$868,000 - 55 East Liberty Street Unit 1804, Downtown Toronto
Condo for Sale in Downtown Toronto
47 days on marketNeighbourhood: Niagara
- MLS Number
- C13538300
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/REALTY ONE LTD.
Welcome to Bliss Condominiums, situated in the heart of Liberty Village. This rarely offered, high-floor residence combines style, comfort, and functionality with a spacious 1,008 sq. ft. floor plan featuring 2-bedrooms, an oversized 110 sq. ft. den and 2-ensuite bathrooms. Thoughtfully designed for modern living, the suite showcases soaring 9-foot ceilings, wall-to-wall windows and a desirable split-bedroom layout that offers both privacy and effortless flow for both everyday living and entertaining. Large open-concept living and dining area extends seamlessly to a private balcony with East, North and South views, creating the perfect space to relax. Functional kitchen is appointed with an oversized breakfast bar, granite countertops, stainless steel appliances, and ample storage. Spacious primary retreat features a walk-in closet and private 3-piece ensuite with wall-to-wall shower. Generously sized second bedroom includes a large double closet and its own4-piece ensuite, providing comfort and convenience for family or guests. A standout feature is the separate room oversized den that offers exceptional flexibility as a creative space - home office, formal dining room or 3rd bedroom. Broadloom-free throughout. One underground parking space is included. Residents enjoy an impressive collection of resort-inspired amenities, including a 24-hour concierge, indoor pool, sauna, fitness centre, party, meeting and media rooms, outdoor terrace with BBQs, guest suite, visitor parking, car wash and on-site management. Conveniently situated with all amenities at your doorstep. This walkable, bike-friendly, and pet-friendly community offers an incredible selection of shops, cafés, restaurants, grocery stores, parks, lakefront trails, and convenient transit, including quick access to the QEW. This is an exceptional opportunity to own a spacious, comfortable home in one of the city's most dynamic neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,453.29/mo
Includes CMHC insurance ($24,217)
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.
55 East Liberty Street Unit 1804, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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 $868/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 47 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.
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.
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 $3,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.