5 days on Market

550 Front St #602, Toronto, Ontario M5V 3N5

In the same building:
-
Condo
1 + 1
1
~800-899 sqft
$749,000
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Condo
1 + 1
1
~800-899 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$885/sqft

Est. Mortgage$3,217/mo

Maintenance fees$940/mo

Tax Amount (2024)$3,090/yr

Days On Market5 days


Description

In search of a generously-sized unit at an excellent price in downtown? Your search ends here. Introducing 550 Front St W Unit 602. This expansive, well-lit south-facing condominium is nestled in the heart of downtown, just 250 meters from the Well building. Enjoy stunning, unobstructed views of the CN Tower and Rogers Centre from the patio. The unit boasts a vast open-concept floor plan, originally designed as a two-bedroom but easily convertible to accommodate a second bedroom. Revel in the character of exposed brick veneer walls and hardwood floors. With 9-foot ceilings and ensuite laundry, this unit stands as one of the larger options available, offering over 800 sqft. Steps to everything including grocery, restaurants, subway & streetcar, theatres, veterinary, parks, and much more. Green P underground parking located in bottom of building.


Property Details

StyleApartment
View-
Age of property-
SqFt~800-899 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC11915732
Community NameEntertainment District
Data SourceTRREB
Listing byCOLDWELL BANKER RONAN REALTY

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Kitchen

3.00 x 2.50

Hardwood Floor / Breakfast Bar / Open Concept

Dining

2.60 x 2.80

Hardwood Floor / Window / Open Concept

Living

4.25 x 4.80

Hardwood Floor / W/O To Balcony / Open Concept

Prim Bdrm

4.00 x 3.80

Broadloom / Window / Closet


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


6Story
Amenities

Exercise Room, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 9, 2025
ListedActive
$749,000
5 days on market
history photo preview33
Listing by trreb®
Property listed by COLDWELL BANKER RONAN REALTY, Brokerage

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Market Data - Entertainment District

Geo Zone Map ThumbnailEntertainment District

Strong Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

51 days

2023

33 days

2022

30 days

New Listings

Past 30 days

390 listings

Compared to

2024

288 listings

2023

191 listings

2022

81 listings

Units sold

Past 30 days

31 units

Compared to

2024

47 units

2023

26 units

2022

89 units

Median Sold Price

Past 30 days

$730,000

Compared to

2024

$688,000

2023

$644,950

2022

$735,000


Population and Demographics

Overview

Total population 32132
Average household income $172,021

Age (%)

20 to 34
57%
35 to 49
22%
50 to 64
9%
0 to 19
7%
65 and plus
5%

Household composition (%)

Single person
57%
Single family
32%
Multi person
11%
Multi family
0%

Mother tongue (%)

English
63%
Mandarin
10%
Yue (Cantonese)
4%
Spanish
3%
French
3%
Russian
2%
Arabic
2%
Hindi
2%
Korean
1%
Iranian Persian
1%
Others
1%

House tenancy (%)

Renters
61%
Owners
39%

Schools and amenities

Estimated Budget