1208-39 Queens Quay, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13432292
About this home
Living In Style Where The Pulse Of The City Meets The Waterfront Rare Opportunity To Own On The Bridge At Pier 27. Soak Up The Sun & The Incredible Lake Views, Spacious Home With 2240 Sq.Ft Of Living Space + 135 Sq.Ft Balcon. $300K Upgrades, Custom Downsview Cabinetry W/ Miele & Sub-Zero Appliances, Wine Fridge & Miele Coffee Maker For The Perfect Chef's Kitchen. Breathtaking Views From Every Room Make This A Place You Want To Go Home To Every Day And Wake Up Every Morning Perfect Floor Plan To Entertain Your Family And Friends. 2 Bedroom Plus Den & Family Room ( Or 3rd Bed) Unobstructed South Lakeview, 2.5 Baths, Gourmet Open Concept Kitchen, 10' Ceilings Throughout, Split Floor Plan, Gas Fireplace, Large Laundry Room With 2 Locker Storage & 2 Parking Spots, Engineered Hardwood Floors Throughout.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13432292
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 2000-2249
- Cross streets
- Yonge St & Queens Quay E
- Parking
- 2 garage (underground)
- Basement
- Apartment
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- South
- Days on market
- 36
- Listing brokerage
- RIFE REALTY
Rooms
5 pc ensuite · walk-in closet(s) · window floor to ceiling
2 pc bath · tile floor
centre island · stainless steel appl · open concept
4 pc ensuite · window floor to ceiling · double closet
gas fireplace · open concept · window floor to ceiling
gas fireplace · hardwood floor · b/i bookcase
window floor to ceiling · 2 way fireplace · w/o to balcony
Listed at $12,000/mo, this rental is tracking about 23% above a wider set of rentals, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 65 similar rentals nearby, adjusted for size, beds, and baths.Median of 65 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 $4,950/mo
- Size difference +$4,615/mo
- Bathrooms +$100/mo
- Adjusts to $9,665/mo
That comparable adjusts to $9,665/mo; the $9,791/mo estimate above is the median of all 65 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 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.
Total price vs nearby homes. Fair value about $9,791/mo, median of 65 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.
- 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.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Worth verifying
- Lifestyle
Not enough sq ft data to place this home on the area price curve.
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.
Getting around
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
Within a 15-minute (1.5 km) walk.
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 17, 2026); conventional rates run a little higher.
Mortgage amount $9,600 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $51
- Property tax
- $8
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $59
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $60
- Toronto municipal land transfer tax
- $60
- Estimated closing costs
- $120
Plus your down payment of $2,400. 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
- $3,074
- Principal paid down
- $1,223
- Interest paid
- $1,851
- Balance remaining
- $8,377
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIFE REALTY. MLS®/PropTx.