2004-480 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13100382

$1,188,800
For Sale
Listed 76 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

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.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13100382
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Spadina Ave and Front Street West
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Brick
Maintenance
$1,054/mo
Exposure
North West
Property tax
$6,168 / 2025
Days on market
76
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

Living RoomFlat4.11 × 6.65 m

open concept · combined w/dining · large window

Dining RoomFlat4.11 × 6.65 m

w/o to balcony · combined w/kitchen · large window

Primary BedroomFlat2.79 × 3.73 m

4 pc ensuite · large closet · window floor to ceiling

KitchenFlat4.11 × 6.65 m

open concept · combined w/dining · b/i appliances

Bedroom 2Flat3.30 × 2.54 m

closet organizers · mirrored closet · window floor to ceiling

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$891kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

610-156 Portland Street$949k1911-21 Widmer Street$898k4505-327 King Street$860k302-8 Charlotte Street$849k1911-30 Grand Trunk Crescent$897k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.19MThis home949k898k860k849k897kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $699K
$1,399this home / sqft
54active listings nearby
76days on market
100sold nearby · 90 days
$604Kmedian sold price
96%of asking, on average

75 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$471K
Church-Yonge Corridor
$561K
Waterfront Communities C8
$700K
Moss Park
$519K
Mimico
$598K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ryerson Community School
52%
Ryerson Community SchoolPublic · Elementary · 1.1 km awayBelow the GTA average · 52% meet the provincial standard
ALPHA Alternative Junior SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,418/mo
$246KIncome needed
4.8×Price ÷ income
$1,250Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $5,418Property tax $514Condo fee $1,054Total carry $6,987

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,075per month

Mortgage amount $951,040 · 4.14% over 25 years

$237,760Down payment (20.0%)
$951,040Loan before insurance
$0CMHC premium
$6,643Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,075
Property tax
$514
Condo / maintenance fees
$1,054
Heating
$0
Estimated monthly cost
$6,643

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$20,251
Toronto municipal land transfer tax
$20,251
Estimated closing costs
$40,502

Plus your down payment of $237,760. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,164/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$571,491Total interest paid
$1,522,531Total of all payments
Principal $951,040 Interest $571,491
YearPrincipalInterestBalance
1$22,280$38,622$928,760
2$23,212$37,690$905,549
3$24,182$36,719$881,366
4$25,194$35,707$856,173
5$26,248$34,653$829,925
6$27,346$33,556$802,579
7$28,489$32,412$774,090
8$29,681$31,220$744,409
9$30,923$29,979$713,486
10$32,216$28,685$681,270
11$33,564$27,338$647,706
12$34,968$25,934$612,739
13$36,430$24,471$576,308
14$37,954$22,947$538,354
15$39,542$21,360$498,813
16$41,196$19,706$457,617
17$42,919$17,983$414,698
18$44,714$16,187$369,984
19$46,584$14,317$323,400
20$48,533$12,368$274,867
21$50,563$10,338$224,304
22$52,678$8,223$171,627
23$54,881$6,020$116,745
24$57,177$3,724$59,568
25$59,568$1,333$0

At the end of your 5-year term

Total paid over the term
$304,506
Principal paid down
$121,115
Interest paid
$183,391
Balance remaining
$829,925

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
0.8%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.7%
Gross yield
− Property tax $6,168− Condo fees $12,654− Insurance $600− Vacancy & upkeep $3,564Net operating income $9,414

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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