16 Brookers Lane Unit 2002, Toronto W06

Price: $519,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13165038

Welcome to 2002-16 Brookers Lane, a stunning 1-bedroom, 1-bathroom corner suite in the heart of vibrant Humber Bay Shores. This sun-filled condo features a spacious open-concept layout and an expansive 245 sq. ft. wrap-around balcony with amazing southwest lake and city views. Offering 622 sq. ft. of thoughtfully designed interior living space, this suite combines style and functionality with modern finishes and ample closet space throughout. Enjoy resort-style amenities including a gym, sauna, party room, an indoor pool, guest suites, concierge, outdoor BBQ area, yoga room, games room, visitor parking and more. With an unbeatable location just steps to the waterfront, parks, restaurants, cafés, shops, and everyday conveniences. This is the perfect opportunity to enjoy lakeside living at its finest.

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New Listing
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$519,900 - 16 Brookers Lane Unit 2002, Liberty Village

Condo for Sale in Liberty Village

New — Listed 3 days ago
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13165038
Property Type
Condo
Status
active
Days on Site
3
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
CENTURY 21 MILLER REAL ESTATE LTD.
Description

Welcome to 2002-16 Brookers Lane, a stunning 1-bedroom, 1-bathroom corner suite in the heart of vibrant Humber Bay Shores. This sun-filled condo features a spacious open-concept layout and an expansive 245 sq. ft. wrap-around balcony with amazing southwest lake and city views. Offering 622 sq. ft. of thoughtfully designed interior living space, this suite combines style and functionality with modern finishes and ample closet space throughout. Enjoy resort-style amenities including a gym, sauna, party room, an indoor pool, guest suites, concierge, outdoor BBQ area, yoga room, games room, visitor parking and more. With an unbeatable location just steps to the waterfront, parks, restaurants, cafés, shops, and everyday conveniences. This is the perfect opportunity to enjoy lakeside living at its finest.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,667.36/mo

Includes CMHC insurance ($14,505)

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5-yr fixed avg.

Principal: $467,910Interest: $317,792
Mortgage Amount$482,415
Total Interest$317,792
Est. Property Tax$368/mo
Total Cost$800,207

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

16 Brookers Lane Unit 2002, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$368
Insurance (est.)-$108
Net Cash Flow+$934

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 $867/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 600 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 $2,166 (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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