$2,580,000 - 255 Gamma Street, Liberty Village
Multi-Family for Sale in Liberty Village
67 days on marketNeighbourhood: Alderwood
- MLS Number
- W13071376
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 67
- Bedrooms
- 8
- Bathrooms
- 7
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Class - A Investment Property. Exceptional turnkey 5-unit, Fully Leased to fantastic tenants at great rates. Brand new private 2 bedroom/1 bedroom+ loft garden house built in 2025 features heated floors on main, among many spectacular features. Main house fully gutted and renovated in 2025 to condo standards. Each unit features new kitchens, new bathrooms, new flooring, and includes all new appliances. New and upgraded mechanicals, 7 new (wall mounted) AC systems, 4 laundry sets and modern finishes throughout make this a rare hands-off investment. 5 electrical meters and separate water meter for each unit. All ceilings, floors and walls are insulated for soundproofing and fire rated for safety. Security cameras, new asphalt driveway, landscaping, new fence on the back and separation between garden suite. Private drive and designated parking spots. Strong rental income. Located in desirable South Etobicoke, close to transit, major highways, and amenities.
Estimate your monthly payments for this property
Estimated Payment
$11,412.21/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 Alderwood
Alderwood 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 Alderwood
- •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
Alderwood 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.
255 Gamma 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
Fair Market Value
At $1032/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.
Negotiation Opportunity
At 67 days on site, this property has exceeded the typical selling timeline for Liberty Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Excellent Flexibility
With 8 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.
About Alderwood
I know Alderwood 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 $10,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.