16 Brookers Lane Unit 217, Toronto W06

Price: $579,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W12686930

Discover a rare opportunity to own a fully renovated terrace suite in the highly sought-after Humber Bay Shores community. Designed with contemporary finishes, this sun-filled residence offers 9-ft ceilings, expansive windows, and a thoughtfully planned open-concept layout that flows effortlessly to an oversized private terrace (378 Sq ft) ideal for entertaining or unwinding outdoors. Surrounded by scenic waterfront trails and just moments to shops, dining, and daily essentials. A vibrant lakeside lifestyle awaits, with endless opportunities to enjoy the outdoors year-round.

16 Brookers Lane Unit 217 - Condo photo 1 of 23 in Liberty Village / Parkdale / South Parkdale, Ontario
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$579,000 - 16 Brookers Lane Unit 217, Liberty Village

Condo for Sale in Liberty Village

141 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
W12686930
Property Type
Condo
Status
active
Days on Site
141
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
North West
Balcony
Terrace
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Discover a rare opportunity to own a fully renovated terrace suite in the highly sought-after Humber Bay Shores community. Designed with contemporary finishes, this sun-filled residence offers 9-ft ceilings, expansive windows, and a thoughtfully planned open-concept layout that flows effortlessly to an oversized private terrace (378 Sq ft) ideal for entertaining or unwinding outdoors. Surrounded by scenic waterfront trails and just moments to shops, dining, and daily essentials. A vibrant lakeside lifestyle awaits, with endless opportunities to enjoy the outdoors year-round.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,970.57/mo

Includes CMHC insurance ($16,154)

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5-yr fixed avg.

Principal: $521,100Interest: $353,917
Mortgage Amount$537,254
Total Interest$353,917
Est. Property Tax$410/mo
Total Cost$891,171

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 217, 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)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$410
Insurance (est.)-$121
Net Cash Flow+$944

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

Premium Pricing

At $1158/sqft, this property is priced above the Liberty Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 141 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 500 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 $2,413 (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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    16 Brookers Lane Unit 217 | $579,000 | Battaglia Team