$699,000 - 53 Twenty First Street, Liberty Village
Detached for Sale in Liberty Village
Neighbourhood: New Toronto
- MLS Number
- W13611694
- Property Type
- Detached
- Status
- active
- Days on Site
- 27
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- RE/MAX PROFESSIONALS INC.
Lovingly maintained by the original owner since 1949, this charming solid brick bungalow offers an incredible blank canvas on a generous 33 x 119 ft. lot in highly sought-after South Etobicoke. Perfect for first-time buyers looking to renovate and move in, investors, or builders aiming to add a second storey or expand, this 2-bedroom, 2-bathroom home is packed with potential. Step inside to find a classic main-floor layout, great basement height ready for re-finishing, and a massive backyard ideal for outdoor living, a future garage or a future addition. Key updates include a Noritz tankless boiler/water heater (approx. 4 yrs) and roof (approx. 5-10 yrs), plus ample parking for 3 vehicles on your private driveway. Situated on a quiet, family-friendly street within walking distance to Lake Ontario, local shops, restaurants, cafes, parks, trails, Humber College, Lakeshore streetcar, and all of life's conveniences. This is a rare opportunity to transform a solid home in an unbeatable location into your dream vision. Notes: Pre-List inspection available. Some images have been virtually renovated and staged to illustrate the potential of this home; original unedited photos are also included. See it, Love it, Buy it.
Estimate your monthly payments for this property
Estimated Payment
$3,586.23/mo
Includes CMHC insurance ($19,502)
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 New Toronto
New Toronto 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 New Toronto
- •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
New Toronto 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.
53 Twenty First 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 $999/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 27 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.
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.
About New Toronto
I know New Toronto 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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.