$1,149,990 - 470 Front Street Unit 2206, Downtown Toronto
Condo for Sale in Downtown Toronto
83 days on market- MLS Number
- C12929116
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY ENTERPRISES INC.
A landmark 7.8-acre master-planned community by Tridel, The Well has quickly become the centre of gravity for downtown living. Spanning approximately 3 million sq.ft., it brings together residential, office, and retail into one seamless environment. This is one of the most significant developments ever completed in the city and has set a new standard for how people live downtown. Positioned at the intersection of King West, the Financial District, and the waterfront, the location puts you directly in the core of everything. Walk to work, step into the city's best restaurants and fitness clubs, or access transit and major highways within minutes. The retail promenade below, anchored by Wellington Market, delivers a level of convenience and daily energy that is difficult to replicate anywhere else in Toronto. This corner two-bedroom, two-bath suite features a functional split layout with strong natural light and clean, modern finishes. The kitchen offers full-size appliances, ample storage, and a custom built-in pantry. Custom closet organizers further enhance the space with practical, well-executed upgrades. A well-sized balcony extends the living space outdoors, ideal for both daily use and entertaining, while the parking space has been upgraded to support EV charging. Residents enjoy a full suite of amenities including a fully equipped fitness centre, concierge, party room, and a standout outdoor pool that elevates the entire lifestyle experience, along with thoughtfully designed shared spaces throughout. A rare opportunity to own in one of Toronto's most important new communities, where location, scale, and long-term value come together.
Estimate your monthly payments for this property
Estimated Payment
$5,086.79/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
470 Front Street Unit 2206, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1437/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.