$1,139,999 - 154 Fifth Street, Liberty Village
Detached for Sale in Liberty Village
Popular ListingNeighbourhood: New Toronto
- MLS Number
- W13495472
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- RE/MAX PREMIER INC.
Welcome To This Stunning Bungalow, The Perfect Mix Of Modern Living And Comfort, Move-In-Ready Convenience-Ideal For First-Time Buyers, Small Families, Down-Sizers Or Anyone Looking For Stylish, Low-Maintenance Living By The Lake. Steps Away From Toronto's Waterfront With Amazing Parks, Trails, Excellent Schools, Access To Public Transit, Endless Shops On Lake Shore Blvd And A Short Drive To Downtown Toronto. The Interior Boasts A Bright, Spacious And Modern Open Concept Living Main Floor, With Lots Of Natural Light And Separate Living And Dining Space. With The A Completely Finished Basement And Side Entrance, This Property Comes With A Move-In-Ready Rental Opportunity For First Time Home Buyers And Or Investors Who Are Looking For Income As Well As A Personal Living Space. With A Private Gated Backyard And An Expansive Lot, This Home Is Perfect For Outdoor Entertaining And Growing Families. The Lot Features A Large Patio, Hot Tub, Retractable Awning, Shed And Ample Green Space. This Amazing Backyard Also Includes Laneway Access With An Already Poured Concrete Slab Including Hydro Hook Up Along The Rear Fence Line. An Amazing Opportunity To Be Converted Into A Parking Pad, A Future Garage Or Better Yet A Trendy Laneway Suite For Additional Income. A Truly Special Home Offering A Family Friendly Neighbourhood With City Life.
Estimate your monthly payments for this property
Estimated Payment
$5,042.60/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 New Toronto
New Toronto 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 New Toronto
- •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
New Toronto 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.
154 Fifth 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
Premium Pricing
At $1629/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.
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.
Efficient Living
At 700 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.
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.
About New Toronto
I know New Toronto well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $4,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.