436-39 Queens Quay, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13504230

$759,000
For Sale
Listed 23 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome To The Prestigious Pier 27 Community - A Rare Low-Density Waterfront Residence Offering The Perfect Blend Of Work, Life, And Leisure. Ideally Situated Along Lake Ontario, This Location Provides Unmatched Convenience With Union Station, The Ferry Terminal, The PATH, Sugar Beach, And Harbourfront All Just Steps Away. Enjoy The Ideal Balance Between Vibrant City Living And Serene Lakefront Lifestyle. This West-Facing Suite Features Large Floor-To-Ceiling Windows, Abundant Natural Light, And 10 Ft + 9 Ft Ceiling Heights Throughout. The Spacious 730 Sq Ft Layout Includes 1 Bedroom + Den And Two Full Bathrooms, Offering Exceptional Functionality And Comfort. The Modern Kitchen Is Equipped With Premium Miele Appliances And An Upgraded Wolf Cooktop. Residents Enjoy Resort-Style Amenities Including A Fully Equipped Gym, Indoor And Outdoor Pools, Sauna, Steam Room, Guest Suites, And 24-Hour Concierge. With Luxurious Finishes, Elegant Design, And An Unbeatable Waterfront Location, Pier 27 Delivers A Lifestyle That Is Truly Hard To Match. The Surrounding Waterfront East District Is Undergoing Major Revitalization, Adding Even More Long-Term Value To This Exceptional Community.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13504230
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-799
Cross streets
Queens Quay E & Yonge
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$737/mo
Exposure
West
Property tax
$4,941 / 2026
Days on market
23
Listing brokerage
SMART SOLD REALTY
Our TakeTeam Asgarian · Broker
In line
$790Kest. value

Listed at $759,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C8 lately, sellers get about 96% of asking; homes sell in ~34 days.

List price
$721KGreat deal$820KOverpriced

Total price vs nearby homes. Fair value about $790K, median of 7 comparables.

How this estimate is builtthe short version

I take the 7 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 $793K, a close match.

What the listing highlights1 point 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
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 7 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C8 · asking prices
$638kavg asking

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

4302-138 Downes Street$649k2801-138 Downes Street$615k732-39 Queens Quay$700k603-170 Bayview Avenue$608k1009-1 Market Street$618k

The 5 closest of 8 active listings nearby.

See all comparable homes
759kThis home649k615k700k608k618kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C8 · median list $616K
$1,013this home / sqft
50active listings nearby
23days on market
100sold nearby · 90 days
$578Kmedian sold price
96%of asking, on average

This home lists 7% above the area average of $946/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
$638K
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 · 1.1 km awayAround the GTA average · 74% meet the provincial standard
Downtown Alternative SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,459/mo
$163KIncome needed
4.7×Price ÷ income
$798Weekly 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.

75%mortgage
Mortgage $3,459Property tax $412Condo fee $737Total carry $4,608

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)
$3,240per month

Mortgage amount $607,200 · 4.14% over 25 years

$151,800Down payment (20.0%)
$607,200Loan before insurance
$0CMHC premium
$4,389Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,240
Property tax
$412
Condo / maintenance fees
$737
Heating
$0
Estimated monthly cost
$4,389

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

One-time closing costs

Ontario land transfer tax
$11,655
Toronto municipal land transfer tax
$11,655
Estimated closing costs
$23,310

Plus your down payment of $151,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,936/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

$364,873Total interest paid
$972,073Total of all payments
Principal $607,200 Interest $364,873
YearPrincipalInterestBalance
1$14,225$24,658$592,975
2$14,820$24,063$578,156
3$15,439$23,443$562,716
4$16,085$22,798$546,631
5$16,758$22,125$529,873
6$17,459$21,424$512,414
7$18,189$20,694$494,225
8$18,950$19,933$475,274
9$19,743$19,140$455,531
10$20,569$18,314$434,963
11$21,429$17,454$413,534
12$22,325$16,558$391,208
13$23,259$15,624$367,949
14$24,232$14,651$343,717
15$25,246$13,637$318,471
16$26,302$12,581$292,170
17$27,402$11,481$264,768
18$28,548$10,335$236,220
19$29,742$9,141$206,478
20$30,986$7,897$175,492
21$32,282$6,601$143,209
22$33,633$5,250$109,577
23$35,039$3,843$74,537
24$36,505$2,378$38,032
25$38,032$851$0

At the end of your 5-year term

Total paid over the term
$194,415
Principal paid down
$77,327
Interest paid
$117,088
Balance remaining
$529,873

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
1.5%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.

3.8%
Gross yield
− Property tax $4,941− Condo fees $8,849− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,242

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

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