1512-85 Queens Wharf Road, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14017866

$750,000
For Sale
Listed 6 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright & Spacious 2 Br & 2 Full Baths + 1 Parking, Corner Unit With Wrap Around Floor To Ceiling Windows, Stunning East Lake & Park City View.
  • Great Location, Steps To Park, Ttc, Tim Hortons, Loblaws & Sobeys Grocery Stores.
  • Great Building Amenities:24 Hr Concierge, Indoor Pool, Gym, Party Room, Whirlpool & More.

Bright & Spacious 2 Br & 2 Full Baths + 1 Parking, Corner Unit With Wrap Around Floor To Ceiling Windows, Stunning East Lake & Park City View. Huge W/I Closet In Master Bedroom. Great Location, Steps To Park, Ttc, Tim Hortons, Loblaws & Sobeys Grocery Stores. Close To Rogers Centre, Cn Tower, Aquarium, Financial District, Acc & Union Station. Minutes To Qew, Lakeshore & Dvp. Great Building Amenities:24 Hr Concierge, Indoor Pool, Gym, Party Room, Whirlpool & More!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14017866
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Dan Leckie /Fort York
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$800/mo
Exposure
North East
Property tax
$3,875 / 2026
Days on market
6
Listing brokerage
HOMELIFE GOLCONDA REALTY INC.

Rooms

Living RoomFlat2.74 × 2.44 m

overlooks park · laminate · w/o to balcony

KitchenFlat3.88 × 3.81 m

combined w/dining · laminate · open concept

Dining RoomFlat3.88 × 3.81 m

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

Bedroom 2Flat3.45 × 2.46 m

large window · laminate · overlooks park

Primary BedroomFlat3.20 × 2.64 m

walk-in closet(s) · laminate · 4 pc ensuite

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 Jean Lumb 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 Waterfront Communities C1 · asking prices
$771kavg 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 $978/sqft; this home lists at $883/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
750kThis home799k750k769k838k700kThis 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.

Niagara
$724K
Kensington-Chinatown
$585K
Church-Yonge Corridor
$529K
Waterfront Communities C8
$554K
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 Jean Lumb Public School
73%
Jean Lumb Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Waterfront School · Public elementary0.4 km · 74% at standard
Oasis Alternative Secondary School · Public secondary0.8 km
ALPHA Alternative Junior School · Public elementary0.8 km
St Mary Catholic School · Catholic elementary0.9 km · 64% at standard
Niagara Street Junior Public School · Public elementary1.0 km · 82% at standard
Ogden Junior Public School · Public elementary1.2 km · 69% at standard
Charles G Fraser Junior Public School · Public elementary1.4 km · 74% at standard
Ryerson Community School Junior Senior · Public elementary1.4 km · 52% at standard
Givins/Shaw Junior Public School · Public elementary1.7 km · 81% at standard
Contact Alternative School School · Public secondary1.8 km
Heydon Park Secondary School · Public secondary1.8 km · 8% at standard
Beverley School · Public elementary1.9 km

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

Affordability & Mortgage

Affordability
$3,418/mo
$159KIncome needed
4.7×Price ÷ income
$789Weekly cost
$22,950Land 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.

75%mortgage
Mortgage $3,418Property tax $323Condo fee $800Total carry $4,541

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)
$3,318per month

Mortgage amount $600,000 · 4.49% over 25 years

$150,000Down payment (20.0%)
$600,000Loan before insurance
$0CMHC premium
$4,440Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,318
Property tax
$323
Condo / maintenance fees
$800
Heating
$0
Estimated monthly cost
$4,440

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

One-time closing costs

Ontario land transfer tax
$11,475
Toronto municipal land transfer tax
$11,475
Estimated closing costs
$22,950

Plus your down payment of $150,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,015/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

$395,251Total interest paid
$995,251Total of all payments
Principal $600,000 Interest $395,251
YearPrincipalInterestBalance
1$13,389$26,421$586,611
2$13,997$25,813$572,613
3$14,633$25,177$557,980
4$15,297$24,513$542,683
5$15,992$23,818$526,691
6$16,718$23,092$509,973
7$17,477$22,333$492,496
8$18,271$21,539$474,226
9$19,100$20,710$455,125
10$19,967$19,843$435,158
11$20,874$18,936$414,284
12$21,822$17,988$392,462
13$22,812$16,998$369,650
14$23,848$15,962$345,802
15$24,931$14,879$320,871
16$26,063$13,747$294,808
17$27,246$12,564$267,561
18$28,483$11,327$239,078
19$29,777$10,033$209,301
20$31,129$8,681$178,172
21$32,542$7,268$145,630
22$34,020$5,790$111,610
23$35,564$4,246$76,046
24$37,179$2,631$38,867
25$38,867$943$0

At the end of your 5-year term

Total paid over the term
$199,050
Principal paid down
$73,309
Interest paid
$125,741
Balance remaining
$526,691

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
2.0%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.

4.3%
Gross yield
− Property tax $3,875− Condo fees $9,594− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,767

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

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