916-29 Queens Quay, Toronto, ON
Waterfront Communities C8, Toronto · MLS® C13587172
About this home
Pier 27 is the building people point at from the island ferry. This is one of its larger suites, and at 1,264 square feet it behaves like a home rather than a place to park a mattress and a coffee machine. The water is the point. Glass floor to ceiling, and custom herringbone brushed oak flooring throughout (ceramic tiles in baths). Den is large enough for a third bedroom, but performs much better as an office/den. P1 Parking included & 3 lockers. Harbourfront and Sugar Beaach close enough that you stop calling them a novelty.The building handles the rest: 24-hour concierge, an outdoor (and indoor) pool you will use more than you would admit, a gym with no commute and therefore no excuse. Large Theatre, party room, co-working space, outdoor dining, fountain seating. Outside is the civilized end of downtown. St. Lawrence Market for the groceries (or one of the two Farm Boys if you feel like something 10 steps away. The Martin Goodman Trail for the run you keep scheduling. More City Bikes than you would ever need. Union Station on foot when the city wants you, the Gardiner on wheels when it does not (P1 prime parking including in sale). Loblaws and the LCBO are neighbours, which is either convenient or a problem depending on the week. Newly build Queens Quay East park with pickle ball courts, enclosed dog park with wood chip surface. This is waterfront people live on, not the kind they visit and photograph. Room enough for two adults to share an address without sharing every square foot. A building that stopped trying to prove anything years ago and simply works. Come see it. The lake makes a strong first impression.
Key facts
- Property type
- Condo Apartment, 1 Storey/Apt
- MLS®
- C13587172
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 3 (1 half)
- Size
- 1200-1399
- Cross streets
- Yonge & Queens Quay E
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Concrete Poured
- Maintenance
- $1,116/mo
- Exposure
- South East
- Property tax
- $7,986 / 2026
- Days on market
- 1
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
combined w/dining · w/o to balcony · electric fireplace
closet · hardwood floor
walk-in closet(s) · 5 pc ensuite · hardwood floor
combined w/living · hardwood floor · breakfast bar
b/i oven · b/i ctr-top stove · pantry
4 pc ensuite · large closet · hardwood floor
Listed at $1,399,900, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In Waterfront Communities C8 lately, sellers have been getting about 97% of asking and homes sell in about 37 days.
There were not many closely comparable homes right in Waterfront Communities C8, so I widened the search to the surrounding area.
Based on 96 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 96 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.46M, higher than the comparables and worth a second look.
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, sold for $850K
- Bathrooms +$15K
- Adjusts to $865K
That comparable adjusts to $865K; the $1.16M estimate above is the median of all 96 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $1.16M, median of 96 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 homesThis home lists 21% above the area average of $889/sqft.
0 days faster than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Waterfront Communities C8, 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 22, 2026); conventional rates run a little higher.
Mortgage amount $1,119,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,976
- Property tax
- $666
- Condo / maintenance fees
- $1,116
- Heating
- $0
- Estimated monthly cost
- $7,758
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,473
- Toronto municipal land transfer tax
- $24,473
- Estimated closing costs
- $48,946
Plus your down payment of $279,980. 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
- $358,579
- Principal paid down
- $142,622
- Interest paid
- $215,956
- Balance remaining
- $977,298
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.