Liberty Village Property Management

Liberty Village occupies a compact triangle in Toronto’s west end, bounded by King Street West to the north, Dufferin Street to the west, and the Gardiner Expressway and rail corridor to the south and east. The neighbourhood contains one of the densest concentrations of mid-rise and high-rise condominiums built in Toronto since 2000, along with a smaller inventory of converted industrial lofts dating to the area’s factory era. That combination of product types, tenant demographics, and building ages makes Liberty Village property management a distinct discipline from the corridor markets that surround it.

The neighbourhood falls under TRREB district C01 (Toronto C01) in the Toronto Regional Real Estate Board’s MLS system. Buttonwood Property Management has managed investment properties here since 2011. Each lease we manage in the neighbourhood is subject to:

• Ontario Residential Tenancies Act
• Real Estate Council of Ontario (RECO)
• Ontario Human Rights Tribunal
• Ontario Building Code
• Ontario Fire Code
• Vacant Home Tax (City of Toronto)
• CRA’s Non-resident Tax Withholding on Rental Income (NR4/NR6)

History of Liberty Village

Liberty Village’s industrial history begins in 1879, when the Massey Manufacturing Company (later Massey-Harris, then Massey Ferguson) established its agricultural equipment factory along King Street West. The John Inglis Company followed in the 1930s, operating a major appliance plant at 1 Strachan Avenue that produced Maytag washers and, during World War II, Bren guns for the Allied war effort.

Both operations closed within a few years of each other. Massey Ferguson declared bankruptcy in 1988; the Inglis plant shut down in 1991. These closures left large tracts of industrial land vacant between the downtown core and the Gardiner Expressway, with rail corridors isolating the area on three sides.

The City of Toronto rezoned the district for mixed-use development in the late 1990s, and residential construction accelerated after 2000. The Liberty Village Business Improvement Area was established in 2001 as Canada’s first campus-style commercial BIA. Several original factory buildings were adapted into loft residences and commercial spaces, while new condominium towers filled the blocks between them. By 2025, the neighbourhood housed more than 25,000 residents across a footprint that had been almost entirely industrial two decades earlier.

Residential Buildings in Liberty Village

Key buildings that define the neighbourhood’s rental and ownership market include:

• Liberty Market Tower (171 East Liberty Street): Lifetime Developments, 28 storeys, 281 units, completed 2022. Mixed-use tower designed by Wallman Architects.
• Liberty Market Lofts (5 Hanna Avenue): Lifetime Developments, 13 storeys, 300 units, completed 2019. Features 17-foot ceiling lofts in two-storey configurations.
• Garrison Point (30 Ordnance Street): Cityzen, Diamond Corp, and Fernbrook Homes, 35 storeys, 395 units, completed 2018. Part of a 7.6-acre master-planned community designed by Hariri Pontarini Architects.
• Liberty Central Phase 1 (100 Western Battery Road): Concord Adex, 12 storeys, 291 units, completed 2007. One of the neighbourhood’s first large-scale condo projects.
• Liberty Central Phase 2 (70 Town Centre Court): Concord Adex, 14 storeys, 283 units, completed 2011.
• Westside Lofts (21 Sudbury Street): Urbancorp, 8 storeys, 171 units, completed 2006. Soft-loft design with exposed concrete ceilings and floor-to-ceiling windows.

Projects under construction include 1100 King West (1100 King Street West) by Graywood Developments and Minto Westside King at East Liberty Street by Minto Communities.

Market Prices: Renting and Buying in Liberty Village

One-bedroom units in Liberty Village average approximately $2,300 to $2,600 per month, while two-bedroom units range from $2,900 to $3,400. Studios and junior one-bedrooms rent for $1,900 to $2,200. These figures reflect condos.ca and liv.rent listings from 2024 and early 2025.

On the purchase side, the average condo sale price in Liberty Village was approximately $620,000 to $680,000 in 2024. One-bedroom units traded between $480,000 and $560,000; two-bedrooms between $680,000 and $850,000. Price per square foot averages $950 to $1,100 depending on building age and finishes, positioning Liberty Village below King West but above many comparable west-end neighbourhoods.

