94 Lake Crescent, Toronto W06

Price: $999,900

5 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: W14106988

Welcome to this custom-built two-storey home in Toronto's sought-after lakeside Long Branch neighbourhood, offering 4 bedrooms, 4 bathrooms and timeless craftsmanship in every detail. Thoughtful design and quality materials enhance the warmth and elegance found throughout. A modern smooth stone and stucco exterior leads into an open-concept main floor, where the bright living room with its large south-facing window flows into the dining room overlooking the front yard. The custom kitchen is a chef's dream, featuring high-end cabinetry, granite counters and a full Jenn-Air suite, including a 36" 6-burner professional gas range with wall-mount hood, a 42" built-in pro fridge and freezer, a built-in dishwasher and a drawer microwave. It opens to a sunny breakfast area overlooking the backyard, while the cozy family room offers a Napoleon gas fireplace, built-in shelving, a custom wall unit and a walk-out to the patio, perfect for family gatherings and entertaining. Upstairs, the spacious primary bedroom features a private ensuite and mirrored closet, joined by three additional bedrooms with hardwood floors and large windows, one with a walk-in closet. The lower-level den makes an ideal home office, and an LG smart front-load washer and dryer and an owned tankless water heater add everyday convenience. Enjoy a small-town feel just minutes from downtown, steps to Lake Ontario, waterfront trails, Marie Curtis Park and the shops and cafés along Lake Shore Blvd W, with Long Branch GO, TTC streetcar service and quick access to the QEW and Gardiner making commuting easy.

94 Lake Crescent - Detached photo 1 of 39 in Liberty Village / Parkdale / South Parkdale, Ontario
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active
New Listing

$999,900 - 94 Lake Crescent, Liberty Village

Detached for Sale in Liberty Village

New — Listed today

Neighbourhood: Mimico

5Beds
4Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
W14106988
Property Type
Detached
Status
active
Days on Site
0
Bedrooms
5
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Liberty Village / Parkdale / South Parkdale
Taxes (2025)
$7,073
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Description

Welcome to this custom-built two-storey home in Toronto's sought-after lakeside Long Branch neighbourhood, offering 4 bedrooms, 4 bathrooms and timeless craftsmanship in every detail. Thoughtful design and quality materials enhance the warmth and elegance found throughout. A modern smooth stone and stucco exterior leads into an open-concept main floor, where the bright living room with its large south-facing window flows into the dining room overlooking the front yard. The custom kitchen is a chef's dream, featuring high-end cabinetry, granite counters and a full Jenn-Air suite, including a 36" 6-burner professional gas range with wall-mount hood, a 42" built-in pro fridge and freezer, a built-in dishwasher and a drawer microwave. It opens to a sunny breakfast area overlooking the backyard, while the cozy family room offers a Napoleon gas fireplace, built-in shelving, a custom wall unit and a walk-out to the patio, perfect for family gatherings and entertaining. Upstairs, the spacious primary bedroom features a private ensuite and mirrored closet, joined by three additional bedrooms with hardwood floors and large windows, one with a walk-in closet. The lower-level den makes an ideal home office, and an LG smart front-load washer and dryer and an owned tankless water heater add everyday convenience. Enjoy a small-town feel just minutes from downtown, steps to Lake Ontario, waterfront trails, Marie Curtis Park and the shops and cafés along Lake Shore Blvd W, with Long Branch GO, TTC streetcar service and quick access to the QEW and Gardiner making commuting easy.

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Estimate your monthly payments for this property

Estimated Payment

$5,130.01/mo

Includes CMHC insurance ($27,897)

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5-yr fixed avg.

Principal: $899,910Interest: $611,194
Mortgage Amount$927,807
Total Interest$611,194
Est. Property Tax$708/mo
Total Cost$1,539,002

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

94 Lake Crescent, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,684

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 $667/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.

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.

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 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 Mimico

I know Mimico 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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    94 Lake Crescent | $999,900 | Battaglia Team