*Updated 11/15* The Liberty Market Lofts at 5 Hanna Ave was completed in 2013 by BLVD and Lifetime Developments. What sets the Liberty Market Lofts apart is that it is one of only 2 condos in the western section of Liberty Village and is surrounded by some of the areas most historically significant buildings. The Liberty Market Lofts consist of 8 floors and 290 units in total.
Another unique feature of this loft building is that it is zoned as live/work. This gives residents the ability to use their space for both residential and business purposes. The building’s amenities are well-suited for both business and pleasure. For example, you can hold a business meeting in the “Meetings Rooms” or shoot some hoops in the half-court basketball court.
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For a complete list of amenities and photos visit our Liberty Market Lofts page.
5 Hanna Ave is a popular choice for buyers and does offer many features that are unique to loft-style condos. Let’s break it down and see what has been happening in 5 Hanna over the past 6 months:
Over the past 6 months, there have been 17 MLS sales at the Liberty Market Lofts, ranging in price from $310,000 to $554,000. Values have been pretty strong over the past few years at 5 Hanna but values have actually decreased about 1% since last year, with an average dollar per sqft value of $575/sqft :
Studios/Bachelors: 0 sales over the last 6 months.
1-Beds: There have been 8 1-bed sales, with 1-beds ranging in size from about 545sqft to 665sqft. The 8 that sold over the past 6 months ranged in sale price from $310,000 (about 640sqft, no parking) to $452,500 (840sqft with parking).
2-beds: There were 4 2-bed sales over the past 6 months, ranging in price from $487,500 to $554,000. 2-beds range in size from 890sqft to 1190sqft.
It is important to remember that sales prices are always dependent on the condition of the unit, finishes, views and size of balconies/terraces. It also doesn’t hurt having the best marketing in Liberty Village when it comes time to sell. To find out what your Liberty Market Loft is worth click our What Is My Condo Worth? link. Michael Camber, Liberty Village’s #1 selling condo salesperson has broken a number of price records and remains the top selling single agent at the Liberty Market Lofts. Get in touch at [email protected] to discuss your selling plans.
Care to see what’s available for sale (or rent) at 5 Hanna Ave?