$1,988,888 - 172 Royal York Road, Liberty Village
Detached for Sale in Liberty Village
New — Listed 2 days ago- MLS Number
- W13417244
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 6
- Bathrooms
- 6
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
Welcome To An Extraordinary, Unique Offering In The Heart Of Mimico. This Fully Customized, Three-Storey Residence Has Been Masterfully Designed With The Future In Mind, Delivering Ultimate Versatility, And Outstanding Income Potential. This Versatile Property Can Function Beautifully As A Spacious Single-Family Home For Multi-Generational Living, An Owner-Occupied Investment Where Rental Income Helps Offset Your Mortgage, Or A Full Income Property With Three Self-Contained Units, Each Featuring Its Own Separate Entrance. Offering A 5+1 Bedroom And 6-Bathroom Layout, It Is The Perfect Match For Savvy Investors Or Families Seeking Space, Privacy, And Long-Term Value. Impeccably Constructed, The Home Showcases Energy-Efficient Spray Foam Insulation And Enhanced Soundproofing For Low Utility Costs And Exceptional Peace And Quiet. Premium Finishes Elevate Every Corner, Including Chic Pot Lighting, Custom Cabinetry, Spa-Inspired Ensuite Baths, Durable Luxury Vinyl Flooring, And Oversized Windows Flooding Each Level With Natural Light. The Main Residence Offers Exceptional Flexibility, Beginning With A First Level Featuring 9-Foot Ceilings, A Bedroom With A Private Entrance And Ensuite, And An Open-Concept Living Area With A Striking Quartz Waterfall Island. Upstairs, Well-Appointed Bedrooms Boast Their Own Ensuite Baths, Private Outdoor Spaces, And Thoughtful Layouts Tailored For Semi-Independent Living Or Premium Rental Income. Adding To The Appeal Is A Stylish, Loft-Style Living Area With Its Own Entrance, Allowing It To Remain Connected Or Be Fully Partitioned Off. Below, A Bright, Separate Lower-Level Suite Includes An Open-Concept Kitchen, Bedroom, Ensuite, And Private Laundry. Set On An Expansive Lot, The Property Accommodates Parking For Up To 8 Vehicles And Features A Detached Storage Shed. Best Of All, You Are Located Just Steps From Humber College, The Famous Sanremo Bakery, Waterfront Trails, Transit, The Go Station, And Major Highways.
Estimate your monthly payments for this property
Estimated Payment
$8,797.52/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.
172 Royal York Road, Liberty Village / Parkdale / South Parkdale
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Competitive Pricing
At $796/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Detached Home Advantages
Detached homes in Liberty Village are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Liberty Village.
Bathroom Count Matters
With 6 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $8,287 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.