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Liberty Lofts, 383 Adelaide St E: Gillette Factory Lofts, Hydro Included

Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

Building at a glance · Moss Park

Liberty Lofts in one look.

383 Adelaide St E, Toronto

Built

2001

Storeys

4

Suites

46

Developer

1349936 Ontario

Corporation

MTCC-1388

Walk Score

100

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What is your unit at Liberty Lofts worth today?

Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.

  • Uses this building’s own recent sales
  • Adjusts for floor, view and parking
  • Your number appears instantly

How you get around

Scores from Walk Score®

Walk Score

Walker's Paradise

Transit Score

Rider's Paradise

Bike Score

Biker's Paradise

Transit, nearest first

  • 75SherbourneTTC busSteps away
  • 503King St East at Sherbourne St503 Kingston Rd / 504 King / 508 Lake Shore streetcarSteps away
  • 121Esplanade-RiverTTC bus0.3 km
  • 65ParliamentTTC bus0.4 km
  • 1King stationLine 1 Yonge–University0.9 km
  • GOUnion Station GOBarrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines1.3 km
  • UPUnion stationUP Express · Pearson to Union1.3 km

TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.

Distances are straight-line from the building.

How far is everything?

From the front door, in kilometres.

Food 88Steps

StreetcarSteps

No Frills0.2 km

Market Lane Junior and Senior Public School0.4 km

King station0.9 km

Union Station GO1.3 km

Jarvis Collegiate Institute1.7 km

Schools for this address

Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.

ElementaryJK–8

Market Lane Junior and Senior Public School

246 The Esplanade, Toronto

0.4 km · ~6 min walk

Zoned for this address

High schoolGr 9–12

Jarvis Collegiate Institute

495 Jarvis St, Toronto

1.7 km

Zoned for this address

Catholic elementary

St Michael Catholic Elementary School - Bldg 1

0.5 km · ~8 min walk

Nearest, confirm zoning

Catholic elementary

St Paul Catholic Elementary School

0.6 km · ~9 min walk

Nearest, confirm zoning

Catholic secondary

St Joseph's College School

2.2 km

Nearest, confirm zoning

French-language · Viamonde (public)

Ecole Elementaire Gabrielle Roy

0.6 km · ~9 min walk

Nearest, confirm zoning

Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.

By the numbers

What units at Liberty Lofts actually trade for

Unit typeSoldMedian priceLeasedMedian rent
1 bed0too few4$2,800/mo

Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.

Living here

Renters, Airbnb and elevators at Liberty Lofts

Do mostly owners or renters live here?

Leases 89%Sales 11%

Renter-heavy building. Of 9 deals here in the last 24 months, 8 were leases and 1 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.

Can you Airbnb a unit at Liberty Lofts?

0units registered with the City as a short-term rental at this address

No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.

How reliable are the elevators?

0elevator outages of 48 hours or more reported to TSSA for this address since July 2022

Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.

Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.

Before you buy here

Five things the listing will not tell you about Liberty Lofts

  1. Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
  2. Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
  3. Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
  4. Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
  5. Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.

Send me the status certificate and I will flag anything that matters before your conditional period runs out.

Get my status certificate reviewed

Watch this building

Know the moment a unit at Liberty Lofts lists or sells.

Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.

  • New listings for sale or rent here
  • What units sold for, with my read on it
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Building alerts

Takes about twenty seconds.

Eat, drink and shop nearby

Within about a 10-minute walk.

Restaurant

Food 88

Steps away

Mexican

Tacorrito

Steps away

Sandwiches

Subway

Steps away

Sushi

Nari Sushi

Steps away

Restaurant

Ardo Restaurant

Steps away

Coffee

Tim Hortons

Steps away

Places from OpenStreetMap. Check hours before you go.

Parks nearby

  • Moss Park
  • David Crombie Park
  • St. James Park

Nearest grocery

No Frills

0.2 km · ~3 min walk

Prices: TRREB MLS® System aggregate medians for 383 Adelaide St E, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.

