1906-15 Queens Quay, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13046348

$688,000
For Sale
Listed 87 days ago
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2Bedrooms
1Bathrooms
0Parking
500-599Sq Ft

About this home

Stunning Luxury Condo At The Prestigious Lake Front Tower Pier 27; Spacious 1 Bedroom 585 Sqf+ 110 Sqf Balcony, This Suite Features Unobstructed Lake Views and City View from Balcony; Designer Kitchen Cabinetry With Stainless Appliances & Granite Counter Tops. Bright 9' Floor-To-Ceiling Windows With Brand-new Laminate Flooring Throughout & New Paint; Stunning lobby and state of the art building amenities including 24 hr concierge, outdoor pool, gym, party room, media room and library. Bike lanes right at your door; Steps To Financial District, Union Station, The Harbor front, Ferry To Central Island, Sugar Beach, Rogers Centre, Scotiabank arena, St. Lawrence Market and Financial District.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13046348
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Yonge / Queens Quay
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$514/mo
Exposure
West
Property tax
$4,110 / 2025
Days on market
87
Listing brokerage
HOMELIFE NEW WORLD REALTY INC.

Rooms

Living RoomFlat4.62 × 3.13 m

laminate · combined w/dining · w/o to balcony

Dining RoomFlat4.62 × 3.13 m

laminate · combined w/living · open concept

KitchenFlat4.62 × 3.13 m

laminate · open concept · b/i appliances

Primary BedroomFlat2.97 × 2.60 m

laminate · large window · large closet

DenFlat2.16 × 2.15 m

Laminate

Our TakeTeam Asgarian · Broker
In line
$661Kest. value

Listed at $688,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$620KGreat deal$871KOverpriced

Total price vs nearby homes. Fair value about $661K, median of 6 comparables.

How this estimate is builtthe short version

I take the 6 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $744K, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 6 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$608kavg asking

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

408-15 Queens Quay$648k732-39 Queens Quay$700k1906-35 Parliament Street$550k4106-28 Freeland Street$616k3001-308 Jarvis Street$524k

The 5 closest of 8 active listings nearby.

See all comparable homes
688kThis home648k700k550k616k524kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $589K
$1,252this home / sqft
40active listings nearby
87days on market
100sold nearby · 90 days
$593Kmedian sold price
96%of asking, on average

This home lists 33% above the area average of $938/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Waterfront Communities C8, 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.

Nearby neighbourhoods

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

Waterfront Communities C1
$591K
Moss Park
$975K
Church-Yonge Corridor
$610K
Bay Street Corridor
$618K
Niagara
$599K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 3.0 km awayBelow the GTA average · 59% meet the provincial standard

Affordability & Mortgage

Affordability
$3,136/mo
$144KIncome needed
4.8×Price ÷ income
$724Weekly 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.

79%mortgage
Mortgage $3,136Property tax $342Condo fee $514Total carry $3,993

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,937per month

Mortgage amount $550,400 · 4.14% over 25 years

$137,600Down payment (20.0%)
$550,400Loan before insurance
$0CMHC premium
$3,794Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,937
Property tax
$343
Condo / maintenance fees
$514
Heating
$0
Estimated monthly cost
$3,794

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

One-time closing costs

Ontario land transfer tax
$10,235
Toronto municipal land transfer tax
$10,235
Estimated closing costs
$20,470

Plus your down payment of $137,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,567/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

$330,742Total interest paid
$881,142Total of all payments
Principal $550,400 Interest $330,742
YearPrincipalInterestBalance
1$12,894$22,352$537,506
2$13,433$21,812$524,073
3$13,995$21,250$510,078
4$14,581$20,665$495,497
5$15,190$20,055$480,306
6$15,826$19,420$464,481
7$16,488$18,758$447,993
8$17,178$18,068$430,815
9$17,896$17,350$412,919
10$18,645$16,601$394,275
11$19,424$15,821$374,850
12$20,237$15,009$354,613
13$21,083$14,162$333,530
14$21,965$13,280$311,564
15$22,884$12,362$288,680
16$23,841$11,404$264,839
17$24,839$10,407$240,000
18$25,878$9,368$214,123
19$26,960$8,286$187,163
20$28,088$7,158$159,075
21$29,262$5,983$129,813
22$30,486$4,759$99,326
23$31,762$3,484$67,565
24$33,090$2,155$34,474
25$34,474$771$0

At the end of your 5-year term

Total paid over the term
$176,228
Principal paid down
$70,094
Interest paid
$106,135
Balance remaining
$480,306

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$1,700/mo
$20,400Gross annual rent
1.1%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.

3.0%
Gross yield
− Property tax $4,110− Condo fees $6,172− Insurance $600− Vacancy & upkeep $2,244Net operating income $7,274

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE NEW WORLD REALTY INC.. MLS®/PropTx.

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