How Tenants Commute from Liberty Village

Walk Score rates Liberty Village at approximately 87 out of 100 for walkability, 82 out of 100 for transit, and 90 out of 100 for cycling. The high cycling score reflects the neighbourhood’s proximity to dedicated bike lanes on Strachan Avenue and the Martin Goodman Trail along the waterfront.

Public transit. The 504 King streetcar runs along King Street West at the northern boundary and connects east to Union Station and the Financial District. The 63 Ossington bus provides north-south service along the western edge. The Exhibition GO Station, located at the southeast corner of the neighbourhood, offers GO Transit service on the Lakeshore West line. Exhibition Place also connects to the 509 Harbourfront and 29 Dufferin bus routes.

Cycling. The waterfront trail is accessible via Strachan Avenue, and protected bike lanes on Richmond and Adelaide connect riders to the downtown core.

Driving. The Gardiner Expressway is accessible from Lake Shore Boulevard West and Dufferin Street, connecting to Highway 427 and the Don Valley Parkway.

Schools in Liberty Village

TDSB schools serving Liberty Village families are located within and adjacent to the neighbourhood.

Niagara Street Junior Public School (222 Niagara Street, JK-6) is the closest TDSB elementary school to the north of Liberty Village, serving students across the broader King and Dufferin catchment.

Parkdale Junior and Senior Public School (70 Cowan Avenue, JK-8) is located west of Liberty Village in Parkdale and serves students through Grade 8.

Central Toronto Academy (570 Shaw Street, Grades 9-12) is the secondary school serving the broader west-end corridor, including Liberty Village. The school offers Advanced Placement courses and cooperative education programs.

How Buttonwood Manages Liberty Village Properties

Tenant screening determines whether a Liberty Village condo generates steady monthly income or recurring problems. The process Buttonwood uses was built across thousands of tenancies throughout the GTA since 2011, and the result is four evictions in that entire period. Liberty Village’s tenant pool skews toward young professionals in their 20s and 30s working in tech, media, and finance. Our screening methodology targets verified income, employment stability, and rental history within that demographic.

After a qualified tenant is placed, we manage rent collection, maintenance coordination, lease renewals, and annual rent increase notices under the Ontario RTA. For owners based outside Canada, we handle non-resident tax compliance, including CRA withholding obligations and NR4/NR6 reporting. We also track building-wide issues (elevator downtime, special assessments) that affect our clients’ units.

Working with Liberty Village Landlords

More than 70% of Buttonwood’s business comes through referrals. Landlords who own a unit at Liberty Market Tower, Garrison Point, or one of the Concord Adex buildings typically hear about us from another investor in the same building or a colleague with a rental property elsewhere in the GTA.

Buttonwood delivers a value proposition that is affordable, carries the best reputation within the industry, and applies an uncommon level of expertise and ethical standard that both landlords and tenants deserve. We earned the President’s Award from iPro Realty in both 2019 and 2021. A single condo unit on East Liberty Street receives the same standard of management as a multi-property portfolio spread across the city.

A Neighbourhood That Rewards Careful Management

Liberty Village’s walkability, cycling infrastructure, and proximity to the downtown core attract tenants who value convenience without Financial District pricing. The neighbourhood’s density creates steady rental demand, but competition among landlords for qualified tenants is real. A well-managed unit consistently outperforms comparable listings that lack professional oversight. St. Joseph’s Health Centre (Unity Health Toronto) at 30 The Queensway is the nearest hospital, under two kilometres from the centre of the neighbourhood.

Our west-end portfolio extends into several adjacent areas. We manage investment properties in King West to the east, Queen West to the north, and the Fashion District along the Spadina corridor.

Contact Buttonwood to discuss management of your Liberty Village investment property. The neighbourhood’s condo-heavy stock and young professional tenant base are exactly the market conditions where our screening process produces the strongest results.