311-49 East Liberty Street, Toronto, ON

Niagara, Toronto · MLS® C13575174

$639,900
For Sale
Just listed today
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2Bedrooms
2Bathrooms
0Parking
800-899Sq Ft

About this home

Welcome to Liberty Central 2 and the best of Liberty Village living. This bright, freshly painted 2-bedroom, 2-bathroom condo offers 867 sq. ft. of thoughtfully designed space (802 sq. ft. interior plus a 65 sq. ft. balcony), featuring south-facing views and east-facing views of the CN Tower and Fort York. The sun-filled open-concept layout showcases a premium builder-upgraded package with upgraded flooring, kitchen and bathroom finishes, frameless glass shower, glass closet doors, and an upgraded front-load washer. Floor-to-ceiling windows fill the home with natural light, while the private balcony offers the perfect setting for morning coffee and evening relaxation. Exceptional amenities include a 24-hour concierge, outdoor pool, jacuzzi, fitness centre, sauna, party and meeting rooms, library, guest suites, and visitor parking. Steps to Liberty Park, the waterfront, Altea Active, Metro, cafes, restaurants, TTC, GO Transit, and the future Ontario Line.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13575174
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
East Liberty St & Strachan Ave
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$579/mo
Exposure
South
Property tax
$3,606 / 2026
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Living RoomFlat5.21 × 4.90 m

combined w/dining · laminate · w/o to balcony

KitchenFlat3.05 × 1.20 m

combined w/living · quartz counter · ceramic backsplash

Dining RoomFlat5.21 × 4.90 m

combined w/living · laminate · south view

Primary BedroomFlat3.20 × 2.97 m

laminate · 4 pc ensuite · closet

Bedroom 2Flat2.54 × 2.51 m

laminate · sw view · closet

Moe’s TakeTeam Asgarian · Broker
Below comparables
$719Kest. value

Listed at $639,900, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $746K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $750K
  • Adjusts to $750K

That comparable adjusts to $750K; the $719K estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Strachan Ave at East Liberty St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$640KGreat deal$764KOverpriced

Total price vs nearby homes. Fair value about $719K, median of 16 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Niagara · asking prices
$614kavg asking

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

407-150 East Liberty Street$639k801-700 King Street$645k2211-51 East Liberty Street$600k607-85 East Liberty Street$599k308-65 East Liberty Street$589k

The 5 closest of 8 active listings nearby.

See all comparable homes
640kThis home639k645k600k599k589kThis home vs active comparables
Live market pulseActive comparables in Niagara · median list $600K
$753this home / sqft
55active listings nearby

This home lists 12% below the area average of $859/sqft.

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.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Strachan Ave at East Liberty St, about 81 m away

20+ transit stops15 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Waterfront Communities C1
$672K
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K
Annex
$1.57M
Mimico
$800K

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 · 0.6 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$2,916/mo
$135KIncome needed
4.7×Price ÷ income
$673Weekly 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.

77%mortgage
Mortgage $2,916Property tax $301Condo fee $579Total carry $3,796

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,732per month

Mortgage amount $511,920 · 4.14% over 25 years

$127,980Down payment (20.0%)
$511,920Loan before insurance
$0CMHC premium
$3,611Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,732
Property tax
$301
Condo / maintenance fees
$579
Heating
$0
Estimated monthly cost
$3,611

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

One-time closing costs

Ontario land transfer tax
$9,273
Toronto municipal land transfer tax
$9,273
Estimated closing costs
$18,546

Plus your down payment of $127,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,318/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

$307,619Total interest paid
$819,539Total of all payments
Principal $511,920 Interest $307,619
YearPrincipalInterestBalance
1$11,993$20,789$499,927
2$12,494$20,287$487,433
3$13,017$19,765$474,417
4$13,561$19,220$460,855
5$14,128$18,653$446,727
6$14,719$18,062$432,007
7$15,335$17,446$416,672
8$15,977$16,805$400,696
9$16,645$16,137$384,051
10$17,341$15,440$366,710
11$18,066$14,715$348,643
12$18,822$13,959$329,821
13$19,609$13,172$310,212
14$20,430$12,352$289,782
15$21,284$11,497$268,498
16$22,175$10,607$246,323
17$23,102$9,680$223,221
18$24,068$8,713$199,153
19$25,075$7,706$174,078
20$26,124$6,658$147,954
21$27,217$5,565$120,737
22$28,355$4,426$92,382
23$29,541$3,240$62,841
24$30,777$2,005$32,064
25$32,064$717$0

At the end of your 5-year term

Total paid over the term
$163,908
Principal paid down
$65,193
Interest paid
$98,715
Balance remaining
$446,727

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$2,700/mo
$32,400Gross annual rent
2.8%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.

5.1%
Gross yield
− Property tax $3,606− Condo fees $6,944− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,686

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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