| CAC Included | |
| Common Elements Included | |
| Heat Included | |
| Building Insurance Included | |
| Water Included |







































505 - 5 Hanna Avenue
Niagara, Toronto
$612,888
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.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,137
- Property tax
- $248
- Heat allowance
- $150
- Condo fees, half counted
- $259
- Housing costs
- $3,794 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,579 / mo
- Cash down
- $122,578
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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