Liberty Lofts is one of the few true hard lofts left between Sherbourne and Parliament, and it has a feature I rarely see in a loft: hydro is in the fee. The 46 suites sit in two joined factory buildings, once home to the Gillette razor works, around a central atrium. The catch is parking, which most owners here do not get. I’m Jatin Dua, RE/MAX Quantum Realty.

Quick answer

Liberty Lofts is a four-storey, 46-suite hard loft condominium at 383 Adelaide Street East in Moss Park, part of the Church–Wellesley, Corktown, Moss Park and Cabbagetown area of downtown east Toronto. It is a conversion of the former Gillette razor factory, registered on 8 August 2001 as MTCC-1388, with conversion design by Core Architects. Condos.ca lists the developer as 1349936 Ontario and the manager as Dynamic Property Management Inc. Maintenance fees include common elements, heat, hydro, air conditioning, water, building insurance and parking where owned.

Liberty Lofts at a glance

Address
383 Adelaide St E
Storeys
4
Suites
46
Built
2001
Developer
1349936 Ontario
Corp #
MTCC-1388

Two factory buildings joined by an atrium

Liberty Lofts is really two old industrial buildings stitched together. One is a timber post-and-beam structure from about 1900, and the other is a 1920s poured-concrete building with mushroom-capped columns. A central atrium, the old courtyard between them, now links the two, and you can see it from the lobby. The elevator overlooks it.

That mix gives the suites two different characters. On the older side you get brick and wood beams; on the newer side you get raw concrete and the flared columns typical of 1920s factory construction. Neither is a new building with loft finishes. If you care about authenticity, this building has it.

The factory was once home to Gillette’s razor operation, and Core Architects, a Toronto firm, handled the residential conversion, which was registered in 2001. You will also see Radius Development named as developer on one broker profile, while condos.ca lists a numbered company, 1349936 Ontario. That is common for projects of this era, where a numbered company held title for the developer.

Mostly one-bedrooms, with a few two-level penthouses

Suite sizes run from about 584 to 1,364 square feet. Most of the building is one-bedroom suites in the 580-square-foot range, all on a single level. A small number of two-bedroom penthouses are laid out over two levels and come with outdoor terraces; blogTO described one at roughly 1,300 square feet with a 342-square-foot patio.

Ceilings are 11 to 13 feet, which is what makes a 585-square-foot loft feel bigger than a 585-square-foot condo in a tower. A broker profile notes that conversion layouts can range from big and raw to cramped and awkward, and I would say that is fair here. Column positions and window placement were set by the factory, not by a suite designer.

Storey counts differ slightly between sources. The building is generally described as four storeys, with the penthouse level on top, while one profile lists five. The difference is likely the upper level of the two-storey penthouses.

When you tour, pay attention to which side of the building a suite is on. A suite in the older post-and-beam section has a warmer, more traditional loft feel, while one in the 1920s concrete section has the heavier industrial look. Neither is better, but buyers usually have a strong preference once they have seen both.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Parking: ten spaces, penthouse owners only

This is the most important thing to know before you book a showing. According to blogTO, the building has only 10 underground parking spaces, and they belong to owners of the two-level penthouse suites. If you are looking at a one-bedroom here, plan on no parking.

For many buyers in this location, that is fine. Downtown east is walkable, and the transit details are in the data panel. But if you own a car, confirm from the status certificate and the deed whether the specific suite has a space before you go any further.

The upside of so few spaces is a quieter building. There is no ramp traffic from hundreds of cars, and the fee is not carrying the upkeep of a large garage. For a one-bedroom owner without a car, that is a real advantage, and nearby lots and car-share options can fill the gap for the occasional trip.

Living on Adelaide between Sherbourne and Parliament

The building sits on Adelaide Street East between Sherbourne and Parliament, a block north of King East and a short walk from St. Lawrence Market and the Distillery District. Adelaide is a one-way arterial heading west, so expect traffic at rush hour on the street side.

This stretch has filled in quickly with new mid-rise and tower condos over the past decade. Liberty Lofts stands out among them because it is low, old and built of brick and concrete. That difference is part of why it holds its appeal.

The new buildings around it have also brought more grocery, coffee and restaurant options within a few minutes’ walk than this stretch had when the lofts were registered. Check the data panel for what is closest. If you are comparing Liberty with a new tower a block away, compare the fees and the ceilings side by side; they tell most of the story.

