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 concrete construction, this residence presents an exceptional opportunity offered at $818,000 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 1000-1199 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This is the one you've been waiting for! Rarely offered and incredibly unique, this sun-filled 2-storey corner suite offers the perfect blend of condo convenience and townhome-style living. Spanning 1,073 square feet across two levels, plus an impressive ~200 sq ft south-facing walkout terrace, this layout stands out from anything else in the building.The main level features 9-foot ceilings with generous space for both living and dining. Perfect for hosting friends or enjoying relaxed evenings at home. Large windows fill the space with natural light throughout the day. Step outside to your private terrace oasis, complete with water/electrical/gas hookups (BBQ included), making summer entertaining effortless. Upstairs, you'll find two sizeable bedrooms tucked away for privacy and comfort. With underground parking located directly beneath the unit and an unbeatable location just steps to The Well, Rogers Centre, Farm Boy, Stackt Market, and the waterfront, this is downtown living at its best. Opportunities like this don't come around often - don't miss your chance to call this one home.
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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 550 Front Street W 207, 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 $818,000 in Toronto, the legal minimum down payment is $56,800 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 $12,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12,835 also applies, bringing the total estimated land transfer taxes to $25,670.
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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.
