For SaleCondo Apt · LoftMLS® #C14154252 · TRREB MLS®
505-5 Hanna Ave, Toronto, Ontario
Niagara, Toronto, Ontario M6K 0B3
- Bedrooms
- 1
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$612,888
Estimated market value
About 505-5 Hanna Ave
505-5 Hanna Ave is a 1-bedroom, 2-bathroom condo in Niagara, Toronto, listed for sale at an asking price of $612,888 (MLS® C14154252).
Experience loft living in the heart of Liberty Village at Liberty Market Lofts. This striking one-bedroom, two-bathroom residence features a two-storey layout with soaring 17-foot ceilings and expansive windows that fill the living space with natural light. The open-concept main floor offers an inviting setting for everyday living and entertaining, complemented by a contemporary kitchen with granite countertops and integrated appliances. Step onto the south-facing balcony to enjoy lake and city views, or unwind in the upper-level bedroom overlooking the living area below. A four-piece ensuite, convenient main-floor powder room and ensuite laundry complete this thoughtfully designed space. Building amenities include concierge service, a fitness centre, party room, business centre and guest suites. With cafés, restaurants, shopping and everyday essentials close by, plus convenient access to transit, parks and the waterfront, this loft brings character and convenience together in one of Toronto's most vibrant neighbourhoods.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,087/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 42 condos with 1 bedroom for lease in Niagara right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,980 / 2025
- MLS® number
- C14154252
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 0 Parking
Listing history
Buy/sell history for 505-5 Hanna Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $612,888 | — | For Sale | C14154252 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Loft
- Community
- Niagara
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 6-10
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 2
- Bathroom Details
- 1 × 2pc Main, 1 × 4pc Upper
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Built-In Appliances: Cooktop, Fridge, Range-hood, Oven, Microwave. New Stacked Washer/Dryer, All Electrical Light Fixtures. 1 Parking.
- Condo maint.
- $517
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.66 × 2.77 m | Modern Kitchen, B/I Appliances, Laminate | Main |
| Den | 3.66 × 2.77 m | Laminate, Open Concept | Main |
| Living | 4.57 × 2.77 m | Laminate, W/O To Balcony, Window Flr to Ceil | Main |
| Primary | 3.04 × 3.5 m | 4 Pc Ensuite, Laminate, Closet | Main |
Map and tour
Condos for sale in Niagara right now
- For sale now
- 173
- Median asking price
- $589K
Middle half: $499K to $775K
This home is asking 4% above the median.
See all homes in NiagaraAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Signals around this home
Changing nearby. 6 open development applications on this home’s street within 800 m.
30 HANNA AVESite planUnder Review
Proposal to permit the redevelopment of the subject site with a 7-storey (27.9 metres) self-storage facility comprising approximately 7,564 square metres of gross floor area, resulting in a density of approximately 6.95 FSI.
90 m away2 ATLANTIC AVESite planUnder Review
Ontario Line Exhibition Station
190 m away58 ATLANTIC AVEOfficial plan or zoning amendmentUnder Review
Proposed 50-storey mixed-use building that would include retail uses at grade, two levels of community space on Levels 2 and 3, and residential units within the base building and tower. The proposed development has a gross floor area (GFA) of approximately 47,336 square metres, consisting of approximately 45,471 square metres of residential GFA and 1,865 square metres of non-residential GFA, including community and retail space, resulting in an overall density of 14.1 FSI.
200 m away1 JEFFERSON AVESite planUnder Review
Ontario Line Exhibition Station
240 m away61 HANNA AVESite planUnder Review
The proposal includes a 3-storey podium with retail at grade and two residential towers at 29 and 34 storeys.
270 m away38 PARDEE AVESite planUnder Review
Site Plan Application to permit Phase 2 of development for a new office building at 53 Fraser Avenue and 8-42 Pardee Avenue on the eastern portion of the property facing Pardee Avenue. The proposal includes conserving the existing heritage building at 8 Pardee Avenue and adding a new 11-storey office building with a total non-residential gross floor area of 18,029 m2 and retail use of 551 m2. Phase 1 will include bicycle and loading spaces that will be shared with the development in Phase 2.A Rezoning Application (21 160624 STE 10 OZ) for the phased redevelopment of two office buildings is under review. Two separate site plan applications have been submitted for review as the development is a phased project. A concurrent site plan application is under review for Phase 1 (21 250 999 STE 10 SA) to permit a new 10-storey office building along Fraser Avenue.
370 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
Land transfer tax on this home
- Ontario land transfer tax
- $8,733
- Toronto municipal land transfer tax
- $8,733
- Total land transfer tax
- $17,466
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $8,991
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $612,888
- $4,258
- Ontario total
- $8,733
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,733.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Permit history
10 building permits cleared at this address in the City’s file.
Interior AlterationsExaminer's Notice Sent
Conversion of existing mezzanine level into a 2nd floor for condo unit - UNIT 632
Applied April 27, 2026
Other(BA)Permit Issued
Proposal for creating a 1016 mm wide openning in an existing concrete shear wall
Issued November 19, 2025
Interior AlterationsClosed
Proposal to replace existing spiral staircase with new straight/winder stair case.
Issued August 5, 2016
Electromagnetic LocksInspection
Proposal to install 2 maglocks on the ground floor of res. amenity space
Issued October 18, 2012
New BuildingInspection
Proposal to construct a 13 sty mixed use building containing 295 live/work units, 2 guest suites and 4 levels of below grade parking, 133 parking spaces of which are exclusive for commercial parking purposes.
Issued September 27, 2012
SprinklersRevision Issued
Revision to add window sprinklers.
Issued May 11, 2012
Building Permit Related(FS)Application On Hold
FS - Sprinkler Shop Drawing - Proposal to construct a 13 sty mixed use building containing 295 live/work units, 2 guest suites and 4 levels of below grade parking, 133 parking spaces of which are exclusive for commercial parking purposes.
Applied March 9, 2012
Building Permit Related(MS)Inspection
HVAC - Proposal to construct a 13 sty mixed use building containing 105 live/work units and 4 levels of below grade parking, 2 of which are exclusive for commercial parking purposes.
Issued March 9, 2012
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Givins/Shaw Junior Public SchoolToronto DSB | Public · grades JK–6 | 1 km | 86%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 1.1 km | 95%Grade 6 average |
| Holy Family Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.3 km | 69%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.7 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1 km | — |
| Parkdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1.4 km | 61%Grade 9 math |
| City SchoolToronto DSB | Public · grades 9–12 | 1.7 km | — |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 2.5 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Exhibition GO | GO Transit train: Lakeshore West | 200 m |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| Dufferin Station | TTC subway: Line 2 Bloor-Danforth | 2.9 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 2.9 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 3 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $122,578
- Total mortgage amount
- $490,310
- Total interest payment
- $348,790
- Total purchase cost
- $961,678
- Mortgage payment
- $2,797/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
51%Monthly carrying cost
$3,562- Rent $2,475
- Shortfall $1,087
Rental income opens at $2,475, the median asking rent of 42 comparable homes for lease in Niagara. Type over it with the rent you expect. This is a planning tool, not advice.
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