MLS® listing
5 Hanna Avenue 617: condo apartment for sale
$519,900
From the listing brokerage
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!
Facts on the listing
| Square feet | 500-599 |
|---|---|
| Style | Loft |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $462 |
| Property tax | $2,594 |
| Tax year | 2025 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Common Elements Included |
| Building amenities | Exercise Room, Concierge, Party Room/Meeting Room, Visitor Parking, Guest Suites, Bike Storage |
| Balcony | Open |
| Laundry | Ensuite |
| Interior features | Carpet Free, Built-In Oven, Countertop Range |
| Features | Public Transit, Park |
| Floor | 6 |
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® C13873332.
About this condo apartment
5 Hanna Avenue 617 is a 1 bedroom condo apartment in TRREB's Niagara community in Toronto, listed for sale at $519,900. The listing shows 2 bathrooms and 500-599 square feet. The style is given as loft. The unit faces north. It comes with 1 parking space and an underground garage according to the listing. The nearest main intersection given is SW King & Strachan.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: exercise room, concierge, party room/meeting room, visitor parking, guest suites and bike storage.
What it costs to buy 5 Hanna Avenue 617
At the asking price of $519,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $519,900 |
|---|---|
| Ontario land transfer tax | $6,873 |
| Toronto municipal land transfer tax | $6,873 |
| Both taxes | $13,746 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $26,990 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $462 a month |
|---|---|
| Property tax (2025) | $2,594 a year, about $216 a month |
| Fee and tax together | about $678 a month |
The listing says the maintenance fee includes common elements. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $519,900, which is $30,100 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 5 Hanna Avenue 617
How much is land transfer tax on 5 Hanna Avenue 617?
At the asking price of $519,900 the Ontario tax is $6,873 and the Toronto tax is $6,873, $13,746 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 5 Hanna Avenue 617?
$26,990 at the asking price of $519,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 5 Hanna Avenue 617?
The listing shows $462 a month, including common elements. Check the current fee in the status certificate.
How much is the property tax on 5 Hanna Avenue 617?
The listing shows $2,594 a year for 2025, about $216 a month.
Is 5 Hanna Avenue 617 priced above or below the median?
It is listed at $519,900. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $30,100 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 5 Hanna Avenue 617?
Use the form on this page or call us. Quote MLS® C13873332. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 5 Hanna Avenue 617 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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