57 O'Donnell Avenue, Toronto W06

Price: $1,149,999

5 bedrooms, 3 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: W14108958

Beautiful 3+2 Bedroom Home in Desirable Mimico! This spacious home features 3 bedrooms on the main floor plus 2 additional bedrooms in the finished basement with a separate entrance, renovated kitchen, and a versatile in-law suite layout. Enjoy a private driveway, double detached garage, and a 35 x 135 ft lot. Recent updates include garage doors (2024), furnace and A/C (2016), roof (2015), newer windows, enclosed front porch, fresh interior painting, and exterior painting in 2026. Main-floor stove and both dishwashers replaced in June 2026.A significant drainage improvements featuring a backwater valve. Conveniently located near Mimico GO Station, TTC, QEW, Gardiner Expressway, SanRemo Bakery, John English Junior Middle School, Costco, No Frills, Sherway Gardens, shopping, and restaurants. A wonderful opportunity to enjoy the best of Mimico living!

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active
New Listing

$1,149,999 - 57 O'Donnell Avenue, Liberty Village

Detached for Sale in Liberty Village

New — Listed today

Neighbourhood: Mimico

5Beds
3Baths
700 - 1,099Sq Ft
Detached

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Property Details
MLS Number
W14108958
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
5
Bathrooms
3
Square Feet
700 - 1,099 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2025)
$5,520
Listing Brokerage
CITYSCAPE REAL ESTATE LTD.
Description

Beautiful 3+2 Bedroom Home in Desirable Mimico! This spacious home features 3 bedrooms on the main floor plus 2 additional bedrooms in the finished basement with a separate entrance, renovated kitchen, and a versatile in-law suite layout. Enjoy a private driveway, double detached garage, and a 35 x 135 ft lot. Recent updates include garage doors (2024), furnace and A/C (2016), roof (2015), newer windows, enclosed front porch, fresh interior painting, and exterior painting in 2026. Main-floor stove and both dishwashers replaced in June 2026.A significant drainage improvements featuring a backwater valve. Conveniently located near Mimico GO Station, TTC, QEW, Gardiner Expressway, SanRemo Bakery, John English Junior Middle School, Costco, No Frills, Sherway Gardens, shopping, and restaurants. A wonderful opportunity to enjoy the best of Mimico living!

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Estimated Payment

$5,086.83/mo

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5-yr fixed avg.

Principal: $919,999Interest: $606,051
Mortgage Amount$919,999
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,050

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: Mimico

Waterfront Revival

Mimico is a revitalised waterfront neighbourhood in south Etobicoke that has transformed from a quiet residential enclave into a dynamic lakeside community. New condominium developments along the lakeshore complement the area's established tree-lined streets and village character. The Mimico GO Station and TTC streetcar provide strong transit options, while the waterfront trail offers scenic recreation.

Why Live in Mimico

  • •Lake Ontario waterfront access and trail
  • •Revitalised village atmosphere with new development
  • •Mimico GO Station for fast downtown commuting
  • •Mix of new condominiums and character homes
  • •Growing restaurant and retail scene

Nearby Schools

Lakeshore Collegiate InstitutePublic High School
Bishop Allen AcademyCatholic High School
John English Junior Middle SchoolPublic Middle School
George R. Gauld Junior SchoolPublic Elementary

Transit & Commuting

  • •Mimico GO Station on the Lakeshore West line
  • •TTC 501 Queen streetcar
  • •Lakeshore West GO line to Union Station
  • •Easy access to Gardiner Expressway

Parks & Amenities

  • •Humber Bay Park
  • •Mimico waterfront trail
  • •Amos Waites Park
  • •Mimico Centennial Library
  • •Local shops along Royal York Road

Lifestyle & Community

Mimico offers a rejuvenated waterfront lifestyle with strong transit connections and a growing dining scene. Residents enjoy lakeside walks, waterfront cycling, and easy commuting to downtown Toronto.

78
Walk Score
$500K - $1.5M
Price Range

57 O'Donnell Avenue, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$2,545

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 $1643/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.

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 3 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.

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    57 O'Donnell Avenue | $1,149,999 | Battaglia Team