$749,000 - 43 Hanna Avenue Unit 401, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
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- MLS Number
- C13763662
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $3,669
- Maintenance Fees
- $517/mo
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
An extraordinary blend of industrial heritage and contemporary luxury, this soft loft offers an uncompromised lifestyle in the absolute heart of Liberty Village. Defined by sweeping proportions, expansive glass, and an effortless floor plan, this high-design sanctuary delivers the perfect architectural canvas for dynamic urban living.Step into an airy, light-drenched layout characterized by dramatic high ceilings, warm exposed concrete accents, and gleaming hardwood floors throughout. The generous open-concept principal room flows seamlessly from living to dining, bathed in rich natural light filtering through oversized floor-to-ceiling factory-style windows. Designed for both high-impact entertaining and refined day-to-day living, the space easily accommodates a full dining ensemble, a generous modular lounge, and a dedicated executive workspace for effortless work-from-home days.At the heart of the the chef-inspired kitchen pairs streamlined modern cabinetry with sleek stone countertops, a full suite of full-sized stainless steel appliances, and a substantial island with breakfast bar seating-the natural gathering point for evening cocktails or morning espresso.The calm, spacious primary bedroom suite serves as a quiet retreat, easily fitting a king-sized bed alongside ample nightstands. Outfitted with custom fitted closets, organization is clean and unobtrusive. The crisp, spa-calibre bathroom features contemporary floating vanities, premium matte fixtures, and an inviting deep soak tub/shower enclosure wrapped in tailored tile work.Beyond your front door, 43 Hanna stands as one of Liberty Village's most sought-after boutique addresses, praised for its tight-knit sense of community and premium building management. Elevated, authentic, and impeccably situated-this is modern city living refined.
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
43 Hanna Avenue Unit 401, 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 $936/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 28 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 $517/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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 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.
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 $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.