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Condo for Sale in Downtown Toronto
Popular Listing- 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
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.
Estimate your monthly payments for this property
Estimated Payment
$2,457.52/mo
Includes CMHC insurance ($13,364)
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.
560 Front Street Unit 1232, 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
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.