717 Bay Street & 711 Bay Street
Building Details
Listing History for The Liberties Condos I & II
Amenities
Maintenance Fees
About 717 Bay Street — The Liberties Condos I & II
Do you want to live in the heart of the action? Do you want food and fun just outside of your front door? Does the idea of a quiet condo in a suburban neighbourhood give you a panic attack? If you answered yes to any of the above, then The Liberties 1 and 2 Condos is the place for you.
Occupying a large piece of property at 711-717 Bay Street in the Bay Street Corridor, The Liberties 1 and 2 Condos are a well-established building, perfect for professionals who want to live and work in downtown Toronto.
The building was constructed in 1990, and while there are flashier condos in the neighbourhood, The Liberties 1 and 2 Condos more than hold their own, especially when you consider the relaxing amenities — pool, sauna, full fitness centre, and on-site security.
Most buyers will be expecting the wealth of urban convenience that surrounds these condos, but what you might not expect, is the availability of green spaces; with Queen’s Park less than a 10 minute walk from the building, residents have a great park nearby for picnics and afternoon strolls.
The Suites
Standing 20 storeys tall and housing 372 Toronto condos — buyers have a lot of choice in this building; suite sizes range from 506 square feet for a 1 bedroom unit to just over 1300 for a 2 bedroom + den.
Within these units you’ll encounter hardwood floors, enclave kitchens with upgraded appliances, large windows, open concept layouts, and spacious bedrooms. Only certain units have balconies, but most have solariums which collect and abundance of natural light.
Units in this building are well below the average price per square foot of other Bay St. condos for sale, which gives first time home buyers the opportunity to get their foot in the door. It's possible that some units will require updates, but property values are only going to continue to rise in this neighbourhood, so you can be at ease with your investment. But once inside, you may find that the neighbourhood beyond your front doors is too enticing to resist.
The Neighbourhood
The Bay Street Corridor is quite possibly the busiest neighbourhood in Toronto — prospective buyers of the 711-717 Bay St condos will want to be sure that their lifestyle matches the pace of the neighbourhood. For those who do feel at home here, there’s a lot to see and discover.
From your front door you are only minutes from incredible cafes — you can walk to Jimmy's Coffee, Hailed Coffee - College Park, and The Wall. Of course, you can’t walk 10 feet in this country without stumbling upon a Tim Hortons, and you’ll find one nearby as well — and a Starbucks too.
For dining out, there are options close-by like Pita Pure House, Subway, Panago Pizza, BOM Bibimbap, and Scaddabush. If you wander a little further from your building you have a vast selection of international restaurants — Donatello Restaurant for Italian, Adega for Portuguese, Matagali for Indian and Thai, Chipotle Mexican Grill for Mexican, and many more.
If nightlife is what you crave, you’ll find it here — there’s REDS Midtown Tavern for wine and cocktails, Pogue Mahone Pub & Kitchen for craft beer and a burger, and if you head a few blocks east to Yonge, you’ll encounter an abundance of pubs and bars for everything from live music venues to Karaoke clubs and cozy watering holes.
Shopping enthusiasts can head north to Bloor for upscale boutiques — Brooks Brothers, Prada, Gucci, and more — or go south on Yonge for Yonge-Dundas Square and the Eaton centre.
Transportation
With a 99 Walk Score, it’s safe to say that these condos are pedestrian friendly; for groceries, there’s a Fine Food Market on the ground floor of the building, and a Metro just around the corner on Yonge. And if you have prescription needs, Shoppers Drug Mart is across the street.
Public transit users have buses on Bay and Yonge, and Dundas Station and College Station are within walking distance for subway lines.
Car owning residents at the 711-717 Bay St condos can avoid most city traffic by heading south on Bay Street for the Gardiner Expressway, and north on Bay to Bloor and then east for the Don Valley parkway.
The Liberties Condos I & II Reviews
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Listings For Sale
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Price Cut: $55,000 (Oct 24)
Listings For Rent
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Price Cut: $200 (Nov 11)
Price Cut: $70 (Nov 5)
Price Cut: $300 (Oct 21)
Price Cut: $480 (Nov 9)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At The Liberties Condos I & II
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 717 Bay Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | $401,000 - $479,000 | No Data | $600,000 - $630,000 | $910,000 | $720,000 - $945,000 | No Data | No Data |
Avg. Cost Per Sqft | $823 | No Data | $781 | $909 | $726 | No Data | No Data |
Price Range | $2,350 - $2,500 | $2,200 - $2,300 | $2,300 - $3,350 | $3,790 - $4,100 | $1,500 - $4,700 | $3,700 | No Data |
Avg. Wait for Unit Availability | 155 Days | 352 Days | 92 Days | 308 Days | 67 Days | 650 Days | No Data |
Avg. Wait for Unit Availability | 79 Days | 111 Days | 37 Days | 239 Days | 25 Days | 932 Days | 575 Days |
Ratio of Units in Building | 15% | 6% | 28% | 7% | 45% | 2% | 1% |
Unit Sales vs Inventory
Total number of units listed and sold in Bay Street Corridor