705-251 Queens Quay, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13678026
About this home
Welcome to Admiralty Point, an exclusive boutique waterfront residence where luxury, privacy, and resort-style living come together in one of Toronto's most coveted locations. With just 61suites across 9 floors, this is a truly intimate building offering a level of exclusivity and tranquility that is increasingly rare in Toronto. This exceptionally spacious 1120 sqf tone-bedroom residence has been thoughtfully renovated creating an open, functional, and inviting floor plan. The result is a home that feels both expansive and effortless, with a seamless flow between the living, dining, and kitchen spaces. Floor-to-ceiling windows fill the principal living areas with natural light while showcasing spectacular views of Toronto Harbour, Lake Ontario, the CN Tower, and Queens Quay. The beautifully designed eat-in kitchen offers an abundance of cabinetry, a generous centre island, and breakfast bar seating, creating a space that is equally suited to everyday living and entertaining. The oversized bedroom provides a comfortable private retreat, while the generous overall layout offers flexibility rarely found in a one-bedroom condo. Residents enjoy complimentary access to the Radisson Hotel's heated pool, sundeck, and dining facilities, creating a resort-like experience without ever leaving home. Ideally positioned in the heart of Toronto's Harbourfront, you are steps from the waterfront, Rogers Centre, Ripley's Aquarium, the Yacht Club, parks, restaurants, cafés, shopping, and the city's best entertainment. From summer concerts and cultural festivals to outdoor movies, art exhibitions, holiday markets, and waterfront events, there is always something happening just outside your door. One parking and locker included!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13678026
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 1000-1199
- Cross streets
- Rees and Queen Quay
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $1,219/mo
- Exposure
- South East
- Property tax
- $5,407 / 2025
- Listing brokerage
- REMAX YOUR COMMUNITY REALTY
Listed at $849,000, and my independent estimate is within the range of comparable homes, on the higher side.
In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~40 days.
Total price vs nearby homes. Fair value about $750K, median of 25 comparables.
How this estimate is builtthe short version
I take the 25 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, and the city (MPAC) assessment points to about $990K, higher than the comparables and worth a second look.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Schools & getting aroundcatchment and transit
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.
Based on 25 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homesThis home lists 19% below the area average of $949/sqft.
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 4.09% via Ratehub.ca (as of August 14, 2026); conventional rates run a little higher.
Mortgage amount $679,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,662
- Property tax
- $451
- Condo / maintenance fees
- $1,219
- Heating
- $0
- Estimated monthly cost
- $5,331
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $13,455
- Toronto municipal land transfer tax
- $13,455
- Estimated closing costs
- $26,910
Plus your down payment of $169,800. 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
- $219,699
- Principal paid down
- $85,483
- Interest paid
- $134,216
- Balance remaining
- $593,717
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 REMAX YOUR COMMUNITY REALTY. MLS®/PropTx.