231-901 Queen Street, Toronto, ON

Niagara, Toronto · MLS® C13789726

$1,099,900
For Sale
Listed 33 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
900-999Sq ft

About this home

In short

  • Extremely Rare Opportunity To Own A Unit In Trinity Park Lofts Offering A Parkside Residence With A 335 SF Private Terrace.
  • The oversized terrace is a true outdoor oasis and a rare find at this scale, perfect for entertaining, dining al fresco, urban gardening or simply relaxing while...
  • Inside, the open-concept layout offers exceptional flow for both everyday living and entertaining.
  • The second level features a generous primary bedroom with ample closet space and a newly renovated contemporary 3-piece bathroom with stylish designer finishes.
  • Beautiful new engineered hardwood flooring runs throughout the home, and a new heat pump was installed in 2025.

Extremely Rare Opportunity To Own A Unit In Trinity Park Lofts Offering A Parkside Residence With A 335 SF Private Terrace! Welcome to Suite 231 at 901 Queen Street West - a truly unique corner residence offering front-row views of Trinity Bellwoods Park and the best of Queen West right outside your door. Offering nearly 1,000 SF of interior living space over two levels, plus an expansive private terrace overlooking the park, this exceptional home provides over 1,300 SF of total indoor and outdoor living space. The oversized terrace is a true outdoor oasis and a rare find at this scale, perfect for entertaining, dining al fresco, urban gardening or simply relaxing while taking in the treetop views and vibrant neighbourhood. Inside, the open-concept layout offers exceptional flow for both everyday living and entertaining. Wall-to-wall, floor-to-ceiling windows fill the home with natural light and showcase beautiful treetop and park views. The sleek modern kitchen features full-sized stainless steel appliances, quartz countertops and a large peninsula overlooking the spacious dining area. The second level features a generous primary bedroom with ample closet space and a newly renovated contemporary 3-piece bathroom with stylish designer finishes. The second bedroom is currently configured as a den/home office with custom cabinetry, but can easily be converted back to a bedroom to suit your needs. Beautiful new engineered hardwood flooring runs throughout the home, and a new heat pump was installed in 2025. An oversized parking space and locker are conveniently located beside the elevator. This boutique, low-rise building offers a fitness room, meeting room and courtyard. Located in the heart of Queen West, you're steps from Toronto's best restaurants, cafés, shops, galleries and nightlife, with the TTC at your doorstep. A truly one-of-a-kind opportunity combining expansive private outdoor space, spectacular park views and vibrant downtown living.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13789726
Bedrooms
2
Bathrooms
2 (1 half)
Size
900-999 sq ft
Cross streets
Queen West and Strachan
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$984/mo
Exposure
North West
Property tax
$4,443 / 2026
Days on market
33
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain4.14 × 2.84 m

overlooks park · gas fireplace · hardwood floor

Primary BedroomSecond3.43 × 2.92 m

overlooks park · large closet · hardwood floor

Bedroom 2Second3.18 × 2.69 m

b/i bookcase · combined w/den · hardwood floor

KitchenMain3.25 × 3.20 m

quartz counter · stainless steel appl · hardwood floor

Dining RoomMain3.18 × 2.90 m

open concept · w/o to terrace · hardwood floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.07Mlikely sale price

Listed at $1,099,900. Going by how homes in Niagara have actually closed against their asking prices (about 97%, 118 local closings in 90 days), the likely sale price is near $1.07M, if it sells. A realistic range is $1.01M to $1.16M.

Independent value check: $939K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $874K and $987K).

Why $939K. The typical condo sold in Niagara over the past year went for about $591K (500 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $4,443 a year; the typical home sold here pays about $2,900.
  • ▲ Raises it stronglyIt is 900 to 999 sq ft; the typical home sold here is 600 to 699.
  • ▲ Raises it strongly2 bedrooms and 2 baths, against 1+1 and 1 typically.
List price
$1.01MBelow recent closings$1.16MAbove recent closings

Total price vs nearby homes. Likely closing about $1.07M, from 118 recent closings in this pocket.

The market behind the math:

118sold nearby · 90 days
$591Kmedian sold price
97%of asking, on average
~25 dayshomes like this take to sell
33days on market so far
$3,930/moest. rent · 5 leases
4.3%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.2 months of inventory: 6 condo apartment homes for sale in the area against 118 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $1,158/sqft against an area asking average of $871/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 118 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $813K. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Niagara Street Junior 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 3 homes sold in this building over the past year, plus 2 nearby in Niagara, from 500 closings in Niagara.

