$1,969,000 - 327 Melrose Street, Liberty Village
Detached for Sale in Liberty Village
39 days on marketNeighbourhood: Mimico
- MLS Number
- W13203158
- Property Type
- Detached
- Status
- active
- Days on Site
- 39
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Your Custom-Built Luxury Stunner Awaits! No Expense Has Been Spared! Mahogany Front/Garage Door. Jaw-Dropping Contemporary Finishes &Features Throughout: Open Concept Main-Floor Layout, Soaring High Ceilings (13 Ft Downstairs), Four (4) Fireplaces, Five (5) Washrooms (Each Bedroom Has Designated Ensuite) & Gourmet Kitchen W/ High End Bosch Appliances. Immaculate Attention To Detail! B/I Integrated Speaker & Smart Security System, Core Doors, Laundry Upstairs. Primary Bedroom Ft. Lavish 5Pce Ensuite W/ Frameless Shower, W/I Closet & Juliet Balcony. In-Floor Heating Downstairs, Wet Bar & W/O To Backyard For In-Law / Nanny Suite. Over side Deck W/ Gas Line For BBQ & New Fence Will Make For Incredible Gatherings This Summer. Your Friends & Family Will Be Blown Away By Your Incredible New Home In This Highly Sought-After Family-Friendly Lakeside Neighbourhood Just 10-15 Mins To Downtown/Airport. Walking Distance To Mimico Village W/ San Remo Bakery, Jimmy's Coffee & Mimico Go W/ Union Station Only 2 Stops Away! Don't Miss Out!
Estimate your monthly payments for this property
Estimated Payment
$8,709.55/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.
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
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.
327 Melrose Street, Liberty Village / Parkdale / South Parkdale
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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 $985/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 39 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.
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 5 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.