2012-470 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13494288

$1,099,000
For Sale
Listed 28 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to The Well Condos, one of Toronto's most coveted luxury addresses in the heart of downtown. This spectacular southeast corner suite offers 2 bedrooms, 2 bathrooms, and breathtaking views of the CN Tower, city skyline, and Lake Ontario. Featuring a bright, open-concept layout, the spacious living and dining areas are enhanced by floor-to-ceiling windows and abundant natural light. The modern kitchen is beautifully appointed with premium built-in appliances and sleek finishes. Both generously sized bedrooms feature their own private bathrooms and large windows, creating comfortable and light-filled retreats.Step onto your private balcony to take in the stunning views, and enjoy the added convenience of an included parking space. Residents enjoy exceptional amenities, including a state-of-the-art fitness centre, Yoga studio, indoor pool, concierge, party room, and outdoor terrace. Just steps from The Well's vibrant outdoor shopping and dining district, you'll have unparalleled access to some of Toronto's finest restaurants, boutiques, entertainment, and everyday conveniences. Luxury, location, and lifestyle-all in one extraordinary residence.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13494288
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Spadina & Front
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,019/mo
Exposure
South East
Property tax
$6,284 / 2026
Days on market
28
Listing brokerage
CENTURY 21 MYPRO REALTY

Rooms

Primary BedroomMain4.15 × 2.93 m

laminate · 3 pc ensuite · double closet

KitchenMain6.04 × 3.91 m

laminate · b/i appliances · open concept

Bedroom 2Main4.18 × 2.83 m

laminate · large window · closet

Living RoomMain6.04 × 3.91 m

laminate · window floor to ceiling · open concept

Dining RoomMain6.04 × 3.91 m

laminate · combined w/kitchen · w/o to balcony

Our TakeTeam Asgarian · Broker
Below comparables
$1.15Mest. value

Listed at $1,099,000, and my independent estimate is about 5% below comparable homes, worth a close look.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~37 days.

List price
$1.10MGreat deal$1.23MOverpriced

Total price vs nearby homes. Fair value about $1.15M, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.23M, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can 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
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Below comparable homes on total price, yet the price per square foot ($1,157/sqft) is above the area, which usually points to a smaller or more efficient layout.

Based on 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$972kavg asking

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

1911-30 Grand Trunk Crescent$897k1602-77 Harbour Square$889k610-156 Portland Street$949k3001-80 John Street$1.23M1911-21 Widmer Street$898k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.10MThis home897k889k949k1.23M898kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $808K
$1,157this home / sqft
32active listings nearby
28days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 23% above the area average of $939/sqft.

27 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.

Niagara
$615K
Moss Park
$1.02M
Church-Yonge Corridor
$599K
Bay Street Corridor
$556K
Waterfront Communities C8
$621K

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
$5,009/mo
$230KIncome needed
4.8×Price ÷ income
$1,156Weekly 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.

76%mortgage
Mortgage $5,009Property tax $524Condo fee $1,019Total carry $6,552

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,692per month

Mortgage amount $879,200 · 4.14% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$6,234Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,692
Property tax
$524
Condo / maintenance fees
$1,019
Heating
$0
Estimated monthly cost
$6,234

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

One-time closing costs

Ontario land transfer tax
$18,455
Toronto municipal land transfer tax
$18,455
Estimated closing costs
$36,910

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,699/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

$528,321Total interest paid
$1,407,521Total of all payments
Principal $879,200 Interest $528,321
YearPrincipalInterestBalance
1$20,597$35,704$858,603
2$21,458$34,843$837,145
3$22,356$33,945$814,790
4$23,291$33,010$791,499
5$24,265$32,036$767,234
6$25,280$31,021$741,954
7$26,337$29,963$715,616
8$27,439$28,862$688,177
9$28,587$27,714$659,590
10$29,783$26,518$629,808
11$31,028$25,273$598,779
12$32,326$23,975$566,453
13$33,678$22,623$532,775
14$35,087$21,214$497,688
15$36,555$19,746$461,133
16$38,084$18,217$423,049
17$39,677$16,624$383,373
18$41,336$14,965$342,036
19$43,065$13,235$298,971
20$44,867$11,434$254,104
21$46,743$9,557$207,361
22$48,699$7,602$158,662
23$50,736$5,565$107,927
24$52,858$3,443$55,069
25$55,069$1,232$0

At the end of your 5-year term

Total paid over the term
$281,504
Principal paid down
$111,966
Interest paid
$169,538
Balance remaining
$767,234

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$3,050/mo
$36,600Gross annual rent
1.2%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.

3.3%
Gross yield
− Property tax $6,284− Condo fees $12,232− Insurance $600− Vacancy & upkeep $4,026Net operating income $13,458

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 MYPRO REALTY. MLS®/PropTx.

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