53 Twenty Fourth Street, Toronto W06

Price: $888,888

4 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W13167732

Welcome to 53 Twenty Fourth St, a fantastic opportunity for investors or end-users seeking a versatile multi-unit property.This property features two self-contained units with separate entrances:Front Unit: Includes 2 bedrooms, 1 bathroom, and a full kitchen.Rear Unit (access from backyard): Includes 1 bedroom, 1 bathroom, and a kitchen.An excellent opportunity to live in one unit while generating rental income from the other, or to add a strong income-producing property to your investment portfolio.Conveniently located close to schools, parks, shopping, public transit, and major amenities.The seller and listing brokerage make no representations or warranties regarding the retrofit status or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements.

53 Twenty Fourth Street - Detached photo 1 of 29 in Liberty Village / Parkdale / South Parkdale, Ontario
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$888,888 - 53 Twenty Fourth Street, Liberty Village

Detached for Sale in Liberty Village

44 days on market

Neighbourhood: Long Branch

4Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
W13167732
Property Type
Detached
Status
active
Days on Site
44
Bedrooms
4
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Listing Brokerage
CEG REAL ESTATE INC.
Description

Welcome to 53 Twenty Fourth St, a fantastic opportunity for investors or end-users seeking a versatile multi-unit property.This property features two self-contained units with separate entrances:Front Unit: Includes 2 bedrooms, 1 bathroom, and a full kitchen.Rear Unit (access from backyard): Includes 1 bedroom, 1 bathroom, and a kitchen.An excellent opportunity to live in one unit while generating rental income from the other, or to add a strong income-producing property to your investment portfolio.Conveniently located close to schools, parks, shopping, public transit, and major amenities.The seller and listing brokerage make no representations or warranties regarding the retrofit status or legality of the units. Buyers and buyer's agents are responsible for conducting their own due diligence, including verifying all measurements.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,560.46/mo

Includes CMHC insurance ($24,800)

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5-yr fixed avg.

Principal: $799,999Interest: $543,338
Mortgage Amount$824,799
Total Interest$543,338
Est. Property Tax$630/mo
Total Cost$1,368,137

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: Long Branch

Historic Lakefront Character

Long Branch is a historic lakefront neighbourhood at the western edge of Etobicoke with roots dating back to the late 1800s as a summer resort community. Today it retains its charming village character with tree-lined streets, character homes, and direct Lake Ontario waterfront access. The area has seen thoughtful infill development while preserving its heritage appeal.

Why Live in Long Branch

  • Historic lakefront community since the 1800s
  • Charming village character with heritage homes
  • Direct Lake Ontario waterfront access
  • Long Branch GO Station and TTC streetcar
  • Marie Curtis Park at the neighbourhood's edge

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
Long Branch Public SchoolPublic Elementary
St. Ambrose Catholic SchoolCatholic Elementary

Transit & Commuting

  • Long Branch GO Station on the Lakeshore West line
  • TTC 501 Queen streetcar
  • TTC bus connections
  • Easy access to Gardiner Expressway

Parks & Amenities

  • Long Branch Park
  • Marie Curtis Park
  • Colonel Samuel Smith Park
  • Waterfront Trail
  • Long Branch village shops

Lifestyle & Community

Long Branch delivers historic lakefront charm with the practical benefits of strong transit connectivity. Residents enjoy beach access, heritage streetscapes, and the intimate feel of a lakeside village within Toronto.

72
Walk Score
$800K - $1.8M
Price Range

53 Twenty Fourth Street, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$630
Insurance (est.)-$185
Net Cash Flow+$2,385

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 $1270/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.

Market Position

At 44 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.

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 Long Branch

I know Long Branch 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 Twenty Fourth Street | $888,888 | Battaglia Team