$649,000 - 150 East Liberty Street Unit 506, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
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- MLS Number
- C13799166
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,031
- Maintenance Fees
- $708/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL ESTATE HOMEWARD
Welcome to this stylish and thoughtfully designed 2+1 bedroom, 2-bathroom residence in the heart of Liberty Village. Offering 745 sq. ft. of well-planned interior living space, complemented by a spacious balcony, this inviting suite delivers an exceptional blend of comfort, flexibility, and urban style. The spacious layout features two generously sized bedrooms, two full bathrooms, and a versatile den that can easily accommodate a home office, a reading nook, or additional living space. The thoughtful floor plan offers excellent separation between rooms, creating a wonderful sense of privacy while providing plenty of space for both everyday living and entertaining. A true highlight is the spacious balcony - an ideal outdoor extension of the living space and a perfect spot for morning coffee, evening cocktails, or simply enjoying the energy of the neighbourhood. A generously sized locker is conveniently located on the same floor, and the exceptionally well-positioned parking space is just steps from the elevators, adding an extra level of everyday convenience. Residents also enjoy an impressive collection of building amenities, highlighted by a spectacular rooftop deck and terrace offering panoramic city views. Whether entertaining friends, unwinding at the end of the day, or taking in the Toronto skyline, this offers amenities that truly elevate your lifestyle. And then there is the location. Set in one of Toronto's most vibrant neighbourhoods, you are steps from the TTC and surrounded by an outstanding selection of restaurants, cafés, shops, parks, and entertainment. The new King West bridge brings streetcar access even closer, while convenient connections to downtown and major highways make getting around the city effortless. Stylish, versatile, and exceptionally well-positioned, this is an opportunity to enjoy the best of Liberty Village - with the space, amenities, and convenience to make city living feel remarkably easy.
Estimate your monthly payments for this property
Estimated Payment
$3,329.71/mo
Includes CMHC insurance ($18,107)
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 Niagara
Niagara 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 Niagara
- •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
Niagara 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 506, 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 $927/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.
Market Position
At 20 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. The $708/month fees should cover building insurance, common elements, and reserve contributions.
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.
About Niagara
I know Niagara 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.