What sellers nearby are askingCurrently listed nearby in Niagara · asking prices
$644kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $939K, which is where my estimate comes from.

Per square foot, these ask about $912/sqft; this home lists at $1,158/sqft. Size is part of the price story, not just the sticker.

The 5 closest active listings nearby.

See all comparable homes
1.10MThis home722k650k669k609k570kThis home vs active comparables

Sold price trend

Median sold price for condos in Niagara: $609K in September 2026, down 6% from a year ago, on 497 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.

Month by month
MonthMedian soldClosings
October 2025$620K55
November 2025$632K42
December 2025$610K32
January 2026$538K25
February 2026$655K38
March 2026$554K56
April 2026$580K41
May 2026$590K51
June 2026$622K48
July 2026$575K34
August 2026$523K29
September 2026$609K46

Neighbourhood & location

Niagara, 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.

Little Portugal
$549K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$876K
Dovercourt-Wallace Emerson-Junction
$640K

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 Niagara Street Junior Public School
82%
Niagara Street Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Charles G Fraser Junior Public School · Public elementary0.4 km · 74% at standard
Givins/Shaw Junior Public School · Public elementary0.5 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.7 km
Pope Francis Catholic School · Catholic elementary1.0 km · 67% at standard
ALPHA Alternative Junior School · Public elementary1.1 km
Oasis Alternative Secondary School · Public secondary1.1 km
Ossington/Old Orchard Junior Public School · Public elementary1.2 km · 88% at standard
St Francis of Assisi Catholic School · Catholic elementary1.2 km · 80% at standard
Kensington Community School School Junior · Public elementary1.3 km · 97% at standard
The Grove Community School · Public elementary1.3 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.3 km · 73% at standard
Clinton Street Junior Public School · Public elementary1.4 km · 90% at standard

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

Affordability & Mortgage

Affordability
$5,013/mo
$224KIncome needed
4.9×Price ÷ income
$1,157Weekly cost
$36,946Land 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 $5,013Property tax $370Condo fee $984Total carry $6,367

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,865per month

Mortgage amount $879,920 · 4.49% over 25 years

$219,980Down payment (20.0%)
$879,920Loan before insurance
$0CMHC premium
$6,219Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,865
Property tax
$370
Condo / maintenance fees
$984
Heating
$0
Estimated monthly cost
$6,219

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

One-time closing costs

Ontario land transfer tax
$18,473
Toronto municipal land transfer tax
$18,473
Estimated closing costs
$36,946

Plus your down payment of $219,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,889/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

$579,649Total interest paid
$1,459,569Total of all payments
Principal $879,920 Interest $579,649
YearPrincipalInterestBalance
1$19,636$38,747$860,284
2$20,528$37,855$839,756
3$21,460$36,923$818,297
4$22,434$35,949$795,863
5$23,453$34,930$772,410
6$24,517$33,865$747,893
7$25,631$32,752$722,262
8$26,794$31,588$695,468
9$28,011$30,372$667,457
10$29,283$29,100$638,174
11$30,612$27,770$607,562
12$32,002$26,381$575,559
13$33,455$24,927$542,104
14$34,974$23,408$507,130
15$36,562$21,821$470,568
16$38,222$20,160$432,345
17$39,958$18,425$392,387
18$41,772$16,611$350,615
19$43,669$14,714$306,947
20$45,651$12,731$261,296
21$47,724$10,659$213,571
22$49,891$8,492$163,680
23$52,156$6,227$111,524
24$54,524$3,858$57,000
25$57,000$1,383$0

At the end of your 5-year term

Total paid over the term
$291,914
Principal paid down
$107,510
Interest paid
$184,404
Balance remaining
$772,410

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 5 whole-home leases in Niagara$3,930/mo
$47,160Gross annual rent
2.3%Cap rate after taxes and upkeep
$3,458 to $4,402Typical rent range
~16 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 5 whole-home leases in Niagara signed at a median of $3,000 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,930. 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.

4.3%
Gross yield
− Property tax $4,443− Condo fees $11,803− Insurance $600− Vacancy & upkeep $5,188Net operating income $25,127

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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