1232-560 Front Street, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13246444
About this home
Welcome to Suite 1232 at The Reve, a luxurious condo by Tridel. Located in the heart of Toronto's vibrant King West neighbourhood, this unit is just steps away from The Well, STACKT Market and Billy Bishop Airport. This boutique building offers state-of-the-art amenities, including a gym, sauna, media room, party/meeting room, game room, home theatre, and a rooftop terrace. The beautiful, freshly painted, one-bedroom suite features a modern kitchen with granite countertops and a brand new stove, floor-to-ceiling windows, and impeccable finishes throughout. Enjoy quick access to the rooftop terrace located on the twelfth floor, where you can take in stunning views of the city. With a Walk Score of 95 and a Transit Score of 100, this location is ideal for anyone looking for the ultimate downtown lifestyle. Walk to shops, restaurants, and entertainment, including popular spots like Gusto 101, Anejo, and Maxime's. Nearby Wellington Victoria Park offers a serene green space for relaxation. Easy access to highways and transit makes commuting a breeze. Photos are from a previous listing and reflect the unit when professionally staged. Unit is currently tenanted.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13246444
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Lot
- 34422.95
- Cross streets
- FRONT ST./BATHURST
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $496/mo
- Exposure
- West
- Property tax
- $2,425 / 2026
- Days on market
- 43
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
Listing history
- Jul 17, 2026Listed$2,100
Price and status history from the listing board. Deemed reliable but not guaranteed.
Listed at $459,000, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 16 similar homes nearby, adjusted for size, beds, and baths.Median of 16 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $437K, a bit lower.
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, listed at $545K
- Adjusts to $545K
That comparable adjusts to $545K; the $516K estimate above is the median of all 16 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.
Total price vs nearby homes. Fair value about $516K, median of 16 comparables.
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.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- Worth verifying
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 11% below the area average of $938/sqft.
42 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Car-DependentA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Almost all errands require a car.
Within a 15-minute (1.5 km) walk.
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 18, 2026); conventional rates run a little higher.
Mortgage amount $367,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,960
- Property tax
- $202
- Condo / maintenance fees
- $496
- Heating
- $0
- Estimated monthly cost
- $2,658
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,655
- Toronto municipal land transfer tax
- $5,655
- Estimated closing costs
- $11,310
Plus your down payment of $91,800. 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
- $117,571
- Principal paid down
- $46,763
- Interest paid
- $70,808
- Balance remaining
- $320,437
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 RIGHT AT HOME REALTY. MLS®/PropTx.