$549,000 - 16 Brookers Lane Unit 405, Liberty Village
Condo for Sale in Liberty Village
- MLS Number
- W13196390
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- WESTVIEW REALTY INC.
Wow! Not your ordinary one bedroom unit. If you are looking for something special & unique in a one bedroom condo, look no further! This upgraded corner unit features an oversized terrace (Over 1300 Sqft). Customize your expansive outdoor living space & comfortably host friends & family get togethers. A welcoming Modified "05" floorplan that allows for you to comfortably furnish your interior space, allowing for a kitchen island should you prefer. Upgraded kitchen that features a stunning counter to ceiling granite backsplash with wall mounted TV, & Large pantry off to the side with plenty of storage space. The bedroom is nestled in the corner of the unit surrounded by floor to ceiling windows with walk-out to the large terrace. You will look forward to coming home here. Building offers best of amenities, indoor pool, full gym, BBQ rooftop terrace, party room, theatre room & more. Located in a fantastic waterfront community in Humber Bay, with miles of walking and biking paths along the lake, local restaurants, coffee shops & many more amenities. Rabba and coffee shop at base of the building. Includes parking spot & storage locker. * See Virtual Tour*
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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.
16 Brookers Lane Unit 405, 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 $1098/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 21 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.
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 $2,288 (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.