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New3 hours ago

407 - 5 Hanna Avenue

Niagara, Toronto

$1,089,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

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.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleLoft
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$881
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$881
mls© NumberC13771510
Listed ByRE/MAX REAL ESTATE CENTRE INC.
Common Elements Included
Heat Included
Water Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,574
Property tax
$73
Heat allowance
$150
Condo fees, half counted
$441
Housing costs
$6,238 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $217,800
25-yr amortization

Income needed

$192,000

gross annual household income

Payment at 4%
$4,583 / mo
Cash down
$217,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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