407-5 Hanna Avenue, Toronto, ON

Niagara, Toronto · MLS® C13771510

$1,079,000
For Sale
Listed 39 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to Liberty Market Lofts, one of Liberty Village's most sought after residences.
  • This exceptional 2 bedroom loft offers approximately 1,195 sq. ft. of impressive living space, soaring ceilings and a bright open concept design.
  • AAA tenants. current rent is $4650/month.

Welcome to Liberty Market Lofts, one of Liberty Village's most sought after residences! This exceptional 2 bedroom loft offers approximately 1,195 sq. ft. of impressive living space, soaring ceilings and a bright open concept design. The spacious living and dining areas showcase upgraded flooring and open onto a private south facing balcony with clear views, creating an ideal setting for relaxing or entertaining. The upgraded modern kitchen features built in appliances, stylish finishes, ample cabinetry and a large centre island. Upgraded stairs add to the home's contemporary loft character. Both generously sized bedrooms offer excellent storage and convenient semi ensuite access. The primary bedroom features his and hers closets, while the second bedroom includes a double closet. Additional features include ensuite laundry, one owned underground parking space and one owned locker. Residents enjoy concierge and security services, a fitness centre, party and meeting room, guest suites, visitor parking and a WiFi business centre. Perfectly situated steps from parks, transit, shops, restaurants and everything Liberty Village has to offer. Spacious lofts of this size and calibre are rarely available in this highly desirable building. An outstanding opportunity in one of Toronto's most vibrant neighbourhoods! Tenants willing to stay. AAA tenants. current rent is $4650/month. Pics are from when it was listed previously.

Key facts

Property type
Condo Apartment, Loft
MLS®
C13771510
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Liberty & Hanna
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$881/mo
Exposure
South
Property tax
$4,700 / 2026
Days on market
39
Listing brokerage
RE/MAX REAL ESTATE CENTRE INC.

Rooms

Primary BedroomSecond3.38 × 3.06 m

his and hers closets · semi ensuite

KitchenMain4.80 × 4.72 m

b/i appliances · centre island · hardwood floor

Bedroom 2Second2.74 × 2.92 m

double closet · semi ensuite

Living RoomMain4.80 × 5.18 m

cathedral ceiling(s) · w/o to balcony · hardwood floor

Dining RoomMain4.80 × 4.72 m

combined w/kitchen · open concept · hardwood floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

Its public catchment (Parkdale Collegiate Institute) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

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.

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 Parkdale Collegiate Institute
74%
Parkdale Collegiate InstitutePublic · Secondary · 1.4 km awayAround the GTA average · 74% meet the provincial standard
Dr Rita Cox - Kina Minagok Public SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Msgr Fraser College (Southwest) · Catholic secondary1.0 km
Givins/Shaw Junior Public School · Public elementary1.0 km · 81% at standard
Niagara Street Junior Public School · Public elementary1.1 km · 82% at standard
The Grove Community School · Public elementary1.2 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.2 km · 73% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary1.3 km · 56% at standard
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
St Mary Catholic School · Catholic elementary1.4 km · 64% at standard
St Ambrose Catholic School · Catholic elementary1.6 km · 85% at standard
Pope Francis Catholic School · Catholic elementary1.6 km · 67% at standard
Parkdale Junior and Senior Public School · Public elementary1.6 km · 51% at standard
City School · Public secondary1.7 km · 58% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$4,918/mo
$219KIncome needed
4.9×Price ÷ income
$1,135Weekly cost
$36,110Land transfer tax, one-time (Ontario + Toronto)
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.

79%mortgage
Mortgage $4,918Property tax $392Condo fee $881Total carry $6,191

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,773per month

Mortgage amount $863,200 · 4.49% over 25 years

$215,800Down payment (20.0%)
$863,200Loan before insurance
$0CMHC premium
$6,045Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,773
Property tax
$392
Condo / maintenance fees
$881
Heating
$0
Estimated monthly cost
$6,045

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

One-time closing costs

Ontario land transfer tax
$18,055
Toronto municipal land transfer tax
$18,055
Estimated closing costs
$36,110

Plus your down payment of $215,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,777/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

$568,634Total interest paid
$1,431,834Total of all payments
Principal $863,200 Interest $568,634
YearPrincipalInterestBalance
1$19,263$38,010$843,937
2$20,138$37,136$823,799
3$21,052$36,221$802,748
4$22,008$35,266$780,740
5$23,007$34,266$757,733
6$24,052$33,222$733,681
7$25,144$32,130$708,538
8$26,285$30,988$682,252
9$27,479$29,795$654,774
10$28,726$28,547$626,047
11$30,031$27,243$596,017
12$31,394$25,879$564,623
13$32,820$24,454$531,803
14$34,310$22,964$497,493
15$35,867$21,406$461,626
16$37,496$19,777$424,130
17$39,198$18,075$384,931
18$40,978$16,295$343,953
19$42,839$14,435$301,114
20$44,784$12,489$256,330
21$46,817$10,456$209,513
22$48,943$8,330$160,570
23$51,165$6,108$109,405
24$53,488$3,785$55,917
25$55,917$1,357$0

At the end of your 5-year term

Total paid over the term
$286,367
Principal paid down
$105,467
Interest paid
$180,900
Balance remaining
$757,733

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$3,400/mo
$40,800Gross annual rent
1.9%Cap rate after taxes and upkeep

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 $4,700− Condo fees $10,576− Insurance $600− Vacancy & upkeep $4,488Net operating income $20,436

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

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