$499,999

For saleJust listed

#1012 480 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

#1012 480 Front Street West, Toronto (Waterfront Communities), Ontario, M5V0V6

1 bed1 bath0 parking550 ft²$596/mo condo feeListed 2 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,999, it is attractively priced about 21% below the $629,900 median asking price in Toronto. It has been on the market 2 days, fresher than the Toronto average of 57 days.

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Description

Wrap up the ultimate holiday gift this year with this stunning 558-square-foot, 1-bedroom condo at The Well by Tridel, arguably the best new neighborhood in the city where literally everything you need is right under your feet! Perched on the 10th floor, this modern open-concept suite features 9-foot ceilings, sleek laminate flooring, and floor-to-ceiling windows that lead out to a massive private balcony with breathtaking east-facing CN Tower and skyline views. The chef-ready kitchen shines with energy-efficient 5-star stainless steel appliances, an integrated dishwasher, and contemporary soft-close cabinetry, alongside a convenient full-size in-suite washer and dryer. The generous bedroom offers plenty of space to unwind, and this unit even comes with a highly coveted storage locker. Access to epic building amenities like a 7th floor pool, sun deck, and gym, but the real magic is the unmatched lifestyle. Just step out your front door and ride the elevator down to a world-class pedestrian promenade featuring premium shopping, amazing restaurants, the vibrant Wellington Market, and major transit, making it the ultimate downtown destination. (id:66096)

Property Details

MLS®: C14142342
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $596/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $3,437.55/yr
Listed: 2 days ago

Rooms

Flat

Living room: 3.33 x 6.43 meters
Dining room: 3.33 x 6.43 meters
Kitchen: 3.33 x 6.43 meters
Primary Bedroom: 2.77 x 3.23 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$910

List price

$500K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Waterfront Communities) has been listed for 2 days, which is 55 days fresher than the city average of 57. Act while there is still low competition.

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Listed by ROYAL LEPAGE SIGNATURE REALTY · KIRK MORRIS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $499,999, about 5.5× the local median household income of $91,000.

Carrying it typically needs a household income of about $97,667 (20% down, 25-yr amortization, stress-tested) — roughly 7% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$499,999· $910/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,999.95

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($19,000 capitalized)

Property tax (est.)$286/mo

Condo fee$596/mo

Total monthly$3,516

Cash Needed to Close

Down payment (5%)$25,000

Land transfer tax$12,950

Est. closing costs$4,000

Total cash needed$41,950

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