The Liberties on Bay

The Liberties on Bay is a 19-storey high-rise condominium located at 44 Gerrard Street West in Toronto's Bay Street Corridor, registered in 1990. The building contains approximately 13 residential units recently sold, with an average price near $600,000 and median around $550,000. Recent average rents are roughly $2,800 monthly; condo fees average $965 per month, or approximately $1.18 per square foot, covering heat, water, hydro and building insurance. The property features a rooftop terrace, indoor pool, gym, sauna and party room, and sits within walking distance of College subway station and extensive downtown shopping, dining and services. Before finalizing a purchase, prospective buyers should obtain and review the status certificate, reserve fund study, financial statements, board minutes and by-laws to fully understand the building's condition and governance.