560 Front Street Unit 1232, Toronto C01

Price: $479,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13246444

Welcome to Suite 1232 at The Reve, a luxurious condo by Tridel. Located in the heart of Toronto's vibrant King West neighbourhood, this unit is just steps away from The Well, STACKT Market and Billy Bishop Airport. This boutique building offers state-of-the-art amenities, including a gym, sauna, media room, party/meeting room, game room, home theatre, and a rooftop terrace. The beautiful, freshly painted, one-bedroom suite features a modern kitchen with granite countertops and a brand new stove, floor-to-ceiling windows, and impeccable finishes throughout. Enjoy quick access to the rooftop terrace located on the twelfth floor, where you can take in stunning views of the city. With a Walk Score of 95 and a Transit Score of 100, this location is ideal for anyone looking for the ultimate downtown lifestyle. Walk to shops, restaurants, and entertainment, including popular spots like Gusto 101, Anejo, and Maxime's. Nearby Wellington Victoria Park offers a serene green space for relaxation. Easy access to highways and transit makes commuting a breeze. Photos are from a previous listing and reflect the unit when professionally staged. Unit is currently tenanted.

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$479,000 - 560 Front Street Unit 1232, Downtown Toronto

Condo for Sale in Downtown Toronto

Popular Listing
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13246444
Property Type
Condo
Status
active
Days on Site
12
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Downtown Toronto / Waterfront
Lot Size
34,423 sqft
Locker
None
Exposure
West
Balcony
None
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to Suite 1232 at The Reve, a luxurious condo by Tridel. Located in the heart of Toronto's vibrant King West neighbourhood, this unit is just steps away from The Well, STACKT Market and Billy Bishop Airport. This boutique building offers state-of-the-art amenities, including a gym, sauna, media room, party/meeting room, game room, home theatre, and a rooftop terrace. The beautiful, freshly painted, one-bedroom suite features a modern kitchen with granite countertops and a brand new stove, floor-to-ceiling windows, and impeccable finishes throughout. Enjoy quick access to the rooftop terrace located on the twelfth floor, where you can take in stunning views of the city. With a Walk Score of 95 and a Transit Score of 100, this location is ideal for anyone looking for the ultimate downtown lifestyle. Walk to shops, restaurants, and entertainment, including popular spots like Gusto 101, Anejo, and Maxime's. Nearby Wellington Victoria Park offers a serene green space for relaxation. Easy access to highways and transit makes commuting a breeze. Photos are from a previous listing and reflect the unit when professionally staged. Unit is currently tenanted.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

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5%10%50%

5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

560 Front Street Unit 1232, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$1,036

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $958/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 500 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.

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.

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    560 Front Street Unit 1232 | $479,000 | Battaglia Team