Published 22 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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The best condo buildings to rent in Liberty Village are Liberty Place, King West Condominiums, Toy Factory Lofts, Battery Park and Liberty Towers. Condo apartments leased through TRREB’s MLS® System in district C01 averaged $2,475 a month for a one-bedroom and $3,494 for a two-bedroom in Q2 2026.
Pick on transit, suite size and what the rent includes — not on the lobby.
The five at a glance
| # | Building | Address | Built | Why renters like it |
|---|---|---|---|---|
| 1 | Liberty Place | 150 East Liberty St | 2014 | Newer tall tower with a broad amenity list and a mix of 1- and 2-bed layouts |
| 2 | King West Condominiums (Liberty Central) | 65, 75 & 85 East Liberty St | 2012 | The amenity standout in Liberty Village, with a large, steady rental supply |
| 3 | Toy Factory Lofts | 43 Hanna Ave | — | The character pick: a true hard loft on Liberty Village's most recognisable corner |
| 4 | Battery Park | 50 Lynn Williams St | 2006 | The value and GO-transit pick, with a pool, on the quieter west side |
| 5 | Liberty Towers | 59 East Liberty St | — | Roomier layouts and a full amenity package, including a pool, at a mid-2010s price point |
How I chose them: I looked at Liberty Village the way a tenant should — how quickly you reach transit, what the building actually offers day to day, suite sizes, building age and condition, and how many units come up for lease so you have choice. This is my own shortlist, not a paid or third-party ranking, and every building fact below is linked to a source at the end.
What renting a condo in Liberty Village costs right now
| Q2 2026, condo apartments | Avg 1-bed | Avg 2-bed | Units leased |
|---|---|---|---|
| TRREB district C01 | $2,475 | $3,494 | 4,233 |
| City of Toronto | $2,316 | $3,154 | 15,388 |
| Whole GTA (TRREB area) | $2,273 | $3,013 | 21,251 |
Source: TRREB Rental Market Report, Q2 2026. District C01 is the TRREB reporting area that covers Liberty Village; it is wider than the neighbourhood itself, so treat these as a guide rather than a quote for any one building.
Across the GTA, average condo rents were still below a year earlier in Q2 2026 — one-bedrooms down 2.3% and two-bedrooms down 1.7% — with 27,844 units listed for rent against 21,251 leased. TRREB says conditions still favour renters, which means there is usually room to negotiate on start date, parking or a longer term.
The top 5 condo buildings to rent in Liberty Village
Liberty Place
150 East Liberty St
Completed 2014 · 32 storeys · about 466 suites · Developer: CanAlfa Group
Getting around: East end of the village; about a 10-minute walk to Exhibition GO and a short walk to the 504 King streetcar via Strachan or the pedestrian bridge.
What the building offers: Fitness facility with yoga/pilates; business centre; party and games rooms; media room; guest suites; concierge.
What renters should know:
- 2014 tower with 585-1,323 sq ft suites – more 2-bed options than older area buildings.
- Large building (466 suites), so there is usually rental availability.
Why it makes the list: Newer tall tower with a broad amenity list and a mix of 1- and 2-bed layouts.
King West Condominiums (Liberty Central)
65, 75 & 85 East Liberty St
Completed 2012 · Developer: Plazacorp
Getting around: Central East Liberty St; 504 King streetcar and Exhibition GO each roughly a 10-minute walk.
What the building offers: Two 5-pin bowling lanes; tiered theatre; sports simulator and games room; fitness centre with yoga; 25th-floor rooftop Lakeview Club; guest suites.
What renters should know:
- Three phases (2012-2013) create a steady stream of rental listings in one complex.
- Amenities are some of the most unusual in the village (bowling, simulator) – useful for renters without a gym membership.
Why it makes the list: The amenity standout in Liberty Village, with a large, steady rental supply.
Toy Factory Lofts
43 Hanna Ave
about 215 suites · Developer: Lanterra Developments
Getting around: Hanna Ave near King St W; 504 King streetcar about a 5-minute walk.
What the building offers: 24-hour concierge; indoor landscaped atrium; rooftop terrace with hot tub; fitness and steam rooms; guest suites; bike storage.
What renters should know:
- The village's authentic hard-loft conversion: exposed brick, steel beams and Douglas fir posts, often with higher ceilings.
- Loft layouts can mean open bedrooms and less closet space – check privacy if sharing.
Why it makes the list: The character pick: a true hard loft on Liberty Village's most recognisable corner.
Battery Park
50 Lynn Williams St
Completed 2006 · 23 storeys · about 316 suites · Developer: Monarch Group
Getting around: West side of the village; about a 5-10 minute walk to Exhibition GO and to the 504 King / 29 Dufferin.
What the building offers: Indoor pool; exercise facilities; sauna; party room; guest suites; concierge.
What renters should know:
- 2006 building: older finishes but typically lower rents than the newer towers.
- Closest of the picks to Exhibition GO and Liberty Village Park.
Why it makes the list: The value and GO-transit pick, with a pool, on the quieter west side.
Liberty Towers
59 East Liberty St
25 storeys · about 261 suites · Developer: CanAlfa
Getting around: Central East Liberty St; 504 King streetcar and Exhibition GO each roughly a 10-minute walk.
What the building offers: Indoor pool and whirlpool; fitness centre; saunas; rooftop terrace with BBQs; guest suites; 24-hour concierge.
What renters should know:
- Known locally for generous layouts compared with newer area towers.
- Shares amenities with the neighbouring Bliss building (55 East Liberty); on-site management office.
Why it makes the list: Roomier layouts and a full amenity package, including a pool, at a mid-2010s price point.
Want me to find you a unit in Liberty Village?
Looking to rent in Liberty Village?
Tell me your budget, move-in date and must-haves. I will send you what is actually available in these buildings, before it gets picked over.
I will come back to you personally, usually the same day. If it is urgent, call or text 833-330-1925.
Living in Liberty Village as a renter
A former industrial district (carpet, toy and munitions factories) converted into a dense, walkable mix of brick-and-beam lofts, converted offices and 2000s-2010s glass condos. Skews young and renter-heavy, with a strong restaurant, fitness and dog culture.
| Liberty Village in brief | |
|---|---|
| Where it is | King St W / the rail corridor (north), Gardiner Expressway (south), Strachan Ave (east), Dufferin St (west). |
| Transit | 504 King streetcar along King St W and the 29 Dufferin bus; Exhibition GO station (Lakeshore West line) at the south end, a short ride to Union. The King-Liberty pedestrian bridge (opened 2021) connects to Niagara/King West. The Ontario Line is under construction with a planned Exhibition terminus (not open). No subway station nearby today. |
| Everyday life | Liberty Village Park is the central green space, with the Martin Goodman Trail and Trillium Park (Ontario Place) a short walk south; BMO Field and Exhibition Place anchor the south edge. Liberty St and Hanna Ave hold most cafes, restaurants and gyms (e.g. Mildred's Temple Kitchen on Hanna Ave). |
| Official City neighbourhood | Fort York-Liberty Village (City of Toronto neighbourhood 163) |
Things renters in Liberty Village should know
- The 504 King streetcar is the main link and is notoriously crowded at peak; Exhibition GO is the faster (fare-integrated but less frequent) option to Union.
- Only a few road exits (Atlantic, Hanna, Strachan) – driving and ride-hail pickups get congested, especially on Exhibition/BMO Field event days.
- Large, investor-heavy rental supply keeps choice high; expect many 1-bed and 1+den suites.
Before you sign a condo lease
- Use the Ontario Standard Lease. Landlords of most private rental units, condos included, must use the province’s standard lease template for new leases.
