708-75 Queens Wharf Road, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13683618

$510,000
For Sale
Just listed today
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1Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Corner Unit With Lake Views ( S / W Exposure)! Floor-To-Ceiling (9Ft) Windows! 673 Sq-Ft. City Living At Its Finest, Very Functional Layout. Balcony, En Suite Laundry, Quartz Stone Countertop. 24Hrs Concierge, Movie Room, Guest Suites, Fitness Center, Indoor Pool Etc. Steps To Streetcar, Library, School, Walk To Restaurants, Public Transit, King West, Billy Bishop Airport & Waterfront. Property is tenanted. Tenant willing to stay.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13683618
Bedrooms
1
Bathrooms
1
Size
600-699
Cross streets
Lakeshore/Bathurst
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$542/mo
Exposure
South West
Property tax
$2,820 / 2026
Listing brokerage
CITYSCAPE REAL ESTATE LTD.
Our TakeTeam Asgarian · Broker
In line
$481Kest. value

Listed at $510,000, and my independent estimate is right in line with comparable homes.

In Waterfront Communities C1 lately, sellers get about 96% of asking; homes sell in ~38 days.

List price
$469KGreat deal$527KOverpriced

Total price vs nearby homes. Fair value about $481K, median of 15 comparables.

How this estimate is builtthe short version

I take the 15 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 $457K, a close match.

What the listing highlights3 points 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
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
  • Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit

The assigned public school is Jean Lumb Public 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 15 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$543kavg asking

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

312-350 Wellington Street$489k901-508 Wellington Street$489k504-77 Harbour Square$540k613-55 Stewart Street$599k621-438 Richmond Street$599k

The 5 closest of 7 active listings nearby.

See all comparable homes
510kThis home489k489k540k599k599kThis home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $599K
$785this home / sqft
52active listings nearby
100sold nearby · 90 days
$573Kmedian sold price
96%of asking, on average

This home lists 14% below the area average of $910/sqft.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Niagara
$497K
Moss Park
$630K
Church-Yonge Corridor
$593K
South Riverdale
$599K
Mimico
$556K

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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$2,324/mo
$110KIncome needed
4.6×Price ÷ income
$536Weekly 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.

75%mortgage
Mortgage $2,324Property tax $235Condo fee $542Total carry $3,102

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of August 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,200per month

Mortgage amount $408,000 · 4.24% over 25 years

$102,000Down payment (20.0%)
$408,000Loan before insurance
$0CMHC premium
$2,977Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,200
Property tax
$235
Condo / maintenance fees
$542
Heating
$0
Estimated monthly cost
$2,977

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

One-time closing costs

Ontario land transfer tax
$6,675
Toronto municipal land transfer tax
$6,675
Estimated closing costs
$13,350

Plus your down payment of $102,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$2,669/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

$251,872Total interest paid
$659,872Total of all payments
Principal $408,000 Interest $251,872
YearPrincipalInterestBalance
1$9,427$16,968$398,573
2$9,831$16,564$388,743
3$10,252$16,143$378,491
4$10,691$15,704$367,799
5$11,149$15,246$356,650
6$11,627$14,768$345,023
7$12,125$14,270$332,898
8$12,645$13,750$320,253
9$13,187$13,208$307,066
10$13,752$12,643$293,314
11$14,341$12,054$278,973
12$14,955$11,439$264,018
13$15,596$10,799$248,422
14$16,265$10,130$232,157
15$16,962$9,433$215,195
16$17,688$8,707$197,507
17$18,446$7,949$179,061
18$19,237$7,158$159,824
19$20,061$6,334$139,763
20$20,921$5,474$118,843
21$21,817$4,578$97,026
22$22,752$3,643$74,274
23$23,727$2,668$50,547
24$24,743$1,651$25,804
25$25,804$591$0

At the end of your 5-year term

Total paid over the term
$131,974
Principal paid down
$51,350
Interest paid
$80,624
Balance remaining
$356,650

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
2.3%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.

4.8%
Gross yield
− Property tax $2,820− Condo fees $6,509− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,965

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CITYSCAPE REAL ESTATE LTD.. MLS®/PropTx.

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