Pricing and the all-inclusive fee

Condos.ca shows an average of about $940 per square foot for the building. That is a strong number for a 2001 conversion, and it reflects how few authentic hard lofts there are in this part of downtown, as well as the small size of most suites, which pushes the per-square-foot figure up.

There is one suite currently for sale and none for lease. I do not quote a single listing’s price or fee, and one listing is not a range, so watch the panel for recent sales instead.

The fee structure is the building’s quiet advantage. Fees include heat, hydro, air conditioning, water, building insurance and common elements, plus parking for the suites that have it. Very few lofts include hydro. When you compare a fee here with a newer building nearby, add back the hydro and heating bills that the other building’s owners pay themselves. For recent sales, see my building sold report.

Building specifications

Building nameLiberty Lofts
Address383 Adelaide St E, Toronto
Original buildingFormer Gillette razor factory: a c.1900 post-and-beam building and a 1920s concrete building joined by an atrium
Developer1349936 Ontario per condos.ca; Radius Development per one broker profile
Conversion architectCore Architects
Storeys4 (one source lists 5, likely counting the penthouse upper level)
Total suites46
Condo corporationMTCC-1388
Registered8 August 2001
Property managementDynamic Property Management Inc.
Suite sizesApproximately 584 to 1,364 sq ft
Ceiling heights11 to 13 ft
Parking10 underground spaces, for two-level penthouse owners
Fees includeCommon elements, heat, hydro, air conditioning, water, building insurance and parking (where owned)

Amenities at Liberty Lofts

Security guardSecurity systemParking garage (penthouse suites)BBQs permittedPets allowedCentral atrium

There is no gym, pool or party room. What you get is a security guard and system, permission for barbecues and pets, and the atrium, which is the building’s real shared space and gives the corridors more light than most conversions.

Jatin’s honest take on Liberty Lofts

Who this building suits

Liberty Lofts suits a single buyer or a couple who want a real hard loft downtown at a one-bedroom price, and who do not need a car. The penthouses suit buyers who want two levels, a terrace and parking, and are willing to wait for one of very few to come up.

What I’d want you to check

This is a 2001 conversion of buildings that are around a century old. Read the reserve fund study for roof, masonry, window and atrium skylight work, and ask how the mechanical systems that supply the included heat and hydro are maintained. Confirm parking and locker rights on title. Because hydro is included, check the budget history for how utility costs have moved and how the board has handled them.

The value question

At about $940 per square foot on average, you are not getting a discount, but you are getting a real loft with an unusually complete fee. Compared with a newer one-bedroom nearby with hydro and heat on separate meters, the gap in monthly carrying costs is smaller than the fee alone suggests. For a buyer who values the building itself, I think it holds up.

Free building report: Liberty Lofts

Send me your email and I’ll put together a current report on Liberty Lofts — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.

  • Every sale in the building over the last 12 months
  • Current active listings and asking prices
  • Maintenance fee breakdown and what’s included
  • My read on which exposures and floors hold value

Tell me what you are planning

Three quick answers so I come back with something useful, usually the same day.

Your details go to me only, never sold or shared. Prefer a set time? Book a 15-minute call.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 833-330-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Liberty Lofts — frequently asked questions

What was Liberty Lofts before it was a condo?

It was the Gillette razor factory: two industrial buildings, one post-and-beam from about 1900 and one concrete from the 1920s, joined by a courtyard atrium.

Who designed the loft conversion?

Core Architects, a Toronto firm, converted the factory into Liberty Lofts, which registered as MTCC-1388 in 2001.

How high are the ceilings?

Ceilings run from about 11 to 13 feet, depending on the building section and floor.

Does every suite have parking?

No. The building has about 10 underground spaces, reported as available only to owners of the two-level penthouse suites.

What do the maintenance fees include?

Common elements, heat, hydro, air conditioning, water, building insurance and parking where a suite has a space. Including hydro is unusual for a loft.

What suite types are there?

Mostly single-level one-bedrooms of around 580 square feet, plus a few two-level, two-bedroom penthouses with terraces.

