5609-88 Queen Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13434712

$1,430/mo
For Lease
Listed 36 days ago
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
700-799Sq Ft

About this home

Furnished Private bedroom share accommodations with other 2 Young Men in a brand-new luxury 3-bed corner suite at 88 Queen. Located on the 56th floor with breathtaking 180 lake & city skyline views, including major bank towers & landmark buildings. Spacious shared living space with 9 ft smooth ceilings, wide-plank floors, European kitchen with built-in appliances, Grant counters & modern finishes. Enjoy access to a large balcony with South, West & North exposures. High-speed internet included. Shared bathroom, kitchen & in-suite laundry. Unbeatable location steps to Queen subway, streetcar, Eaton Centre, TMU, St. Lawrence Market, Financial District, shops & dining. Luxury building amenities include 24/7 concierge, gym, party room, co-working lounge & outdoor infinity pool with cabanas. Downtown living at its finest. Student Welcome!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13434712
Bedrooms
1
Bathrooms
1
Size
700-799
Cross streets
Yonge/Queen
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
36
Listing brokerage
KW Living Realty

Rooms

Bedroom 2Main2.66 × 2.26 m

laminate · window · large closet

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.

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 more car-dependent spot, so buyers here typically drive. Transit is limited nearby. Worth weighing if transit access matters to you.

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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Weigh carefully
  • Value driver
Comparable listingsCurrently listed nearby · asking prices
$2,600avg asking

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

1005-29 Pemberton Avenue$2,400502-763 Bay Street$2,6002715-38 Elm Street$2,800

The 3 closest active listings nearby.

See all comparable homes
1,430This home2,4002,6002,800This home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $3K
66active listings nearby
36days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

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

0/ 100

Car-DependentA 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.

Almost all errands require a car.

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.

Waterfront Communities C8
$3K
Bay Street Corridor
$3K
Kensington-Chinatown
$3K
Waterfront Communities C1
$3K
North St. James Town
$2K

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
$7/mo
$4KIncome needed
0.4×Price ÷ income
$2Weekly 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.

88%mortgage
Mortgage $7Property tax $1Total carry $7

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 18, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6per month

Mortgage amount $1,144 · 4.14% over 25 years

$286Down payment (20.0%)
$1,144Loan before insurance
$0CMHC premium
$7Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7

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
Toronto municipal land transfer tax
$7
Estimated closing costs
$14

Plus your down payment of $286. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7/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

$687Total interest paid
$1,831Total of all payments
Principal $1,144 Interest $687
YearPrincipalInterestBalance
1$27$46$1,117
2$28$45$1,089
3$29$44$1,060
4$30$43$1,030
5$32$42$998
6$33$40$965
7$34$39$931
8$36$38$895
9$37$36$858
10$39$35$819
11$40$33$779
12$42$31$737
13$44$29$693
14$46$28$648
15$48$26$600
16$50$24$550
17$52$22$499
18$54$19$445
19$56$17$389
20$58$15$331
21$61$12$270
22$63$10$206
23$66$7$140
24$69$4$72
25$72$2$0

At the end of your 5-year term

Total paid over the term
$366
Principal paid down
$146
Interest paid
$221
Balance remaining
$998

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

CallRequest a showing