1701-88 Queen Street, Toronto, ON
Church-Yonge Corridor, Toronto · MLS® C13578812
About this home
One-year-new extra large 1 Bedroom + Den with 2 Full Bathrooms at 88 Queen East Condos, one of the most luxurious buildings in the neighbourhood. This spacious 676 sq. ft. suite offers a highly practical layout and is ideally located at Church & Queen in the heart of downtown Toronto. A rare opportunity to lease such a large 1+Den with two full bathrooms in a newer downtown building. Residents enjoy exceptional resort-style amenities, including an outdoor infinity pool with cabanas, state-of-the-art fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga studio, jacuzzi, fully equipped party room with kitchen, and a beautifully landscaped outdoor terrace with fireplaces and BBQs. Enjoy unbeatable convenience with a 7-minute walk to the Financial District, 3 minutes to the TTC, and walking distance to Toronto Metropolitan University, George Brown College, University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. An outstanding opportunity to live in one of downtown Toronto's most desirable new luxury residences.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13578812
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2
- Size
- 600-699
- Cross streets
- Church St & Queen St E
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Exposure
- North
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
4 Pc Ensuite
w/o to balcony · combined w/dining · combined w/kitchen
combined w/kitchen · combined w/living
combined w/dining · combined w/living
Listed at $2,400/mo, this rental is tracking about 16% below a wider set of rentals, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 98 similar rentals nearby, adjusted for size, beds, and baths.Median of 98 comparable active listings, adjusted for size, beds, and baths.
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 $2,685/mo
- Bathrooms +$100/mo
- Adjusts to $2,785/mo
That comparable adjusts to $2,785/mo; the $2,850/mo estimate above is the median of all 98 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.
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 very walkable address with everyday errands close by. Bay St at Queen St West 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 $2,850/mo, median of 98 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.
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Church-Yonge Corridor, 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: Bay St at Queen St West, about 7 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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $10
- Property tax
- $2
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $12
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $12
- Toronto municipal land transfer tax
- $12
- Estimated closing costs
- $24
Plus your down payment of $480. 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
- $615
- Principal paid down
- $245
- Interest paid
- $370
- Balance remaining
- $1,675
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.