$938,000

For sale

#2004 480 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

#2004 480 Front Street West, Toronto (Waterfront Communities), Ontario, M5V0V5

2 beds2 baths1 parking850 ft²$1,054/mo condo feeListed 41 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. It has been on the market 41 days, fresher than the Toronto average of 57 days.

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Description

Welcome to The Well, where luxury meets convenience in the heart of downtown Toronto. This stunning, 2-bedroom, 2-bathroom corner suite by Tridel offers 878 sq. ft. of thoughtfully designed living space with a northwest exposure, large windows, and abundant natural light. The modern open-concept kitchen features sleek cabinetry, integrated appliances, and 9-foot ceilings, creating a bright and sophisticated living environment. Residents enjoy an exceptional selection of premium amenities, including a 24-hour concierge, state-of-the-art fitness center, rooftop terrace, outdoor pool, party room, dining and BBQ areas, and smart home technology for added comfort and convenience. Located just steps from public transit, Union Station, the Rogers Centre, Scotiabank Arena, and the CN Tower, you'll also be surrounded by top-tier restaurants, cafes, boutiques, and everyday essentials like Shoppers Drug Mart right at your doorstep. Parking and locker included. Experience vibrant downtown living at its finest-your new home awaits at The Well. (id:66096)

Property Details

MLS®: C13826926
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $1,054/mo
Fee Includes: Common Area Maintenance, Insurance
Ownership: Condo/Strata
Property Tax: $6,168.43/yr
Listed: 41 days ago

Rooms

Flat

Living room: 4.11 x 6.65 meters
Dining room: 4.11 x 6.65 meters
Kitchen: 4.11 x 6.65 meters
Primary Bedroom: 2.79 x 3.73 meters
Bedroom 2: 3.3 x 2.54 meters

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

Features

Appliances: Oven - Built-In, Garage door opener remote(s)
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$1,104

List price

$938K

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 2-bed single family in Toronto (Waterfront Communities) has been listed for 41 days, which is 16 days fresher than the city average of 57. Act while there is still low competition.

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Listed by HOMELIFE LANDMARK REALTY INC. · JOHN WU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $938,000, about 10.3× the local median household income of $91,000.

Carrying it typically needs a household income of about $183,224 (20% down, 25-yr amortization, stress-tested) — roughly 101% 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)

$938,000· $1,104/ft²

For sale

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Full Cost Breakdown

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Down Payment7.33% · $68,800

Min 7.33%50%

Mortgage payment$4,819/mo

↳ CMHC premium ($34,768 capitalized)

Property tax (est.)$514/mo

Condo fee$1,054/mo

Total monthly$6,388

Cash Needed to Close

Down payment (7.33%)$68,800

Land transfer tax$30,470

Est. closing costs$5,314

Total cash needed$104,584

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