$1,595,000 - 61B James Street, Liberty Village
Detached for Sale in Liberty Village
104 days on market- MLS Number
- W12793846
- Property Type
- Detached
- Status
- active
- Days on Site
- 104
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Nestled in a quiet, sought-after south Etobicoke location and just a short walk to the lake, this beautifully maintained home offers the perfect blend of comfort, style, and peace of mind. Built in 2007 and meticulously cared for, this property showcases pride of ownership throughout. This is a truly turn-key home - nothing to do but move in and enjoy it. Step inside this gorgeous home with 9 ft ceilings on main floor and tons of natural light. Fully carpet-free, this property has numerous thoughtful upgrades, including a 2-way fireplace, elegant main floor hardwood (2018) and a stunning newly renovated kitchen (2025) with large centre island, and finished basement with full bathroom, walk-out from family room to backyard, and direct access from garage into the home. Major mechanical and structural updates provide exceptional value, including roof (2021), Lennox A/C (2020), mostly new windows (2022), second-floor bathroom renovation (2022), sump pump (2023), fresh painting (2018 & 2026), and a generator (value 28k - in 2025) for added peace of mind. The professionally landscaped backyard is your private retreat, completed in 2014 and featuring a beautiful pergola, decking, glass railings, and shed - perfect for outdoor gatherings or relaxing evenings at home. Enjoy morning coffee or evenings relaxing on any of your 3 walk-out balconies from your living room, kitchen and primary bedroom! You'll be ready to live and entertain in style and start your "forever" now. This stunning home truly stands out for its condition, updates, and unbeatable location. This is one you won't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$7,055.22/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.
61B James Street, 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
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 104 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.
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 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 $6,646 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.