$839,630 - 8 Drummond Street Unit 420, Liberty Village
Condo for Sale in Liberty Village
New — Listed yesterday- MLS Number
- W13436618
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Beautifully upgraded townhouse in the highly sought-after Mimico community, offering modern finishes, smart-home features, exceptional outdoor space, and convenient transit access. The bright and inviting main floor features pot lights throughout, California shutters, fresh paint, and a custom built-in entertainment unit with fireplace, creating a warm and stylish living space. The refreshed kitchen includes a new refrigerator, new dishwasher, updated backsplash, and upgraded island façade. All three bathrooms have been fully renovated from top to bottom with contemporary finishes. The spacious primary bedroom features a brand-new sliding door providing direct access to a private balcony and plenty of natural light. A standout feature of this home is the exceptional outdoor living space. Composite decking has been installed on all three balconies, including a spectacular rooftop terrace. Perfect for entertaining, the rooftop terrace is equipped with two dedicated gas lines-one for a BBQ and one for a gas fire table. Whether you're enjoying your morning coffee, hosting guests, or relaxing at sunset, this private rooftop retreat offers a lifestyle rarely found in the city. The home is equipped with smart-home technology, including a Google Nest thermostat, Nest doorbell, and Nest smoke and carbon monoxide detectors for added convenience and peace of mind. Located just a 5-minute walk to Mimico GO Station and a 10-minute bus ride to Royal York Subway Station, commuting throughout Toronto is quick and easy. Enjoy nearby parks, waterfront trails, restaurants, shops, and all the amenities that make Mimico one of Toronto's most desirable neighbourhoods. Two parking spaces are included (Owned) Move-in ready and thoughtfully updated throughout, this townhouse combines comfort, style, outdoor living, and an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$4,307.74/mo
Includes CMHC insurance ($23,426)
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.
8 Drummond Street Unit 420, 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 $840/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.
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.
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.
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 $3,498 (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.