425 Front Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C8. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $488,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Assignment sale. Brand New condo located at the historic gateway of Front and Cherry St, the boundaries of nature and home are redefined. Where natural elements are complemented with contemporary design. Hand- scraped wood speaks to a rich heritage and a sublet palette creates an unparalleled sense of calm. First grocery store Marcheleo's Gourmet Marketplace in Canary District. It will bring fresh produce, groceries, coffee and ready-to-eat meals to the Downtown East. 9 ceilings, modern finishes, upscale built-in appliances & no carpet! South view with a lot of sunshine. Close to all amenities : shops, TTC, steps to distillery and waterfront. Future Ontario Relief Line & Corktown Station, Future GO line will unite Canary District to Downtown core & larger GTA in a minutes. Connect to future East Harbour Transit Hub. Cross street w/ biggest YMCA in town. Short walks to St. Lawrence Market & George Brown College, Easily access to Hwy DVP & Gardiner Express.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 425 Front Street E 1009, Toronto C08, ON M5A 1G9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $488,000 in Toronto, the legal minimum down payment is $24,400 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 $6,235 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,235 also applies, bringing the total estimated land transfer taxes to $12,470.
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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.
