294 Valermo Drive, Toronto W06

Price: $2,000,000

6 bedrooms, 6 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12864450

Welcome to this immaculate modern detached home in the heart of Alderwood, Etobicoke.Featuring beautiful curb appeal and a landscaped front yard, this home offers a bright open-concept main floor with hardwood flooring, large windows, and elegant finishes throughout. The chef kitchen includes an oversized granite island, gas stove, and ample storage-perfect for entertaining.The second floor offers a large family room, three spacious bedrooms, three stylish 3-piece bathrooms. The entire top level is dedicated to a luxurious primary retreat with a large walk-in closet and spa-inspired ensuite and a charming patio for outdoor relaxation.The fully finished basement provides excellent flexibility with a kitchen, two bedrooms, and a full bathroom-ideal for an in-law suite. Enjoy the beautifully landscaped backyard with a gasBBQ rough-in, perfect for summer gatherings.

294 Valermo Drive - Detached photo 1 of 41 in Liberty Village / Parkdale / South Parkdale, Ontario
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$2,000,000 - 294 Valermo Drive, Liberty Village

Detached for Sale in Liberty Village

101 days on market
6Beds
6Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12864450
Property Type
Detached
Status
active
Days on Site
101
Bedrooms
6
Bathrooms
6
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
HOMELIFE LANDMARK REALTY INC.
Description

Welcome to this immaculate modern detached home in the heart of Alderwood, Etobicoke.Featuring beautiful curb appeal and a landscaped front yard, this home offers a bright open-concept main floor with hardwood flooring, large windows, and elegant finishes throughout. The chef kitchen includes an oversized granite island, gas stove, and ample storage-perfect for entertaining.The second floor offers a large family room, three spacious bedrooms, three stylish 3-piece bathrooms. The entire top level is dedicated to a luxurious primary retreat with a large walk-in closet and spa-inspired ensuite and a charming patio for outdoor relaxation.The fully finished basement provides excellent flexibility with a kitchen, two bedrooms, and a full bathroom-ideal for an in-law suite. Enjoy the beautifully landscaped backyard with a gasBBQ rough-in, perfect for summer gatherings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5-yr fixed avg.

Principal: $1,600,000Interest: $1,054,002
Mortgage Amount$1,600,000
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,002

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

294 Valermo Drive, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,850/mo
Range: $4,123 - $5,578
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,850
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$3,016

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

Competitive Pricing

At $571/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.

Negotiation Opportunity

At 101 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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

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.

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    294 Valermo Drive | $2,000,000 | Battaglia Team