$549,000 - 5 Marine Parade Drive Unit 411, Liberty Village
Condo for Sale in Liberty Village
- MLS Number
- W13211960
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PARKLAND LTD.
Sophisticated Waterfront Luxury Awaits At Grenadier Landing On The Prestigious Humber Bay Shores. Showcasing Over $75,000 In Stunning Renovations, This Exquisitely Reimagined 1 Bedroom + Generous Den Residence Blends Refined Elegance With Modern Comfort, Featuring A Gorgeous Designer Kitchen With Chic Custom Cabinetry, Quartz Countertops, New Stainless Steel Appliances, Sleek Modern Fixtures, Fresh Benjamin Moore Paint, And Beautiful New Laminate Flooring And Beautiful Oversized Tiles, Beneath Soaring 9 Ft Smooth Ceilings. The Spa Inspired Washrooms Have Been Tastefully Updated With Contemporary Vanities And Elegant Finishes, Creating A Truly Turnkey Living Experience. Bathed In Natural Light, This Spectacular SW Facing Suite Offers Serene Water Views And A Seamless Open Concept Layout Perfect For Luxurious Everyday Living And Entertaining. Enjoy Walkouts To An Expansive Oversized Balcony From Both The Principal Living Area And The Spacious Primary Retreat. The Versatile Den Is Ideal As A Sophisticated Home Office Or Stylish Guest Space. Complete With 2 Full Washrooms, Convenient Parking Near The Entrance, And A Large Locker, This Exceptional Residence Is Nestled Within One Of Toronto's Most Sought After Waterfront Communities Offering 24 Hour Concierge, Premium Amenities, Steps To The Lake, Parks, Fine Dining, Shopping, Transit, Major Highways, And Just Minutes To Downtown Toronto. A Rare Opportunity To Experience Elevated Lakeside Living At Its Finest
Estimate your monthly payments for this property
Estimated Payment
$2,816.65/mo
Includes CMHC insurance ($15,317)
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.
5 Marine Parade Drive Unit 411, Liberty Village / Parkdale / South Parkdale
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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
Competitive Pricing
At $784/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.
Market Position
At 21 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.
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.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,288 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.