617-5 Hanna Avenue, Toronto, ON

Niagara, Toronto · MLS® C13873332

$519,900
For Sale
Listed 12 days agoNo offer date stated
1Bedrooms
2Bathrooms
1Garage
500-599Sq ft

About this home

In short

  • This bright and spacious 1-bedroom, 2-bath suite with parking space at Liberty Market Lofts delivers all your favourite loft details, with soaring exposed concrete...
  • The open concept main floor layout makes the most of impressive ceiling height and natural light, while luxury vinyl wood floors add warmth throughout.
  • Upstairs, the primary bedroom is equipped with its own 4-piece ensuite and spacious closet, while second-floor laundry makes everyday living practical.

Loft living with style! This bright and spacious 1-bedroom, 2-bath suite with parking space at Liberty Market Lofts delivers all your favourite loft details, with soaring exposed concrete ceilings, dramatic 2-storey windows, and a private balcony. The open concept main floor layout makes the most of impressive ceiling height and natural light, while luxury vinyl wood floors add warmth throughout. The living and dining areas flow together seamlessly, with plenty of space for movie nights, dinner with friends, or a quiet night in. Floor-to-ceiling windows lead to a private, north-facing balcony, the perfect spot to unwind and enjoy a little fresh air. The modern kitchen features stone counters, built-in appliances, and tile backsplash, making meal prep a breeze. A main-floor powder room is a thoughtful touch, perfect for guests. Upstairs, the primary bedroom is equipped with its own 4-piece ensuite and spacious closet, while second-floor laundry makes everyday living practical. A coveted parking space adds even more value. Set within a boutique building with an impressive collection of amenities, including concierge, a gym, yoga room, party rooms, visitors parking, and more. Step outside and the best of Liberty Village is at your doorstep, from your morning coffee to your afternoon pilates, with restaurants, breweries, shops, and everyday essentials all nearby, plus convenient access to GO Transit and the TTC. Discover a different kind of condo lifestyle at Liberty Market Lofts!

Key facts

Property type
Condo Apartment, Loft
MLS®
C13873332
Bedrooms
1
Bathrooms
2 (1 half)
Size
500-599 sq ft
Cross streets
SW King & Strachan
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$462/mo
Exposure
North
Property tax
$2,594 / 2025
Days on market
12
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

BedroomUpper2.97 × 2.64 m

overlooks living · closet · vinyl floor

Dining RoomMain4.09 × 2.62 m

open concept · vinyl floor

BathroomUpper0.00 × 0.00 m

4 pc ensuite · b/i vanity · tile floor

Living RoomMain3.63 × 2.62 m

open concept · w/o to balcony · window floor to ceiling

FoyerMain0.00 × 0.00 m

closet · vinyl floor

KitchenMain4.09 × 2.62 m

b/i appliances · stone counters · backsplash

Powder RoomMain0.00 × 0.00 m

2 pc bath · b/i vanity · tile floor

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood 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.

What sellers nearby are askingCurrently listed nearby in Niagara · asking prices
$677kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $997/sqft; this home lists at $946/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
520kThis home519k599k670k920kThis home vs active comparables

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.

Little Portugal
$549K
Waterfront Communities C1
$691K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Dovercourt-Wallace Emerson-Junction
$640K

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 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
$2,370/mo
$109KIncome needed
4.8×Price ÷ income
$547Weekly cost
$13,746Land 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.

78%mortgage
Mortgage $2,370Property tax $216Condo fee $462Total carry $3,048

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,300per month

Mortgage amount $415,920 · 4.49% over 25 years

$103,980Down payment (20.0%)
$415,920Loan before insurance
$0CMHC premium
$2,978Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,300
Property tax
$216
Condo / maintenance fees
$462
Heating
$0
Estimated monthly cost
$2,978

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

One-time closing costs

Ontario land transfer tax
$6,873
Toronto municipal land transfer tax
$6,873
Estimated closing costs
$13,746

Plus your down payment of $103,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,783/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

$273,988Total interest paid
$689,908Total of all payments
Principal $415,920 Interest $273,988
YearPrincipalInterestBalance
1$9,282$18,315$406,638
2$9,703$17,893$396,935
3$10,144$17,453$386,792
4$10,604$16,992$376,188
5$11,086$16,511$365,102
6$11,589$16,007$353,513
7$12,115$15,481$341,398
8$12,665$14,931$328,733
9$13,240$14,356$315,493
10$13,841$13,755$301,652
11$14,470$13,127$287,182
12$15,127$12,470$272,055
13$15,814$11,783$256,241
14$16,532$11,065$239,710
15$17,282$10,314$222,428
16$18,067$9,529$204,361
17$18,887$8,709$185,473
18$19,745$7,852$165,729
19$20,641$6,955$145,087
20$21,578$6,018$123,509
21$22,558$5,038$100,951
22$23,582$4,014$77,368
23$24,653$2,943$52,715
24$25,773$1,824$26,943
25$26,943$654$0

At the end of your 5-year term

Total paid over the term
$137,982
Principal paid down
$50,818
Interest paid
$87,164
Balance remaining
$365,102

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
1.8%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.

3.9%
Gross yield
− Property tax $2,594− Condo fees $5,545− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,418

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

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