550 Front Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium stucco (plaster) and other construction, this residence presents an exceptional opportunity offered at $899,900 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 2 Bathrooms
- Generous living space spanning 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
New Price! A house in the sky at Portland & Front. Suite 615 is perfectly laid out over 2-storeys, a dream floorplan for grown-up downtown living. Well managed midsize building with no elevator rush hours and a healthy proportion of owner-occupied suites. Come home to an 1106 sq ft exceptionally wide interior + large balcony overlooking a quiet courtyard. There are no pillars or columns getting in the way and no condo-sized furniture is needed - you can go full size on everything. Come home to a proper foyer and coat closet, ample space for both living and dining furnishings, a chef-friendly kitchen w/ bonus walk-in storage room, a coveted powder room for guests, and a double door walkout to a big balcony overlooking the courtyard. Impeccably updated with brand new honey wheat 5" plank engineered hardwood flooring throughout. Retire upstairs to 2 adult-sized bedrooms with king bed proportions, an open den / exercise area, and an extravagantly renovated spa getaway bathroom. Convenient laundry access upstairs as well. Freshly painted top to bottom. Abundant storage everywhere. Straddling King West and the Lake, with the Well just steps away, you could hardly be better situated to live your best life downtown.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 550 Front Street W 615, Toronto C01, ON M5V 3N5
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 $899,900 in Toronto, the legal minimum down payment is $64,990 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 $14,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,473 also applies, bringing the total estimated land transfer taxes to $28,946.
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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.
