$638,000 - 58 Marine Parade Drive Unit 323, Liberty Village
Condo for Sale in Liberty Village
75 days on market- MLS Number
- W12957266
- Property Type
- Condo
- Status
- active
- Days on Site
- 75
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Beautifully renovated, sun-filled corner 1-bedroom plus den/office in one of Toronto's most sought-after waterfront residences. This spacious suite offers a rare wraparound balcony and floor-to-ceiling windows, filling the home with natural light and showcasing bright, open views throughout the day.Thoughtfully updated from top to bottom, the open-concept new renovated kitchen with stainless steel appliances, white cabinets with corian stone counters, dining, and living areas create a refined yet comfortable space-perfect for entertaining or unwinding in style. Features include a sleek, modern, work from home den set up that is convenient for working professionals or hobby enthusiast. A generous bedroom with ample closet space, and convenient in-suite laundry with spa-inspired bathroom. This unit includes one parking space and a large storage locker.Ideal for young professionals or those looking to right-size without compromise, this home offers a perfect blend of style, comfort, and low-maintenance living. Residents enjoy premium amenities, including an indoor pool, fully equipped fitness centre, party room, and guest suites. Just steps to the lake, with kilometres of scenic walking and biking trails, plus a curated mix of cafés, restaurants, and everyday essentials-offering a lifestyle that's equal parts vibrant and relaxed. Enjoy effortless access to all major highways like QEW, HWY 401, 407, so much more, Going to downtown Toronto is a breeze by using the Street Cars or TTC, and both Billy Bishop (YTZ) and Pearson (YYZ) airports are just 10-20 minutes away. This is a must see if you are serious about moving in the west end downtown without the hassle and bussle of the City as you have access to all waterfront luxury at a fraction of a cost on a Multi Million Dollar Community that offers all convenience of a small boutique home away from home kinda vibe. Come and have a look and fell in love with this unit, a place where you can rest at peace with nature.
Estimate your monthly payments for this property
Estimated Payment
$3,273.27/mo
Includes CMHC insurance ($17,800)
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.
58 Marine Parade Drive Unit 323, 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
Fair Market Value
At $1063/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 75 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.
Efficient Living
At 600 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 $2,658 (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.