53 Savona Drive, Toronto W06

Price: $1,198,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13869962

Welcome to 53 Savona Drive! This inviting bungalow offers generous living spaces and a flexible layout. Originally a three-bedroom home, it has been converted to two bedrooms to create an exceptionally spacious primary bedroom with a walkout to the backyard deck, with the option to restore the original three-bedroom layout. The large, open kitchen offers plenty of room for cooking and gathering, while the cozy living and dining area features a gas fireplace for a warm, welcoming atmosphere. A finished lower level with a second kitchen provides additional living space and versatility. Outside, enjoy a beautiful backyard with a spacious deck and fire pit-perfect for summer entertaining or relaxing evenings outdoors. A private driveway completes this charming home.

53 Savona Drive - Detached photo 1 of 27 in Liberty Village / Parkdale / South Parkdale, Ontario
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New Listing
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$1,198,000 - 53 Savona Drive, Liberty Village

Detached for Sale in Liberty Village

New — Listed yesterday

Neighbourhood: Alderwood

3Beds
2Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W13869962
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2026)
$4,727
Listing Brokerage
SUTTON GROUP OLD MILL REALTY INC.
Description

Welcome to 53 Savona Drive! This inviting bungalow offers generous living spaces and a flexible layout. Originally a three-bedroom home, it has been converted to two bedrooms to create an exceptionally spacious primary bedroom with a walkout to the backyard deck, with the option to restore the original three-bedroom layout. The large, open kitchen offers plenty of room for cooking and gathering, while the cozy living and dining area features a gas fireplace for a warm, welcoming atmosphere. A finished lower level with a second kitchen provides additional living space and versatility. Outside, enjoy a beautiful backyard with a spacious deck and fire pit-perfect for summer entertaining or relaxing evenings outdoors. A private driveway completes this charming home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,299.16/mo

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5-yr fixed avg.

Principal: $958,400Interest: $631,347
Mortgage Amount$958,400
Total Interest$631,347
Est. Property Tax$849/mo
Total Cost$1,589,747

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

53 Savona Drive, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$849
Insurance (est.)-$250
Net Cash Flow+$1,701

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

Premium Pricing

At $1711/sqft, this property is priced above the Liberty Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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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    53 Savona Drive | $1,198,000 | Battaglia Team