1001-55 East Liberty Street, Toronto, ON

Niagara, Toronto · MLS® C13496566

$541,888
For Sale
Listed 27 days ago
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1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Bliss Condos at 55 East Liberty delivers the perfect first step into home ownership. This renovated 1 bedroom, 1 bathroom suite is fully turnkey, just move in and enjoy modern finishes, an efficient layout and a bright, comfortable living space designed for everyday ease. Located in the heart of Liberty Village, you are surrounded by everything a young professional needs: cafes, restaurants, grocery stores, fitness studios and lively patios all within walking distance. Commuting is effortless with TTC, GO Transit and highway access nearby, while the waterfront and parks offer a quick escape from the city buzz. Ideal for first time buyers looking for lifestyle, location and convenience in one of Toronto's most vibrant neighbourhoods.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13496566
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
East Liberty St/Strachan Ave
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Maintenance
$518/mo
Exposure
West
Property tax
$2,279 / 2026
Days on market
27
Listing brokerage
RE/MAX EXPERTS

Rooms

BedroomFlat3.65 × 2.92 m
KitchenFlat2.83 × 2.31 m
Living RoomFlat3.90 × 3.35 m
Our TakeTeam Asgarian · Broker
In line
$523Kest. value

Listed at $541,888, and my independent estimate is right in line with comparable homes.

In Niagara lately, sellers get about 96% of asking; homes sell in ~42 days.

List price
$499KGreat deal$570KOverpriced

Total price vs nearby homes. Fair value about $523K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $489K, a close match.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Niagara Street Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Niagara · asking prices
$530kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

703-30 Ordnance Street$538k1103-20 Bruyeres Mews$535k715-55 East Liberty Street$535k1809-49 East Liberty Street$520k833-38 Grand Magazine Street$520k

The 5 closest of 8 active listings nearby.

See all comparable homes
542kThis home538k535k535k520k520kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $565K
$986this home / sqft
51active listings nearby
27days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 14% above the area average of $865/sqft.

26 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Niagara, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$574K
Moss Park
$1.02M
Church-Yonge Corridor
$605K
Bay Street Corridor
$556K
Waterfront Communities C8
$621K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.7 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$2,470/mo
$113KIncome needed
4.8×Price ÷ income
$570Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $2,470Property tax $190Condo fee $518Total carry $3,178

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,313per month

Mortgage amount $433,510 · 4.14% over 25 years

$108,378Down payment (20.0%)
$433,510Loan before insurance
$0CMHC premium
$3,021Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,313
Property tax
$190
Condo / maintenance fees
$518
Heating
$0
Estimated monthly cost
$3,021

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$7,313
Toronto municipal land transfer tax
$7,313
Estimated closing costs
$14,626

Plus your down payment of $108,378. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,810/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$260,501Total interest paid
$694,012Total of all payments
Principal $433,510 Interest $260,501
YearPrincipalInterestBalance
1$10,156$17,605$423,355
2$10,580$17,180$412,774
3$11,023$16,737$401,751
4$11,484$16,276$390,267
5$11,964$15,796$378,303
6$12,465$15,296$365,838
7$12,986$14,774$352,852
8$13,529$14,231$339,322
9$14,095$13,665$325,227
10$14,685$13,075$310,542
11$15,299$12,461$295,242
12$15,939$11,821$279,303
13$16,606$11,155$262,697
14$17,301$10,460$245,397
15$18,024$9,736$227,373
16$18,778$8,982$208,595
17$19,564$8,197$189,031
18$20,382$7,379$168,649
19$21,234$6,526$147,415
20$22,123$5,638$125,292
21$23,048$4,713$102,244
22$24,012$3,748$78,232
23$25,016$2,744$53,216
24$26,063$1,698$27,153
25$27,153$607$0

At the end of your 5-year term

Total paid over the term
$138,802
Principal paid down
$55,208
Interest paid
$83,595
Balance remaining
$378,303

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $2,279− Condo fees $6,220− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,057

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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