1408-470 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13568718

$649,900
For Sale
Listed 2 days ago
2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to this stunning modern 1-bedroom + den condo at The Well by Tridel, offering breathtaking skyline views. This spacious, open-concept suite features a sleek kitchen equipped with energy-efficient, 5-star stainless steel appliances, an integrated dishwasher, and contemporary soft-close cabinetry. Enjoy 9-foot ceilings, laminate flooring throughout, a Full-size washer and dryer, a glass-enclosed standing shower, and floor-to-ceiling windows. The generous bedroom offers plenty of space, while the versatile den can easily serve as a separate room or home office. Exceptional building amenities include a party room, multimedia lounges, an outdoor terrace and lounge with BBQs, a games room, rooftop pool and patio, private dining room, fully equipped gym, a dog run, a sun deck, and more. Located just steps from the Rogers Centre, CN Tower, public transit, subway stations, and the vibrant Entertainment and Financial Districts.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13568718
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Spadina Ave & Front St W
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$635/mo
Exposure
East
Property tax
$3,774 / 2025
Days on market
2
Listing brokerage
NU STREAM REALTY (TORONTO) INC.

Rooms

DenFlat8.07 × 5.84 m

laminate · open concept · combined w/dining

Primary BedroomFlat2.95 × 2.79 m

laminate · mirrored closet · large window

Living RoomFlat10.66 × 9.91 m

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

KitchenFlat0.00 × 0.00 m

galley kitchen · b/i appliances · open concept

Dining RoomFlat10.66 × 9.91 m

laminate · open concept · combined w/kitchen

Moe’s TakeTeam Asgarian · Broker
Above comparables
$497Kest. value

Listed at $649,900, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 26 similar homes nearby, adjusted for size, beds, and baths.Median of 26 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $733K, higher than the comparables and worth a second look.

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 $559K
  • Adjusts to $559K

That comparable adjusts to $559K; the $497K estimate above is the median of all 26 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 very walkable address with everyday errands close by. Spadina Ave at Front St West is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$458KGreat deal$650KOverpriced

Total price vs nearby homes. Fair value about $497K, median of 26 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.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$594kavg asking

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

2301-88 Blue Jays Way$620k3306-19 Bathurst Street$618k2011-17 Bathurst Street$598k2712-170 Fort York Boulevard$575k1901-8 Mercer Street$559k

The 5 closest of 8 active listings nearby.

See all comparable homes
650kThis home620k618k598k575k559kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $595K
$1,183this home / sqft
58active listings nearby
2days on market

This home lists 27% above the area average of $934/sqft.

1 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.

Getting around

87/ 100

Very WalkableA 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: Spadina Ave at Front St West, about 166 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.

Church-Yonge Corridor
$644K
Annex
$929K
Mimico
$872K
Banbury-Don Mills
$500K
Willowdale East
$464K

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
$2,962/mo
$139KIncome needed
4.7×Price ÷ income
$684Weekly 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 $2,962Property tax $315Condo fee $635Total carry $3,912

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,774per month

Mortgage amount $519,920 · 4.14% over 25 years

$129,980Down payment (20.0%)
$519,920Loan before insurance
$0CMHC premium
$3,724Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,774
Property tax
$315
Condo / maintenance fees
$635
Heating
$0
Estimated monthly cost
$3,724

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

One-time closing costs

Ontario land transfer tax
$9,473
Toronto municipal land transfer tax
$9,473
Estimated closing costs
$18,946

Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,370/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

$312,426Total interest paid
$832,346Total of all payments
Principal $519,920 Interest $312,426
YearPrincipalInterestBalance
1$12,180$21,114$507,740
2$12,689$20,604$495,051
3$13,220$20,074$481,830
4$13,773$19,521$468,057
5$14,349$18,945$453,708
6$14,949$18,344$438,759
7$15,575$17,719$423,184
8$16,226$17,068$406,958
9$16,905$16,389$390,053
10$17,612$15,682$372,440
11$18,349$14,945$354,092
12$19,116$14,178$334,975
13$19,916$13,378$315,060
14$20,749$12,545$294,311
15$21,617$11,677$272,694
16$22,521$10,773$250,173
17$23,463$9,831$226,710
18$24,444$8,849$202,265
19$25,467$7,827$176,798
20$26,532$6,762$150,266
21$27,642$5,652$122,624
22$28,798$4,496$93,826
23$30,003$3,291$63,823
24$31,258$2,036$32,565
25$32,565$729$0

At the end of your 5-year term

Total paid over the term
$166,469
Principal paid down
$66,212
Interest paid
$100,257
Balance remaining
$453,708

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$1,700/mo
$20,400Gross annual rent
0.9%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.

3.1%
Gross yield
− Property tax $3,774− Condo fees $7,620− Insurance $600− Vacancy & upkeep $2,244Net operating income $6,162

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of NU STREAM REALTY (TORONTO) INC.. MLS®/PropTx.

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