1008-425 Front Street, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13548412

$499,900
For Sale
Listed 12 days ago
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1Bedrooms
1Bathrooms
0Parking
0-499Sq Ft
12 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Spacious 1-bedroom plus den, 1-bathroom suite on the 10th floor with a bright south exposure, offering a thoughtfully designed open-concept layout, 9-foot ceilings, contemporary finishes, premium built-in appliances, no carpet, and an impressive 83 sq. ft. balcony perfect for enjoying the sunshine. Residents enjoy exceptional amenities including a fitness centre, yoga studio, party room, co-working spaces, outdoor terraces, and 24-hour concierge. Ideally located in the vibrant Canary District at the historic intersection of Front & Cherry Streets, you're steps to the YMCA, Distillery District, Corktown Common, waterfront trails, TTC, George Brown College, and St. Lawrence Market, with easy access to the DVP, Gardiner Expressway, and future transit connections including the Ontario Line, Corktown Station, and East Harbour Transit Hub.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13548412
Bedrooms
1
Bathrooms
1
Size
0-499
Cross streets
Front St / Cherry St
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$405/mo
Exposure
South
Property tax
$2,969 / 2026
Days on market
12
Listing brokerage
ROYAL LEPAGE VISION REALTY
Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Queen Alexandra Middle 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. Front Street East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$437kavg asking

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

213S-455 Front Street$480k816-35 Parliament Street$468k801-15 Richardson Street$435k1107-15 Richardson Street$418k3204-308 Jarvis Street$384k

The 5 closest of 8 active listings nearby.

See all comparable homes
500kThis home480k468k435k418k384kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $398K
$2,004this home / sqft
12active listings nearby
12days on market
100sold nearby · 90 days
$585Kmedian sold price
97%of asking, on average

This home lists 22% above the area average of $1,649/sqft.

11 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 C8, 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: Front Street East, about 23 m away

20+ transit stops17 grocery20+ dining20+ parks19 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.

Church-Yonge Corridor
$564K
Bay Street Corridor
$485K
Waterfront Communities C1
$654K
Niagara
$721K
Mimico
$524K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 1.3 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$2,278/mo
$106KIncome needed
4.7×Price ÷ income
$526Weekly 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.

78%mortgage
Mortgage $2,278Property tax $247Condo fee $405Total carry $2,931

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)
$2,134per month

Mortgage amount $399,920 · 4.14% over 25 years

$99,980Down payment (20.0%)
$399,920Loan before insurance
$0CMHC premium
$2,787Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,134
Property tax
$247
Condo / maintenance fees
$405
Heating
$0
Estimated monthly cost
$2,787

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

One-time closing costs

Ontario land transfer tax
$6,473
Toronto municipal land transfer tax
$6,473
Estimated closing costs
$12,946

Plus your down payment of $99,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,592/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

$240,316Total interest paid
$640,236Total of all payments
Principal $399,920 Interest $240,316
YearPrincipalInterestBalance
1$9,369$16,241$390,551
2$9,761$15,849$380,791
3$10,169$15,441$370,622
4$10,594$15,015$360,027
5$11,037$14,572$348,990
6$11,499$14,110$337,491
7$11,980$13,629$325,511
8$12,481$13,128$313,030
9$13,003$12,606$300,027
10$13,547$12,062$286,479
11$14,114$11,496$272,366
12$14,704$10,905$257,661
13$15,319$10,290$242,342
14$15,960$9,649$226,382
15$16,628$8,982$209,755
16$17,323$8,286$192,432
17$18,048$7,562$174,384
18$18,803$6,807$155,581
19$19,589$6,020$135,992
20$20,408$5,201$115,584
21$21,262$4,347$94,322
22$22,151$3,458$72,170
23$23,078$2,531$49,092
24$24,043$1,566$25,049
25$25,049$560$0

At the end of your 5-year term

Total paid over the term
$128,047
Principal paid down
$50,930
Interest paid
$77,117
Balance remaining
$348,990

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$2,300/mo
$27,600Gross annual rent
3.2%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.

5.5%
Gross yield
− Property tax $2,969− Condo fees $4,861− Insurance $600− Vacancy & upkeep $3,036Net operating income $16,133

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

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