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Market Data as of August 31, 2026

Liberty Central by the Lake - 2 — Rental Market Data

49 East Liberty St, Toronto, Ontario M6K 0B2
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,350
2-Bedroom
1
$2,950

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2021
Total Suites302
DeveloperCanAlfa Group

Liberty Central by the Lake - 2 at 49 East Liberty Street in Toronto's Liberty Village neighborhood is a 302-suite residential tower developed by CanAlfa Group and completed in 2021. As of August 31, 2026, three units are actively listed for rent, representing a 1.0 percent availability rate across the building. Leasing activity over the trailing 30 days produced three closed leases at an average of 32 days on market, while the broader 90-day window captured 14 transactions averaging 31 days to lease.

Active asking rents average $2,550 per month at a rate of $4.86 per square foot across an average suite size of 533 square feet. Realized 90-day leases closed at $2,517 per month and $4.25 per square foot on suites averaging 616 square feet, meaning current listings carry a higher per-square-foot rate despite offering more compact footprints than historically leased units. Against the Liberty Village submarket asking benchmark of $4.45 per square foot, the building's active inventory commands a 9.2 percent premium on a rate basis.

Marketing friction presents a mixed picture: active listings average just 11 days on market, well under the submarket benchmark of 23 days, yet the 30-day closed-lease cohort required 32 days to convert, signaling some leasing deceleration at the transaction level. Across all tracked historical leases, tenants negotiated an average discount of $53 per month, or 2.1 percent below asking, with 38.9 percent of deals closing under the initial list price. Active inventory depth is thin: two one-bedroom units offer a small selection for entry-level renters, while a single two-bedroom listing represents the only multi-bedroom option currently available.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Liberty Central by the Lake - 2 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
+2 (200.0%)
Avg Asking Rent$2,550
-$650 (20.3%)
Avg Suite Size533 sf
-133 sf (19.9%)
Avg Days on Market11d
-21d (66.7%)
Avg Asking $/SF$4.86
+$0.06 (1.2%)

Active Market Insights & Questions

How has rental availability changed at Liberty Central by the Lake - 2 recently?

Liberty Central by the Lake - 2 has three active rental listings as of August 31, 2026, with asking rents ranging from $2,200 to $2,950 per month, an average of $2,550, and a median of $2,500. The average active suite spans 533 square feet at an asking rate of $4.86 per square foot. One-bedroom units account for 66.7 percent of available inventory, indicating the current listing pool leans toward compact entry-level suites rather than multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Liberty Central by the Lake - 2?

One-bedroom units dominate active inventory at Liberty Central by the Lake - 2, with two listings representing 66.7 percent of available suites at an average asking rent of $2,350 per month across 475 square feet and a rate of $5.02 per square foot. The single two-bedroom listing (33.3 percent share) asks $2,950 per month for 650 square feet at $4.54 per square foot, making it the only multi-bedroom option in the current pool.

What is the average asking rent and $/SF by suite size at Liberty Central by the Lake - 2?

Liberty Central by the Lake - 2 shows an active asking spread of $750 per month (34.1 percent), from a minimum entry rent of $2,200 to a peak asking rent of $2,950. The median asking rent sits at $2,500 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $5.50 per square foot, while the peak listing is a two-bedroom at 650 square feet carrying a lower rate of $4.54 per square foot due to its larger footprint.

How much extra do parking spaces and dens cost at Liberty Central by the Lake - 2?

Active den premiums at Liberty Central by the Lake - 2 cannot be reliably quantified, as no paired den-versus-non-den listings are currently available to isolate marginal cost per square foot for additional den space. Verified parking at the building carries a confirmed premium of $300 per month for a dedicated stall.

How do asking rents at Liberty Central by the Lake - 2 compare to local and municipal benchmarks?

Liberty Central by the Lake - 2 asks an average of $2,550 per month at $4.86 per square foot, compared to the Liberty Village submarket asking benchmark of $2,900 per month and $4.45 per square foot. The building's nominal rent sits below the submarket average, but its 9.2 percent higher per-square-foot rate reflects the more compact 533-square-foot average suite size relative to the broader market. The building holds three out of 70 active listings in the Liberty Village submarket, representing a 4.3 percent share of total available inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Liberty Central by the Lake - 2 (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$2,817
Avg Leased Size616 sf
Avg Days to Lease32d
Leased $/SF$4.26

Leased Transaction Insights & Questions

How many suites were leased at Liberty Central by the Lake - 2 last month, and how fast did they rent?

Liberty Central by the Lake – 2 closed three leases in the trailing 30 days at an average 32 days on market, compared with 14 closings over 90 days at 31 DOM and a submarket benchmark of 23 DOM. The building's lifetime volume stands at 18 closed leases, meaning the 90-day window captured roughly 78% of all tracked transactions. Leasing cadence accelerated sharply in the second half of summer, with June and July together accounting for 11 of the 18 lifetime closings, before August's three deals brought the monthly pace back in line with the spring baseline.

What is the negotiation spread between asking rents and closed lease prices at Liberty Central by the Lake - 2?

Liberty Central by the Lake – 2 tenants negotiated an average discount of $53 per month (2.1% below asking), translating to $636 in annual savings per lease. Across the 18 tracked transactions, 38.9% of leases closed under the landlord's original asking price, confirming tenant-favorable leverage in the Liberty Village submarket. The remaining leases settled at or near asking, but the consistent direction of concessions points to landlords absorbing modest pricing pressure rather than tenants paying a premium.

What are typical executed lease prices across different layouts at Liberty Central by the Lake - 2?

The two highest-volume anchor layouts at Liberty Central by the Lake – 2 are 2-Bedroom suites (9 leases, 50% share) averaging $2,756 per month at 30 DOM, and 1-Bedroom suites (6 leases, 33.3% share) averaging $2,223 per month at 38 DOM. The 1-Bedroom tier spans a P25–P75 range of $2,192 to $2,200 with a median of $2,200, an average footprint of 533 square feet at $4.25 per square foot, and represents a statistically robust benchmark. The 2-Bedroom tier shows a P25–P75 range of $2,500 to $3,050 with a median of $2,750, an average footprint of 649 square feet at $4.27 per square foot, and is likewise a statistically robust benchmark. The 1-Bedroom + Den tier (2 leases) averages $2,300 per month at 20 DOM across 650 square feet at $3.54 per square foot; this is a limited sample size and serves as a directional indicator only. The 2-Bedroom + Den tier reflects a single transaction at $2,900 per month, 750 square feet, $3.87 per square foot, and 9 DOM; this is an individual single deal and should not be treated as a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Liberty Central by the Lake - 2?

Liberty Central by the Lake – 2 does not have sufficient paired lease data to isolate a realized parking premium, so the leased parking figure remains inconclusive. Active listings at the building carry a verified parking premium of $300 per month, which is the only confirmed parking data point available. Tenants should treat the $300 active-market figure as the current going rate for a dedicated stall, while recognizing that bundled lease agreements may embed parking costs within the base rent.

How does the lease-to-listing ratio at Liberty Central by the Lake - 2 reflect current tenant demand?

