3 hours on Market

397 Front St #210, Toronto, Ontario M5V 3S1

In the same building:
-
Condo
1 + 1
1
~500-599 sqft
$485,000
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Condo
1 + 1
1
~500-599 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$890/sqft

Est. Mortgage$2,083/mo

Maintenance fees$525/mo

Tax Amount (2024)$1,946/yr

Days On Market3 hours


Description

Imagine this: a one bedroom CityPlace condo (-stay with me-) WITH a true den for under $500k? It exists here and offers are anytime! * Unlike your standard bowling alley style condo, this one has a square footprint which gives it better than typical flow plus its brighter with huge floor to ceiling, wall to wall windows looking out onto a broad city view instead of having a view of the condo building next door * Annnnnnd the 10 ceilings make the space feel positively voluminous - this is not your one bedroom shoebox * And you get a den that's an actual den, not a niche in a wall, which means you can put your home office here or a pullout couch for guests to visit * The amenities? You never have to leave the building: mega party room with BBQs overlooking the CN Tower & Rogers Centre, solid gym, theatre, indoor basketball court & lap swimming pool with hot tub, 24 hour concierge, guest suite & visitor parking * Steps to Harbourfront, CN Tower, The Well, the underground PATH, shops & restaurants & you're right in front of the streetcar to Union Station & Spadina subway * If you're a driver, hop right onto Lake Shore & the Gardiner * As if that weren't enough, your fees are very reasonable as they include your parking, heat, hydro & water * Get this one while you can - start your home ownership adventure: why pay your landlords mortgage instead of building your own wealth?! Renting downtown? That'll cost you $270,000+ over 10 years, with nothing to show for it. Owning this unit? You will be up to $135,000 in equity by 2035. Now is the time to make the leap!


Property Details

Style1 Storey/Apt
View-
Age of property-
SqFt~500-599 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC12155831
Community NameCityplace
Data SourceTRREB
Listing byREAL BROKER ONTARIO LTD.

Features

Heating: Fan Coil
Cooling: Central Air

Main Floor

Foyer

0.9 x 3.5

Tile Floor / Closet

Den

1.7 x 2.5

Hardwood Floor

Bathroom

3.4 x 1.5

Tile Floor / 4 Pc Bath

Br

3.4 x 2.8

hardwood floor / Double Closet


2Story
Amenities

Guest Suites, Indoor Pool, Media Room, Sauna, Visitor Parking, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

May 17, 2025
ListedActive
$485,000
3 hours on market
history photo preview35
Listing by trreb®
Property listed by REAL BROKER ONTARIO LTD., Brokerage

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Market Data - Cityplace

Geo Zone Map ThumbnailCityplace

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

44 days

Compared to

2024

22 days

2023

17 days

2022

9 days

New Listings

Past 30 days

72 listings

Compared to

2024

110 listings

2023

57 listings

2022

73 listings

Units sold

Past 30 days

17 units

Compared to

2024

44 units

2023

26 units

2022

34 units

Median Sold Price

Past 30 days

$705,000

Compared to

2024

$665,000

2023

$680,000

2022

$751,400


Population and Demographics

Overview

Total population 6275
Average household income $142,715

Age (%)

20 to 34
54%
35 to 49
24%
0 to 19
9%
50 to 64
8%
65 and plus
5%

Household composition (%)

Single person
49%
Single family
38%
Multi person
13%
Multi family
0%

Mother tongue (%)

English
60%
Mandarin
9%
Yue (Cantonese)
5%
Spanish
4%
Hindi
4%
French
3%
Arabic
3%
Russian
2%
Iranian Persian
2%
Others
0%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget