609-15 Queens Quay, Toronto, ON

Waterfront Communities C8, Toronto · MLS® C13859682

$529,000
For Sale
Listed 15 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Spacious 1 Br 1 Den Unit At Pier 27 Condos By The Lake, Few Steps From Water.
  • Laminate Floor Throughout, Open Concept Kitchen With Quartz Counter Top, 9Ft Ceiling With Floor To Ceiling Windows.

Spacious 1 Br 1 Den Unit At Pier 27 Condos By The Lake, Few Steps From Water. Prime Location In The Heart Of South Core Financial. Bedroom Have Window To Outside. Laminate Floor Throughout, Open Concept Kitchen With Quartz Counter Top, 9Ft Ceiling With Floor To Ceiling Windows. Short Walk To Union Station, Loblaw, St. Lawrence Market, Roger's Centre, Scotiabank Arena, Fabulous Dining And Entertainment, Easy Access Highway, Central Island Airport.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13859682
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Yonge/Queens Quay
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$482/mo
Exposure
South East
Property tax
$2,862 / 2026
Days on market
15
Listing brokerage
KW Living Realty

Rooms

DenMain2.57 × 1.75 m

Laminate

Dining RoomMain7.80 × 3.05 m

Laminate

Primary BedroomMain3.43 × 2.57 m

Laminate

Living RoomMain7.80 × 3.05 m

laminate · combined w/dining

KitchenMain7.80 × 3.05 m

open concept · modern kitchen · quartz counter

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 Queen Alexandra Middle 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 C8 · asking prices
$545kavg 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 $992/sqft; this home lists at $963/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
529kThis home500k499k560k578k589kThis home vs active comparables

Neighbourhood & location

Waterfront Communities C8, 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.

Church-Yonge Corridor
$580K
Moss Park
$495K
Waterfront Communities C1
$713K
Kensington-Chinatown
$600K
North St. James Town
$649K

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 Dundas Junior Public School
59%
Dundas Junior Public SchoolPublic · Elementary · 3.0 km awayBelow the GTA average · 59% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Downtown Alternative School · Public elementary0.7 km
Market Lane Junior and Senior Public School · Public elementary1.1 km · 74% at standard
St Michael's Choir (Sr) School · Catholic secondary1.5 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.5 km · 98% at standard
Bishop Macdonell Catholic School · Catholic elementary1.7 km · 82% at standard
Jean Lumb Public School · Public elementary1.7 km · 73% at standard
St Paul Catholic School · Catholic elementary1.8 km · 62% at standard
Contact Alternative School School · Public secondary1.9 km
Ogden Junior Public School · Public elementary2.0 km · 69% at standard
City School · Public secondary2.0 km · 58% at standard
The Waterfront School · Public elementary2.0 km · 74% at standard
Oasis Alternative Secondary School · Public secondary2.0 km

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

Affordability & Mortgage

Affordability
$2,411/mo
$112KIncome needed
4.7×Price ÷ income
$556Weekly cost
$14,110Land 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.

77%mortgage
Mortgage $2,411Property tax $239Condo fee $482Total carry $3,132

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)
$2,340per month

Mortgage amount $423,200 · 4.49% over 25 years

$105,800Down payment (20.0%)
$423,200Loan before insurance
$0CMHC premium
$3,060Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,340
Property tax
$239
Condo / maintenance fees
$482
Heating
$0
Estimated monthly cost
$3,060

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

One-time closing costs

Ontario land transfer tax
$7,055
Toronto municipal land transfer tax
$7,055
Estimated closing costs
$14,110

Plus your down payment of $105,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,832/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

$278,784Total interest paid
$701,984Total of all payments
Principal $423,200 Interest $278,784
YearPrincipalInterestBalance
1$9,444$18,635$413,756
2$9,873$18,207$403,883
3$10,321$17,758$393,562
4$10,790$17,290$382,772
5$11,280$16,800$371,493
6$11,792$16,288$359,701
7$12,327$15,752$347,374
8$12,887$15,193$334,487
9$13,472$14,607$321,015
10$14,084$13,996$306,932
11$14,723$13,356$292,208
12$15,392$12,688$276,817
13$16,090$11,989$260,726
14$16,821$11,258$243,905
15$17,585$10,495$226,321
16$18,383$9,696$207,938
17$19,218$8,862$188,720
18$20,090$7,989$168,629
19$21,003$7,077$147,627
20$21,956$6,123$125,671
21$22,953$5,126$102,718
22$23,995$4,084$78,723
23$25,085$2,995$53,638
24$26,224$1,856$27,414
25$27,414$665$0

At the end of your 5-year term

Total paid over the term
$140,397
Principal paid down
$51,707
Interest paid
$88,689
Balance remaining
$371,493

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$1,700/mo
$20,400Gross annual rent
1.7%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.

3.9%
Gross yield
− Property tax $2,862− Condo fees $5,784− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,910

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KW Living Realty. MLS®/PropTx.

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