Liberty Central by the Lake – 2 shows a generally upward rent trajectory from spring through late summer 2026, with the August average of $2,817 per month representing the highest monthly mark in the tracked timeline. April saw two closings at $2,600 per month, $4.00 per square foot, and 39 DOM. May also closed two deals at $2,600 per month but at a lower $3.70 per square foot and a faster 19 DOM. June recorded five closings at $2,358 per month and $4.59 per square foot over 50 DOM; the nominal rent dip reflects compact suite footprints rather than property devaluation, as the rate per square foot actually climbed. July brought six closings at $2,500 per month, $3.96 per square foot, and a swift 15 DOM. August closed three deals at $2,817 per month, $4.26 per square foot, and 32 DOM, capping the summer with the strongest average rent of the period.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27523905884.0828
2026-04-28423635734.1421
2026-04-29422755734.0118
2026-04-30422755734.0119
2026-05-01422755734.0120
2026-05-02422755734.0121
2026-05-03422755734.0122
2026-05-04422755734.0123
2026-05-05422755734.0124
2026-05-06522585384.3020
2026-05-07522585384.3021
2026-05-08522585384.3022
2026-05-09522585384.3023
2026-05-10522585384.3024
2026-05-11421985104.4124
2026-05-12421985104.4125
2026-05-13421985104.4126
2026-05-14523285584.2921
2026-05-15523285584.2922
2026-05-16523285584.2923
2026-05-17523285584.2924
2026-05-18523285584.2925
2026-05-19523285584.2926
2026-05-20623575574.3323
2026-05-21623575574.3324
2026-05-22623575574.3325
2026-05-23522585184.4429
2026-05-24522585184.4430
2026-05-25522585184.4431
2026-05-26522585184.4432
2026-05-27522585184.4433
2026-05-28522585184.4434
2026-05-29522585184.4435
2026-05-30522585184.4436
2026-05-31522585184.4437
2026-06-01522585184.4438
2026-06-02623075234.4733
2026-06-03623075234.4734
2026-06-04623075234.4735
2026-06-05623075234.4736
2026-06-06623075234.4737
2026-06-07623075234.4738
2026-06-08623075234.4739
2026-06-09623075234.4740
2026-06-10623075234.4741
2026-06-11624405494.5128
2026-06-12624405494.5129
2026-06-13624405494.5130
2026-06-14624405494.5131
2026-06-15624405494.5132
2026-06-16624405494.5133
2026-06-17624405494.5134
2026-06-18624405494.5135
2026-06-19624405494.5136
2026-06-20624405494.5137
2026-06-21624405494.5138
2026-06-22624405494.5139
2026-06-23524185494.4843
2026-06-24524185494.4844
2026-06-25422985244.4953
2026-06-26422985244.4954
2026-06-27422985244.4955
2026-06-28422985244.4956
2026-06-29425505904.3244
2026-06-30327006224.3535
2026-07-01327006224.3536
2026-07-02327006224.3537
2026-07-03227506584.172
2026-07-04227506584.173
2026-07-05227506584.174
2026-07-06227506584.175
2026-07-07227506584.176
2026-07-08325676224.115
2026-07-09424756044.094
2026-07-10424756044.095
2026-07-11424756044.096
2026-07-12424756044.097
2026-07-13424756044.098
2026-07-14227006084.4010
2026-07-15227006084.4011
2026-07-16227006084.4012
2026-07-17227006084.4013
2026-07-18227006084.4014
2026-07-19227006084.4015
2026-07-20227006084.4016
2026-07-21227006084.4017
2026-07-22132006664.8023
2026-07-23330007264.168
2026-07-24330007264.169
2026-07-25330007264.1610
2026-07-26330007264.1611
2026-07-27330007264.1612
2026-07-28330007264.1613
2026-07-29330007264.1614
2026-07-30231507154.4319
2026-07-31132006664.8032
2026-08-01232007154.5017
2026-08-02232007154.5018
2026-08-03232007154.5019
2026-08-04232007154.5020
2026-08-05232007154.5021
2026-08-06232007154.5022
2026-08-07232007154.5023
2026-08-08232007154.5024
2026-08-09232007154.5025
2026-08-10232007154.5026
2026-08-11232007154.5027
2026-08-12328676604.3318
2026-08-13328676604.3319
2026-08-14428886574.3815
2026-08-15428886574.3816
2026-08-16428886574.3817
2026-08-17428886574.3818
2026-08-18428886574.3819
2026-08-19428886574.3820
2026-08-20428886574.3821
2026-08-21331176934.5127
2026-08-22331176934.5128
2026-08-23429636574.5222
2026-08-24528106064.7218
2026-08-25528106064.7219
2026-08-26427135674.8519
2026-08-27427135674.8520
2026-08-28427135674.8521
2026-08-29427135674.8522
2026-08-30427135674.8523
2026-08-31325505334.8611

