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Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $425,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Imagine this: a one bedroom CityPlace condo (-stay with me-) WITH a true den for under $500k? It exists here and offers are anytime! * Unlike your standard bowling alley style condo, this one has a square footprint which gives it better than typical flow plus its brighter with huge floor to ceiling, wall to wall windows looking out onto a broad city view instead of having a view of the condo building next door * Annnnnnd the 10 ceilings make the space feel positively voluminous - this is not your one bedroom shoebox * And you get a den that's an actual den, not a niche in a wall, which means you can put your home office here or a pullout couch for guests to visit * The amenities? You never have to leave the building: mega party room with BBQs overlooking the CN Tower & Rogers Centre, solid gym, theatre, indoor basketball court & lap swimming pool with hot tub, 24 hour concierge, guest suite & visitor parking * Steps to Harbourfront, CN Tower, The Well, the underground PATH, shops & restaurants & you're right in front of the streetcar to Union Station & Spadina subway * If you're a driver, hop right onto Lake Shore & the Gardiner * As if that weren't enough, your fees are very reasonable as they include your parking, heat, hydro & water * Get this one while you can - start your home ownership adventure: why pay your landlords mortgage instead of building your own wealth?! Renting downtown? That'll cost you $270,000+ over 10 years, with nothing to show for it. Owning this unit? You will be up to $135,000 in equity by 2035. Now is the time to make the leap!
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This could be the first listing for this address.
Data-driven valuation for 397 Front Street W 210, Toronto C01, ON M5V 3S1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $425,000 in Toronto, the legal minimum down payment is $21,250 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,975 also applies, bringing the total estimated land transfer taxes to $9,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.