502-218 Queens Quay, Toronto, ON
Waterfront Communities C1, Toronto · MLS® C13822924
About this home
In short
- Wake up to breathtaking lake and harbour front views from this beautifully renovated 2-bedroom plus den/solarium and 2-bathroom residence at Water Club Condos...
- Offering 834 sq. ft. of sophisticated living space with southeast exposure, this bright and stylish suite features floor-to-ceiling windows, hardwood flooring and an...
- The versatile den/solarium is surrounded by large windows and features a convenient pocket door for added privacy; functions beautifully as an office, dining area...
- The primary offers sliding doors, closet, and a private 4-piece en suite, while the second bedroom features hardwood flooring and a custom Murphy bed/desk/closet unit.
- A second 3-piece bathroom and convenient in-suite laundry with a new washer and dryer complete the interior.
Wake up to breathtaking lake and harbour front views from this beautifully renovated 2-bedroom plus den/solarium and 2-bathroom residence at Water Club Condos, ideally situated in the heart of Toronto's vibrant waterfront. Offering 834 sq. ft. of sophisticated living space with southeast exposure, this bright and stylish suite features floor-to-ceiling windows, hardwood flooring and an expansive balcony overlooking Lake Ontario and Toronto's Central Harbour front. The fully upgraded kitchen is designed for both everyday living and entertaining, featuring marble counters, subway tile back splash, pot lights, abundant cabinetry and storage, full-size stainless steel appliances and a generous centre breakfast island. The kitchen flows seamlessly into the sun-filled living area and a walkout to the balcony-an exceptional setting for morning coffee, evening entertaining or simply enjoying the waterfront views.The versatile den/solarium is surrounded by large windows and features a convenient pocket door for added privacy; functions beautifully as an office, dining area, breakfast nook or an optional 3rd bedroom. The primary offers sliding doors, closet, and a private 4-piece en suite, while the second bedroom features hardwood flooring and a custom Murphy bed/desk/closet unit. A second 3-piece bathroom and convenient in-suite laundry with a new washer and dryer complete the interior. The suite also features a new heat pump and includes one owned locker. Residents enjoy an impressive collection of amenities, including 24-hour concierge, indoor & outdoor swimming, fitness centre, rooftop deck and community BBQ's. The location delivers an exceptional downtown waterfront lifestyle, just steps from the boardwalk, waterfront attractions, water taxi access, Saturday farmers' markets, café's, restaurants and grocery, with convenient access to Union Station and Rogers Centre. A rare opportunity to enjoy the perfect combination of waterfront views & thoughtful upgrades.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13822924
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 800-899 sq ft
- Cross streets
- York and Queens Quay
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Concrete, Metal/Steel Siding
- Maintenance
- $990/mo
- Exposure
- South
- Property tax
- $3,793 / 2025
- Days on market
- 25
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Rooms
marble floor · breakfast bar · pantry
Marble Floor
hardwood floor · combined w/dining · overlook water
combined w/living · open concept
window floor to ceiling · se view
4 pc ensuite · walk-in closet(s)
quartz counter · stainless steel appl · pot lights
murphy bed · sliding doors
overlook water · se view · w/o to balcony
hardwood floor · combined w/living · overlook water
Broadloom
hardwood floor · irregular room · overlook water
broadloom · 4 pc ensuite · walk-in closet(s)
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readThe 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.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,034/sqft; this home lists at $895/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
Waterfront Communities C1, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $608,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,362
- Property tax
- $316
- Condo / maintenance fees
- $990
- Heating
- $0
- Estimated monthly cost
- $4,668
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $11,675
- Toronto municipal land transfer tax
- $11,675
- Estimated closing costs
- $23,350
Plus your down payment of $152,000. 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
- $201,704
- Principal paid down
- $74,286
- Interest paid
- $127,418
- Balance remaining
- $533,714
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 HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.