480 Front St W 1412
Waterfront Communities C1, Downtown Toronto, M5V 0V5
FOR SALE
$915,000
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BEDROOMS1
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Property Description
Tridel's The Well Classic Series. Bright, sunny, 1-bed suite, 558 sq ft, 14th Floor, walk-out balcony. Beautiful East View where you can see CN Tower as well as lakeview. Premium unit with great layout. New custom blinds. This highly sought-after condo is located in the heart of Toronto's Fashion District at Front Street W and Spadina Avenue. The Fashion District is a vibrant, cultural downtown neighbourhood. Other popular city neighbourhoods are also located nearby including lively King West, Entertainment District, and Financial District. Great investment property. This area is in hot demand for professionals with its proximity to major employment hubs, major city attractions and plenty of transit options making it easy for residents to get around the city, and will bring in premium rental income for investors.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-01-17 | 2024-02-20 | 34 | $3,150 | - | Terminated |
Extras
Tridel Connect, Smart Home Technology.
Nearby Intersections
Front & Spadina (246)
Spadina & Fort York (130)
King & Bathurst (363)
Bathurst & Fort York (155)
Bathurst & Lakeshore (268)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,942 (2024)
Basement
None
Exterior
Concrete
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 9.09' x 10.60' | , Separate Rm, Large Closet |
| Living | Flat | 10.07' x 10.93' | W/O To Balcony, Combined W/Dining, Window Flr To Ceil |
| Dining | Flat | 10.07' x 10.17' | B/I Appliances, Combined W/Kitchen |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
480 Front St W 1412 is a 1-bedroom 1-bathroom condo listed for sale at $915,000, which is $312,702 (51.9%) higher than the average sold price of $602,298 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $90 (0.0%) compared to the previous 30 day period (March 2 - March 31) and down $26,238 (4.2%) from the same time one year ago.Inventory Change
There were 1,797 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 38.1% compared with the previous 30 day period (March 2 - March 31) and up 73.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,081) (1.3%) below asking price over the last 30 days (April 1 - April 30), which represents a $2,791 increase compared to the previous 30 day period (March 2 - March 31) and ($2,921) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (April 1 - April 30) stood at 39.1%, down from 44.3% over the previous 30 days (March 2 - March 31) and down from 74.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (April 1 - April 30), compared to 44 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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