4 Lunness Road, Toronto W06

Price: $1,799,000

5 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: W13100778

Prime Alderwood new build boasting 2800 sq. ft of finished living space. This 5 bedroom, 5 bath home is flooded with light and has been meticulously designed and built with the upmost quality. A fantastic blend of form and function. The modern custom kitchen is an absolute showstopper with loads of custom Walnut cabinetry, stunning quarts counters, backsplash and designer lighting, perfect for entertaining and family life! The large main floor family room is stunning with custom built-ins and large modern fireplace. The mantle niche has been built to accommodate a 70" television. Two of the 4 bedrooms on the upper level have ensuite baths, the primary ensuite is just stunning with a stand alone soaker tub, separate glass shower, double vanity and a 15 ft. width! The lover level 5th bedroom, family room and full bath has an amazing 11 ft. ceiling height and large sliding patio doors which floods the space with natural light. With direct access to the Gardiner/QEW and 427, you could not ask for a better location. If you are looking for the perfect modern newly built family, or entertaining home, your search stops here!

4 Lunness Road - Detached photo 1 of 49 in Liberty Village / Parkdale / South Parkdale, Ontario
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$1,799,000 - 4 Lunness Road, Liberty Village

Detached for Sale in Liberty Village

60 days on market

Neighbourhood: Alderwood

5Beds
5Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
W13100778
Property Type
Detached
Status
active
Days on Site
60
Bedrooms
5
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
ROYAL LEPAGE ESTATE REALTY
Description

Prime Alderwood new build boasting 2800 sq. ft of finished living space. This 5 bedroom, 5 bath home is flooded with light and has been meticulously designed and built with the upmost quality. A fantastic blend of form and function. The modern custom kitchen is an absolute showstopper with loads of custom Walnut cabinetry, stunning quarts counters, backsplash and designer lighting, perfect for entertaining and family life! The large main floor family room is stunning with custom built-ins and large modern fireplace. The mantle niche has been built to accommodate a 70" television. Two of the 4 bedrooms on the upper level have ensuite baths, the primary ensuite is just stunning with a stand alone soaker tub, separate glass shower, double vanity and a 15 ft. width! The lover level 5th bedroom, family room and full bath has an amazing 11 ft. ceiling height and large sliding patio doors which floods the space with natural light. With direct access to the Gardiner/QEW and 427, you could not ask for a better location. If you are looking for the perfect modern newly built family, or entertaining home, your search stops here!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,957.58/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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: Alderwood

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

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

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.

70
Walk Score
Varies
Price Range

4 Lunness Road, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$2,051

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 $900/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 60 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.

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.

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 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 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.

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    4 Lunness Road | $1,799,000 | Battaglia Team