804-208 Queens Quay, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13523760
About this home
Perched above Lake Ontario in one of Harbourfront's landmark buildings, this bright 1 Bedroom + Den suite at Waterclub 2 offers a rare combination: approx. 712 sq. ft. of well-laid-out living space, two bathrooms, and a large private balcony with unobstructed southeast lake views. Low-maintenance laminate flooring and neutral finishes create a clean, move-in-ready canvas, while the granite kitchen with glass breakfast bar makes everyday living effortless. The primary bedroom enjoys its own 4-piece ensuite, plus a separate 2-piece powder room for guests - a genuine rarity in a suite this size. Ample storage rounds out a layout that lives larger than its footprint suggests. This suite includes an owned parking spot (conveniently located right at the elevator) and a private locker - real value on the waterfront. Waterclub is known for hotel-style amenities: 24-hour concierge, a fully equipped gym, sauna and steam room, indoor and outdoor pools, and a guest suite for visiting family and friends. Unbeatable location - steps to the TTC, a short walk to Union Station, the Financial District, Rogers Centre, and Scotiabank Arena, with quick access to the Gardiner and DVP. Restaurants, shopping, and the Harbourfront promenade are right outside your door. Maintenance fees include all utilities, and with parking and a locker both included, this is exceptional value for a lake-facing waterfront condo. Priced to sell - book your private showing today.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13523760
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 700-799
- Cross streets
- York St & Queens Quay West
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $791/mo
- Exposure
- South East
- Property tax
- $3,622 / 2026
- Days on market
- 16
- Listing brokerage
- RE/MAX ALL-STARS REALTY INC.
Rooms
laminate · combined w/primary · overlook water
laminate · combined w/living · open concept
balcony · se view
laminate · 4 pc ensuite · closet
marble floor · 2 pc bath · closet
laminate · combined w/dining · w/o to balcony
pot lights · granite counters · breakfast bar
Listed at $689,900, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
Based on 33 similar homes nearby, adjusted for size, beds, and baths.Median of 33 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $661K, 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 $829K
- Adjusts to $829K
That comparable adjusts to $829K; the $697K estimate above is the median of all 33 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.
Total price vs nearby homes. Fair value about $697K, median of 33 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.
- Primary suite: a key comfort and resale feature.
- Elevator: rare and valuable for accessibility and resale.
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 2% below the area average of $943/sqft.
15 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.
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 21, 2026); conventional rates run a little higher.
Mortgage amount $551,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,945
- Property tax
- $302
- Condo / maintenance fees
- $791
- Heating
- $0
- Estimated monthly cost
- $4,038
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,273
- Toronto municipal land transfer tax
- $10,273
- Estimated closing costs
- $20,546
Plus your down payment of $137,980. 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
- $176,715
- Principal paid down
- $70,287
- Interest paid
- $106,428
- Balance remaining
- $481,633
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 ALL-STARS REALTY INC.. MLS®/PropTx.