21 Ruby Lang Lane, Toronto W06

Price: $1,248,990

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: W13440964

Welcome to 21 Ruby Lang Lane, an exceptional freehold POTL townhouse built by Dunpar in 2009, ideally located in the heart of prestigious Islington Village. Proudly offered by the original owners, this meticulously maintained home showcases outstanding pride of ownership. Perfectly positioned across from a beautifully landscaped park and backing onto charming bungalows, this sun-filled residence offers rare privacy and desirable southern exposure. Featuring approximately 1,970 SF plus a private 176 SF terrace, this extensively upgraded home blends luxury and functionality throughout. The lower level features heated tile floors, a 2-piece bath, and a premium office/den with custom California Closets built-ins. An oversized tandem garage offers parking for 2 vehicles plus exceptional storage. Hardwood staircases, 9-foot ceilings on the main and third floors, hardwood in the primary suite, and custom window coverings throughout enhance the elegant interior. The living room offers hardwood floors, gas fireplace, built-in ceiling speakers, crown moulding and scenic park views. The designer kitchen features granite counters, centre island, breakfast bar, pantry, valance lighting, new stainless steel fridge, gas range, built-in dishwasher and microwave, with walkout to a private terrace with retractable awning and gas BBQ line. The bedroom level includes a spacious second bedroom with southern exposure and custom built-ins, a third bedroom with park views, a full 4-piece bath, and convenient laundry. The luxurious third-floor primary retreat offers a sitting area, private balcony, custom built-in closet, walk-in closet complete with custom closet organizer & spa-inspired 5-piece ensuite with double vanity, whirlpool soaker tub, and frameless glass shower. POTL fees cover professional landscaping and snow removal. Minutes to Mimico GO, steps to The Queensway, Lakeshore, and easy QEW/427 access. A rare turnkey opportunity in one of Etobicoke's most sought-after communities.

21 Ruby Lang Lane - Townhouse photo 1 of 39 in Liberty Village / Parkdale / South Parkdale, Ontario
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$1,248,990 - 21 Ruby Lang Lane, Liberty Village

Townhouse for Sale in Liberty Village

Neighbourhood: Mimico

4Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
W13440964
Property Type
Townhouse
Status
active
Days on Site
24
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
POPE REAL ESTATE LIMITED
Description

Welcome to 21 Ruby Lang Lane, an exceptional freehold POTL townhouse built by Dunpar in 2009, ideally located in the heart of prestigious Islington Village. Proudly offered by the original owners, this meticulously maintained home showcases outstanding pride of ownership. Perfectly positioned across from a beautifully landscaped park and backing onto charming bungalows, this sun-filled residence offers rare privacy and desirable southern exposure. Featuring approximately 1,970 SF plus a private 176 SF terrace, this extensively upgraded home blends luxury and functionality throughout. The lower level features heated tile floors, a 2-piece bath, and a premium office/den with custom California Closets built-ins. An oversized tandem garage offers parking for 2 vehicles plus exceptional storage. Hardwood staircases, 9-foot ceilings on the main and third floors, hardwood in the primary suite, and custom window coverings throughout enhance the elegant interior. The living room offers hardwood floors, gas fireplace, built-in ceiling speakers, crown moulding and scenic park views. The designer kitchen features granite counters, centre island, breakfast bar, pantry, valance lighting, new stainless steel fridge, gas range, built-in dishwasher and microwave, with walkout to a private terrace with retractable awning and gas BBQ line. The bedroom level includes a spacious second bedroom with southern exposure and custom built-ins, a third bedroom with park views, a full 4-piece bath, and convenient laundry. The luxurious third-floor primary retreat offers a sitting area, private balcony, custom built-in closet, walk-in closet complete with custom closet organizer & spa-inspired 5-piece ensuite with double vanity, whirlpool soaker tub, and frameless glass shower. POTL fees cover professional landscaping and snow removal. Minutes to Mimico GO, steps to The Queensway, Lakeshore, and easy QEW/427 access. A rare turnkey opportunity in one of Etobicoke's most sought-after communities.

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Estimated Payment

$5,524.70/mo

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5-yr fixed avg.

Principal: $999,192Interest: $658,219
Mortgage Amount$999,192
Total Interest$658,219
Est. Property Tax$885/mo
Total Cost$1,657,411

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: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • Lake Ontario waterfront access and trail
  • Revitalised village atmosphere with new development
  • Mimico GO Station for fast downtown commuting
  • Mix of new condominiums and character homes
  • Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • Mimico GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • Lakeshore West GO line to Union Station
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Humber Bay Park
  • Mimico waterfront trail
  • Amos Waites Park
  • Mimico Centennial Library
  • Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

21 Ruby Lang Lane, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,935

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

Fair Market Value

At $833/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.

Market Position

At 24 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Liberty Village have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Liberty Village. Good resale value as demand remains consistent.

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.

About Mimico

I know Mimico 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.

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    21 Ruby Lang Lane | $1,248,990 | Battaglia Team