and locker inclusion affects overall cost

The average price per square foot based on recent sales data requires checking current MLS listings, as available tracking shows limited transaction volume in past months. Renters should expect to pay extra for utilities, parking, and lockers in most cases.

Investment & Value Considerations

Mirabella’s waterfront location, new-build status, and extensive amenities position it as a compelling investment opportunity. Buyers often compare price per square foot to other condos in South Parkdale, Swansea, and Humber Bay Shores.

Early resale data from 2022-2024 remains limited, but indicators show steady demand from professional tenants seeking downtown proximity, trail access, and luxury amenities. Future value may benefit from ongoing waterfront revitalization and the scarcity of new-build waterfront sites.

Individual performance depends on purchase price, floor plan desirability, view orientation, parking availability, and maintenance standards.

Living at Mirabella: Lifestyle & Daily Experience

Daily life at Mirabella means sunrise over Lake Ontario, morning walks along the waterfront trail, and weekday routines using the gym or pool waters before commuting. Remote workers can use the business centre while waiting for meetings to start.

Typical weekend activities:

• Visiting High Park’s trails and gardens

• Relaxing at Sunnyside Beach

• Dining along Roncesvalles or Bloor West Village

• Enjoying BBQs on the outdoor terrace

The security system and concierge support a lock-and-leave lifestyle for frequent travellers. The building appeals across generations—children’s play area and pool for families, quiet library for retirees, convenient transit for young professionals.

Ownership, Management & Practical Details

Mirabella operates as two separate Toronto Standard Condominium Corporations: TSCC 2956 (East Tower) and TSCC 2961 (West Tower). Del Property Management Inc. handles day-to-day operations with an on-site property manager.

Contact information:

• East Tower concierge: 647-426-8651

• West Tower concierge: 647-426-8599

• Property manager: 437-913-9027

Residents typically request repairs or book amenities via online portal or email. Condo fees cover building insurance, common area maintenance, amenities, and some utilities. Owners should budget separately for hydro, property taxes, and internet.

Review the status certificate, budget, and reserve fund study before purchasing to learn about the building’s financial health and any rules regarding pets, visitor parking, or short-term rentals.

How to Choose the Right Suite at Mirabella

With variety in layouts, exposures, and price points, buyers should prioritize must-haves before searching.

Key considerations:

• Exposure: South-facing for lake views and light; north-facing for High Park and skyline

• Floor level: Higher floors offer better views but cost more; mid-level can be less expensive

• Size: Match bedroom count to current and future needs (home office, guests)

• Practicalities: Check storage, balcony size, parking/locker inclusion, proximity to elevators

Working with a local agent experienced in Mirabella and the Lake Shore corridor helps identify opportunities that may not be obvious from online listings alone.

FAQ

Is Mirabella Condos a good place for families with children?

Mirabella can suit families given its larger 2- and 3-bedroom layouts, indoor children’s play area, pool, and proximity to High Park. Families should consider school catchment areas and visit at different times to gauge noise from Lake Shore Blvd W and the Gardiner Expressway.

How noisy is it living right on Lake Shore Blvd W?

Traffic noise is noticeable, especially on lower floors facing north toward the roadway. Higher floors and south-oriented suites experience less street noise. Visit specific units during rush hour to assess window insulation before committing to rent or buy.

Are short-term rentals allowed at Mirabella?

Many newer Toronto condos restrict short-term rentals. Exact policies depend on TSCC 2956 or TSCC 2961 rules. Read the declaration and bylaws, or consult management, before planning any Airbnb-style activity. City of Toronto bylaws also apply.

What additional monthly costs should I expect besides mortgage and condo fees?

Budget for hydro (primary utility), property taxes, internet/cable, and optional items like storage locker or additional parking rental. Small charges may apply for party room bookings or guest suite nightly fees.

How does parking work at Mirabella Condos?

Many suites include deeded underground parking spaces. Others are sold without parking. Visitor parking requires registration with concierge for time-limited stays. Confirm parking and locker inclusion for your desired unit, as renting separately adds monthly costs.