$495,000 - 150 East Liberty Street Unit 1605, Downtown Toronto
Condo for Sale in Downtown Toronto
46 days on market- MLS Number
- C13064812
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/FUTURE REALTY INC.
Price To Sale! Welcome To This Elegant Corner Unit With The Lake Ontario View In The Heart Of Downtown Toronto Liberty Village A Great Invest Opportunity & Suitable For Working Professionals! AAA Tenant Is Paying $2600 Plus The Applicable Utilities. This Modern & Wonderful Layout Suite Includes 9ft Ceiling, Newly Installed Vinyl Flooring Throughout, Open Concept Modern Kitchen, S/S Appliances, Quartz Counter, Kitchen Island, Modern Light Fixtures, Large Balcony W/Lake View, One 4 Piece Spacious Full Washroom. Great Amenities Includes Concierge, Gym, Yoga Studio, Sauna, Internet Lounge, Party & Games Room, Guest Suites, BBQ Area. Walk To The Liberty Village Market, Restaurants, Grocery, Lake Ontario Waterfront. Minutes To The Gardener Express Way, Go & TTC Transits, BMO Field, Enercare Centre, Beanfield Centre, Rogers Centre, CN Tower, Walk Score 95, Transit Score 92, Bike Score 88 & Many More! Why Pay Rent! And A Great Invest Opportunity! The Unit Is Rented And The Pictures In The Listing Used Previously Taken By The Professional Photographer. The Walk Score Is 95, Transit Is Score 92 And The Bike Score Is 88.
Estimate your monthly payments for this property
Estimated Payment
$2,539.61/mo
Includes CMHC insurance ($13,811)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
150 East Liberty Street Unit 1605, 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
Fair Market Value
At $825/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 46 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.
Efficient Living
At 600 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.