1602-88 Queen Street, Toronto, ON

Church-Yonge Corridor, Toronto · MLS® C13876458

$599,900
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
700-799Sq ft

About this home

In short

  • Experience luxury living at the stunning 88 Queen Residences with a walk score of 100.
  • The open-concept living and dining area is perfect for entertaining or relaxing with panoramic city views.
  • The primary suite includes a spa-inspired ensuite with a glass shower enclosure, elegant custom vanity, and porcelain tile finishes.
  • Enjoy exceptional building amenities and an unbeatable downtown location steps to Queen Subway Station, Eaton Centre, Toronto Metropolitan University, St.
  • Building Amenities: 24-Hr Concierge, State-Of-The-Art Fitness Centre & Yoga Studio, Co-Working Lounge & Business Centre, Private Dining Room & Party Room, Theatre /...

Experience luxury living at the stunning 88 Queen Residences with a walk score of 100! This bright and spacious 2- bedroom, 2-bath corner suite offers (714 SF +134 SF Balcony, Total: 848 SF) a functional layout (split bedrooms) with 9-foot smooth ceilings, quality wood flooring, and floor-to- ceiling windows that fill the space with natural light. The modern kitchen features integrated stainless steel appliances, porcelain countertops and backsplash, a built-in cooktop, oven, microwave, and under-cabinet lighting. The open-concept living and dining area is perfect for entertaining or relaxing with panoramic city views. Both bedrooms are well-sized with generous closets and windows. The primary suite includes a spa-inspired ensuite with a glass shower enclosure, elegant custom vanity, and porcelain tile finishes. Additional features include in- suite laundry, individual climate control with heat and A/C, and a 24-hour concierge with secure access and a personal intrusion alarm system. Enjoy exceptional building amenities and an unbeatable downtown location steps to Queen Subway Station, Eaton Centre, Toronto Metropolitan University, St. Lawrence Market, and the Financial District. Building Amenities: 24-Hr Concierge, State-Of-The-Art Fitness Centre & Yoga Studio, Co-Working Lounge & Business Centre, Private Dining Room & Party Room, Theatre / Screening Room, Rooftop Infinity Pool With Cabanas & BBQ Area, Outdoor Terrace With Fireplaces & Lounge Seating, Guest Suites, Bike Storage & EV Charging Stations.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13876458
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Queen St. E / Church St.
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$552/mo
Exposure
North East
Days on market
11
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

Bedroom 2Flat2.64 × 2.46 m

laminate · window · closet

Dining RoomFlat4.72 × 4.67 m

laminate · combined w/living · open concept

Bedroom 3Flat2.23 × 2.46 m

large window · closet

Primary BedroomFlat2.95 × 2.79 m

laminate · 3 pc ensuite · large closet

Living RoomFlat4.72 × 4.67 m

laminate · combined w/dining · w/o to balcony

KitchenFlat4.72 × 4.67 m

quartz counter · modern kitchen · b/i appliances

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 Lord Dufferin Junior and Senior Public 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 Church-Yonge Corridor · asking prices
$615kavg 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 $870/sqft; this home lists at $800/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k599k596k659k620kThis home vs active comparables

Neighbourhood & location

Church-Yonge Corridor, 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
North St. James Town
$765K
Kensington-Chinatown
$585K
Waterfront Communities C1
$629K
Niagara
$631K

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 Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Michael's Choir (Jr) School · Catholic elementary0.3 km · 98% at standard
St Michael's Choir (Sr) School · Catholic secondary0.3 km · 98% at standard
Downtown Alternative School · Public elementary0.7 km
St Michael Catholic School · Catholic elementary0.7 km · 67% at standard
Market Lane Junior and Senior Public School · Public elementary0.9 km · 74% at standard
Church Street Junior Public School · Public elementary1.2 km · 73% at standard
Native Learning Centre · Public secondary1.2 km
Nelson Mandela Park Public School · Public elementary1.2 km · 47% at standard
Contact Alternative School School · Public secondary1.2 km
Jarvis Collegiate Institute · Public secondary1.4 km · 57% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.4 km
Winchester Junior and Senior Public School · Public elementary1.4 km · 76% at standard

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

Affordability & Mortgage

Affordability
$2,734/mo
$131KIncome needed
4.6×Price ÷ income
$631Weekly cost
$16,946Land 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.

75%mortgage
Mortgage $2,734Estimated property tax $375Condo fee $552Total carry $3,661

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)
$2,654per month

Mortgage amount $479,920 · 4.49% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,580Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,654
Estimated property tax
$375
Condo / maintenance fees
$552
Heating
$0
Estimated monthly cost
$3,580

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,212/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

$316,148Total interest paid
$796,068Total of all payments
Principal $479,920 Interest $316,148
YearPrincipalInterestBalance
1$10,710$21,133$469,210
2$11,196$20,647$458,014
3$11,704$20,138$446,310
4$12,236$19,607$434,074
5$12,791$19,051$421,283
6$13,372$18,471$407,910
7$13,979$17,863$393,931
8$14,614$17,229$379,317
9$15,278$16,565$364,040
10$15,971$15,872$348,068
11$16,696$15,146$331,372
12$17,454$14,388$313,918
13$18,247$13,596$295,671
14$19,075$12,767$276,595
15$19,942$11,901$256,654
16$20,847$10,996$235,807
17$21,793$10,049$214,013
18$22,783$9,060$191,230
19$23,817$8,025$167,413
20$24,899$6,944$142,514
21$26,029$5,813$116,485
22$27,211$4,632$89,273
23$28,447$3,396$60,827
24$29,738$2,104$31,089
25$31,089$754$0

At the end of your 5-year term

Total paid over the term
$159,214
Principal paid down
$58,637
Interest paid
$100,576
Balance remaining
$421,283

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$2,400/mo
$28,800Gross annual rent
2.4%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.

4.8%
Gross yield
− Property tax $4,199− Condo fees $6,621− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,212

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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