911-397 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14097034

$829,000
For Sale
Just listed todayNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Well maintained and bright 2 bedroom + den & 2 full bathrooms in the Apex complex.
  • Open concept living & dining area with floor to ceiling windows, walkout to the balcony and beautiful south views of the city.
  • Updated kitchen with stainless steel appliances overlooking the living area; primary bedroom with 1x4pc. ensuite.
  • In addition, the unit includes one locker and one underground parking space in the complex.
  • Enjoy the access to a wide range of building amenities: basketball court, exercise room, indoor pool, sauna, spa & salon; meeting & party rooms; theatre room, outdoor...

Great layout! Well maintained and bright 2 bedroom + den & 2 full bathrooms in the Apex complex. Featuring a rare split-bedroom layout with windows in both bedrooms! The two bedrooms are positioned at opposite ends of the unit for complete privacy and a separate large den, perfect for home office. Open concept living & dining area with floor to ceiling windows, walkout to the balcony and beautiful south views of the city. Updated kitchen with stainless steel appliances overlooking the living area; primary bedroom with 1x4pc. ensuite. All utilities are included in the maintenance fees. In addition, the unit includes one locker and one underground parking space in the complex. Enjoy the access to a wide range of building amenities: basketball court, exercise room, indoor pool, sauna, spa & salon; meeting & party rooms; theatre room, outdoor patio and barbecues; guest suites, 2 EV charging stations; visitor parking and onsite concierge. Transit at your door,steps from Union Station/GO transit and walking distance to Rogers Centre, CN Tower and Scotia Bank Area. Perfectly situated at Front St. & Spadina Ave., this location offers the best of Toronto, within close proximity to all the trendy restaurants andboutiques of King St. W & Queen St W, the scenic trails of the Harbourfront and convenient access to the Gardiner Expressway. Do not miss out!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14097034
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
900-999 sq ft
Cross streets
Front St W & Spadina Ave
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$893/mo
Exposure
South
Property tax
$3,660 / 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

BathroomMain1.51 × 3.42 m

4 pc bath · ceramic floor · combined w/laundry

KitchenMain2.52 × 2.36 m

stainless steel appl · ceramic floor · overlooks living

DenMain2.46 × 2.66 m

separate room · laminate

Primary BedroomMain2.80 × 3.39 m

4 pc bath · laminate · mirrored closet

Living RoomMain3.78 × 5.30 m

open concept · window floor to ceiling · south view

Bedroom 2Main2.94 × 3.55 m

south view · window floor to ceiling · mirrored closet

Dining RoomMain3.78 × 5.30 m

combined w/living · laminate · open concept

Our TakeTeam Asgarian · Broker
A small discount is typical
$804Klikely sale price

Listed at $829,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 280 local closings in 90 days), the likely sale price is near $804K, if it sells. A realistic range is $757K to $869K.

Independent value check: $748K. Without looking at the asking price, our model values the home itself about 10% below the ask (homes like it typically land between $696K and $786K).

Why $748K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises it strongly2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $3,660 a year; the typical home sold here pays about $3,300.
List price
$757KBelow recent closings$869KAbove recent closings

Total price vs nearby homes. Likely closing about $804K, from 280 recent closings in this pocket.

The market behind the math:

280sold nearby · 90 days
$617Kmedian sold price
96%of asking, on average
+14%prices vs a year ago
~29 dayshomes like this take to sell
$3,625/moest. rent · 289 leases
5.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.4 months of inventory: 38 condo apartment homes for sale in the area against 280 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $873/sqft against an area asking average of $1,001/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 280 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $670K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($873/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 280 comparable homes that sold in Waterfront Communities C1 over the past two years, from 514 closings there.

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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.

Church-Yonge Corridor
$659K
Bay Street Corridor
$479K
Waterfront Communities C8
$570K
Moss Park
$633K
Mount Pleasant West
$639K

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
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.5 km
ALPHA Alternative Junior School · Public elementary0.5 km
The Waterfront School · Public elementary0.8 km · 74% at standard
Ogden Junior Public School · Public elementary0.8 km · 69% at standard
St Mary Catholic School · Catholic elementary1.0 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.2 km · 82% at standard
Ryerson Community School Junior Senior · Public elementary1.2 km · 52% at standard
Contact Alternative School School · Public secondary1.3 km
Heydon Park Secondary School · Public secondary1.4 km · 8% at standard
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard
Beverley School · Public elementary1.5 km
Subway Academy II · Public secondary1.5 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,778/mo
$174KIncome needed
4.8×Price ÷ income
$872Weekly cost
$26,110Land transfer tax, one-time (Ontario + Toronto)
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 $3,778Property tax $305Condo fee $893Total carry $4,976

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,667per month

Mortgage amount $663,200 · 4.49% over 25 years

$165,800Down payment (20.0%)
$663,200Loan before insurance
$0CMHC premium
$4,865Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,667
Property tax
$305
Condo / maintenance fees
$893
Heating
$0
Estimated monthly cost
$4,865

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

One-time closing costs

Ontario land transfer tax
$13,055
Toronto municipal land transfer tax
$13,055
Estimated closing costs
$26,110

Plus your down payment of $165,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,438/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

$436,884Total interest paid
$1,100,084Total of all payments
Principal $663,200 Interest $436,884
YearPrincipalInterestBalance
1$14,800$29,204$648,400
2$15,472$28,532$632,928
3$16,174$27,829$616,754
4$16,909$27,095$599,846
5$17,676$26,327$582,169
6$18,479$25,524$563,690
7$19,318$24,685$544,372
8$20,195$23,808$524,177
9$21,112$22,891$503,065
10$22,071$21,933$480,995
11$23,073$20,931$457,922
12$24,120$19,883$433,802
13$25,215$18,788$408,586
14$26,360$17,643$382,226
15$27,557$16,446$354,669
16$28,808$15,195$325,861
17$30,116$13,887$295,744
18$31,484$12,520$264,261
19$32,913$11,090$231,347
20$34,408$9,596$196,940
21$35,970$8,033$160,970
22$37,603$6,400$123,367
23$39,310$4,693$84,056
24$41,095$2,908$42,961
25$42,961$1,042$0

At the end of your 5-year term

Total paid over the term
$220,017
Principal paid down
$81,031
Interest paid
$138,986
Balance remaining
$582,169

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
From 289 whole-home leases in Waterfront Communities C1$3,625/mo
$43,500Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,444 to $3,851Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 289 whole-home leases in Waterfront Communities C1 signed at a median of $3,106 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,625. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.2%
Gross yield
− Property tax $3,660− Condo fees $10,713− Insurance $600− Vacancy & upkeep $4,785Net operating income $23,742

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

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