How many suites are in the building?

46 suites over four storeys.

Does Liberty Lofts have a gym?

No. Shared features are a security guard and system, the atrium, and permission for barbecues and pets.

Who manages the building?

Dynamic Property Management Inc. is listed as the property manager.

How much is rent at Liberty Lofts?

The median lease at Liberty Lofts over the last 12 months was $2,800/mo, from 4 leases. Units typically leased in 7 days.

What does each unit type cost at Liberty Lofts?

Over the last 24 months: One-bedrooms rented for $2,800/mo. Each median uses three or more deals.

Do mostly owners or renters live at Liberty Lofts?

Mostly renters. Of the deals here in the last 24 months, 89% were leases and 11% were sales.

Can you Airbnb a unit at Liberty Lofts?

Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.

Has Liberty Lofts had elevator outages?

None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.

What schools is Liberty Lofts zoned for?

For TDSB public schools, the address is zoned for Market Lane Junior and Senior Public School (Elementary, JK–8), Jarvis Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.

What is the closest subway or GO station to Liberty Lofts?

The nearest subway is King station (Line 1 Yonge–University), 0.9 km away; the nearest GO station is Union Station GO on the Barrie / Kitchener / Lakeshore East / Lakeshore West / Milton / Richmond Hill / Stouffville lines, 1.3 km; UP Express runs from Union station, 1.3 km; the 503 Kingston Rd / 504 King / 508 Lake Shore streetcar stops 0.1 km away; the closest bus is the Sherbourne (TTC bus). Distances are straight-line from the building.

What is the Walk Score of Liberty Lofts?

Walk Score 100, Transit Score 100 and Bike Score 99. Most daily errands can be done on foot.

What restaurants and shops are near Liberty Lofts?

Within about a 10-minute walk: Food 88 (Restaurant), Tacorrito (Mexican), Subway (Sandwiches), Nari Sushi (Sushi), Ardo Restaurant (Restaurant). The closest grocery store is No Frills, 0.2 km away.

Which parks are near Liberty Lofts?

Moss Park, David Crombie Park, St. James Park are the closest green spaces.

What is my unit at Liberty Lofts worth?

Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.

How do I find out when a unit at Liberty Lofts lists or sells?

Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.

Still have a question about Liberty Lofts?Ask me directly: a 15-minute call, no pressure.
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Looking at Church–Wellesley, Corktown, Moss Park and Cabbagetown more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.

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Reading recent condo sales…

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What moved the number

Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.

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Two units, same floor plan,
$90,000 apart.

That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.

How this works — your estimate comes from a model built on recent Toronto & GTA condo sale data, weighting area, size, layout, floor, exposure, view, parking, locker, age and condition. It is an automated estimate for information only — not an appraisal and not a Comparative Market Analysis. Condo values also depend on the building’s reserve fund, maintenance fees, recent special assessments and status certificate, none of which a model can read. Ask me for a written CMA before you make a decision.

About the author — Jatin Dua, Toronto condo broker

I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Church–Wellesley, Corktown, Moss Park and Cabbagetown. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.

If you’re buying or selling at Liberty Lofts, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.

More Church–Wellesley, Corktown, Moss Park and Cabbagetown building guides: 108 Sackville Street Townhouses · 159SW Condominiums · 17 Pembroke St Townhouses · 22 Condominiums · 253 Wellesley · 28 Eastern

More resources: GTA condo directory · Building sold report · Book a call

Figures on this page were compiled from publicly available sources including condos.ca, strata.ca, City of Toronto open data and developer materials as at October 2026, and are provided for general information only. Sources frequently disagree on unit counts, storeys, square footage and maintenance-fee inclusions, and pricing changes constantly — where sources conflicted I’ve said so rather than picking one. Nothing here is an appraisal, a valuation, or a substitute for a status certificate reviewed by your lawyer. Verify all figures independently before making a decision. Jatin Dua, Broker of Record, RE/MAX Quantum Realty. Not intended to solicit buyers or sellers currently under contract. E. & O.E.
Free toolWhat’s being built near me?Look up every rezoning, site plan and condo application filed near any Toronto address, with free alerts.

© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.

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