$1,350,000 - 334 Rimilton Avenue, Liberty Village
Detached for Sale in Liberty Village
84 days on market- MLS Number
- W12926282
- Property Type
- Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Lot Size
- 4,521 sqft
- Listing Brokerage
- RE/MAX PREMIER INC.
Welcome to 334 Rimilton Ave, situated in the sought-after Alderwood community of South Etobicoke. Rare opportunity to own a home that has been lovingly cared for by the same family for over 50 yrs-solid bones, a fantastic lot (approx. 41 x 101x 47 ft.), & exceptional future potential.Whether you are an end user looking to create your dream home, or an investor or developer seeking your next project, this property delivers. As a family home it's a little gem needing some TLC. Unique 3-bd home, originally built in the 1960s, features a functional layout with 2.5 baths. Bright eat-in kitchen is positioned between the dining rm & the spacious family rm addition, creating a natural flow for everyday living. The family rm (approx. 300 sq. ft.) offers a cozy gas fireplace & w/o to the b/yard deck-perfect for entertaining or relaxing. The primary bd includes his & hers closets & o/looks the private backyard. Hardwood & ceramic flooring, complemented by large windows, fill the space with natural light & a neutral décor that provides a perfect canvas for your personal touch. Fully fenced yard features a patio & deck, while the charming front porch & landscaped frontage add to the home's curb appeal. From an investment perspective, this property presents incredible redevelopment potential. Attached report highlights opportunities for expansion, garden suite, or multi-unit configurations such as duplex, triplex, or fourplex conversions (buyer to verify). Location... steps or minutes to; shops, restaurants, parks, schools, easy access to Sherway Gardens, Marie Curtis Park, Humber College Lakeshore Campus & Queensway Health Centre. Commuters will appreciate nearby TTC bus, along with convenient access to both Long Branch & Mimico GO Stations for seamless travel into downtown Toronto. Or minutes to Toronto Pearson International Airport. Whether you renovate, rebuild, or reimagine, the possibilities here are extensive.
Estimate your monthly payments for this property
Estimated Payment
$5,971.51/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.
334 Rimilton Avenue, Liberty Village / Parkdale / South Parkdale
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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
Fair Market Value
At $900/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.
Negotiation Opportunity
At 84 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.
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.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.