Liberty Village Condos — What You Need to Know in 2026
Liberty Village has transformed from industrial lofts to one of Toronto's densest condo neighbourhoods. Here is the current state of the market.
Average Condo Prices (2026)
| Unit Type | Average Sale Price | Price per Sq Ft | Monthly Rent |
|---|---|---|---|
| Studio (350-450 sq ft) | $380,000-430,000 | $950-1,050 | $1,800-2,100 |
| 1-Bedroom (500-650 sq ft) | $500,000-600,000 | $900-1,000 | $2,200-2,600 |
| 1+Den (600-750 sq ft) | $580,000-680,000 | $850-950 | $2,400-2,800 |
| 2-Bedroom (750-950 sq ft) | $700,000-850,000 | $850-950 | $2,800-3,400 |
| Townhouse (1,000-1,400 sq ft) | $900,000-1,200,000 | $850-900 | $3,200-4,000 |
*Prices as of Q1 2026. Source: Toronto Regional Real Estate Board (TRREB).*
Top Condo Buildings
The Toy Factory Lofts (43 Hanna Ave) — Converted toy factory with authentic industrial lofts. Exposed brick, 10+ foot ceilings, massive windows. The most sought-after building in Liberty Village. Units rarely come up for sale.
Liberty Central (70-80 Liberty St) — Two towers with modern finishes and excellent amenities. Rooftop terrace, gym, party room. Walking distance to everything in the neighbourhood.
Liberty Village Lofts (5-7 Fraser Ave) — Hard lofts in converted industrial buildings. Character units with brick, wood beams, and unique layouts. Premium pricing for the industrial aesthetic.
Icon (25 Stafford St) — Newer build with sleek finishes. Good floor plans, modern amenities, slightly removed from the core of Liberty Village but quieter.
Buying vs Renting in Liberty Village
Buy if:
- You plan to stay 5+ years
- You work in the neighbourhood or nearby (King West, Financial District)
- You want to build equity in one of Toronto's most appreciating neighbourhoods
- You can handle a $2,500-3,500/month mortgage + maintenance
Rent if:
- You are new to Toronto and exploring neighbourhoods
- Your job may change locations
- You do not want the commitment of condo fees ($400-700/month)
- You are saving for a down payment in a less expensive area
What to Look For
- Parking spot — Not included in many newer builds. Budget $50,000-80,000 extra if buying, or $150-250/month if renting. Or go car-free and save.
- Locker — Storage lockers sell for $5,000-15,000 and rent for $50-100/month. Essential for smaller units.
- Floor level — Higher floors get more light and less street noise, but pay a 10-20% premium.
- Building maintenance fees — Older buildings have higher fees ($0.80-1.10/sq ft). Newer buildings start lower but increase faster.
- South-facing — Southern exposure gets the most natural light. North-facing units can feel dark in winter.
The Neighbourhood Advantage
Liberty Village condos command a premium because of the neighbourhood's walkability:
- 40+ restaurants, cafes, and bars within walking distance
- GoodLife, Altea Active, and F45 gyms all within 5 minutes
- BMO Field and Exhibition Place for sports and entertainment
- 504 King streetcar for a 15-minute commute to the Financial District
- The upcoming Ontario Line will add direct subway access
This walkability is reflected in prices — Liberty Village condos trade at $50-100/sq ft above comparable units in CityPlace or Fort York.
For the full moving experience, see our moving to Liberty Village guide and our parking guide for condo parking details.