785 Brown's Line Unit 1, Toronto W06

Price: $258,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13567192

Spacious 1-bedroom co-op apartment in a prime Alderwood location! This east-facing lower-level unit features large, above-grade windows, lots of natural light, and plenty of closet space. The suite needs some updating and offers an excellent opportunity to renovate, reimagine, and create a comfortable home tailored to your style. One outdoor parking space is included, and a coin-operated laundry room is conveniently located on the same level. Enjoy access to an outdoor pool, along with the convenience of the Farm Boy and Dollarama plaza next door, and easy access to Sherway Gardens, parks, the lake, Highway 427, Long Branch GO, and the Gardiner Expressway. Low monthly maintenance fees, which include property taxes, offer an attractive and affordable ownership opportunity. Owner-occupied only; rentals are not permitted. Buyer is subject to approval by the Board of Directors.

785 Brown's Line Unit 1 - Condo photo 1 of 25 in Liberty Village / Parkdale / South Parkdale, Ontario
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$258,000 - 785 Brown's Line Unit 1, Liberty Village

Condo for Sale in Liberty Village

39 days on market

Neighbourhood: Alderwood

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13567192
Property Type
Condo
Status
active
Days on Site
39
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Spacious 1-bedroom co-op apartment in a prime Alderwood location! This east-facing lower-level unit features large, above-grade windows, lots of natural light, and plenty of closet space. The suite needs some updating and offers an excellent opportunity to renovate, reimagine, and create a comfortable home tailored to your style. One outdoor parking space is included, and a coin-operated laundry room is conveniently located on the same level. Enjoy access to an outdoor pool, along with the convenience of the Farm Boy and Dollarama plaza next door, and easy access to Sherway Gardens, parks, the lake, Highway 427, Long Branch GO, and the Gardiner Expressway. Low monthly maintenance fees, which include property taxes, offer an attractive and affordable ownership opportunity. Owner-occupied only; rentals are not permitted. Buyer is subject to approval by the Board of Directors.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,323.67/mo

Includes CMHC insurance ($7,198)

$
$
5%10%50%

5-yr fixed avg.

Principal: $232,200Interest: $157,704
Mortgage Amount$239,398
Total Interest$157,704
Est. Property Tax$183/mo
Total Cost$397,102

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

785 Brown's Line Unit 1, Liberty Village / Parkdale / South Parkdale

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
5.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$183
Insurance (est.)-$54
Net Cash Flow+$1,173

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

Competitive Pricing

At $430/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 39 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    785 Brown's Line Unit 1 | $258,000 | Battaglia Team