TH132-39 Queens Quay, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13154742

$1,145,000
For Sale
Listed 57 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

*One oversized parking spot now included! Looking to live at Toronto's most coveted waterfront residence? TH132 at Pier 27 delivers. This 1+Den, two bathroom townhouse with 1000 + sqft. features a thoughtful layout with a large den that can easily be used as a second bedroom, providing flexible space that adapts to your needs. Love to host? This main floor is built for it. The expansive kitchen flows into a bright, open living area, creating the perfect setting for dinner parties or cozy nights in. The kitchen features premium Miele appliances and a SubZero fridge, paired with a large, custom-built white marble island that makes cooking and entertaining a dream. In the warmer months, enjoy grilling on your private terrace equipped with a dedicated gas line. Two storeys of floor to ceiling windows overlooking green space in this quaint, private courtyard provide a peaceful escape from the city's energy. Over $40,000in recent upgrades include light fixtures, pot lights throughout, custom built-in closets in both the primary bedroom and den, and automatic dual roller window coverings - see attached feature sheet for full list. Never wait for an elevator again! Use your private entrance to enter directly from ground level into soaring 20 ft. ceilings spanning the full height of the unit. Enjoy 10ft ceilings in both the living room and primary suite on the second floor. In addition to its private exterior entrance, interior building access places luxury amenities just steps away. 39 Queens Quay boasts indoor & outdoor pools, fitness room with yoga studio, sauna and steam room, theatre room, lounge & party rooms, visitor parking, and guest suites.The location delivers unbeatable convenience. You are minutes from Union Station, FinancialDistrict, and St. Lawrence Market. Groceries are a breeze with Loblaws, Farm Boy, and the flagship LCBO right across the street. At Pier 27, waterfront living isn't just a backdrop; it's your everyday reality.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13154742
Bedrooms
2 (1 + 1)
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Queens Quay & Yonge St.
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Aluminum Siding, Concrete
Maintenance
$1,091/mo
Exposure
West
Property tax
$6,478 / 2025
Days on market
57
Listing brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

Rooms

DenSecond4.00 × 2.20 m

closet · hardwood floor · pot lights

Living RoomMain8.80 × 4.80 m

combined w/kitchen · hardwood floor · large window

Primary BedroomSecond4.80 × 3.00 m

closet · hardwood floor · large window

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.

The assigned public school is Market Lane Junior and Senior Public 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 East at Freeland St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

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.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Elevator: rare and valuable for accessibility and resale.
  • Value driver
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$673kavg asking

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

213-7 Applewood Lane$639kS123-180 Mill Street$899k92 McGill Street$799k220-4001 Don Mills Road$429k21-871 Wilson Avenue$599k

The 5 closest active listings nearby.

See all comparable homes
1.15MThis home639k899k799k429k599kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $1.07M
$1,041this home / sqft
5active listings nearby
57days on market

This home lists 8% above the area average of $965/sqft.

53 days longer than the Toronto average (4 days).

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.

Getting around

82/ 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 East at Freeland St, about 129 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.

Niagara
$559K
Willowdale East
$799K
Victoria Village
$782K
New Toronto
$780K
Islington-City Centre West
$849K

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 Market Lane Junior and Senior Public School
74%
Market Lane Junior and Senior Public SchoolPublic · Elementary · 1.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$5,219/mo
$240KIncome needed
4.8×Price ÷ income
$1,204Weekly 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.

76%mortgage
Mortgage $5,219Property tax $540Condo fee $1,091Total carry $6,849

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,888per month

Mortgage amount $916,000 · 4.14% over 25 years

$229,000Down payment (20.0%)
$916,000Loan before insurance
$0CMHC premium
$6,519Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,888
Property tax
$540
Condo / maintenance fees
$1,091
Heating
$0
Estimated monthly cost
$6,519

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

One-time closing costs

Ontario land transfer tax
$19,375
Toronto municipal land transfer tax
$19,375
Estimated closing costs
$38,750

Plus your down payment of $229,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,937/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

$550,435Total interest paid
$1,466,435Total of all payments
Principal $916,000 Interest $550,435
YearPrincipalInterestBalance
1$21,459$37,199$894,541
2$22,356$36,301$872,185
3$23,291$35,366$848,894
4$24,266$34,392$824,628
5$25,281$33,377$799,347
6$26,338$32,319$773,009
7$27,440$31,218$745,569
8$28,588$30,070$716,982
9$29,783$28,874$687,198
10$31,029$27,628$656,169
11$32,327$26,330$623,842
12$33,679$24,978$590,163
13$35,088$23,569$555,075
14$36,556$22,102$518,519
15$38,085$20,573$480,434
16$39,678$18,980$440,757
17$41,337$17,320$399,419
18$43,067$15,591$356,353
19$44,868$13,789$311,485
20$46,745$11,913$264,740
21$48,700$9,957$216,040
22$50,737$7,920$165,303
23$52,859$5,798$112,444
24$55,070$3,587$57,374
25$57,374$1,284$0

At the end of your 5-year term

Total paid over the term
$293,287
Principal paid down
$116,653
Interest paid
$176,634
Balance remaining
$799,347

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
1.4%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.

3.6%
Gross yield
− Property tax $6,478− Condo fees $13,088− Insurance $600− Vacancy & upkeep $4,488Net operating income $16,146

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY. MLS®/PropTx.

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