67 Lake Promenade N/A, Toronto W06

Price: $8,500,000

5 bedrooms, 9 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W12888306

Set along South Etobicoke's prestigious lakefront corridor, this modern estate offers over 6,200 SF of refined interiors paired with resort-style amenities seldom available. Bold in presence and uncompromising in design, it sits behind mature trees with an architectural profile that frames uninterrupted Lake Ontario views. A dramatic open-to-above foyer introduces the home, featuring a floating glass staircase, overhead skylights, and a direct views of the water. The main level unfolds as a sequence of sophisticated living spaces defined by warm wood ceilings, gallery-like walls, and a sculptural double-sided linear fireplace. Near floor-to-ceiling windows wrap the home, inviting natural light and capturing the shoreline from every angle. The chef's kitchen delivers a magazine-worthy experience with Wolf and Sub-Zero appliances, bespoke cabinetry, a custom backsplash, and a striking central island. Adjacent living and dining zones create a fluid setting for elevated entertaining or intimate evenings. Above, 4 serene bedroom suites each offer a walk-in closet and ensuite. The lakefront primary retreat features a boutique dressing room, spa-calibre ensuite with heated floors and a freestanding tub overlooking the water, plus a private balcony for quiet reflections. The lower level extends the home's resort-like character with a recreation lounge, bar, gym, sauna, steam room, wine cellar, and an additional guest suite, opening seamlessly to the tiered backyard. Outdoors, multiple terraces, mature landscaping, a heated pool, a hot tub, and sweeping lake vistas create a breathtaking environment for year-round enjoyment. Additional comforts include a heated driveway, architectural millwork, integrated lighting, and a layout designed for both luxury living and effortless hosting. Moments from waterfront trails, marinas, golf, and downtown Toronto, this estate offers a rare opportunity to own an impeccably crafted lakefront home.

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New Listing
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$8,500,000 - 67 Lake Promenade N/A, Liberty Village

Detached for Sale in Liberty Village

New — Listed 2 days ago
5Beds
9Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W12888306
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
5
Bathrooms
9
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Set along South Etobicoke's prestigious lakefront corridor, this modern estate offers over 6,200 SF of refined interiors paired with resort-style amenities seldom available. Bold in presence and uncompromising in design, it sits behind mature trees with an architectural profile that frames uninterrupted Lake Ontario views. A dramatic open-to-above foyer introduces the home, featuring a floating glass staircase, overhead skylights, and a direct views of the water. The main level unfolds as a sequence of sophisticated living spaces defined by warm wood ceilings, gallery-like walls, and a sculptural double-sided linear fireplace. Near floor-to-ceiling windows wrap the home, inviting natural light and capturing the shoreline from every angle. The chef's kitchen delivers a magazine-worthy experience with Wolf and Sub-Zero appliances, bespoke cabinetry, a custom backsplash, and a striking central island. Adjacent living and dining zones create a fluid setting for elevated entertaining or intimate evenings. Above, 4 serene bedroom suites each offer a walk-in closet and ensuite. The lakefront primary retreat features a boutique dressing room, spa-calibre ensuite with heated floors and a freestanding tub overlooking the water, plus a private balcony for quiet reflections. The lower level extends the home's resort-like character with a recreation lounge, bar, gym, sauna, steam room, wine cellar, and an additional guest suite, opening seamlessly to the tiered backyard. Outdoors, multiple terraces, mature landscaping, a heated pool, a hot tub, and sweeping lake vistas create a breathtaking environment for year-round enjoyment. Additional comforts include a heated driveway, architectural millwork, integrated lighting, and a layout designed for both luxury living and effortless hosting. Moments from waterfront trails, marinas, golf, and downtown Toronto, this estate offers a rare opportunity to own an impeccably crafted lakefront home.

Mortgage Calculator

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Estimated Payment

$37,598.37/mo

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5-yr fixed avg.

Principal: $6,800,000Interest: $4,479,510
Mortgage Amount$6,800,000
Total Interest$4,479,510
Est. Property Tax$6,021/mo
Total Cost$11,279,510

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

67 Lake Promenade N/A, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,450/mo
Range: $3,783 - $5,118
Cap Rate (ROI)
-0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$6,021
Insurance (est.)-$1,771
Net Cash Flow-$3,342

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Premium Pricing

At $2429/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Liberty Village.

Bathroom Count Matters

With 9 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.

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