$2,600,000 - 70 Lake Shore Drive, Liberty Village
Detached for Sale in Liberty Village
Neighbourhood: New Toronto
- MLS Number
- W13603696
- Property Type
- Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 3
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Liberty Village / Parkdale / South Parkdale
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Unobstructed lake views. An irreplaceable location. Timeless character. Modern living. Welcome to this exceptional waterfront home, perfectly positioned directly across from Cliff Lumsdon Park in one of South Etobicoke's most sought-after neighbourhoods. Thoughtfully renovated and expanded with a stunning second-floor addition, this one-of-a-kind residence blends original craftsmanship with today's modern lifestyle. Wake up to breathtaking lake views from the luxurious primary retreat, while the living and dining rooms also capture spectacular views of Lake Ontario. The beautifully renovated chef's kitchen, complete with a separate butler's pantry, is designed for everyday living and effortless entertaining. Original wood detailing has been lovingly preserved, complementing the home's modern updates, while a rare main floor powder room adds everyday convenience. The finished lower level features a spacious recreation room, wet bar, separate entrance and excellent in-law or multi-generational living potential. Outside, enjoy beautifully landscaped grounds, a rare private driveway and the hard-to-find double car garage-an exceptional feature in this neighbourhood. Step outside to waterfront parks, miles of walking and cycling trails, and the beauty of Lake Ontario just beyond your front door. Some homes can be renovated. A location like this can never be recreated.
Estimate your monthly payments for this property
Estimated Payment
$11,500.68/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 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.
70 Lake Shore Drive, Liberty Village / Parkdale / South Parkdale
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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
Premium Pricing
At $1300/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 30 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.
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.
Bathroom Count Matters
With 4 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.
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.