An impeccably planned neighbourhood in Toronto, Liberty Village boasts an urban, modern, and trendy atmosphere, unique to the area. The picturesque red-brick architecture from yesteryear combined with modern buildings make up the landscape of Liberty Village, which manages to successfully marry residential- and commercial-use structures to create an amazing place to live, work, and play.

So, why should you call Liberty Village home? Here are just a handful of reasons.

It Has Plenty of Amazing Condos

Perhaps one of the best things about Liberty Village are the condos that make up its residential landscape. It seems that a new condo building development is popping up every time we check, offering buyers a ton of awesome units to choose at relatively affordable prices compared to other Toronto neighbourhoods.

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In fact, if a condo is what you're looking to buy in the city, Liberty Village should probably the first place you check. You've got an eclectic mix of condos to choose from, from refurbished warehouses and lofts with stunning traits like exposed bricks and beams to brand new buildings with all the modern finishes and materials that you want. And new developments seem to always be in the works in this area. Whatever tickles your fancy, you'll find it in Liberty Village.

It's a Great Place to Invest

Sure, Liberty Village is an amazing place to live, but it's an equally great place to invest your hard-earned capital. While you could certainly purchase a condo or loft in this neighbourhood, you might also consider investing in a piece of real estate likely to retain its value while providing you with a steady stream of income from renters.

The average rent in Liberty Village is 9% higher compared to other city neighbourhoods, which is reason enough to consider investing here. You can collect as much $1,700 for a 1-bedroom unit and around $2,100 for a 2-bedroom. You shouldn't have much of an issue filling any vacancies either, as Liberty Village is a haven for renters looking to live close to downtown in close proximity to work and entertainment.

All Your Amenities Are in Walking Distance

Things are so much easier when everything you need is right at your fingertips. Groceries, fitness studios, banks, pharmacies, hair salons, medical offices, and many more amenities are within easy reach. Just step outside your condo and virtually all of your every-day amenities are within walking distance. Condo living already boasts a lot of conveniences, and having these amenities surrounding you makes things even better.

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There's a Lot To Do Right at Your Doorstep

There's no need to have to drive much if you live in Liberty Village.

Not only will you be a hop, skip, and a jump from the financial district, but you'll also have plenty of entertainment resources right outside your door, in addition to all your day-to-day needs. Liberty Village is known for its plethora of hip eateries, cool coffee shops, bustling bars, and the infamous Molson Amphitheatre.

King Street, in particular, is lined with everything you need to keep busy and entertained, and the corridor runs right through the heart of the neighbourhood. Plus, there's a great little farmer's market that opens every weekend during the spring through the fall on Hanna Ave for easy access to fresh fruit and produce on a whim.

It's a Thriving Place For Business

Young professionals continue to flock to Liberty Village and view it as an attractive place to live. With many businesses setting up shop in the neighbourhood, Liberty Village is a great place to both live and work. Plenty of franchises have moved into the area as the population continues to grow.

READ: City Vs. Neighbourhood: The Debate Over Liberty Village’s Respite Centre

More specifically, there are a number of businesses in the design, marketing, publishing, and tech realms that have been drawn to Liberty Village to set up roots. Companies like Sinking Ship Entertainment, 9 Story Media Group, and Rakuten are just some of the businesses calling Liberty Village home.

Just one of the above reasons is enough to prompt you to take a look in Liberty Village. If a new home is on your wish list this Christmas, start your search here.

Personal Finance