$715,000 - 150 East Liberty Street Unit 1905, Downtown Toronto
Condo for Sale in Downtown Toronto
132 days on market- MLS Number
- C12820130
- Property Type
- Condo
- Status
- active
- Days on Site
- 132
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Welcome to an exceptional 2+1 bed south-east corner suite in the heart of Liberty Village, where light, scale, and iconic views converge. This breathtaking residence boasts soaring 9ft ceilings, dramatic floor-to-ceiling windows, striking exposed concrete columns, and unobstructed panoramic views of the CN Tower and Lake Ontario. An expansive, welcoming foyer functions beautifully as a den or home office and features a double closet for exceptional storage. The gourmet kitchen is both stylish and functional, showcasing granite countertops, a breakfast bar, full-sized stainless steel appliances, and abundant cabinetry.The open-concept living and dining area is wrapped in glass and framed by loft-style details, creating an impressive space ideal for entertaining or unwinding while enjoying the ever-changing skyline. The oversized primary retreat offers floor-to-ceiling windows, a generous walk-in closet, and a spa-inspired 3-piece ensuite. A sun-filled second bedroom is wonderfully versatile, is complemented by a full 4-piece spa bathroom just across the hall. Step outside to your oversized 112+ sqft private balcony, perched 19 storeys above the city, and take in truly spectacular, unobstructed views of the CN Tower and the lake, day or night. Complete with ensuite laundry, one parking space, and the rare bonus of two storage lockers. This stunning condo delivers elevated urban living at its finest.
Estimate your monthly payments for this property
Estimated Payment
$3,668.32/mo
Includes CMHC insurance ($19,949)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
150 East Liberty Street Unit 1905, Downtown Toronto / Waterfront
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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
Fair Market Value
At $1021/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 132 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 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.
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.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,979 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.