2606-85 Queens Wharf Road, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13149362
About this home
Enjoy Spectacular Lake, Park, And Skyline Views From This Bright And Spacious 3-Bedroom Corner Suite Situated On A High Floor With Southwest Exposure. Designed For Modern Living, This Home Offers A Functional Split-Bedroom Layout That Maximizes Privacy And Natural Light Throughout. The Contemporary Kitchen Features Quartz Counters, A Custom-Built Island With Seating, And Premium Stainless Steel Appliances-Perfect For Everyday Living And Entertaining. The Primary Bedroom Retreat Includes A 4-Piece Ensuite Bathroom And A Large Walk-In Closet. Each Bedroom Is Generously Sized, With Expansive Windows And Full Doors Providing Comfort And Flexibility. Residents Enjoy Access To Exceptional Amenities Including An Indoor Pool, Hot Tub, Fitness Centre, Basketball And Badminton Court, Rooftop BBQ Terrace With CN Tower Views, Party Lounge, Guest Suites, And 24-Hour Concierge Service. Unbeatable Location Across From Two Elementary Schools, Library, Loblaws, LCBO, Banks, And Local Dining Options. Steps To Canoe Landing Park, Offering Over 8 Acres Of Green Space, Trails, And A Family-Friendly Splash Pad. Minutes To The Waterfront Promenade, Transit, Gardiner Expressway, And DVP. Experience The Perfect Blend Of Comfort, Convenience, And Downtown Luxury Living By The Lake
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13149362
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 1000-1199
- Cross streets
- Fort York / Bathurst
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $918/mo
- Exposure
- South West
- Property tax
- $5,200 / 2026
- Days on market
- 64
- Listing brokerage
- RE/MAX REALTRON REALTY INC.
Rooms
laminate · combined w/dining · stainless steel appl
laminate · walk-in closet(s) · large window
laminate · combined w/kitchen · w/o to balcony
laminate · large closet · large window
laminate · window floor to ceiling · south view
laminate · large closet · large window
Listed at $899,000, and my independent estimate is about 7% above what comparable homes suggest.
In Waterfront Communities C1 lately, sellers get about 97% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $839K, median of 9 comparables.
How this estimate is builtthe short version
I take the 9 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 $900K, a close match.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Primary suite: a key comfort and resale feature. Lifestyle
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Jean Lumb Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($818/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 9 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 16% below the area average of $972/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C1, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $719,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,838
- Property tax
- $433
- Condo / maintenance fees
- $918
- Heating
- $0
- Estimated monthly cost
- $5,189
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,455
- Toronto municipal land transfer tax
- $14,455
- Estimated closing costs
- $28,910
Plus your down payment of $179,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $230,275
- Principal paid down
- $91,590
- Interest paid
- $138,685
- Balance remaining
- $627,610
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTRON REALTY INC.. MLS®/PropTx.