$1,089,000 - 454 Rimilton Avenue, Liberty Village
Detached for Sale in Liberty Village
New — Listed yesterdayNeighbourhood: Alderwood
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- MLS Number
- W14102734
- Property Type
- Detached
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Taxes (2026)
- $4,980
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This intriguing, solid brick bungalow is a true treasure with loads of potential! Renovate, top up, split/sever the lot, build new, or simply move-in and enjoy! Ideally situated on a WIDE 45 x 130 ft corner lot on postcard-pretty, tree-lined street in family-friendly Alderwood, this spacious 3+1-bedroom home has been lovingly owned by the same family for over 70 years! Uniquely positioned on a corner, the property offers welcoming front and side entrances from both Rimilton and Hallmark Ave. The freshly painted main floor offers 1,196 sq ft (per MPAC), plus an additional 1,129 sq ft in the unfinished lower level (per floor plans). Decorated in Benjamin Moore's trendy 'Dune White', the main floor feels bright and inviting. Updated lighting complements the solid oak hardwood floors, recently refinished in 'Special Walnut'. The spacious living/dining room features a large south-facing window that floods the space with natural light. The generously sized kitchen offers abundant cabinetry, a floor-to-ceiling pantry, ceramic backsplash and built-in desk. Two west-facing windows overlook the side yard, filling the kitchen with warm afternoon light and spectacular sunset hues. Three good-sized main-floor bedrooms feature fresh paint and beautifully refinished hardwood floors. The high, unspoiled basement awaits your personal touch, offering excellent potential for additional family living space or future income opportunities ($$$)! Outside, enjoy an enormous, pool-sized 45 x 130 ft lot with private drive, attached garage and lush green backyard-perfect for relaxing in the afternoon sunshine or entertaining family & friends. The location is exceptional! Steps to local parks and schools, and a short walk to French immersion, scenic hiking/biking trails, Farm Boy and Long Branch GO Station. A short drive to local shopping, big-box stores and Sherway Gardens, with easy access to highways and the airport. A fantastic opportunity in much-loved East Alderwood! See attached survey.
Estimate your monthly payments for this property
Estimated Payment
$4,817.01/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.
454 Rimilton Avenue, 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 $990/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Liberty Village's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $4,538 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.