1232-560 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13579142

$2,100/mo
For Lease
Just listed today
1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Welcome to Suite 1232 at The Reve, a luxurious condo by Tridel. Located in the heart of Toronto's vibrant King West neighbourhood, this unit isjust steps away from The Well, STACKT Market and Billy Bishop Airport. This boutique building offers state-of-the-art amenities, including a gym,sauna, media room, party/meeting room, game room, home theatre, and a rooftop terrace. The beautiful, freshly painted, one-bedroom suitefeatures a modern kitchen with granite countertops and a brand new stove, floor-to-ceiling windows, and impeccable finishes throughout. Enjoyquick access to the rooftop terrace located on the twelfth floor, where you can take in stunning views of the city. With a Walk Score of 95 and aTransit Score of 100, this location is ideal for anyone looking for the ultimate downtown lifestyle. Walk to shops, restaurants, and entertainment,including popular spots like Gusto 101, Anejo, and Maxime's. Nearby Wellington Victoria Park offers a serene green space for relaxation. Easyaccess to highways and transit makes commuting a breeze. Photos are from a previous listing and reflect the unit when professionally staged.Unit is currently tenanted.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13579142
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
FRONT ST./BATHURST
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
West
Listing brokerage
RIGHT AT HOME REALTY

Listing history

  1. Jun 5, 2026Listed$459,000

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,300/moest. value

Listed at $2,100/mo, this rental is about 9% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar rentals nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, 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, listed at $2,200/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $2,300/mo estimate above is the median of all 13 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are 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.

On location, this is a very walkable address with everyday errands close by. Bathurst St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,100/moBelow market$2,350/moAbove market

Total price vs nearby homes. Fair value about $2,300/mo, median of 13 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.

  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
  • Worth verifying
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,240avg asking

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

809-508 Wellington Street$2,1501205-70 Queens Wharf Road$2,2002212-208 Queens Quay West Street$2,2504602-3 Concord Cityplace Way$2,3001114-88 Blue Jays Way$2,300

The 5 closest of 8 active listings nearby.

See all comparable homes
2,100This home2,1502,2002,2502,3002,300This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
50active listings nearby
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

88/ 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: Bathurst St, about 151 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.

Bay Street Corridor
$3K
Waterfront Communities C8
$3K
Church-Yonge Corridor
$2K
North St. James Town
$2K
Annex
$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
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly 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 $10Property tax $1Total carry $11

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9per month

Mortgage amount $1,680 · 4.14% over 25 years

$420Down payment (20.0%)
$1,680Loan before insurance
$0CMHC premium
$10Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10

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

One-time closing costs

Ontario land transfer tax
$11
Toronto municipal land transfer tax
$11
Estimated closing costs
$21

Plus your down payment of $420. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11/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

$1,010Total interest paid
$2,690Total of all payments
Principal $1,680 Interest $1,010
YearPrincipalInterestBalance
1$39$68$1,641
2$41$67$1,600
3$43$65$1,557
4$45$63$1,512
5$46$61$1,466
6$48$59$1,418
7$50$57$1,367
8$52$55$1,315
9$55$53$1,260
10$57$51$1,203
11$59$48$1,144
12$62$46$1,082
13$64$43$1,018
14$67$41$951
15$70$38$881
16$73$35$808
17$76$32$733
18$79$29$654
19$82$25$571
20$86$22$486
21$89$18$396
22$93$15$303
23$97$11$206
24$101$7$105
25$105$2$0

At the end of your 5-year term

Total paid over the term
$538
Principal paid down
$214
Interest paid
$324
Balance remaining
$1,466

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 RIGHT AT HOME REALTY. MLS®/PropTx.

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