1511-373 Front Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14098530

$539,000
For Sale
Just listed todayNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

FABULOUS CITY VIEW. EXCELLENT LOCATION. HIGH FLOOR. NICE LAYOUT. COMPLETE AMENITIES. 24 HRS CONCIERGE. STEP TO TTC. DIRECT STREET CAR TO SUBWAY STATION. WALK TO HARBOURFRONT. NEAR LAKE/LAKESHORE.OWNER OCCUPIED. WELL KEPT.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14098530
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
SPADINA / FRONT STREET
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$753/mo
Exposure
North West
Property tax
$2,524 / 2026
Listing brokerage
KW Living Realty

Rooms

KitchenMain2.40 × 2.35 m

modern kitchen · ceramic floor · open concept

DenMain2.17 × 2.17 m

Laminate

Dining RoomMain4.29 × 2.35 m

combined w/living · laminate · open concept

Primary BedroomMain3.64 × 3.00 m

his and hers closets · laminate

Living RoomMain4.29 × 3.38 m

combined w/dining · laminate

Our TakeTeam Asgarian · Broker
A small discount is typical
$522Klikely sale price

Listed at $539,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 281 local closings in 90 days), the likely sale price is near $522K, if it sells. A realistic range is $492K to $565K.

Independent value check: $496K. Without looking at the asking price, our model values the home itself about 8% below the ask (homes like it typically land between $462K and $521K).

Why $496K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $2,524 a year; the typical home sold here pays about $3,300.
  • ▼ Lowers itIt is 600 to 699 sq ft; the typical home sold here is 700 to 799.
List price
$492KBelow recent closings$565KAbove recent closings

Total price vs nearby homes. Likely closing about $522K, from 281 recent closings in this pocket.

The market behind the math:

281sold nearby · 90 days
$615Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
$2,800/moest. rent · 5 leases
6.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 69 condo apartment homes for sale in the area against 281 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 $830/sqft against an area asking average of $922/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 281 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $473K. Condition and finishes remain an in-person call.

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 ($830/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 4 homes sold in this building over the past 5 months, plus 1 nearby in Waterfront Communities C1, from 499 closings in Waterfront Communities C1.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$544kavg asking

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

Per square foot, these ask about $837/sqft; this home lists at $830/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
539kThis home540k535k550k525k568kThis home vs active comparables

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 · 0.5 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Oasis Alternative Secondary School · Public secondary0.6 km
ALPHA Alternative Junior School · Public elementary0.6 km
Ogden Junior Public School · Public elementary0.8 km · 69% at standard
The Waterfront School · Public elementary0.9 km · 74% at standard
St Mary Catholic School · Catholic elementary1.1 km · 64% at standard
Contact Alternative School School · Public secondary1.2 km
Ryerson Community School Junior Senior · Public elementary1.3 km · 52% at standard
Niagara Street Junior Public School · Public elementary1.3 km · 82% at standard
Heydon Park Secondary School · Public secondary1.4 km · 8% at standard
Beverley School · Public elementary1.5 km
Subway Academy II · Public secondary1.5 km
Charles G Fraser Junior Public School · Public elementary1.5 km · 74% at standard

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

Affordability & Mortgage

Affordability
$2,457/mo
$118KIncome needed
4.6×Price ÷ income
$567Weekly cost
$14,510Land 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.

72%mortgage
Mortgage $2,457Property tax $210Condo fee $753Total carry $3,420

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)
$2,384per month

Mortgage amount $431,200 · 4.49% over 25 years

$107,800Down payment (20.0%)
$431,200Loan before insurance
$0CMHC premium
$3,348Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,384
Property tax
$210
Condo / maintenance fees
$753
Heating
$0
Estimated monthly cost
$3,348

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

One-time closing costs

Ontario land transfer tax
$7,255
Toronto municipal land transfer tax
$7,255
Estimated closing costs
$14,510

Plus your down payment of $107,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,886/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

$284,054Total interest paid
$715,254Total of all payments
Principal $431,200 Interest $284,054
YearPrincipalInterestBalance
1$9,623$18,988$421,577
2$10,059$18,551$411,518
3$10,516$18,094$401,002
4$10,994$17,616$390,008
5$11,493$17,117$378,515
6$12,015$16,596$366,501
7$12,560$16,050$353,941
8$13,130$15,480$340,810
9$13,727$14,884$327,083
10$14,350$14,260$312,734
11$15,001$13,609$297,732
12$15,683$12,928$282,050
13$16,395$12,216$265,655
14$17,139$11,471$248,516
15$17,917$10,693$230,599
16$18,731$9,880$211,868
17$19,581$9,029$192,287
18$20,470$8,140$171,817
19$21,400$7,211$150,418
20$22,371$6,239$128,046
21$23,387$5,223$104,660
22$24,449$4,161$80,211
23$25,559$3,051$54,652
24$26,719$1,891$27,933
25$27,933$678$0

At the end of your 5-year term

Total paid over the term
$143,051
Principal paid down
$52,685
Interest paid
$90,366
Balance remaining
$378,515

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 5 whole-home leases in Waterfront Communities C1$2,800/mo
$33,600Gross annual rent
3.3%Cap rate after taxes and upkeep
$2,464 to $3,136Typical 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 5 whole-home leases in Waterfront Communities C1 signed at a median of $2,900 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,800. 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.

6.2%
Gross yield
− Property tax $2,524− Condo fees $9,035− Insurance $600− Vacancy & upkeep $3,696Net operating income $17,744

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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