705-251 Queens Quay, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13451130
About this home
Welcome to Admiralty Point, a Premium Luxury boutique waterfront building with just 9 floors and 61 suites total, offering a quiet, exclusive address in the heart of Toronto's vibrant harbourfront community. This impressive oversized 1-bedroom condo delivers spectacular views of Toronto Harbour, Lake Ontario, the CN Tower, and Queens Quay. The open-concept living and dining space is flooded with natural light and showcases breathtaking waterfront vistas year-round. The eat-in kitchen impresses with abundant cabinetry, a large centre island, and breakfast bar seating - perfect for cooking, gathering, and entertaining guests. The generously sized primary bedroom offers a true private retreat, and the expansive layout provides a flexibility and flow rarely found in a one-bedroom residence. One parking space and a storage locker are included for added convenience. Residents enjoy exclusive, complimentary access to the Radisson Hotel's heated pool, sundeck, and dining room, plus ample visitor parking available in the hotel garage on P1. Live steps from Rogers Centre, Scotiabank Arena, Ripley's Aquarium, Beaches, Yacht Club, and an incredible array of shopping, restaurants, cafés, and greenspace along the harbourfront. Beyond the everyday convenience, this is a lifestyle. The Harbourfront comes alive throughout the year with concerts, cultural festivals, free outdoor film nights, dragon boat races, art exhibitions, holiday markets, and seasonal celebrations happening right outside your door. Stroll the boardwalk, watch the sailboats glide by, grab a coffee on a sunny patio, or take in a summer concert by the water - all part of everyday life here. Quiet, well-managed, and unbeatably located, Admiralty Point offers the very best of Toronto waterfront living in one elegant, boutique address.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13451130
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 1
- Size
- 1000-1199
- Cross streets
- Queens Quay & Rees Road
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,219/mo
- Exposure
- North East
- Property tax
- $5,407 / 2025
- Days on market
- 31
- Listing brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Rooms
laminate · open concept · overlook water
laminate · overlook water
eat-in kitchen · granite counters · centre island
Listed at $865,000, this home is about 16% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.06M, a close match.
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 $897K
- Size difference +$142K
- Bathrooms −$15K
- Adjusts to $1.02M
That comparable adjusts to $1.02M; the $1.02M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is The Waterfront 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 West at Rees St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.02M, median of 5 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.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Open-concept layout: modern, sought-after flow.
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 17% below the area average of $944/sqft.
30 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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 West at Rees St, about 82 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 18, 2026); conventional rates run a little higher.
Mortgage amount $692,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,693
- Property tax
- $451
- Condo / maintenance fees
- $1,219
- Heating
- $0
- Estimated monthly cost
- $5,362
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,775
- Toronto municipal land transfer tax
- $13,775
- Estimated closing costs
- $27,550
Plus your down payment of $173,000. 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
- $221,566
- Principal paid down
- $88,126
- Interest paid
- $133,440
- Balance remaining
- $603,874
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.