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New2 hours ago

809 - 560 Front Street W

Waterfront Communities C1, Toronto

$575,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

Welcome to The Reve Condos at 560 Front St W, a boutique Tridel building perfectly situated in Toronto's sought-after King West/Waterfront Communities C1. This beautifully appointed 1-bedroom, 1-bathroom suites offered fully furnished and presents an excellent opportunity for both end users and investors, with the building being Airbnb-friendly. The bright open-concept layout features a spacious living and dining area, contemporary finishes, and large windows that fill the suite with natural light. The turnkey furnished setup makes this an ideal move-in-ready home, pied-à-terre, or income-producing investment. Enjoy exceptional convenience with The Well, King West, CN Tower, Rogers Centre, TTC, restaurants, cafés, nightlife, parks, and the waterfront all just steps away. The building offers 24-hour concierge service and excellent amenities including a fitness Centre, sauna, party room, guest suites, billiards, visitor parking, and a spectacular rooftop terrace with city views. A fantastic opportunity to own a fully furnished condo in one of downtown Toronto's most desirable and walkable neighborhoods, with the added flexibility of an Airbnb-friendly building.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$447
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,262
mls© NumberC13700112
Listed ByRE/MAX GOLD REALTY INC.
Common Elements Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,943
Property tax
$189
Heat allowance
$150
Condo fees, half counted
$224
Housing costs
$3,505 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $115,000
25-yr amortization

Income needed

$108,000

gross annual household income

Payment at 4%
$2,420 / mo
Cash down
$115,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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