PH08-49 East Liberty Street, Toronto, ON

Niagara, Toronto · MLS® C14032706

$579,000
For Sale
Listed 6 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to the penthouse unit at 49 East Liberty featuring a south east view of the city and water from your personal balcony.
  • This 1 bed + den and 1 bath has a modern open-concept layout with floor to ceiling windows.
  • The building amenities include 24 hour concierge, an outdoor pool, updated gym and spacious party room.

Welcome to the penthouse unit at 49 East Liberty featuring a south east view of the city and water from your personal balcony. This 1 bed + den and 1 bath has a modern open-concept layout with floor to ceiling windows. The kitchen features stainless steel appliances for both convenience and style. The den is a perfect space for a home office or junior room. The building amenities include 24 hour concierge, an outdoor pool, updated gym and spacious party room. Right in the heart of Liberty Village, you are steps away from TTC and GO bus and waterfront. The area is fit with a range of stores, restaurants, cafes, and King st. This unit welcomes urban pets with multiple dog parks around. This unit is an amazing opportunity to join one of Toronto's most vibrant communities!

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C14032706
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
East Liberty Street & Strachan Avenue
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$417/mo
Exposure
South East
Property tax
$2,869 / 2026
Days on market
6
Listing brokerage
RE/MAX PROFESSIONALS INC.

Rooms

BedroomMain2.88 × 2.75 m

closet · laminate · large window

KitchenMain3.55 × 2.10 m

backsplash · combined w/living · quartz counter

DenMain3.17 × 1.59 m
BathroomMain2.19 × 1.40 m

4 Pc Bath

Living RoomMain2.92 × 2.76 m

combined w/kitchen · balcony

Our TakeTeam Asgarian · Broker
A small discount is typical
$564Klikely sale price

Listed at $579,000. Going by how homes in Niagara have actually closed against their asking prices (about 98%, 120 local closings in 90 days), the likely sale price is near $564K, if it sells. A realistic range is $532K to $611K.

Independent value check: $484K. Without looking at the asking price, our model values the home itself about 16% below the ask (homes like it typically land between $450K and $508K).

Why $484K. The typical condo sold in Niagara over the past year went for about $591K (500 sales). What sets this one apart:

  • ▼ Lowers itIt is 500 to 599 sq ft; the typical home sold here is 600 to 699.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 1 and 1 typically.
List price
$532KBelow recent closings$611KAbove recent closings

Total price vs nearby homes. Likely closing about $564K, from 120 recent closings in this pocket.

The market behind the math:

120sold nearby · 90 days
$594Kmedian sold price
97%of asking, on average
~25 dayshomes like this take to sell
6days on market so far
$2,450/moest. rent · 9 leases
5.1%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.2 months of inventory: 6 condo apartment homes for sale in the area against 120 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,054/sqft against an area asking average of $849/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 120 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $463K. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
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 8 homes sold in this building over the past year, from 500 closings in Niagara.

Sold price trend

Median sold price for condos in Niagara: $609K in September 2026, down 6% from a year ago, on 497 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$620K55
November 2025$632K42
December 2025$610K32
January 2026$538K25
February 2026$655K38
March 2026$554K56
April 2026$580K41
May 2026$590K51
June 2026$622K48
July 2026$575K34
August 2026$523K29
September 2026$609K46

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
$750K
Bay Street Corridor
$479K
Church-Yonge Corridor
$680K
Moss Park
$633K
Waterfront Communities C8
$570K

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
Also nearby: 12 more schools within 2.5 km
St Mary Catholic School · Catholic elementary0.9 km · 64% at standard
Givins/Shaw Junior Public School · Public elementary1.0 km · 81% at standard
Charles G Fraser Junior Public School · Public elementary1.1 km · 74% at standard
Msgr Fraser College (Southwest) · Catholic secondary1.1 km
City School · Public secondary1.2 km · 58% at standard
The Waterfront School · Public elementary1.2 km · 74% at standard
ALPHA Alternative Junior School · Public elementary1.3 km
Oasis Alternative Secondary School · Public secondary1.3 km
Jean Lumb Public School · Public elementary1.4 km · 73% at standard
Bishop Macdonell Catholic School · Catholic elementary1.4 km · 82% at standard
The Grove Community School · Public elementary1.6 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.6 km · 73% at standard

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

Affordability & Mortgage

Affordability
$2,639/mo
$119KIncome needed
4.8×Price ÷ income
$609Weekly cost
$16,110Land 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.

80%mortgage
Mortgage $2,639Property tax $239Condo fee $417Total carry $3,295

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 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $463,200 · 4.49% over 25 years

$115,800Down payment (20.0%)
$463,200Loan before insurance
$0CMHC premium
$3,217Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$239
Condo / maintenance fees
$417
Heating
$0
Estimated monthly cost
$3,217

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

One-time closing costs

Ontario land transfer tax
$8,055
Toronto municipal land transfer tax
$8,055
Estimated closing costs
$16,110

Plus your down payment of $115,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,100/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

$305,134Total interest paid
$768,334Total of all payments
Principal $463,200 Interest $305,134
YearPrincipalInterestBalance
1$10,337$20,397$452,863
2$10,806$19,927$442,057
3$11,297$19,437$430,761
4$11,810$18,924$418,951
5$12,346$18,388$406,606
6$12,906$17,827$393,699
7$13,492$17,241$380,207
8$14,105$16,628$366,102
9$14,745$15,988$351,357
10$15,415$15,319$335,942
11$16,115$14,619$319,827
12$16,846$13,887$302,981
13$17,611$13,122$285,370
14$18,411$12,322$266,959
15$19,247$11,487$247,712
16$20,121$10,613$227,591
17$21,034$9,699$206,557
18$21,989$8,744$184,568
19$22,988$7,746$161,580
20$24,031$6,702$137,549
21$25,123$5,611$112,426
22$26,263$4,470$86,163
23$27,456$3,278$58,708
24$28,702$2,031$30,005
25$30,005$728$0

At the end of your 5-year term

Total paid over the term
$153,667
Principal paid down
$56,594
Interest paid
$97,072
Balance remaining
$406,606

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
From 9 whole-home leases in Niagara$2,450/mo
$29,400Gross annual rent
3.1%Cap rate after taxes and upkeep
$2,254 to $2,646Typical rent range
~15 daysTo find a tenant, on average

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

Talk about the numbers

The last 9 whole-home leases in Niagara signed at a median of $2,750 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,450. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.1%
Gross yield
− Property tax $2,869− Condo fees $5,004− Insurance $600− Vacancy & upkeep $3,234Net operating income $17,693

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

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