1802-381 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13581916

$2,500/mo
For Lease
Listed 3 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Experience downtown living at its finest in this bright and modern 1 Bedroom + Den suite at the prestigious Apex at CityPlace. This well-designed unit features a functional open-concept layout, floor-to-ceiling windows, and a spacious den that's perfect for a home office or guest space. Enjoy world-class amenities including a fully equipped fitness centre, indoor pool, basketball court, party room, theatre, and 24-hour concierge. Steps to The Well, The Well Shops, The Bentway, Canoe Landing Park, Stackt Market, waterfront trails, Rogers Centre, CN Tower, Union Station, TTC, the Financial District, and countless restaurants and cafés. Easy access to the Gardiner Expressway. An exceptional opportunity to live in one of Toronto's most vibrant and convenient neighbourhoods. Includes 1 underground parking space.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13581916
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Spadina Ave & Front St W
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North West
Days on market
3
Listing brokerage
TRUSTWELL REALTY INC.

Rooms

KitchenMain9.97 × 6.07 m

Ceramic Floor

Primary BedroomMain3.08 × 3.05 m

broadloom · large window

Living RoomMain3.48 × 3.08 m

laminate · w/o to balcony · nw view

DenMain2.41 × 2.41 m

laminate · separate room

Dining RoomMain3.08 × 1.86 m

laminate · west view

Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,700/moest. value

Listed at $2,500/mo, this rental is about 7% below comparable rentals, worth a close look. 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 81 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 81 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 $2,700/mo
  • Adjusts to $2,700/mo

That comparable adjusts to $2,700/mo; the $2,700/mo estimate above is the median of all 81 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 Jean Lumb Public 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
$2,500/moBelow market$2,934/moAbove market

Total price vs nearby homes. Fair value about $2,700/mo, median of 81 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,740avg asking

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

2507-25 Capreol Court$2,6001123-400 King Street$2,6503611-81 Navy Wharf Court$2,7502608-35 Mariner Terrace$2,8003207-88 Harbour Street$2,900

The 5 closest of 8 active listings nearby.

See all comparable homes
2,500This home2,6002,6502,7502,8002,900This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
56active listings nearby
3days 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.

Niagara
$3K
Moss Park
$2K
Waterfront Communities C8
$2K
Bay Street Corridor
$2K
Church-Yonge Corridor
$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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $11Property tax $2Total carry $13

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11per month

Mortgage amount $2,000 · 4.14% over 25 years

$500Down payment (20.0%)
$2,000Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

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

One-time closing costs

Ontario land transfer tax
$13
Toronto municipal land transfer tax
$13
Estimated closing costs
$25

Plus your down payment of $500. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$13/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

$1,202Total interest paid
$3,202Total of all payments
Principal $2,000 Interest $1,202
YearPrincipalInterestBalance
1$47$81$1,953
2$49$79$1,904
3$51$77$1,853
4$53$75$1,800
5$55$73$1,745
6$58$71$1,688
7$60$68$1,628
8$62$66$1,565
9$65$63$1,500
10$68$60$1,433
11$71$57$1,362
12$74$55$1,289
13$77$51$1,212
14$80$48$1,132
15$83$45$1,049
16$87$41$962
17$90$38$872
18$94$34$778
19$98$30$680
20$102$26$578
21$106$22$472
22$111$17$361
23$115$13$246
24$120$8$125
25$125$3$0

At the end of your 5-year term

Total paid over the term
$640
Principal paid down
$255
Interest paid
$386
Balance remaining
$1,745

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 TRUSTWELL REALTY INC.. MLS®/PropTx.

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