$599,000 - 85 East Liberty Street Unit 720, Downtown Toronto
Condo for Sale in Downtown Toronto
Popular Listing- MLS Number
- C13236416
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to 85 East Liberty Street, where exceptional west-facing views offer rare privacy in the heart of Liberty Village, with no direct building overlooking you. Enjoy breathtaking, unobstructed sunsets with panoramic views of the Toronto skyline, Lake Ontario, and BMO Field. This spacious 1-bedroom plus den, 2-bathroom suite offers approximately 750 square feet of well-designed living space. The versatile den can easily be converted into a second bedroom, providing flexibility for families, guests, or a dedicated home office. The unit features a full kitchen with full-size appliances, allowing for comfortable everyday living. Residents benefit from parking and locker, dog-friendly policies, BBQ allowed on the balcony, 24-hour concierge and security, ample visitor parking, and exceptional resort-style amenities including: an indoor pool, fully equipped fitness centre, party and games rooms, rooftop terrace, billiards room, theatre room, golf simulator, bowling alley, guest suites, and more. Ideally located steps from BMO Field, residents can take full advantage of upcoming major events, including the World Cup, and enjoy unmatched views of the airshow from the building's rooftop patio. With the future Ontario Line station set to connect Liberty Village directly to the downtown Financial District, this location is positioned for enhanced convenience and long-term value appreciation, offering seamless access across the city. Beyond the building, Liberty Village offers a vibrant, community-focused lifestyle with parks, waterfront trails, fitness studios, cafes, and everyday conveniences just steps away. You are also minutes from the dining, nightlife, and creative energy of Ossington Avenue and Queen Street West, two of Toronto's most sought-after neighbourhoods for restaurants, shopping, and entertainment. A rare opportunity to own a bright, functional suite in one of Toronto's most dynamic and connected communities.
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 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.
85 East Liberty Street Unit 720, 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.
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.
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.
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.