38 Algoma Street, Toronto W06

Price: $1,799,000

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W13133776

Beautiful,Four bedroom,Custom-built,Modern Architecture Designs with quality finishing. Open-concept layout,bright,modern kitchen designed for entertaining, featuring an oversized island,statement pendant lighting,S/S appliances. Walk Out through Floor to Ceiling Glassed,Sliding doors from Kitchen/Dinning area to an oversized deck overlooking a generous 34 x 125.5 ft lot with Stone Patio and a yard waiting for your personal touch. This home has an abundant Natural Light from the 2 Skylights, Living room,side and back windows. Hardwood flooring throughout,solid Wood Stairs W/Glass Railings and pot light on the wall for night vision. kitchen receives direct sun light from opening to above skylight. The spacious primary bedroom retreat features a 5-piece ensuite with double vanity,freestanding tub,custom shower, walk-in closet and Electric Fireplace.The upper level includes an additional 5-piece bathroom with double vanity.Generous size bedrooms and a conveniente laundry & sink area. The fully finished lower level has laminated floors,a recreation room/Gym, 4-piece bathroom,Electric Fireplace and side entrance. Excellent access to public transit, a 10 minute walk to Mimico Go Station, major highways,Toronto's Airports(Pearson and Billy Bishop) & quick access to downtown and some of the best entertainment venues including Exhibition Place Grounds, BMO Field, Rogers Centre, Scotiabank Arena. Short walk to The Bread Essentials & San Remo Bakery . Less than 10 minute drive to Major Grocery Stores (NoFrills, Costco and Longo's on The Queensway ).

38 Algoma Street - Detached photo 1 of 37 in Liberty Village / Parkdale / South Parkdale, Ontario
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$1,799,000 - 38 Algoma Street, Liberty Village

Detached for Sale in Liberty Village

4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
W13133776
Property Type
Detached
Status
active
Days on Site
29
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
SUTTON GROUP OLD MILL REALTY INC.
Description

Beautiful,Four bedroom,Custom-built,Modern Architecture Designs with quality finishing. Open-concept layout,bright,modern kitchen designed for entertaining, featuring an oversized island,statement pendant lighting,S/S appliances. Walk Out through Floor to Ceiling Glassed,Sliding doors from Kitchen/Dinning area to an oversized deck overlooking a generous 34 x 125.5 ft lot with Stone Patio and a yard waiting for your personal touch. This home has an abundant Natural Light from the 2 Skylights, Living room,side and back windows. Hardwood flooring throughout,solid Wood Stairs W/Glass Railings and pot light on the wall for night vision. kitchen receives direct sun light from opening to above skylight. The spacious primary bedroom retreat features a 5-piece ensuite with double vanity,freestanding tub,custom shower, walk-in closet and Electric Fireplace.The upper level includes an additional 5-piece bathroom with double vanity.Generous size bedrooms and a conveniente laundry & sink area. The fully finished lower level has laminated floors,a recreation room/Gym, 4-piece bathroom,Electric Fireplace and side entrance. Excellent access to public transit, a 10 minute walk to Mimico Go Station, major highways,Toronto's Airports(Pearson and Billy Bishop) & quick access to downtown and some of the best entertainment venues including Exhibition Place Grounds, BMO Field, Rogers Centre, Scotiabank Arena. Short walk to The Bread Essentials & San Remo Bakery . Less than 10 minute drive to Major Grocery Stores (NoFrills, Costco and Longo's on The Queensway ).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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

38 Algoma Street, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$1,551

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 $1199/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.

Market Position

At 29 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Liberty Village. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    38 Algoma Street, Liberty Vil… — $1,799,000 | Battaglia Team