$5,800/mo - 480 Front Street Unit GPH14, Downtown Toronto
Condo for Rent in Downtown Toronto
New — Listed yesterdayNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13788890
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- JDL REALTY INC.
Live Above It All - Rare Grand Penthouse at The Well with CN Tower Views. Welcome to GPH14, a rarely available three-bedroom Grand Penthouse at The Well by Tridel - an exceptional address in the heart of Toronto. This luxury residence is thoughtfully designed with the quality, craftsmanship and attention to detail associated with Tridel. Positioned on a coveted south-east corner, soaring 10-foot ceilings and floor-to-ceiling windows fill the home with natural light while framing panoramic views of Lake Ontario and the CN Tower - from shimmering daytime water views to a glittering city skyline after dark. The open-concept living and dining areas are ideal for everyday living and entertaining. The designer kitchen features built-in Miele appliances, sleek quartz surfaces and refined contemporary finishes, with meticulous attention to detail throughout. Residents enjoy an impressive collection of resort-inspired amenities, including a rooftop pool, state-of-the-art fitness centre, party and private dining rooms, media lounge, games room, outdoor terrace with BBQs, sun deck and 24-hour concierge. The Well's vibrant retail promenade offers premier shopping, destination dining, bars, Shoppers Drug Mart, Indigo and a gourmet food market just steps away. Enjoy exceptional connectivity, with approximately a 10-minute walk to the Financial District, 5 minutes to the waterfront and 15 minutes to Union Station. Rogers Centre, the CN Tower, transit, and Toronto's Entertainment and Financial Districts are all within easy reach.GPH14 offers a rare opportunity to own a true Grand Penthouse at The Well - where soaring ceilings, abundant natural light, panoramic lake and skyline views, exceptional interiors and outstanding amenities come together. Come for the view. Stay for the lifestyle.
Discover Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
480 Front Street Unit GPH14, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $5,800/mo, this is asking above the typical 3-bedroom rent of ~$3,500/mo in Downtown Toronto. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.