23 Second Street, Toronto W06

Price: $1,199,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13150434

23 Second St. Not Just a "House," a "Home."Tucked into one of the city's most loved lakeside neighbourhoods, this detached home offers the warmth and character that's hard to find - the feeling of home the moment you walk in. Sun-filled and move-in ready, it blends thoughtful updates with inviting spaces designed for everyday living and easy entertaining.The main floor features hardwood flooring throughout, custom built-ins, and a cozy gas fireplace that anchors the living space. The upgraded kitchen is both functional and stylish, complete with stainless steel appliances, granite countertops, ample storage, and a walk-out to a spacious deck overlooking the fenced backyard The finished basement adds valuable extra living space with a second fireplace, ideal for movie nights, a home office, or guest space. Practical details make everyday life easier: two-car parking, an extra-wide shared driveway that comfortably fits large SUVs, under-deck storage, plus updates including a new roof (2021) and central heating. Steps to the lake, waterfront trails, parks, splash pads, skating rinks, tennis courts, cafés, restaurants, and local shops, the neighbourhood offers the perfect balance of outdoor living and city convenience, with nearby schools, daycare options, and quick access to the GO Train, TTC, airport, and highways.A charming lakeside home with character, comfort, and a location that makes everyday life feel a little easier.

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$1,199,000 - 23 Second Street, Liberty Village

Detached for Sale in Liberty Village

Neighbourhood: New Toronto

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13150434
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

23 Second St. Not Just a "House," a "Home."Tucked into one of the city's most loved lakeside neighbourhoods, this detached home offers the warmth and character that's hard to find - the feeling of home the moment you walk in. Sun-filled and move-in ready, it blends thoughtful updates with inviting spaces designed for everyday living and easy entertaining.The main floor features hardwood flooring throughout, custom built-ins, and a cozy gas fireplace that anchors the living space. The upgraded kitchen is both functional and stylish, complete with stainless steel appliances, granite countertops, ample storage, and a walk-out to a spacious deck overlooking the fenced backyard The finished basement adds valuable extra living space with a second fireplace, ideal for movie nights, a home office, or guest space. Practical details make everyday life easier: two-car parking, an extra-wide shared driveway that comfortably fits large SUVs, under-deck storage, plus updates including a new roof (2021) and central heating. Steps to the lake, waterfront trails, parks, splash pads, skating rinks, tennis courts, cafés, restaurants, and local shops, the neighbourhood offers the perfect balance of outdoor living and city convenience, with nearby schools, daycare options, and quick access to the GO Train, TTC, airport, and highways.A charming lakeside home with character, comfort, and a location that makes everyday life feel a little easier.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,303.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $959,200Interest: $631,874
Mortgage Amount$959,200
Total Interest$631,874
Est. Property Tax$849/mo
Total Cost$1,591,074

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: New Toronto

Discover New Toronto

New Toronto 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 New Toronto

  • 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

New Toronto 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

23 Second Street, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$1,701

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 $1090/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 20 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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About New Toronto

I know New Toronto well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    MLS# W13150434 — 23 Second Street, Liberty Vil… | Battaglia Team