40 Carnation Avenue Unit 107, Toronto W06

Price: $895,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: W12814112

Bright, beautiful, and genuinely one-of-a-kind! This end-unit corner townhome elevated on the second level with SE exposure and tranquil treetop views, has natural light flooding through grandly-scaled windows & has to be experienced to be understood. This is a city living with a rare sense of calm. With one of the best layouts in the development, this 1,612 sq ft of wonderfully proportioned interior space, 9-foot ceilings, and a vast open-concept living and dining room, the main floor is as functional as it is beautiful. The gourmet kitchen anchors it all; an oversized island destined to become the heart of your home, ample cabinetry, and generous prep space. Custom built-in bench seating with hidden storage, a main-floor powder room, and an abundance of clever storage complete a floor plan that just makes sense. Three generously sized bedrooms sit peacefully above it all, including a primary suite with walk-in closet and private ensuite. A secondary bedroom with its own walkout balcony perch among the treetops - a quiet, unexpected delight. A private terrace below for long summer evenings. An owned storage locker and underground parking to round it out beautifully. Quite simply, a home that combines the soul of a house with the ease of condo living - nestled in an intimate Etobicoke community with every urban convenience at your doorstep. Warm, considered, and very easy to love.

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$895,000 - 40 Carnation Avenue Unit 107, Liberty Village

Condo for Sale in Liberty Village

115 days on market
3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
W12814112
Property Type
Condo
Status
active
Days on Site
115
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
Owned
Exposure
South East
Balcony
Terrace
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Bright, beautiful, and genuinely one-of-a-kind! This end-unit corner townhome elevated on the second level with SE exposure and tranquil treetop views, has natural light flooding through grandly-scaled windows & has to be experienced to be understood. This is a city living with a rare sense of calm. With one of the best layouts in the development, this 1,612 sq ft of wonderfully proportioned interior space, 9-foot ceilings, and a vast open-concept living and dining room, the main floor is as functional as it is beautiful. The gourmet kitchen anchors it all; an oversized island destined to become the heart of your home, ample cabinetry, and generous prep space. Custom built-in bench seating with hidden storage, a main-floor powder room, and an abundance of clever storage complete a floor plan that just makes sense. Three generously sized bedrooms sit peacefully above it all, including a primary suite with walk-in closet and private ensuite. A secondary bedroom with its own walkout balcony perch among the treetops - a quiet, unexpected delight. A private terrace below for long summer evenings. An owned storage locker and underground parking to round it out beautifully. Quite simply, a home that combines the soul of a house with the ease of condo living - nestled in an intimate Etobicoke community with every urban convenience at your doorstep. Warm, considered, and very easy to love.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,591.81/mo

Includes CMHC insurance ($24,971)

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5-yr fixed avg.

Principal: $805,500Interest: $547,074
Mortgage Amount$830,471
Total Interest$547,074
Est. Property Tax$634/mo
Total Cost$1,377,544

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

40 Carnation Avenue Unit 107, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$634
Insurance (est.)-$186
Net Cash Flow+$1,380

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 $559/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 115 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

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 $3,729 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    40 Carnation Avenue Unit 107 | $895,000 | Battaglia Team