440-109 Front Street, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13153936
About this home
SMART SPACE. PRIME LOCATION. ALL-INCLUSIVE UTILITIES. FURNITURE INCLUDED. TURN THE KEY, AND YOU ARE ALL SET UP! Right across from the historic St. Lawrence Market, New Times Square is one of Old Toronto's kept secrets. These well-proportioned suites are increasingly hard to find, and this one is a beauty. Square layout, real closets, a proper 4-piece bath with actual counter space and room to dry your hair without hitting a wall, ensuite laundry and west-facing afternoon light. Everything you need and nothing you don't.Your hydro, heat, water and AC are all folded into $353.72 a month. Cross the street Saturday morning and lose an hour picking up fresh bread, aged cheese, peameal bacon and flowers for the table after taking a run on the waterfront. Then walk to one of the arenas for the game, or theatre for the show, or any one of the restaurants that remind you exactly why you chose to live in this city. In 6 minutes, you can walk west to Backstage at Yonge & Esplanade, where the new CIBC Square PATH bridge is opening soon and will connect you underground to Union Station and the entire city centre when the weather has other ideas. Walk 10 minutes east, and you are standing at the future Distillery District station, where the Ontario Line is said to arrive in 2031/32. Head upstairs to the rooftop garden for BBQs and those charming Old Toronto and lake views. Work it off in the second-floor gym and sauna. Let the 24-hour concierge handle your packages while you get on with your life. This is a perfect starter home, pied-a-terre and long-term hold. Why pay rent when you can own!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13153936
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- Front Street & St. Lawrence Market (Jarvis)
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $354/mo
- Exposure
- West
- Property tax
- $1,825 / 2025
- Days on market
- 62
- Listing brokerage
- STRATA REAL ESTATE
Rooms
open concept · combined w/living · large window
Breakfast Bar
Listed at $419,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C8 lately, sellers have been getting about 96% of asking and homes sell in about 33 days.
Based on 8 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 8 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $299K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $370K
- Adjusts to $370K
That comparable adjusts to $370K; the $403K estimate above is the median of all 8 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
The assigned public school is Market Lane Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $403K, median of 8 comparables.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% above the area average of $1,655/sqft.
61 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $335,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,793
- Property tax
- $152
- Condo / maintenance fees
- $354
- Heating
- $0
- Estimated monthly cost
- $2,299
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,873
- Toronto municipal land transfer tax
- $4,873
- Estimated closing costs
- $9,746
Plus your down payment of $83,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $107,556
- Principal paid down
- $42,779
- Interest paid
- $64,776
- Balance remaining
- $293,141
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of STRATA REAL ESTATE. MLS®/PropTx.