$799,000 - 85 East Liberty Street Unit 701, Downtown Toronto
Condo for Sale in Downtown Toronto
49 days on marketNeighbourhood: Niagara
- MLS Number
- C13526184
- Property Type
- Condo
- Status
- active
- Days on Site
- 49
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
At Liberty Lakeview Towers, Suite 701 offers 1,044sqft of highly functional living space in the heart of Liberty Village, with two bedrooms, a dedicated den, two full bathrooms, parking and a storage locker.The spacious, well-planned layout features an open-concept living and dining area and a kitchen with granite counters, stainless steel appliances, ample cabinetry and a large breakfast bar. The living area opens onto a private west-facing balcony, bringing warm afternoon and evening light into the suite.The dedicated den is ideally suited as a home office, study or flexible bonus area. Both bedrooms offer comfortable proportions, while two full four-piece bathrooms provide added practicality for couples, families, guests and those working from home.The parking space is conveniently located close to the elevator. Residents enjoy an extensive collection of building amenities, including an indoor pool, fitness centre, golf simulator, bowling alley, movie theatre, children's playroom, guest suites, rooftop and third-floor party rooms, visitor parking and 24-hour concierge.Steps from Liberty Village restaurants, cafés, shops, parks and transit, with convenient access to the waterfront and downtown.A spacious, move-in-ready alternative to the smaller two-bedroom suites commonly found throughout Liberty Village.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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 701, 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 $799/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.
Negotiation Opportunity
At 49 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 $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.