3511-208 Queens Quay, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13138656

$5,500/mo
For Lease
Listed 64 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Fully Furnished!** Hydro & Parking Included! 1 yr or short term (negotiable). Indoor/Outdoor Pool, Exercise & Weight Rooms, Multipurpose Rm, Sauna & Steam Rms, Pool Tables, Guest Suites, Party Rm, Bbq Terraces, 24 Hour Concierge. Near Restaurants, Rogers Centre, CN Tower, ScotiaBank Arena, etc.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13138656
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Queens Quay/York
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
64
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomMain0.00 × 0.00 m

sw view · walk-in closet(s) · closet organizers

BathroomMain0.00 × 0.00 m

4 pc ensuite · nw view · marble floor

BathroomMain0.00 × 0.00 m

4 pc bath · marble floor · granite counters

Bedroom 2Main0.00 × 0.00 m

closet organizers · north view · mirrored closet

FoyerMain0.00 × 0.00 m

marble floor · crown moulding

SolariumMain0.00 × 0.00 m

sw view · combined w/living · crown moulding

Living RoomMain0.00 × 0.00 m

sw view · combined w/dining · w/o to balcony

Dining RoomMain0.00 × 0.00 m

sw view · crown moulding · fireplace

KitchenMain0.00 × 0.00 m

stainless steel appl · breakfast bar · sw view

Moe’s TakeTeam Asgarian · Broker
In line
$5,451/moest. value

Listed at $5,500/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 12 similar rentals nearby, adjusted for size, beds, and baths.Median of 12 comparable active listings, adjusted for size, beds, and baths.

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, listed at $4,500/mo
  • Size difference +$823/mo
  • Bedrooms −$150/mo
  • Adjusts to $5,173/mo

That comparable adjusts to $5,173/mo; the $5,451/mo estimate above is the median of all 12 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

The assigned public school is The Waterfront 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 West at Harbourfront Centre is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$5,173/moBelow market$5,501/moAbove market

Total price vs nearby homes. Fair value about $5,451/mo, median of 12 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Weigh carefully
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$4,383avg asking

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

912-208 Queens Quay$4,9504001-5 Mariner Terrace$3,7001104-12 York Street$4,500

The 3 closest active listings nearby.

See all comparable homes
5,500This home4,9503,7004,500This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $4K
6active listings nearby
64days on market

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

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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

84/ 100

Very WalkableA 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 West at Harbourfront Centre, about 28 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.

Kensington-Chinatown
$3K
Waterfront Communities C8
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
North St. James Town
$4K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$25/mo
$5KIncome needed
1.1×Price ÷ income
$6Weekly 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.

88%mortgage
Mortgage $25Property tax $3Total carry $29

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$23per month

Mortgage amount $4,400 · 4.14% over 25 years

$1,100Down payment (20.0%)
$4,400Loan before insurance
$0CMHC premium
$27Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$23
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$27

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

One-time closing costs

Ontario land transfer tax
$28
Toronto municipal land transfer tax
$28
Estimated closing costs
$55

Plus your down payment of $1,100. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$29/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

$2,644Total interest paid
$7,044Total of all payments
Principal $4,400 Interest $2,644
YearPrincipalInterestBalance
1$103$179$4,297
2$107$174$4,190
3$112$170$4,078
4$117$165$3,961
5$121$160$3,840
6$127$155$3,713
7$132$150$3,581
8$137$144$3,444
9$143$139$3,301
10$149$133$3,152
11$155$126$2,997
12$162$120$2,835
13$169$113$2,666
14$176$106$2,491
15$183$99$2,308
16$191$91$2,117
17$199$83$1,919
18$207$75$1,712
19$216$66$1,496
20$225$57$1,272
21$234$48$1,038
22$244$38$794
23$254$28$540
24$265$17$276
25$276$6$0

At the end of your 5-year term

Total paid over the term
$1,409
Principal paid down
$560
Interest paid
$848
Balance remaining
$3,840

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.

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

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