2402-10 Queens Quay, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C12945888

$1,279,000
For Sale
Listed 111 days ago
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◎ Directions
3Bedrooms
2Bathrooms
1Parking
1000-1199Sq Ft
3 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Completely And Masterfully Renovated, Sprawling South Facing 2 Bedroom Plus Den 2 Full Baths Perched On The 24th Floor - Welcome To A Truly One Of A Kind Living Experience In The Heart Of Downtown Toronto. Immaculately Curated Design And Functionality Overlooking Lake Ontario Tranquility, Situated Steps From The Action And Amenities Toronto Offers. Gourmet Chefs Kitchen Feats Open Concept, Ample Storage, Quartz Counters/Backsplash, B/I Appliances And Breakfast Bar. Bathrooms Emit Luxury And Hotel-Like Comfort. Functional Den, Large Bedrooms And Living Space. Brand New, Full Size Appliances. Brand New White Oak Hardwood Floors. Rarely Offered Combination Of Size, Protected Lake View, Location And Of Course Designer Calibre Renovation. You Have To See This One To Truly Conceptualize The Lifestyle. Well Managed And Respected Building, See List Of Amenities. Grocery On Ground Floor. TTC Transit At Your Doorstep. 10/10 Walkability. Maint Fees All Inclusive!!! Never Lived In Since Renovation; Like New! Sunrise & Sunset Views Over The Lake. W/I Closet In Primary Bed. Both Beds Have Windows! All Brand New High Efficiency Full Size Appliances. Parking Spot And Locker Incl. **EXTRAS** Golf simulator being added to amenities! , Guest suites and Indoor Pool

Key facts

Property type
Condo Apartment, Apartment
MLS®
C12945888
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1000-1199
Cross streets
Queens Quay & Yonge St
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$1,703/mo
Exposure
South
Property tax
$4,351 / 2025
Days on market
111
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomMain0.00 × 0.00 m

4 pc ensuite · overlook water · walk-in closet(s)

DenMain0.00 × 0.00 m

open concept · hardwood floor

Living RoomMain0.00 × 0.00 m

large window · overlook water · hardwood floor

Bedroom 2Main0.00 × 0.00 m

large window · overlook water · hardwood floor

KitchenMain0.00 × 0.00 m

modern kitchen · quartz counter · breakfast bar

Dining RoomMain0.00 × 0.00 m

combined w/living · open concept · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Above comparables
$975Kest. value

Listed at $1,279,000, this home is about 31% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, sellers have been getting about 97% of asking and homes sell in about 34 days.

Based on 95 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 95 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $797K, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $1.25M
  • Bedrooms +$30K
  • Adjusts to $1.28M

That comparable adjusts to $1.28M; the $975K estimate above is the median of all 95 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Island Public/Natural Science School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Queens Quay W at Bay St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$927KGreat deal$1.28MOverpriced

Total price vs nearby homes. Fair value about $975K, median of 95 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Value driver
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.18Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

309-35 Mariner Terrace$1.25M4506-327 King Street$1.11M1903-480 Front Street$1.57M325-30 Nelson Street$1.05M1105-361 Front Street$899k

The 5 closest of 8 active listings nearby.

See all comparable homes
1.28MThis home1.25M1.11M1.57M1.05M899kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $898K
$1,163this home / sqft
20active listings nearby
111days on market
100sold nearby · 90 days
$650Kmedian sold price
97%of asking, on average

This home lists 18% above the area average of $983/sqft.

110 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

100/ 100

Walker's ParadiseA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Queens Quay W at Bay St, about 31 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$985K
Church-Yonge Corridor
$569K
Niagara
$696K
Annex
$513K
Mount Pleasant West
$788K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Island Public/Natural Science School
78%
Island Public/Natural Science SchoolPublic · Elementary · 2.9 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$5,829/mo
$268KIncome needed
4.8×Price ÷ income
$1,345Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

74%mortgage
Mortgage $5,829Property tax $363Condo fee $1,703Total carry $7,895

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,460per month

Mortgage amount $1,023,200 · 4.14% over 25 years

$255,800Down payment (20.0%)
$1,023,200Loan before insurance
$0CMHC premium
$7,526Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,460
Property tax
$363
Condo / maintenance fees
$1,703
Heating
$0
Estimated monthly cost
$7,526

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$22,055
Toronto municipal land transfer tax
$22,055
Estimated closing costs
$44,110

Plus your down payment of $255,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,632/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$614,852Total interest paid
$1,638,052Total of all payments
Principal $1,023,200 Interest $614,852
YearPrincipalInterestBalance
1$23,970$41,552$999,230
2$24,973$40,549$974,257
3$26,017$39,505$948,240
4$27,106$38,417$921,135
5$28,239$37,283$892,895
6$29,420$36,102$863,475
7$30,651$34,871$832,824
8$31,933$33,589$800,890
9$33,269$32,253$767,622
10$34,661$30,862$732,961
11$36,110$29,412$696,851
12$37,621$27,901$659,230
13$39,194$26,328$620,036
14$40,834$24,688$579,202
15$42,542$22,980$536,660
16$44,321$21,201$492,339
17$46,175$19,347$446,164
18$48,107$17,415$398,057
19$50,119$15,403$347,938
20$52,215$13,307$295,723
21$54,399$11,123$241,324
22$56,675$8,847$184,649
23$59,045$6,477$125,603
24$61,515$4,007$64,088
25$64,088$1,434$0

At the end of your 5-year term

Total paid over the term
$327,610
Principal paid down
$130,305
Interest paid
$197,306
Balance remaining
$892,895

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
0.9%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $4,351− Condo fees $20,436− Insurance $600− Vacancy & upkeep $4,488Net operating income $10,925

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.

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