99 Lake Promenade N/A, Toronto W06

Price: $7,980,000

5 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13225230

**MUSKOKA IN YOUR OWN BACKYARD** This classic Hamptons-style home by Chatsworth Fine Homes offers an exciting opportunity to customize a new dream home and build instant value - without the long wait of new construction. Set on a 56' x 224' lot with direct lake access to a rare private beach and deck, the home spans 6,760 sq. ft. of luxury living space. Designed for comfort, light and flow, the main level showcases expansive lake views and a bright, open-concept living area that walks out to a generous deck overlooking the pool and large yard. The second floor features four bedrooms, each with its own ensuite and walk-in closet. The primary suite overlooking the lake includes a private deck, two walk-in closets and a 5 pc spa ensuite. Thoughtful upgrades elevate function and luxury with a superior home automation system, skylights, roughed-in elevator, heated basement floors and side yard basement walk-out. A coveted net-zero environmental designation reflects Chatsworth's focus on sustainability and long-term efficiency. A Tarion Warranty provides further guarantees of quality craftsmanship. This unique property provides an ideal setting for lakeside entertaining, kayaking and quiet relaxation as swans glide by. Nestled in a charming, cottage-like neighbourhood between two large parks and miles of waterfront trails, the home is also conveniently near city amenities and airports. With Chatsworth's thoughtful designer and top team ready to expertly manage the completion process, you can have everything you have always wanted in your forever home with ease.

99 Lake Promenade N/A - Detached photo 1 of 36 in Liberty Village / Parkdale / South Parkdale, Ontario
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$7,980,000 - 99 Lake Promenade N/A, Liberty Village

Detached for Sale in Liberty Village

5Beds
7Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13225230
Property Type
Detached
Status
active
Days on Site
17
Bedrooms
5
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
ROYAL LEPAGE/J & D DIVISION
Description

**MUSKOKA IN YOUR OWN BACKYARD** This classic Hamptons-style home by Chatsworth Fine Homes offers an exciting opportunity to customize a new dream home and build instant value - without the long wait of new construction. Set on a 56' x 224' lot with direct lake access to a rare private beach and deck, the home spans 6,760 sq. ft. of luxury living space. Designed for comfort, light and flow, the main level showcases expansive lake views and a bright, open-concept living area that walks out to a generous deck overlooking the pool and large yard. The second floor features four bedrooms, each with its own ensuite and walk-in closet. The primary suite overlooking the lake includes a private deck, two walk-in closets and a 5 pc spa ensuite. Thoughtful upgrades elevate function and luxury with a superior home automation system, skylights, roughed-in elevator, heated basement floors and side yard basement walk-out. A coveted net-zero environmental designation reflects Chatsworth's focus on sustainability and long-term efficiency. A Tarion Warranty provides further guarantees of quality craftsmanship. This unique property provides an ideal setting for lakeside entertaining, kayaking and quiet relaxation as swans glide by. Nestled in a charming, cottage-like neighbourhood between two large parks and miles of waterfront trails, the home is also conveniently near city amenities and airports. With Chatsworth's thoughtful designer and top team ready to expertly manage the completion process, you can have everything you have always wanted in your forever home with ease.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$35,298.23/mo

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5-yr fixed avg.

Principal: $6,384,000Interest: $4,205,469
Mortgage Amount$6,384,000
Total Interest$4,205,469
Est. Property Tax$5,653/mo
Total Cost$10,589,469

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

99 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)
-0.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,450
Maintenance Fees-$0
Property Tax (est.)-$5,653
Insurance (est.)-$1,663
Net Cash Flow-$2,866

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $2280/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.

Market Position

At 17 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.

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 7 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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    99 Lake Promenade N/A | $7,980,000 | Battaglia Team