- Deposits are capped. A landlord can ask for a rent deposit of no more than one month’s rent, and it must go toward your last month. Damage deposits are not allowed; a key or fob deposit must be refundable. See Ontario rental deposit rules.
- Check the rent-control date. The annual guideline (2.1% for 2026, 1.9% for 2027) does not apply to units first occupied as residences after 15 November 2018. Ask when the building was first occupied — in newer towers your increases are negotiable, not capped.
- Get utilities in writing. Newer towers usually meter hydro separately; many older buildings include it in the condo fee. It can be a real monthly difference.
- Read the condo rules. Tenants must follow the corporation’s declaration and rules — pets, move-in bookings, elevator deposits and short-term rental bans all live there.
The takeaway
In Liberty Village, Liberty Place and King West Condominiums are where I would start, but the right building depends on your commute and whether you want amenities or square footage. Compare the all-in monthly cost — rent, hydro, parking, locker — not the headline rent, and remember that in Q2 2026 renters, not landlords, had the upper hand across the GTA.
Frequently asked questions
What are the best condo buildings to rent in Liberty Village?
My top five for renters are Liberty Place, King West Condominiums, Toy Factory Lofts, Battery Park and Liberty Towers, chosen for transit access, amenities, suite sizes, building condition and rental supply.
How much does it cost to rent a condo in Liberty Village?
In Q2 2026, condo apartments leased in TRREB district C01, which covers Liberty Village, averaged $2,475 a month for a one-bedroom and $3,494 for a two-bedroom. The City of Toronto averages were $2,316 and $3,154.
Which condo in Liberty Village is best for transit?
Liberty Place at 150 East Liberty St: east end of the village; about a 10-minute walk to Exhibition GO and a short walk to the 504 King streetcar via Strachan or the pedestrian bridge.
Are older or newer condos better to rent in Liberty Village?
Newer towers offer more amenities and modern finishes but smaller suites, separately metered hydro and no rent-control guideline if first occupied after 15 November 2018. Older buildings usually have larger layouts and often include utilities in the rent.
Is rent control in effect for condo rentals in Toronto?
Yes for units first occupied as residences on or before 15 November 2018, where increases are limited to the provincial guideline (2.1% in 2026 and 1.9% in 2027) once every 12 months. Units first occupied after that date are exempt from the guideline.
Do I pay a realtor to help me rent a condo?
On most MLS condo leases in the GTA the landlord pays the brokerage commission, but always confirm in writing before signing any agreement. I can search these buildings and review the lease with you.
Sources
- TRREB Rental Market Report, Q2 2026 — condominium apartment rents by district — accessed September 2026.
- Government of Ontario — residential rent increases and the rent increase guideline — accessed September 2026.
- Liberty Place — building facts — accessed September 2026.
- Liberty Place — building facts — accessed September 2026.
- King West Condominiums (Liberty Central) — building facts — accessed September 2026.
- King West Condominiums (Liberty Central) — building facts — accessed September 2026.
- Toy Factory Lofts — building facts — accessed September 2026.
- Battery Park — building facts — accessed September 2026.
- Liberty Towers — building facts — accessed September 2026.
- Liberty Village — neighbourhood and transit facts — accessed September 2026.
- Liberty Village — neighbourhood and transit facts — accessed September 2026.
- Liberty Village — neighbourhood and transit facts — accessed September 2026.
Related reading
- Top Real Estate Agent in King West and Liberty Village: What to Check Before You Sign
- Top 5 condos to rent in CityPlace
- Top 5 condos to rent in Harbourfront
- Top 5 condos to rent in Fort York and Bathurst Quay
- Top 5 condos to rent in every Toronto neighbourhood
- How much rent can a landlord charge in Toronto?
- Renting now, buying later: a realistic timeline
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Etobicoke. I help tenants, landlords, buyers and sellers across Toronto and the GTA. Four-plus years of active GTA transactions and over $100 million in sales volume. Rent figures here come from TRREB’s published rental report and tenancy rules from the Government of Ontario, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.