2515-470 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13503200

$4,200/mo
For Lease
Listed 22 days ago
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2Bedrooms
2Bathrooms
1Parking
800-899Sq Ft

About this home

Luxury Split 2-Bedroom, 2-Bath Suite at The Well with One Parking Space! Unobstructed Views and Soaring 10-Ft Ceilings. This Bright and Functional Layout Features Premium Finishes and High-End Built-In Appliances. Enjoy the Ultimate Urban Lifestyle with World-Class Shops, Cafes, and Restaurants Right at Your Doorstep. Exceptional Building Amenities Include a Fully Equipped Fitness Centre, Games & Party Room, Multimedia Lounge, Rooftop Garden, Outdoor Terrace, and Swimming Pool. Situated in Toronto's Prestigious Entertainment District, Just Steps to Public Transit, Fine Dining, the Rogers Centre, the CN Tower, the Metro Toronto Convention Centre, and More.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13503200
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Spadina Ave and Front St. W
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Other
Exposure
West
Days on market
22
Listing brokerage
HC REALTY GROUP INC.

Rooms

Bedroom 2Flat2.84 × 2.74 m

laminate · closet · window

Primary BedroomFlat3.66 × 2.95 m

laminate · window floor to ceiling · 3 pc ensuite

Dining RoomFlat3.63 × 2.72 m

laminate · combined w/living · window floor to ceiling

Living RoomFlat3.07 × 2.74 m

laminate · w/o to balcony · window floor to ceiling

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,743/moest. value

Listed at $4,200/mo, this rental is about 12% 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 99% of asking and homes lease in about 16 days.

Based on 99 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 99 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 $3,400/mo
  • Adjusts to $3,400/mo

That comparable adjusts to $3,400/mo; the $3,743/mo estimate above is the median of all 99 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 City School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$3,462/moBelow market$4,200/moAbove market

Total price vs nearby homes. Fair value about $3,743/mo, median of 99 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$3,740avg asking

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

3410-35 Mercer Street$3,9002014-352 Front Street$3,7003105-18 Harbour Street$3,6001512-470 Front Street$3,8001603-330 Richmond Street$3,700

The 5 closest of 8 active listings nearby.

See all comparable homes
4,200This home3,9003,7003,6003,8003,700This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
42active listings nearby
22days on market
100leased nearby · 90 days
$3Kmedian leased price
99%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.

Nearby neighbourhoods

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

Moss Park
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
South Parkdale
$2K
Waterfront Communities C8
$2K

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
$19/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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 $19Property tax $3Total carry $22

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)
$18per month

Mortgage amount $3,360 · 4.14% over 25 years

$840Down payment (20.0%)
$3,360Loan before insurance
$0CMHC premium
$21Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21

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

One-time closing costs

Ontario land transfer tax
$21
Toronto municipal land transfer tax
$21
Estimated closing costs
$42

Plus your down payment of $840. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22/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

$2,019Total interest paid
$5,379Total of all payments
Principal $3,360 Interest $2,019
YearPrincipalInterestBalance
1$79$136$3,281
2$82$133$3,199
3$85$130$3,114
4$89$126$3,025
5$93$122$2,932
6$97$119$2,835
7$101$115$2,735
8$105$110$2,630
9$109$106$2,521
10$114$101$2,407
11$119$97$2,288
12$124$92$2,165
13$129$86$2,036
14$134$81$1,902
15$140$75$1,762
16$146$70$1,617
17$152$64$1,465
18$158$57$1,307
19$165$51$1,143
20$171$44$971
21$179$37$792
22$186$29$606
23$194$21$412
24$202$13$210
25$210$5$0

At the end of your 5-year term

Total paid over the term
$1,076
Principal paid down
$428
Interest paid
$648
Balance remaining
$2,932

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 HC REALTY GROUP INC.. MLS®/PropTx.

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