2311-208 Queens Quay, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13587310

$4,500/mo
For Lease
Listed 2 days ago
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3Bedrooms
2Bathrooms
1Garage
1200-1399Sq Ft

About this home

Enjoy the best of Toronto's vibrant waterfront in this beautifully updated 2-bedroom + solarium/ 2 baths suite offering breathtaking lake views and an exceptional lifestyle. Freshly painted and featuring brand-new flooring throughout, this move-in-ready home combines comfort, style, and convenience. The spacious 1241 sf. layout is enhanced by 9-foot ceilings, balcony overlooking the water and large windows that flood the suite with natural light. The versatile solarium is perfect for a home office, dining area, or relaxing lounge, making it ideal for today's lifestyle. One underground parking space and hydro is included. Residents enjoy an impressive selection of resort-style amenities, including 24-hour concierge service, an indoor/outdoor swimming pool, fully equipped fitness centre, sauna, party room, and a BBQ terrace-everything you need to relax, entertain, and stay active without leaving home. Located in the heart of Toronto's waterfront, you're just steps from Harbourfront, waterfront trails, cafés, restaurants, TTC, Union Station, and the Financial District.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13587310
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
1200-1399
Cross streets
Queens Quay/York
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
South West
Days on market
2
Listing brokerage
RE/MAX CONDOS PLUS CORPORATION

Rooms

Dining RoomFlat7.83 × 3.62 m

combined w/dining · vinyl floor

KitchenFlat2.56 × 2.38 m

breakfast bar · stainless steel appl · pantry

Living RoomGround7.83 × 3.62 m

combined w/living · vinyl floor · overlook water

BedroomFlat3.99 × 3.20 m

vinyl floor · 4 pc ensuite · walk-in closet(s)

SolariumFlat4.48 × 3.84 m

vinyl floor · large window · overlook water

OtherFlat3.75 × 3.01 m

concrete floor · balcony

Bedroom 2Flat3.59 × 2.74 m

vinyl floor · large closet · window

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,633/moest. value

Listed at $4,500/mo, this rental is about 24% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, landlords have been getting about 99% of asking and homes lease in about 15 days.

Based on 10 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 10 recently leased comparable homes — actual closing prices, not asks — 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, leased for $4,195/mo
  • Size difference +$748/mo
  • Bedrooms −$75/mo
  • Adjusts to $4,868/mo

That comparable adjusts to $4,868/mo; the $3,633/mo estimate above is the median of all 10 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

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.

List price
$3,261/moBelow market$4,500/moAbove market

Total price vs nearby homes. Fair value about $3,633/mo, median of 10 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
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$4,569avg asking

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

306-477 Richmond Street$3,8502803-199 Richmond Street$4,3001708-126 Simcoe Street$4,700808-400 King Street$4,9956205-1 Concord Cityplace Way$5,000

The 5 closest of 6 active listings nearby.

See all comparable homes
4,500This home3,8504,3004,7004,9955,000This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $4K
10active listings nearby
2days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, 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.

Waterfront Communities C8
$3K
Bay Street Corridor
$3K
Moss Park
$2K
Church-Yonge Corridor
$3K
Niagara
$3K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 1.3 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly 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.

88%mortgage
Mortgage $21Property tax $3Total carry $23

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$19per month

Mortgage amount $3,600 · 4.14% over 25 years

$900Down payment (20.0%)
$3,600Loan before insurance
$0CMHC premium
$22Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$19
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$22

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

One-time closing costs

Ontario land transfer tax
$23
Toronto municipal land transfer tax
$23
Estimated closing costs
$45

Plus your down payment of $900. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$23/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

$2,163Total interest paid
$5,763Total of all payments
Principal $3,600 Interest $2,163
YearPrincipalInterestBalance
1$84$146$3,516
2$88$143$3,428
3$92$139$3,336
4$95$135$3,241
5$99$131$3,142
6$104$127$3,038
7$108$123$2,930
8$112$118$2,818
9$117$113$2,701
10$122$109$2,579
11$127$103$2,452
12$132$98$2,319
13$138$93$2,182
14$144$87$2,038
15$150$81$1,888
16$156$75$1,732
17$162$68$1,570
18$169$61$1,401
19$176$54$1,224
20$184$47$1,040
21$191$39$849
22$199$31$650
23$208$23$442
24$216$14$225
25$225$5$0

At the end of your 5-year term

Total paid over the term
$1,153
Principal paid down
$458
Interest paid
$694
Balance remaining
$3,142

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX CONDOS PLUS CORPORATION. MLS®/PropTx.

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