12-Month Market Dynamics & Trend Trajectory

Liberty Central by the Lake – 2 realized an average lease rent of $2,536 per month and $4.16 per square foot across 18 tracked transactions, positioning the building $131 per month (approximately 5%) below the Liberty Village submarket average of $2,667 and 0.9% below the submarket's $4.29 per square foot benchmark. The building's 30-day average DOM of 32 days trails the submarket's 23-day benchmark by nine days, indicating a modestly slower absorption pace despite the competitive pricing. On the asking side, active listings at the building average $2,550 per month and $4.86 per square foot, which sits 9.2% above the submarket's $4.45 per square foot asking rate, suggesting landlords are testing a premium on the limited remaining inventory. Pricing discipline at Liberty Central by the Lake – 2 skews tenant-favorable, with 38.9% of leases closing below the landlord's original asking price and an average concession of $53 per month (2.1%). The net negotiation spread of -$53 per lease translates to $636 in annual tenant savings, confirming that landlords are absorbing modest pricing pressure rather than extracting a premium. The consistent direction of discounts across tracked leases points to a submarket where tenants hold meaningful leverage, particularly on 1-Bedroom and 2-Bedroom suites where volume is sufficient to establish a reliable benchmark.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-10123006503.5428
2026-05-17129007503.879
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07121004954.2485
2026-06-140N/AN/AN/AN/A
2026-06-21227006004.5018
2026-06-28322634824.7557
2026-07-050N/AN/AN/AN/A
2026-07-12222506003.779
2026-07-19122005504.0013
2026-07-26229007573.838
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-16122005504.009
2026-08-23132007634.1925
2026-08-30130506664.5863

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Liberty Central by the Lake - 2 at 49 East Liberty St sits in a dense cluster of four nearby competitors within 130 metres, all of which recorded active lease volume over the trailing 180 days. Liberty Central By The Lake (51 East Liberty St, 0.03 km, completed 2015) closed 17 leases; Zen (19 Western Battery Rd, 0.08 km, completed 2020) closed 35; SVNTY (70 Ordnance Street, 0.11 km, completed 2025) closed 6; and Bliss Condominiums (55 East Liberty St, 0.13 km, completed 2011) closed 10. The peer set spans a 14-year construction window from Bliss's 2011 build to SVNTY's 2025 delivery, with the subject's 2021 completion placing it in the middle generation alongside Zen and just behind SVNTY in structural recency. Across the four active comparables, the blended benchmark averages $2,837 per month, $4.44 per square foot, and 702 square feet of interior space. Liberty Central by the Lake - 2's all-time realized lease profile of $2,536 per month at $4.16 per square foot over 616 square feet positions the subject below the comp average on both nominal rent and rate per square foot, while its suite footprint runs roughly 86 square feet smaller than the peer mean. Against the Liberty Village submarket lease benchmark of $2,667 per month and $4.29 per square foot, the subject trades at a modest discount on both metrics, a gap largely explained by its compact 616-square-foot average layout relative to the 702-square-foot comp norm and the submarket's broader mix of larger two-bedroom configurations.

51 East Liberty St, Toronto

Avg Asking$2,661/mo
Avg $/SF$4.14
Rent Spread:
+$111/mo (+4.3%) Higher
Zen82 m

19 Western Battery Rd, Toronto

Avg Asking$2,659/mo
Avg $/SF$4.30
Rent Spread:
+$109/mo (+4.3%) Higher
SVNTY113 m

70 Ordnance Street, Toronto

Avg Asking$3,864/mo
Avg $/SF$5.17
Rent Spread:
+$1,314/mo (+51.5%) Higher

55 East Liberty St, Toronto

Avg Asking$2,590/mo
Avg $/SF$4.27
Rent Spread:
+$40/mo (+1.6%) Higher

59 East Liberty St, Toronto

Avg Asking$2,966/mo
Avg $/SF$3.85
Rent Spread:
+$416/mo (+16.3%) Higher

11-25 Ordnance Street, Toronto

Avg Asking$3,196/mo
Avg $/SF$5.15
Rent Spread:
+$646/mo (+25.3%) Higher

Comparable Analysis & Questions

How do rental rates at Liberty Central by the Lake - 2 compare to neighbouring buildings within Liberty Village?

