$3,050,000 - 399 Lake Promenade N/A, Liberty Village
Detached for Sale in Liberty Village
94 days on market- MLS Number
- W12889386
- Property Type
- Detached
- Status
- active
- Days on Site
- 94
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rarely Offered Waterfront Dream Home In Toronto! Wake Up To The Waves Outside Your Window & Enjoy A Morning Coffee On Your Balcony While Soaking In The Lake Views!Take A Bike Ride Along The Shore On Your Coveted New Street Lined W/ Multi-Million Dollar Estates, Mature Trees, Winding Roads & Lakeside Parks! Easily Commute Downtown W/ Access To Major Arteries & Walking Distance To Long Branch GO Station.Stop By Local Shops/Cafes/Restos On An Enchanting Neighbourhood Stroll. Return Home To Admire Breathtaking Views Of The Sunset Over The Horizon From South-Facing Windows In This Beautifully Renovated ($400k+ In Upgrades) Open Concept Main-Floor Layout Ideal For Entertaining Your Family Or Guests. And When Its Time To Retire Back Upstairs To Your Enviable Primary Bedroom You Can Rest & Relax In Your Soaker Tub Gazing Out The Window Upon The Stars Glistening Over Lake Ontario! Your New Home On The Lake Provides Views That Are Completely Awe-Inspiring As Well As A Lakeside Lifestyle That Is Truly Magical! 399 LAKE PROM Is Unbelievable! Carson Dunlop Pre-List Inspection Report, Virtual Tour, List Of Upgrades & More Info Available.
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Estimated Payment
$13,491.18/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.
399 Lake Promenade N/A, 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
Premium Pricing
At $1525/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 94 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.
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 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 $12,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.