$799,000

$899,000For salePrice drop↓ $100,000 (11%)

#914 480 Front Street West, Toronto (Waterfront Communities) - Single Family for Sale

#914 480 Front Street West, Toronto (Waterfront Communities), Ontario, M5V0V5

2 beds2 baths0 parking950 ft²$909/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 15 days, fresher than the Toronto average of 57 days.

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Description

Welcome to Tridel at The Well, one of the largest mixed-use communities in the heart of Downtown Toronto. This stunning 2-bedroom, 2-bathroom suite features a bright open-concept layout, 9-foot ceilings, floor-to-ceiling windows, and breathtaking CN Tower and city views. The entire unit has been freshly painted and is move-in ready. Enjoy the best of King West with unparalleled access to premier dining, shopping, fitness clubs, spas, entertainment, and everyday conveniences. Residents have access to exceptional amenities including an outdoor pool, rooftop terrace, fully equipped gym, upscale party rooms, and more. Move in and experience the vibrant downtown lifestyle at The Well. (id:66096)

Property Details

MLS®: C14108232
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Condo Fee: $909/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $5,501.62/yr
Listed: 15 days ago

Features

Appliances: Washer, Dryer
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$841

List price

$799K

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 15 days, which is 42 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. · BONNIE BO LI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5V)

This home lists at $799,000, about 8.8× the local median household income of $91,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 72% 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)

$799,000· $841/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$458/mo

Condo fee$909/mo

Total monthly$5,493

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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