116-955 Queen Street, Toronto, ON

Niagara, Toronto · MLS® C13873114

$1,239,000
For Sale
Listed 12 days agoNo offer date stated
1+1Bedrooms
1Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • A truly rare Live/Work loft at the iconic Chocolate Factory Lofts.
  • One of the building's coveted few residences with its own private entrance off Massey Street, this exceptional 1,089 sq ft ground-floor loft is unlike anything else.
  • Soaring ceilings, exposed brick, original beams and ductwork deliver authentic industrial character, while the expansive open-concept layout offers incredible...

A truly rare Live/Work loft at the iconic Chocolate Factory Lofts. One of the building's coveted few residences with its own private entrance off Massey Street, this exceptional 1,089 sq ft ground-floor loft is unlike anything else. Soaring ceilings, exposed brick, original beams and ductwork deliver authentic industrial character, while the expansive open-concept layout offers incredible flexibility, including space for a second bedroom. A large primary bedroom, private terrace, parking and locker complete the package. Prime Trinity Bellwoods location, directly across from the park and Trinity Community Centre, with Queen West at your doorstep and Ossington, Dundas West and King West just minutes away. The city's best restaurants, cafés, boutiques and TTC are all right outside. For those who value character over cookie-cutter and space over sameness, this is a rare opportunity to own a truly iconic Toronto loft.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13873114
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
1000-1199 sq ft
Cross streets
Queen St W and Shaw
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,134/mo
Exposure
East
Property tax
$5,034 / 2026
Days on market
12
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

DenMain3.50 × 2.00 m

laminate · open concept

Living RoomMain8.57 × 4.05 m

combined w/dining · w/o to terrace · large window

Primary BedroomMain5.05 × 3.91 m

separate shower · double doors · 4 pc ensuite

KitchenMain4.16 × 2.00 m

open concept · granite counters · centre island

Dining RoomMain8.57 × 4.05 m

combined w/living · laminate

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 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.

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
$682K
Kensington-Chinatown
$585K
Annex
$1.03M
Church-Yonge Corridor
$876K

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 · 0.5 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Givins/Shaw Junior Public School · Public elementary0.3 km · 81% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.5 km
Charles G Fraser Junior Public School · Public elementary0.6 km · 74% at standard
St Mary Catholic School · Catholic elementary0.8 km · 64% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.1 km · 88% at standard
The Grove Community School · Public elementary1.1 km
Alexander Muir/Gladstone Ave Junior and Senior Public School · Public elementary1.1 km · 73% at standard
St Francis of Assisi Catholic School · Catholic elementary1.3 km · 80% at standard
ALPHA Alternative Junior School · Public elementary1.3 km
Oasis Alternative Secondary School · Public secondary1.3 km
Dewson Street Junior Public School · Public elementary1.4 km · 64% 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
$5,647/mo
$253KIncome needed
4.9×Price ÷ income
$1,303Weekly cost
$42,510Land 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.

78%mortgage
Mortgage $5,647Property tax $419Condo fee $1,134Total carry $7,201

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)
$5,481per month

Mortgage amount $991,200 · 4.49% over 25 years

$247,800Down payment (20.0%)
$991,200Loan before insurance
$0CMHC premium
$7,034Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,481
Property tax
$420
Condo / maintenance fees
$1,134
Heating
$0
Estimated monthly cost
$7,034

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

One-time closing costs

Ontario land transfer tax
$21,255
Toronto municipal land transfer tax
$21,255
Estimated closing costs
$42,510

Plus your down payment of $247,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$6,633/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

$652,954Total interest paid
$1,644,154Total of all payments
Principal $991,200 Interest $652,954
YearPrincipalInterestBalance
1$22,119$43,647$969,081
2$23,124$42,643$945,957
3$24,174$41,593$921,783
4$25,271$40,495$896,512
5$26,419$39,348$870,094
6$27,618$38,148$842,476
7$28,872$36,894$813,604
8$30,183$35,583$783,421
9$31,553$34,213$751,867
10$32,986$32,780$718,881
11$34,484$31,282$684,397
12$36,049$29,717$648,348
13$37,686$28,080$610,662
14$39,397$26,369$571,264
15$41,186$24,580$530,078
16$43,056$22,710$487,022
17$45,011$20,755$442,011
18$47,055$18,711$394,956
19$49,191$16,575$345,765
20$51,425$14,341$294,341
21$53,760$12,007$240,581
22$56,200$9,566$184,380
23$58,752$7,014$125,628
24$61,420$4,346$64,208
25$64,208$1,558$0

At the end of your 5-year term

Total paid over the term
$328,831
Principal paid down
$121,106
Interest paid
$207,725
Balance remaining
$870,094

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$3,400/mo
$40,800Gross annual rent
1.4%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.

3.3%
Gross yield
− Property tax $5,034− Condo fees $13,613− Insurance $600− Vacancy & upkeep $4,488Net operating income $17,065

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.

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