$599,000 - 85 East Liberty Street Unit 607, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Niagara
- MLS Number
- C13475762
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
Rare Find - Ultra-Spacious, Freshly Painted 721 SqFt 1+Den with 2 Full Baths & Enclosed Den!Welcome to your pristine, turn-key sanctuary at 85 East Liberty St! Boasting an exceptionally rare, larger-than-average 721 SqFt floor plan, brand-new stainless steel appliances (fridge, stove, dishwasher), and a freshly painted palette throughout, this beautifully maintained home is completely move-in ready. This suite delivers the ultimate modern layout featuring a Rare Two-Full-Bathroom configuration-perfect for professionals, couples, or roommates.Be inspired by the seamless flow and expansive floor-to-ceiling windows that flood the principal rooms with natural light. The sparkling kitchen features premium granite countertops, extensive cabinetry for optimal storage, a versatile breakfast bar, and pristine appliances.The primary bedroom features massive windows, creating a bright and airy retreat. The standout feature is the oversized, fully enclosed Den equipped with a proper door + A Double closet. This versatile space offers total privacy and can easily function as a second bedroom, a child's nursery, a premier home office, or a comfortable space for a condo-mate. Step out onto your covered private balcony to relax and enjoy the distinct energy of the community below. Resort-Style Amenities: Full access to the "Courtyard Club" podium, boasting a heated indoor pool, hot tub, steam room, fitness center, yoga studio, party rooms, private movie theatre, golf simulator, and retro bowling alleys!The Ultimate Location: Steps to Metro, LCBO, GoodLife, Altea Active, trendy cafes, King West dining, Trinity Bellwoods, Exhibition GO, and the TTC. An absolute must-see!
Estimate your monthly payments for this property
Estimated Payment
$3,073.18/mo
Includes CMHC insurance ($16,712)
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.
85 East Liberty Street Unit 607, 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 $856/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 15 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. We'll want to verify the monthly fees and what they include.
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 $2,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.