$560,000 - 51 East Liberty Street Unit 202, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 6 days agoNeighbourhood: Niagara
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- MLS Number
- C13848758
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $3,407
- Maintenance Fees
- $554/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Incredible Value in Liberty Village! Discover exceptional living in this expansive 1-bedroom + open den, 2-bathroom suite at 51 East Liberty St, blending Scandinavian-inspired design with modern functionality. Boasting 771sqft of contemporary living space, this residence comes complete with parking, a locker (P2), and easy outdoor access from the 2nd floor. Step inside to find soaring 9'8" ceilings in both the living room and bedroom, enhancing the airy, open feel. The modern kitchen impresses with granite countertops, tiled backsplash, stainless steel appliances, and ample cabinetry perfect for any home chef. The primary bedroom features a 3-piece ensuite and a double mirrored closet, while a separate 2-piece powder room adds convenience. The expansive living and dining area offers plenty of room for entertaining or relaxing, with space for a full 6-seat dining table and a dedicated work/study area. Throughout, blonde laminate flooring adds warmth and sophistication. Enjoy summer days by the outdoor pool, or take advantage of the well-equipped fitness centre. This is stylish Liberty Village living at its finest: bright, functional, and full of thoughtful details. Don't miss this rare opportunity to own one of the neighbourhoods best-value large 1-bedroom layouts! Plus, EV chargers recently installed in the building.
Estimate your monthly payments for this property
Estimated Payment
$2,873.09/mo
Includes CMHC insurance ($15,624)
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.
51 East Liberty Street Unit 202, 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
Competitive Pricing
At $800/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 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 $554/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.
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 $2,333 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.