Liberty Central by the Lake - 2 realized an average lease rent of $2,536 per month over its full lease history, sitting $301 below the four-comp blended benchmark of $2,837 and $131 under the Liberty Village submarket average of $2,667. Liberty Central By The Lake (51 East Liberty St, 0.03 km, 17 closed leases) averaged $2,559 per month at $4.16 per square foot over 644 square feet, placing the subject $23 lower on a monthly basis. Zen (19 Western Battery Rd, 0.08 km, 35 closed leases) averaged $2,637 per month at $4.06 per square foot over 855 square feet, with the subject trading $101 below that figure. SVNTY (70 Ordnance Street, 0.11 km, 6 closed leases) posted the highest comp rent at $3,566 per month and $5.43 per square foot over 666 square feet, a gap of $1,030 above the subject. Bliss Condominiums (55 East Liberty St, 0.13 km, 10 closed leases) averaged $2,586 per month at $4.10 per square foot over 641 square feet, leaving the subject $50 lower monthly.

Does Liberty Central by the Lake - 2 offer a competitive price-per-square-foot ($/SF) against local comparables?

Liberty Central by the Lake - 2 leases at $4.16 per square foot over an average 616-square-foot suite, a rate that sits at parity with Liberty Central By The Lake, carries a small premium over Zen and Bliss, and trades at a meaningful discount below SVNTY. Against Liberty Central By The Lake (0.03 km), the subject holds identical $4.16 per square foot pricing but provides 28 fewer interior square feet, producing the $23 monthly rent gap. Versus Zen (0.08 km), the subject commands a $0.10 per square foot (2.5 percent) premium yet delivers 239 fewer square feet of interior space; the $101 lower monthly rent is therefore a footprint effect, not a valuation discount. Against SVNTY (0.11 km), the subject trades at a $1.27 per square foot (23.4 percent) discount and provides 50 fewer square feet, so both the rate and the total rent run well below that 2025-built competitor. Compared with Bliss Condominiums (0.13 km), the subject carries a $0.06 per square foot (1.5 percent) premium while offering 25 fewer square feet, again making the $50 lower monthly figure a function of the smaller interior envelope rather than weaker per-unit pricing.

How do building age, amenities, and developer reputation impact rent spreads?

Liberty Central by the Lake - 2 is the only building in this immediate peer set to pair both an indoor pool and an outdoor pool, a dual-aquatic configuration that no single competitor replicates. Zen (19 Western Battery Rd) offers an indoor pool plus a running track and waterside cabanas but lacks the outdoor pool, meeting room, games and billiards room, and dining room and kitchen found at the subject. SVNTY (70 Ordnance Street) provides a business centre, pet wash station, and lobby café yet has no pools, hot tub, or sauna at all. Bliss Condominiums (55 East Liberty St) includes an indoor pool, car wash bay, and garden courtyard but omits the outdoor pool, aqua massage area, and misting station. Liberty Central By The Lake (51 East Liberty St) mirrors the subject's outdoor pool and aqua massage area but does not include an indoor pool. The subject's full package—dual pools, aqua massage area, misting station, sauna and steam room, meeting room, games and billiards room, dining room and kitchen, rooftop terrace, and concierge security—targets the lifestyle-oriented young professional and small-family renter who prioritizes on-site aquatic recreation, wellness amenities, and flexible social or remote-work spaces without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Liberty Central by the Lake - 2.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Aqua Massage Area
  • Misting Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Liberty Central by the Lake - 2.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.