4711-88 Queen Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13410604

$725,000
For Sale
Listed 47 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

PRICED TO SELL! Exceptional 47th-floor corner suite in luxury building at 88 Queen St. E, offering elevated downtown living with sweeping city views from every room. This bright and spacious 2-bedroom, 2-bathroom residence features an open concept layout with upgraded flooring, upgraded spa-inspired bathrooms and a modern kitchen with upgraded cabinetry, countertops, and backsplash. Floor to ceiling windows fill the space with natural light, while the living area and primary bedroom both walk out to a generous balcony, perfect for enjoying the city skyline day and night. Residents enjoy 24-hour concierge, security guard and video surveillance. The upscale amenities include an outdoor infinity pool, hot tub and terrace with cabanas and BBQ's, a gym, yoga studio, theatre, co-working and elegant fireplace lounges, a chef's kitchen and guest suites. Ideally located with 10/10 walk, transit scores, and Queen subway station. Steps to adjoining concourse with shops, cafes, salon/barber, child care, dog spa and NO FRILLS grocery store. Walk to Easton Centre, Financial District, TMU, St. Michael's Hospital, Massey Hall and Mirvish Theatre. A vibrant, connected lifestyle in the heart of the city-an excellent opportunity for both end-users and investors alike.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13410604
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Queen & Church
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$621/mo
Exposure
North West
Property tax
$5,196 / 2026
Days on market
47
Listing brokerage
RIGHT AT HOME REALTY

Rooms

Primary BedroomFlat3.41 × 2.83 m

large window · 4 pc ensuite · w/o to balcony

Dining RoomFlat4.14 × 3.03 m

large window · combined w/kitchen

Living RoomFlat4.14 × 3.03 m

balcony · combined w/kitchen · large window

KitchenFlat4.76 × 1.66 m

combined w/living · modern kitchen · b/i appliances

Bedroom 2Flat3.13 × 2.47 m

large window · closet · window

Our TakeTeam Asgarian · Broker
Above comparables
$619Kest. value

Listed at $725,000, and my independent estimate is about 17% above what comparable homes suggest.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$569KGreat deal$725KOverpriced

Total price vs nearby homes. Fair value about $619K, median of 86 comparables.

How this estimate is builtthe short version

I take the 86 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 $887K, higher than the comparables and worth a second look.

What the listing highlights3 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

Based on 86 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Church-Yonge Corridor · asking prices
$737kavg asking

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

1506-50 Wellesley Street$750k302-50 Wellesley Street$758k4806-89 Church Street$679k3004-50 Wellesley Street$799k1805-55 Charles Street$699k

The 5 closest of 8 active listings nearby.

See all comparable homes
725kThis home750k758k679k799k699kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $599K
$967this home / sqft
71active listings nearby
47days on market
100sold nearby · 90 days
$600Kmedian sold price
96%of asking, on average

This home lists 7% above the area average of $907/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

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.

Nearby neighbourhoods

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

Moss Park
$894K
Bay Street Corridor
$638K
Waterfront Communities C1
$578K
Niagara
$550K
Mimico
$524K

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
$3,304/mo
$156KIncome needed
4.7×Price ÷ income
$763Weekly 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 $3,304Property tax $433Condo fee $621Total carry $4,358

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)
$3,095per month

Mortgage amount $580,000 · 4.14% over 25 years

$145,000Down payment (20.0%)
$580,000Loan before insurance
$0CMHC premium
$4,149Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,095
Property tax
$433
Condo / maintenance fees
$621
Heating
$0
Estimated monthly cost
$4,149

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

One-time closing costs

Ontario land transfer tax
$10,975
Toronto municipal land transfer tax
$10,975
Estimated closing costs
$21,950

Plus your down payment of $145,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,759/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

$348,529Total interest paid
$928,529Total of all payments
Principal $580,000 Interest $348,529
YearPrincipalInterestBalance
1$13,587$23,554$566,413
2$14,156$22,985$552,257
3$14,748$22,393$537,509
4$15,365$21,776$522,144
5$16,007$21,134$506,137
6$16,677$20,464$489,460
7$17,375$19,767$472,085
8$18,101$19,040$453,984
9$18,858$18,283$435,126
10$19,647$17,494$415,478
11$20,469$16,672$395,009
12$21,325$15,816$373,684
13$22,217$14,924$351,467
14$23,147$13,995$328,320
15$24,115$13,026$304,205
16$25,123$12,018$279,082
17$26,174$10,967$252,907
18$27,269$9,872$225,638
19$28,410$8,731$197,228
20$29,598$7,543$167,630
21$30,836$6,305$136,794
22$32,126$5,015$104,668
23$33,470$3,671$71,198
24$34,870$2,271$36,328
25$36,328$813$0

At the end of your 5-year term

Total paid over the term
$185,706
Principal paid down
$73,863
Interest paid
$111,843
Balance remaining
$506,137

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$2,400/mo
$28,800Gross annual rent
1.7%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.

4.0%
Gross yield
− Property tax $5,196− Condo fees $7,454− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,382

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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