301-250 Queens Quay, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13833996

$625,000
For Sale
Listed 21 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • GORGEOUS UPDATED AND BRIGHT LAKEVIEW CONDO WITH UNMATCHED CONVENIENCE.
  • This beautifully renovated, 854 sq ft one bedroom with open den, corner unit offers a perfect blend of modern luxury and unparalleled daily convenience.
  • Renovated Kitchen with premium quartz countertops and a sleek, modern finish overlooks lake.

GORGEOUS UPDATED AND BRIGHT LAKEVIEW CONDO WITH UNMATCHED CONVENIENCE! Welcome to your dream oasis overlooking the water! This beautifully renovated, 854 sq ft one bedroom with open den, corner unit offers a perfect blend of modern luxury and unparalleled daily convenience. This stunning unit is completely move-in ready and shows beautifully. Take in unobstructed vistas of Lake Ontario right from your living space and enjoy peaceful views overlooking the adjacent parkette. Experience incredible natural light throughout the day, showcasing the bright, airy design. AN ULTRA-RARE FIND: NO ELEVATORS REQUIRED with both your parking space and storage locker located on the same floor as your unit! The Exclusive Parking spot is in a secure, covered above ground lot situated directly beside the building's entrance door with seamless access straight from your car, through the entrance door, down a short hall and right into your unit. This level of accessibility is incredibly rare and highly sought after. Renovated Kitchen with premium quartz countertops and a sleek, modern finish overlooks lake. Brand-new, durable vinyl flooring flows seamlessly through the main living spaces and freshly painted in a bright, neutral palette that complements any decor style. The very spacious bedroom is a tranquil retreat with an oversized closet. And the versatile den offers the perfect setup for a bright home office, a cozy reading nook or a creative space showcasing incredible southeast views of the water and green space. This home combines a highly coveted waterfront lifestyle with access to bike path right across street and a short walk to exceptional restaurants, Union Station's TTC, Go and Via Rail, Rogers Centre for Jay games/concerts or Scotiabank Arena for Leafs/Raptors games and close to the island airport. Lovely unit with south facing lake views in a well managed building with concierge/security, gym, guest suite and roof top deck with bbqs! Don't miss this rarely available unit!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13833996
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
800-899 sq ft
Cross streets
Queens Quay W/Lower Simcoe St
Parking
1 garage (other)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$913/mo
Exposure
South
Property tax
$2,813 / 2025
Days on market
21
Listing brokerage
RE/MAX PRIME PROPERTIES - UNIQUE GROUP

Rooms

Primary BedroomMain3.66 × 3.40 m

vinyl floor · large closet · east view

Living RoomMain4.98 × 3.66 m

vinyl floor · open concept · combined w/dining

DenMain4.37 × 2.29 m

vinyl floor · overlook water · south view

FoyerMain1.93 × 1.40 m

mirrored closet · tile floor · combined w/laundry

KitchenMain3.05 × 2.87 m

tile floor · breakfast bar · overlook water

Dining RoomMain2.87 × 2.54 m

vinyl floor · overlook water · combined w/living

Our TakeTeam Asgarian · Broker
No automatic estimate

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 read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$624kavg asking

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 $832/sqft; this home lists at $736/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
625kThis home630k630k688k555k615kThis home vs active comparables

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.

Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Niagara
$724K
North St. James Town
$765K

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 The Waterfront School
74%
The Waterfront SchoolPublic · Elementary · 1.0 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jean Lumb Public School · Public elementary0.8 km · 73% at standard
Oasis Alternative Secondary School · Public secondary1.3 km
ALPHA Alternative Junior School · Public elementary1.3 km
Ogden Junior Public School · Public elementary1.4 km · 69% at standard
Downtown Alternative School · Public elementary1.5 km
St Michael Catholic School · Catholic elementary1.5 km · 67% at standard
Contact Alternative School School · Public secondary1.6 km
St Mary Catholic School · Catholic elementary1.7 km · 64% at standard
St Michael's Choir (Sr) School · Catholic secondary1.8 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.9 km · 98% at standard
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard
Ryerson Community School Junior Senior · Public elementary1.9 km · 52% at standard

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

Affordability & Mortgage

Affordability
$2,849/mo
$136KIncome needed
4.6×Price ÷ income
$657Weekly cost
$17,950Land 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.

71%mortgage
Mortgage $2,849Property tax $234Condo fee $913Total carry $3,996

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)
$2,765per month

Mortgage amount $500,000 · 4.49% over 25 years

$125,000Down payment (20.0%)
$500,000Loan before insurance
$0CMHC premium
$3,912Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,765
Property tax
$234
Condo / maintenance fees
$913
Heating
$0
Estimated monthly cost
$3,912

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

One-time closing costs

Ontario land transfer tax
$8,975
Toronto municipal land transfer tax
$8,975
Estimated closing costs
$17,950

Plus your down payment of $125,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,346/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

$329,376Total interest paid
$829,376Total of all payments
Principal $500,000 Interest $329,376
YearPrincipalInterestBalance
1$11,158$22,017$488,842
2$11,664$21,511$477,178
3$12,194$20,981$464,984
4$12,748$20,427$452,236
5$13,327$19,848$438,909
6$13,932$19,243$424,978
7$14,564$18,611$410,413
8$15,225$17,950$395,188
9$15,917$17,258$379,271
10$16,639$16,536$362,632
11$17,395$15,780$345,237
12$18,185$14,990$327,052
13$19,010$14,165$308,042
14$19,874$13,301$288,168
15$20,776$12,399$267,392
16$21,719$11,456$245,673
17$22,705$10,470$222,968
18$23,736$9,439$199,231
19$24,814$8,361$174,417
20$25,941$7,234$148,477
21$27,118$6,057$121,358
22$28,350$4,825$93,009
23$29,637$3,538$63,372
24$30,983$2,192$32,389
25$32,389$786$0

At the end of your 5-year term

Total paid over the term
$165,875
Principal paid down
$61,091
Interest paid
$104,784
Balance remaining
$438,909

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$2,700/mo
$32,400Gross annual rent
2.3%Cap rate after taxes and upkeep

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.

5.2%
Gross yield
− Property tax $2,813− Condo fees $10,959− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,464

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PRIME PROPERTIES - UNIQUE GROUP. MLS®/PropTx.

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