815-88 Queen Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13603212

$563,000
For Sale
Just listed today
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2Bedrooms
2Bathrooms
0Parking
600-699Sq Ft

About this home

Welcome to 88 Queen Condos, offering this one-bed + den, two-bath in this brand new unit with practical layout in an exceptional location at Church and Queen in the heart of downtown Toronto. Residents enjoy world-class amenities including an outdoor infinity pool with cabanas, fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga area, jacuzzi tub, fully equipped kitchen and party room, and an outdoor terrace with fireplace and BBQs. Unbeatable convenience with a 7-minute walk to the Financial District, a 3-minute walk 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. Rogers high-speed internet included. Parking and Locker are available at an additional cost. Property Taxes still to be assessed.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
C13603212
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
Maintenance
$436/mo
Exposure
North
Listing brokerage
RESIDENTIAL DEVELOPMENT SERVICES INC.

Rooms

DenFlat2.56 × 2.23 m
Dining RoomFlat5.99 × 2.92 m

combined w/kitchen · combined w/living

Living RoomFlat5.99 × 2.92 m

w/o to balcony · combined w/dining · combined w/kitchen

Primary BedroomFlat3.70 × 2.51 m

4 Pc Ensuite

KitchenFlat5.99 × 2.92 m

combined w/dining · combined w/living

Our TakeTeam Asgarian · Broker
In line
$560Kest. value

Listed at $563,000, and my independent estimate is right in line with comparable homes.

In Church-Yonge Corridor lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$523KGreat deal$632KOverpriced

Total price vs nearby homes. Fair value about $560K, median of 71 comparables.

How this estimate is builtthe short version

I take the 71 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.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Church-Yonge Corridor, so I widened the search to the surrounding area.

Based on 71 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby · asking prices
$607kavg asking

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

3508-15 Iceboat Terrace$639k839-251 Jarvis Street$413k518-246 Logan Avenue$578k1911-501 St Clair Avenue$799k

The 4 closest active listings nearby.

See all comparable homes
563kThis home639k413k578k799kThis home vs active comparables
Live market pulseActive comparables in Church-Yonge Corridor · median list $555K
$867this home / sqft
93active listings nearby
99sold nearby · 90 days
$590Kmedian sold price
96%of asking, on average

This home lists 16% below the area average of $1,030/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Church-Yonge Corridor, 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 C1
$624K
Moss Park
$784K
Waterfront Communities C8
$575K
Annex
$2.03M
Niagara
$575K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 1.6 km awayBelow the GTA average · 55% meet the provincial standard

Affordability & Mortgage

Affordability
$2,566/mo
$121KIncome needed
4.6×Price ÷ income
$592Weekly 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.

77%mortgage
Mortgage $2,566Property tax $352Condo fee $436Total carry $3,354

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)
$2,404per month

Mortgage amount $450,400 · 4.14% over 25 years

$112,600Down payment (20.0%)
$450,400Loan before insurance
$0CMHC premium
$3,191Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,404
Property tax
$352
Condo / maintenance fees
$436
Heating
$0
Estimated monthly cost
$3,191

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

One-time closing costs

Ontario land transfer tax
$7,735
Toronto municipal land transfer tax
$7,735
Estimated closing costs
$15,470

Plus your down payment of $112,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,919/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

$270,650Total interest paid
$721,050Total of all payments
Principal $450,400 Interest $270,650
YearPrincipalInterestBalance
1$10,551$18,291$439,849
2$10,993$17,849$428,856
3$11,452$17,390$417,404
4$11,932$16,911$405,472
5$12,431$16,411$393,041
6$12,951$15,891$380,091
7$13,492$15,350$366,599
8$14,057$14,785$352,542
9$14,645$14,197$337,898
10$15,257$13,585$322,640
11$15,895$12,947$306,745
12$16,560$12,282$290,185
13$17,253$11,589$272,932
14$17,975$10,867$254,957
15$18,726$10,116$236,231
16$19,510$9,332$216,721
17$20,326$8,516$196,396
18$21,176$7,666$175,220
19$22,062$6,780$153,158
20$22,984$5,858$130,174
21$23,946$4,896$106,228
22$24,948$3,894$81,280
23$25,991$2,851$55,289
24$27,078$1,764$28,211
25$28,211$631$0

At the end of your 5-year term

Total paid over the term
$144,210
Principal paid down
$57,359
Interest paid
$86,852
Balance remaining
$393,041

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$2,050/mo
$24,600Gross annual rent
2.2%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.

4.4%
Gross yield
− Property tax $3,941− Condo fees $5,233− Insurance $600− Vacancy & upkeep $2,706Net operating income $12,120

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RESIDENTIAL DEVELOPMENT SERVICES INC.. MLS®/PropTx.

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