918-29 Queens Quay, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13447108

$880,000
For Sale
Listed 38 days ago
Request a showing
◎ Directions
3Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

A rare 10 ft ceilings, a rare Gas Cooktop!! 2 bedrooms + den (formal room w/doors), with parking, with a lake view, 830 sq ft + balcony. The best of the lake life in a luxury Pier 27II Condo. L-shape open concept kitchen with B/I appliances an backsplash. High-end Miele gas cooktop and B/I oven. Practical split bedrooms layout, den big enough to be a 3rd bedroom. Fantastic amenities, only for the residents of 39 QOE, include: indoor pool, outdoor pool and fireplace overlooking the lake, 24 hr concierge, state of the art gym, sauna, games and billiard, guest suites. Steps to Union station with Go train and Subway, Ferry to the island, banks, LCBO, grocery stores, St Lawrence market, Front street, Financial district, Sugar beach and marina. Walk score 97/100.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13447108
Bedrooms
3 (2 + 1)
Bathrooms
1
Size
800-899
Cross streets
Yonge/Queens Quay E
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$724/mo
Exposure
East
Property tax
$5,173 / 2025
Days on market
38
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Living RoomMain5.84 × 3.33 m

hardwood floor · combined w/dining · w/o to balcony

KitchenMain5.84 × 3.33 m

hardwood floor · b/i appliances · backsplash

Bedroom 2Main3.61 × 2.79 m

hardwood floor · window floor to ceiling · closet

DenMain2.82 × 2.64 m

hardwood floor · formal rm · sliding doors

Primary BedroomMain3.91 × 3.05 m

hardwood floor · window floor to ceiling · closet

Dining RoomMain5.84 × 3.33 m

hardwood floor · combined w/living · 4 pc bath

Our TakeTeam Asgarian · Broker
Above comparables
$824Kest. value

Listed at $880,000, and my independent estimate is about 7% above what comparable homes suggest.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$824KGreat deal$880KOverpriced

Total price vs nearby homes. Fair value about $824K, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $823K, a close match.

What the listing highlights4 points 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
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

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.

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$818kavg asking

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

2603-20 Richardson Street$900k905-60 Tannery Road$689k1005-60 Tannery Road$678k514-15 Richardson Street$633k6908-138 Downes Street$1.19M

The 5 closest active listings nearby.

See all comparable homes
880kThis home900k689k678k633k1.19MThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $700K
$1,036this home / sqft
46active listings nearby
38days on market
100sold nearby · 90 days
$593Kmedian sold price
96%of asking, on average

This home lists 9% above the area average of $949/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

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.

Nearby neighbourhoods

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

Moss Park
$894K
Waterfront Communities C1
$578K
Church-Yonge Corridor
$611K
Bay Street Corridor
$556K
Niagara
$550K

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 · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$4,011/mo
$184KIncome needed
4.8×Price ÷ income
$926Weekly 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.

78%mortgage
Mortgage $4,011Property tax $431Condo fee $724Total carry $5,166

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)
$3,757per month

Mortgage amount $704,000 · 4.14% over 25 years

$176,000Down payment (20.0%)
$704,000Loan before insurance
$0CMHC premium
$4,912Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,757
Property tax
$431
Condo / maintenance fees
$724
Heating
$0
Estimated monthly cost
$4,912

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

One-time closing costs

Ontario land transfer tax
$14,075
Toronto municipal land transfer tax
$14,075
Estimated closing costs
$28,150

Plus your down payment of $176,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,563/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

$423,042Total interest paid
$1,127,042Total of all payments
Principal $704,000 Interest $423,042
YearPrincipalInterestBalance
1$16,492$28,589$687,508
2$17,182$27,900$670,326
3$17,901$27,181$652,425
4$18,650$26,432$633,775
5$19,430$25,652$614,345
6$20,242$24,839$594,103
7$21,089$23,993$573,014
8$21,971$23,110$551,043
9$22,890$22,191$528,152
10$23,848$21,234$504,305
11$24,845$20,236$479,459
12$25,884$19,197$453,575
13$26,967$18,114$426,608
14$28,095$16,986$398,513
15$29,270$15,811$369,242
16$30,495$14,587$338,747
17$31,770$13,311$306,977
18$33,099$11,983$273,878
19$34,484$10,598$239,394
20$35,926$9,156$203,468
21$37,429$7,653$166,040
22$38,994$6,087$127,045
23$40,625$4,456$86,420
24$42,325$2,757$44,095
25$44,095$987$0

At the end of your 5-year term

Total paid over the term
$225,408
Principal paid down
$89,655
Interest paid
$135,754
Balance remaining
$614,345

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$2,700/mo
$32,400Gross annual rent
1.6%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.

3.7%
Gross yield
− Property tax $5,173− Condo fees $8,684− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,379

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

CallRequest a showing