611-300 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13498358

$4,500/mo
For Lease
Listed 24 days ago
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◎ Directions
2Bedrooms
2Bathrooms
1Parking
800-899Sq Ft
18 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Some places you move into. This one you just arrive at. It's a fully furnished 800 square foot (74 m) corner two-bedroom, two-bathroom, set up so completely that all you really need to bring is a suitcase and somewhere to be.Being a corner unit, it gets light from more than one direction, and a large wrap-around balcony to match, the kind of outdoor space you actually use rather than just glance at. The two bedrooms and two full bathrooms mean a couple, a small family, or two people sharing all have actual room to breathe. The building does its part too. There's a proper gym, one of downtown's well-known rooftop pools for the warm months, and a concierge that makes the whole thing feel handled. Parking is included, which downtown is no small thing.And then there's the location, which is the heart of it all. Steps from the theatres, the restaurants, the arts, the CN Tower a short walk away. It suits a five or six month stay best, though shorter works too as long as it's a month or more, whether you're relocating, between homes, or just here for a season of the city. Come stay a while. Welcome home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13498358
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Front and John
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South East
Days on market
24
Listing brokerage
Royal LePage Real Estate Associates
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,700/moest. value

Listed at $4,500/mo, this rental is about 22% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, landlords have been getting about 100% of asking and homes lease in about 15 days.

Based on 97 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 97 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $3,700/mo
  • Adjusts to $3,700/mo

That comparable adjusts to $3,700/mo; the $3,700/mo estimate above is the median of all 97 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Ogden Junior Public 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 very walkable address with everyday errands close by. Bus stop is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$3,531/moBelow market$4,500/moAbove market

Total price vs nearby homes. Fair value about $3,700/mo, median of 97 comparables.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$3,580avg asking

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

3410-35 Mercer Street$3,9003105-18 Harbour Street$3,6001105-125 Blue Jays Way$3,6003306-19 Grand Trunk Crescent$3,4003705-125 Blue Jays Way$3,400

The 5 closest of 8 active listings nearby.

See all comparable homes
4,500This home3,9003,6003,6003,4003,400This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
37active listings nearby
24days on market
100leased nearby · 90 days
$3Kmedian leased price
100%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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.

Getting around

100/ 100

Walker's ParadiseA 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.

Most daily errands can be done on foot.

🚉 Nearest transit: Bus stop, about 207 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Kensington-Chinatown
$3K
Church-Yonge Corridor
$3K
Bay Street Corridor
$3K
Mount Pleasant West
$3K
Lawrence Park South
$3K

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 Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.8 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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.

88%mortgage
Mortgage $21Property tax $3Total carry $23

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19per month

Mortgage amount $3,600 · 4.14% over 25 years

$900Down payment (20.0%)
$3,600Loan before insurance
$0CMHC premium
$22Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22

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

One-time closing costs

Ontario land transfer tax
$23
Toronto municipal land transfer tax
$23
Estimated closing costs
$45

Plus your down payment of $900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23/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

$2,163Total interest paid
$5,763Total of all payments
Principal $3,600 Interest $2,163
YearPrincipalInterestBalance
1$84$146$3,516
2$88$143$3,428
3$92$139$3,336
4$95$135$3,241
5$99$131$3,142
6$104$127$3,038
7$108$123$2,930
8$112$118$2,818
9$117$113$2,701
10$122$109$2,579
11$127$103$2,452
12$132$98$2,319
13$138$93$2,182
14$144$87$2,038
15$150$81$1,888
16$156$75$1,732
17$162$68$1,570
18$169$61$1,401
19$176$54$1,224
20$184$47$1,040
21$191$39$849
22$199$31$650
23$208$23$442
24$216$14$225
25$225$5$0

At the end of your 5-year term

Total paid over the term
$1,153
Principal paid down
$458
Interest paid
$694
Balance remaining
$3,142

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Royal LePage Real Estate Associates. MLS®/PropTx.

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