200 & 204 Delta Street, Toronto W06

Price: $2,700,000

6 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W12981402

**Attention Builders!** Rare opportunity in Alderwood. First time a parcel of this size has come to market in the neighbourhood. Two existing 37.5 x 132 ft lots create an exceptional combined 75 x 132 ft property with the potential to bring 200, 202, and 204 Delta Street to life. Set on a quiet, tree-lined stretch of Delta Street, this is a prime opportunity to build three luxury detached homes or explore other development possibilities. A true blank canvas in one of Alderwood's most desirable pockets. **202 Delta Street does not currently exist, offering a unique chance to establish a brand-new address as part of this exciting redevelopment opportunity.** The property currently features two three-bedroom bungalows, both of which can be easily rented while development plans are underway. With nearly 10,000 sq ft of land, this property is nestled between relatively newly built homes, providing a beautiful streetscape. Surrounded by mature trees and quality custom residences, opportunities like this are exceptionally rare in the neighbourhood. *Some images include conceptual renderings for illustrative purposes only.*

200 & 204 Delta Street - Detached photo 1 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 2 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 3 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 4 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 5 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 6 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
200 & 204 Delta Street - Detached photo 7 of 7 in Liberty Village / Parkdale / South Parkdale, Ontario
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$2,700,000 - 200 & 204 Delta Street, Liberty Village

Detached for Sale in Liberty Village

69 days on market
6Beds
3Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W12981402
Property Type
Detached
Status
active
Days on Site
69
Bedrooms
6
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Lot Size
9,945 sqft
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

**Attention Builders!** Rare opportunity in Alderwood. First time a parcel of this size has come to market in the neighbourhood. Two existing 37.5 x 132 ft lots create an exceptional combined 75 x 132 ft property with the potential to bring 200, 202, and 204 Delta Street to life. Set on a quiet, tree-lined stretch of Delta Street, this is a prime opportunity to build three luxury detached homes or explore other development possibilities. A true blank canvas in one of Alderwood's most desirable pockets. **202 Delta Street does not currently exist, offering a unique chance to establish a brand-new address as part of this exciting redevelopment opportunity.** The property currently features two three-bedroom bungalows, both of which can be easily rented while development plans are underway. With nearly 10,000 sq ft of land, this property is nestled between relatively newly built homes, providing a beautiful streetscape. Surrounded by mature trees and quality custom residences, opportunities like this are exceptionally rare in the neighbourhood. *Some images include conceptual renderings for illustrative purposes only.*

Mortgage Calculator

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Estimated Payment

$11,943.01/mo

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5-yr fixed avg.

Principal: $2,160,000Interest: $1,422,903
Mortgage Amount$2,160,000
Total Interest$1,422,903
Est. Property Tax$1,913/mo
Total Cost$3,582,903

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

200 & 204 Delta Street, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,913
Insurance (est.)-$563
Net Cash Flow+$1,624

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 $1350/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 69 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.

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 3 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 $11,250 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    200 & 204 Delta Street | $2,700,000 | Battaglia Team