PH08-352 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13579246

$489,900
For Sale
Just listed today
1Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Your private oasis in the heart of downtown! Rarely offered upper penthouse suite with soaring ceilings, over 500 sq. ft. of thoughtfully designed living space, and spectacular unobstructed northwest views overlooking the park and Toronto skyline. Step onto your oversized 90 sq. ft. private balcony and enjoy breathtaking panoramic city views by day and dazzling sunsets by night. This bright, quiet suite features ensuite laundry and an open-concept layout that maximizes every square foot. But what truly sets this home apart is the location-you're not just buying a condo, you're buying one of Toronto's most coveted lifestyles! Just steps to The PATH, Union Station, the Financial District, King West, Rogers Centre, the Metro Toronto Convention Centre, Scotiabank Arena, the waterfront, world-class dining, shopping, and entertainment. Commuting is effortless with easy highway access, putting the entire GTA within reach. Residents enjoy exceptional amenities including a 24-hour concierge, fully equipped fitness centre, sauna, media room, quiet library area, stylish party room, guest suites, and a spectacular rooftop terrace featuring cabana seating and unforgettable views of the CN Tower and city skyline-the perfect place to relax or entertain day and night. Underground parking is available within the building, and pets are welcome (with restrictions). Whether you're a first-time buyer, investor, or professional seeking the ultimate urban lifestyle, this rare penthouse offers luxury, convenience, incredible views, and an unbeatable location all in one exceptional package. Opportunities like this don't come along often!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13579246
Bedrooms
1
Bathrooms
1
Size
500-599
Cross streets
Front/Spadina
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete
Maintenance
$410/mo
Exposure
North West
Property tax
$2,509 / 2026
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.
Moe’s TakeTeam Asgarian · Broker
In line
$516Kest. value

Listed at $489,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.

Based on 14 similar homes nearby, adjusted for size, beds, and baths.Median of 14 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $453K, a bit lower.

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 $538K
  • Adjusts to $538K

That comparable adjusts to $538K; the $516K estimate above is the median of all 14 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 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. 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
$450KGreat deal$540KOverpriced

Total price vs nearby homes. Fair value about $516K, median of 14 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Worth verifying
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$495kavg asking

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

1708-199 Richmond Street$499k3012-125 Peter Street$450k519-560 King Street$448k616-543 Richmond Street$538k6703-88 Harbour Street$539k

The 5 closest of 8 active listings nearby.

See all comparable homes
490kThis home499k450k448k538k539kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $595K
$892this home / sqft
52active listings nearby

This home lists 4% below the area average of $929/sqft.

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 128 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.

Niagara
$718K
Waterfront Communities C8
$1.24M
Church-Yonge Corridor
$590K
Mimico
$800K
Banbury-Don Mills
$500K

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
$2,233/mo
$103KIncome needed
4.8×Price ÷ income
$515Weekly 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 $2,233Property tax $209Condo fee $410Total carry $2,852

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)
$2,091per month

Mortgage amount $391,920 · 4.14% over 25 years

$97,980Down payment (20.0%)
$391,920Loan before insurance
$0CMHC premium
$2,711Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,091
Property tax
$209
Condo / maintenance fees
$410
Heating
$0
Estimated monthly cost
$2,711

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

One-time closing costs

Ontario land transfer tax
$6,273
Toronto municipal land transfer tax
$6,273
Estimated closing costs
$12,546

Plus your down payment of $97,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,540/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

$235,509Total interest paid
$627,429Total of all payments
Principal $391,920 Interest $235,509
YearPrincipalInterestBalance
1$9,181$15,916$382,739
2$9,565$15,532$373,173
3$9,965$15,132$363,208
4$10,382$14,715$352,825
5$10,817$14,281$342,009
6$11,269$13,828$330,740
7$11,740$13,357$318,999
8$12,231$12,866$306,768
9$12,743$12,354$294,025
10$13,276$11,821$280,749
11$13,831$11,266$266,917
12$14,410$10,687$252,507
13$15,013$10,084$237,494
14$15,641$9,456$221,854
15$16,295$8,802$205,559
16$16,977$8,121$188,582
17$17,687$7,411$170,896
18$18,426$6,671$152,469
19$19,197$5,900$133,272
20$20,000$5,097$113,272
21$20,837$4,260$92,435
22$21,708$3,389$70,727
23$22,616$2,481$48,110
24$23,562$1,535$24,548
25$24,548$549$0

At the end of your 5-year term

Total paid over the term
$125,486
Principal paid down
$49,911
Interest paid
$75,575
Balance remaining
$342,009

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
2.1%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.

4.2%
Gross yield
− Property tax $2,509− Condo fees $4,916− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,131

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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