$2,999,999 - 150 East Liberty Street Unit PH2, Downtown Toronto
Condo for Sale in Downtown Toronto
50 days on market- MLS Number
- C13047682
- Property Type
- Condo
- Status
- active
- Days on Site
- 50
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
Welcome to a truly exceptional penthouse residence in the heart of Liberty Village. Spanning an impressive 2,694 square feet, this one-of-a-kind home is being offered for the first time by the original owner. Thoughtfully customized in collaboration with the builder, this residence delivers a rare opportunity to own a property of this caliber. Designed with entertaining in mind, the expansive open concept layout seamlessly blends the living, dining, breakfast, and chef's kitchen into one breathtaking space, featuring multiple walkouts to your private wraparound terrace with gas BBQ line. Floor to ceiling windows wrap the unit, showcasing spectacular 270 degree views to the North, South, and East. Enjoy uninterrupted vistas of Lake Ontario, the Toronto skyline, the CN Tower, Billy Bishop Airport, and BMO Field, home to upcoming FIFA World Cup matches. This luxurious penthouse features 2 plus 1 bedrooms and 3 beautifully appointed bathrooms. The primary suite is a private retreat, offering a spa inspired 5 piece ensuite with steam shower, three walk in closets, and direct access to the wraparound terrace. Wake up to iconic CN Tower views from the comfort of your own sanctuary. A spacious separate office provides the perfect work from home environment, while the second bedroom includes its own walk in closet and private 3 piece ensuite, ideal for guests or family. Additional highlights include two private entrances, two owned underground parking spaces, and two lockers conveniently located on the same floor. This is a rare offering that combines scale, customization, and iconic views in one unforgettable residence. A true showpiece for the most discerning buyer.
Estimate your monthly payments for this property
Estimated Payment
$13,270.01/mo
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 PH2, 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
Premium Pricing
At $1200/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 50 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $12,500 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.