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              #1812 397 Front St W

              near Front/Spadina
              $658,000 1+1bdr • 1ba • 1kit • 600-699sf
              Average Income
              $89,771
              Population Age
              35 y/old
              School Score
              7.35/10
              Price Index Change 1y
              +5.86%
              Price Index Change 3y
              +28.66%
              Rent Index Change 1y
              -9.99%
              Rent Index Change 3y
              +1.84%

              Condo Apt • Apartment #1812 • 15 Level

              #1812 397 Front St W, Waterfront Communities C1, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 600-699
              • garage 1.0 Undergrnd
              • exposure S
              • age n/a
              • locker None
              • possession

                Immediate

              $658,000

              $2,218.90
              Tax yr: 2020

              $535.70/m

              CALCULATED NUMBERS:

              $2469.00

              calculator

              $2113

              3

              94 Walker's Paradise

              100 Rider's Paradise

              90 Biker's Paradise

              7.35/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C1

              • Front/Spadina

              • M5V3S1

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              TAZA REAL ESTATE, BROKERAGE

              Property Overview
              Rarely Offered Beautiful, Bright & Spacious One Bedroom+Livable Den (Can Be 2 Bed) In One Of The Most Sophisticated Buildings & Prime Locations Downtown! Live In Complete Luxury & Enjoy Oversized Living, Granite Breakfast Bar, Floor To Ceiling Windows, Breathtaking Panoramic Lake/Cn Tower South Views+Top Of The Line Amenities!! Steps To Union Station, Entertainment/Financial District, Rogers Centre, Ttc, Gardiner Expy, Waterfront, Restaurants, & Much More!
              Extras: Fridge, Stove, B/I Dishwasher, B/I Microwave, Custom Closet, Washer/Dryer, All Elf's+ Utilities Included!! *Goldmine Location -"The Well" Opening Across The Street + Within Walking Distance Of Two Brand New Elementary Schools!
              Property Features
              • Park
              • Public Transit
              • Concrete
              • Car Wash
              • Concierge
              • Indoor Pool
              • Recreation Room
              • Sauna
              • Visitor Parking
              • Common Elements Included
              • Condo Taxes Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Fireplace/Stove
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Combined W/Dining
              • South View
              • Size 3.11x3.97
              Dining
              • Flat Level
              • Combined W/Living
              • South View
              • Size 3.11x3.97
              Kitchen
              • Flat Level
              • Open Concept
              • Double Sink
              • Size 3.97x2.41
              Master
              • Flat Level
              • Hardwood Floor
              • South View
              • Size 3.72x3.16
              Den
              • Flat Level
              • Hardwood Floor
              • Open Concept
              • Size 2.34x2.75
              Basement
              • None
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              • Listing added to site: 2020-11-20 00:25:36
              • Last updated: 2020-11-20 00:25:35
              • Photos updated: 2020-11-19
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              1812 397 Front St W is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near Front/Spadina, and has been available for sale on CondosDirect since 2020-11-20. This unit is located at level 15 of the building and has South exposure of Front W St. Condo registry office is TSCC, corporation number 1517.

              Lot Size and Living Area:

              1812 397 Front St W has 4+1 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 600-699 square feet.
              1.0 parking space(s) are owned and located undergrnd at level . An ensuite laundry is available at the unit.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Park, Public Transit at, or near the property.
              AIDA has also found the following features: Motivated Seller Indications, Waterfront/Near a Lake, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              1812 397 Front St W condo apt is listed for $658,000. Property tax for year 2020 was $2,219. And the monthly maintenance fee was $536.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $611,560.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,469, and total expenses, including the mortgage, property tax and maintenance, fee around $2,698, assuming $658,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1812 397 Front St W, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C1, where 397 Front St W is located, has $786,126 Home Price Index, and $2,379 Home Rent Index. Average household income at dissemination area of 397 Front St W is $89,771, and average polulation age is 35 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,864, and average Home Rent Index $2,567.

              Similar Properties & Community Details:

              There are similar to 1812 397 Front St W 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 397 Front St W.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 397 Front St W, or schools, which boundaries this address belongs to with an average School Score 7.35 out of 10. Here are more details about these schools:
              1. Ryerson Community School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Harbord Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 94, 100, and 90 accordingly, location of 397 Front St W overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              1812 397 Front St W Listings History Powered by AIDA
              Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (95 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 94 to 115 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
              Seasonal sales fluctuation is showing 10% inventory increase comparing to the average annual number, which is equvalent to 95.25 properties sold per month, and 2% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 16 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 23% D.O.M. increase comparing to the average annual number, which is equvalent to 18 D.O.M., and 13% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Waterfront Communities C1.
              The selling to asking price ratio is declining in Waterfront Communities C1.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4995051 Comparative Market Analysis
              1812 397 Front St W Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +5.86% comparig to the City of Toronto average of +12.835%

              Price Index 3y

              Price Index change was +28.66% comparig to the City of Toronto average of +5.525%

              Rent Index 1y

              Rent Index change was -9.99% comparig to the City of Toronto average of +2.81%

              Rent Index 3y

              Rent Index change was +28.66% comparig to the City of Toronto average of +5.525%

              Walkscore

              Walkscore 94 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.35 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,000 Cashback
              $599,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,068

              Condo Fee

              $437

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              90

              Compare$613,828

              $9,900 Cashback
              $659,900
              1+1br 1ba 500-599sf

              Prop Tax

              $2,470

              Condo Fee

              $492

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              98

              Compare n/a

              $9,100 Cashback
              $609,900
              1br 1ba 500-599sf

              Prop Tax

              $2,128

              Condo Fee

              $355

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$555,234

              $8,600 Cashback
              $570,000
              1br 1ba 500-599sf

              Prop Tax

              $2,188

              Condo Fee

              $342

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$582,593

              $8,600 Cashback
              $574,900
              1br 1ba 600-699sf

              Prop Tax

              $2,458

              Condo Fee

              $377

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$615,565

              $9,500 Cashback
              $635,000
              1+1br 2ba 700-799sf

              Prop Tax

              $2,434

              Condo Fee

              $408

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              92

              Compare$627,417

              $9,200 Cashback
              $614,900
              1br 1ba 600-699sf

              Prop Tax

              $2,386

              Condo Fee

              $576

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              57

              Compare n/a

              $9,200 Cashback
              $615,000
              1+1br 1ba 500-599sf

              Prop Tax

              $n/a

              Condo Fee

              $n/a

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              80

              Compare$562,055

              $8,200 Cashback
              $548,000
              1br 1ba 600-699sf

              Prop Tax

              $2,304

              Condo Fee

              $557

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              40

              Compare$595,759

              $10,900 Cashback
              $729,900
              1+1br 1ba 700-799sf

              Prop Tax

              $3,130

              Condo Fee

              $726

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              98

              Compare$737,882

              $10,500 Cashback
              $699,900
              1+1br 1ba 700-799sf

              Prop Tax

              $3,196

              Condo Fee

              $606

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              87

              Compare$746,039

              $11,800 Cashback
              $788,000
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              Prop Tax

              $2,938

              Condo Fee

              $462

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              0

              Compare$772,550

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