1212-88 Queen Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13231792

$536,000
For Sale
Listed 51 days ago
2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft
18 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

Priced to sell and ready for move-in before school starts, this well-designed one-bedroom plus den, two-bathroom suite is located at 88 Queen Condos at the intersection of Church and Queen in downtown Toronto. Freshly painted throughout, the thoughtfully chosen neutral tones provide a versatile backdrop suited to any furniture style and are ready for colourful accent pieces. The layout extends outdoors with a 103-square-foot private balcony. A unique builder upgrade introduces integrated lighting into the living and dining areas-an enhancement impossible to retrofit-ensuring the primary living spaces are exceptionally bright. Residents have access to a wide range of building facilities, starting with a co-working space, movie theatre, guest suites, and a conservatory. Health and wellness options feature a jacuzzi tub, an aerial yoga area, and a complete fitness centre. For socializing and outdoor relaxation, the building offers an infinity pool with cabanas, a terrace equipped with BBQs and a fireplace, alongside indoor lounges, a dining area, and a dedicated party room. Positioned for straightforward city access, the site is a short 3-minute stroll to the TTC and a 7-minute commute on foot to the Financial District, with multiple restaurants right at your doorstep. The property is in very close proximity to Toronto Metropolitan University, George Brown College, the University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. High-speed internet from Rogers is included with the suite.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13231792
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
600-699
Cross streets
Queen St E & Church St
Parking
0 parking
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$450/mo
Exposure
North
Days on market
51
Listing brokerage
BENCHMARK SIGNATURE REALTY INC.

Rooms

Dining RoomFlat6.00 × 2.92 m

laminate · open concept · window

Living RoomFlat6.00 × 2.92 m

laminate · open concept · window

DenFlat2.57 × 2.24 m

laminate · sliding doors

KitchenFlat6.00 × 2.92 m

open concept · modern kitchen

BedroomFlat3.71 × 2.51 m

laminate · 4 pc ensuite · window

Our TakeTeam Asgarian · Broker
In line
$559Kest. value

Listed at $536,000, and my independent estimate is right in line with comparable homes.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$514KGreat deal$626KOverpriced

Total price vs nearby homes. Fair value about $559K, median of 73 comparables.

How this estimate is builtthe short version

I take the 73 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.

What the listing highlights1 point 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
Schools & getting aroundcatchment and transit

The assigned public school is Lord Dufferin 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. Queen Street East is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

Based on 73 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$543kavg asking

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

2408-100 Dalhousie Street$500k1201-35 Hayden Street$589k3408-28 Ted Rogers Way$528k4703-89 Church Street$548k1406-33 Charles Street$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
536kThis home500k589k528k548k550kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $580K
$825this home / sqft
64active listings nearby
51days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 9% below the area average of $910/sqft.

50 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

Church-Yonge Corridor, 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 OpenStreetMap contributors.

Most daily errands can be done on foot.

🚉 Nearest transit: Queen Street East, about 85 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.

Moss Park
$1.02M
Waterfront Communities C8
$621K
Bay Street Corridor
$556K
Waterfront Communities C1
$593K
Annex
$798K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 55% meet the provincial standard

Affordability & Mortgage

Affordability
$2,443/mo
$116KIncome needed
4.6×Price ÷ income
$564Weekly 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 $2,443Property tax $335Condo fee $450Total carry $3,228

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 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,288per month

Mortgage amount $428,800 · 4.14% over 25 years

$107,200Down payment (20.0%)
$428,800Loan before insurance
$0CMHC premium
$3,073Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,288
Property tax
$335
Condo / maintenance fees
$450
Heating
$0
Estimated monthly cost
$3,073

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

One-time closing costs

Ontario land transfer tax
$7,195
Toronto municipal land transfer tax
$7,195
Estimated closing costs
$14,390

Plus your down payment of $107,200. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,779/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

$257,671Total interest paid
$686,471Total of all payments
Principal $428,800 Interest $257,671
YearPrincipalInterestBalance
1$10,045$17,414$418,755
2$10,465$16,993$408,289
3$10,903$16,556$397,386
4$11,359$16,100$386,027
5$11,834$15,624$374,192
6$12,329$15,129$361,863
7$12,845$14,614$349,018
8$13,382$14,076$335,635
9$13,942$13,517$321,693
10$14,525$12,933$307,167
11$15,133$12,326$292,034
12$15,766$11,693$276,268
13$16,425$11,033$259,843
14$17,113$10,346$242,730
15$17,828$9,631$224,902
16$18,574$8,885$206,328
17$19,351$8,108$186,977
18$20,160$7,298$166,817
19$21,004$6,455$145,813
20$21,882$5,577$123,931
21$22,798$4,661$101,133
22$23,751$3,708$77,382
23$24,745$2,714$52,638
24$25,780$1,679$26,858
25$26,858$601$0

At the end of your 5-year term

Total paid over the term
$137,294
Principal paid down
$54,608
Interest paid
$82,686
Balance remaining
$374,192

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$2,050/mo
$24,600Gross annual rent
2.3%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.

4.6%
Gross yield
− Property tax $3,752− Condo fees $5,400− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,142

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

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