Th05-58 Queens Wharf Road, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13718684

$1,299,000
For Sale
Listed 53 days agoNo offer date stated
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3+1Bedrooms
3Bathrooms
1Garage
1400-1599Sq ft

About this home

In short

  • 3+1 Bedroom Live/Work Townhome with 3 Full Bathrooms featuring an open-concept, spacious layout.
  • Primary bedroom with ensuite, spacious bedrooms, and floor-to-ceiling windows offering CN Tower views throughout.

3+1 Bedroom Live/Work Townhome with 3 Full Bathrooms featuring an open-concept, spacious layout. Modern kitchen with premium built-in appliances and cabinet organizers. Primary bedroom with ensuite, spacious bedrooms, and floor-to-ceiling windows offering CN Tower views throughout. Conveniently located steps from supermarkets, library, parks, restaurants, coffee shops, and transit, with easy access to the subway, TTC, Financial District, Entertainment District, QEW and DVP.

Key facts

Property type
Condo Townhouse, 2-Storey
MLS®
C13718684
Bedrooms
3+1 (4 total)
Bathrooms
3
Size
1400-1599 sq ft
Cross streets
Bathurst And Lakeshore
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,029/mo
Exposure
East
Property tax
$6,017 / 2026
Days on market
53
Listing brokerage
RE/MAX CROSSROADS REALTY INC.

Rooms

DenSecond4.23 × 3.13 m

hardwood floor · hardwood floor · separate room

OtherSecond1.50 × 2.79 m

concrete floor · concrete floor · east view

Living RoomMain4.27 × 3.77 m

hardwood floor · combined w/dining · open concept

Bedroom 3Main2.75 × 2.74 m

hardwood floor · hardwood floor · closet

KitchenMain4.27 × 4.57 m

hardwood floor · stainless steel appl · stone counters

Bedroom 2Second2.56 × 2.97 m

hardwood floor · large window · closet

Dining RoomMain4.27 × 3.57 m

hardwood floor · combined w/kitchen · open concept

Primary BedroomSecond3.61 × 2.95 m

walk-in closet(s) · 4 pc ensuite · w/o to balcony

FoyerMain2.18 × 1.20 m

hardwood floor · hardwood floor · closet

Our TakeTeam Asgarian · Broker
Ask and recent sales differ
$1.10Mautomated estimate, from recent sales

Listed at $1,299,000, about 18% above our estimate of $1.10M (homes like it typically land between $1.02M and $1.15M).

Why $1.10M. The typical townhouse sold in Waterfront Communities C1 over the past year went for about $985K (14 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,017 a year; the typical home sold here pays about $4,500.
  • ▲ Raises itIt is 1,400 to 1,599 sq ft; the typical home sold here is 1,100 to 1,299.
List price
$1.02MBelow our range$1.30MAbove our range

Total price vs nearby homes. Fair value about $1.10M, learned from recent GTA sales.

The market behind the math:

53days on market so far
$5,452/moest. rent · 19 leases
5.0%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $866/sqft against an area asking average of $942/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 7 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.20M. Condition and finishes remain an in-person call.

What the listing highlights2 points to weigh

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

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
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.

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

Priced above comparable homes overall, but the price per square foot ($866/sqft) is below the area, so you are paying for extra space rather than a premium.

There were not many closely comparable homes right in Waterfront Communities C1, so I widened the search to the surrounding area.

Based on 7 comparable homes that sold in Waterfront Communities C1 over the past two years, from 20 closings there.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$1.18Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo townhouse listings on the market. Homes like this one have recently closed around $1.10M, which is where my estimate comes from.

Per square foot, these ask about $900/sqft; this home lists at $866/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
1.30MThis home1.43M1.49M1.25M900k839kThis home vs active comparables

Sold price trend

Median sold price for condo townhouses in Toronto: $684K in September 2026, down 3% from a year ago, on 1,425 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$702K150
November 2025$709K130
December 2025$705K63
January 2026$695K77
February 2026$728K104
March 2026$715K121
April 2026$711K147
May 2026$726K131
June 2026$706K132
July 2026$683K156
August 2026$669K116
September 2026$684K98

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
$902K
Casa Loma
$2.80M
Mimico
$840K
Islington-City Centre West
$588K
Long Branch
$800K

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 · 0.4 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Waterfront School · Public elementary0.3 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.8 km
ALPHA Alternative Junior School · Public elementary0.8 km
St Mary Catholic School · Catholic elementary0.9 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
Ogden Junior Public School · Public elementary1.3 km · 69% at standard
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Ryerson Community School Junior Senior · Public elementary1.5 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Contact Alternative School School · Public secondary1.9 km
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard
Msgr Fraser College (Southwest) · Catholic secondary2.0 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,920/mo
$264KIncome needed
4.9×Price ÷ income
$1,366Weekly cost
$44,910Land transfer tax, one-time (Ontario + Toronto)
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.

79%mortgage
Mortgage $5,920Property tax $501Condo fee $1,029Total carry $7,451

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,746per month

Mortgage amount $1,039,200 · 4.49% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$7,276Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,746
Property tax
$501
Condo / maintenance fees
$1,029
Heating
$0
Estimated monthly cost
$7,276

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

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,955/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

$684,575Total interest paid
$1,723,775Total of all payments
Principal $1,039,200 Interest $684,575
YearPrincipalInterestBalance
1$23,191$45,760$1,016,009
2$24,243$44,708$991,766
3$25,344$43,607$966,422
4$26,495$42,456$939,927
5$27,698$41,253$912,229
6$28,956$39,995$883,273
7$30,270$38,681$853,003
8$31,645$37,306$821,359
9$33,081$35,870$788,277
10$34,583$34,368$753,694
11$36,154$32,797$717,540
12$37,795$31,156$679,745
13$39,511$29,440$640,234
14$41,305$27,646$598,929
15$43,181$25,770$555,748
16$45,141$23,810$510,607
17$47,191$21,760$463,416
18$49,333$19,618$414,083
19$51,573$17,378$362,509
20$53,915$15,036$308,594
21$56,363$12,588$252,231
22$58,922$10,029$193,309
23$61,597$7,354$131,712
24$64,394$4,557$67,318
25$67,318$1,633$0

At the end of your 5-year term

Total paid over the term
$344,755
Principal paid down
$126,971
Interest paid
$217,784
Balance remaining
$912,229

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
From 19 whole-home leases in Waterfront Communities C1$5,452/mo
$65,424Gross annual rent
3.0%Cap rate after taxes and upkeep
$5,180 to $5,820Typical rent range
~19 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 19 whole-home leases in Waterfront Communities C1 signed at a median of $5,449 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,452. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.0%
Gross yield
− Property tax $6,017− Condo fees $12,354− Insurance $600− Vacancy & upkeep $7,197Net operating income $39,256

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

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