51 East Liberty Street Unit 1904, Toronto C01

Price: $685,900

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: C13861854

This bright corner suite at Liberty Central By The Lake offers windows on two sides, abundant natural light and open park and city views extending toward Lake Ontario. The 2-bedroom + den, 2-bathroom Carson layout features approximately 786 sq. ft. plus a spacious balcony, with 9-foot ceilings and a corner position beside a stairwell, offering enhanced privacy and added separation from neighbouring suites. The bedrooms sit at opposite ends of the condo with no shared wall between them, providing added privacy for you and your guests. An open-concept kitchen with stainless steel appliances flows into the combined living and dining area, with a walkout to the balcony for morning coffee or evening drinks above the city. The primary bedroom comfortably accommodates a queen-sized bed and features a walk-in closet and private 3-piece ensuite with a shower. A separate 4-piece bathroom with a bathtub/shower combination is conveniently located near the second bedroom. An open den provides a practical work-from-home space without sacrificing a bedroom. In-suite laundry adds convenience. Includes a conveniently located parking space on P1, the first parking level, plus a locker. Building amenities include a 24-hour concierge, outdoor pool, hot tub, fully equipped fitness centre, sauna, party/meeting room, media room, fifth-floor terrace, guest suites and visitor parking. Walk to Liberty Village cafés, restaurants, shops, parks and everyday essentials, including Metro, Longo's and LCBO. Close to Altea Active, King Street West, the waterfront and Exhibition Place, with convenient access to the King streetcar, Exhibition GO, TTC bus routes and the Gardiner Expressway.

51 East Liberty Street Unit 1904 - Condo photo 1 of 24 in Downtown Toronto / Waterfront, Ontario
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active
New Listing

$685,900 - 51 East Liberty Street Unit 1904, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 2 days ago

Neighbourhood: Niagara

3Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
C13861854
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2026)
$3,791
Maintenance Fees
$563/mo
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

This bright corner suite at Liberty Central By The Lake offers windows on two sides, abundant natural light and open park and city views extending toward Lake Ontario. The 2-bedroom + den, 2-bathroom Carson layout features approximately 786 sq. ft. plus a spacious balcony, with 9-foot ceilings and a corner position beside a stairwell, offering enhanced privacy and added separation from neighbouring suites. The bedrooms sit at opposite ends of the condo with no shared wall between them, providing added privacy for you and your guests. An open-concept kitchen with stainless steel appliances flows into the combined living and dining area, with a walkout to the balcony for morning coffee or evening drinks above the city. The primary bedroom comfortably accommodates a queen-sized bed and features a walk-in closet and private 3-piece ensuite with a shower. A separate 4-piece bathroom with a bathtub/shower combination is conveniently located near the second bedroom. An open den provides a practical work-from-home space without sacrificing a bedroom. In-suite laundry adds convenience. Includes a conveniently located parking space on P1, the first parking level, plus a locker. Building amenities include a 24-hour concierge, outdoor pool, hot tub, fully equipped fitness centre, sauna, party/meeting room, media room, fifth-floor terrace, guest suites and visitor parking. Walk to Liberty Village cafés, restaurants, shops, parks and everyday essentials, including Metro, Longo's and LCBO. Close to Altea Active, King Street West, the waterfront and Exhibition Place, with convenient access to the King streetcar, Exhibition GO, TTC bus routes and the Gardiner Expressway.

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Estimate your monthly payments for this property

Estimated Payment

$3,519.02/mo

Includes CMHC insurance ($19,137)

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5%10%50%

5-yr fixed avg.

Principal: $617,310Interest: $419,260
Mortgage Amount$636,447
Total Interest$419,260
Est. Property Tax$486/mo
Total Cost$1,055,707

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: Niagara

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

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

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.

70
Walk Score
Varies
Price Range

51 East Liberty Street Unit 1904, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$563
Property Tax (est.)-$486
Insurance (est.)-$143
Net Cash Flow+$1,408

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

Fair Market Value

At $980/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto'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.

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 $563/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.

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    51 East Liberty Street Unit 1904 | $685,900 | Battaglia Team