2103-218 Queens Quay Boulevard, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C14096958

$749,000
For Sale
Just listed todayNo offer date stated
2+1Bedrooms
2Bathrooms
0Parking
800-899Sq ft

About this home

In short

  • Wake Up To Breathtaking Lake Views In A Condo That Brings Waterfront Living To Your Doorstep.
  • Hardwood flooring flows throughout the interior, while the stylish kitchen features granite countertops, a mirrored backsplash, pot lights, stainless steel appliances...
  • The primary bedroom features sliding doors, a double closet, pot lights and a private 4-piece ensuite, complemented by a second bedroom with new hardwood flooring &...
  • A 4-piece bathroom and a convenient in-suite laundry closet completes the home.
  • Enjoy exceptional building amenities, including 24-hour concierge service, a rooftop deck with community BBQs, indoor and outdoor pools, a sauna, guest suites, games...

Wake Up To Breathtaking Lake Views In A Condo That Brings Waterfront Living To Your Doorstep! Welcome to 218 Queens Quay Boulevard West, Suite 2103, a beautifully updated 2-bedroom plus solarium residence in Waterclub III offering approximately 834 sq. ft. of sophisticated waterfront living with southeast exposure and captivating lake & harbourfront views. Hardwood flooring flows throughout the interior, while the stylish kitchen features granite countertops, a mirrored backsplash, pot lights, stainless steel appliances and a centre island. The inviting living room showcases distinctive coffered concrete ceilings and a walkout to the open balcony, while the bright solarium is multipurpose and can be used as an office, it offers large windows overlooking Toronto's Central Harbourfront. The primary bedroom features sliding doors, a double closet, pot lights and a private 4-piece ensuite, complemented by a second bedroom with new hardwood flooring & crown moulding. A 4-piece bathroom and a convenient in-suite laundry closet completes the home. One owned locker is also included. Enjoy exceptional building amenities, including 24-hour concierge service, a rooftop deck with community BBQs, indoor and outdoor pools, a sauna, guest suites, games room, party and meeting room and exercise facilities. Ideally situated in the heart of downtown Toronto, steps from Harbourfront Centre, the Waterfront Trail and new home of the Ontario Science Centre, with nearby parks Harbour Square Park, Sugar Beach, Roundhouse Park & local attractions like the CN Tower, Rogers Centre and Ripley's Aquarium nearby. Schools nearby like Waterfront School, the University of Toronto, Toronto Metropolitan University & more are also easily accessible. Union Station provides convenient connections to the TTC, GO Transit and UP Express, while the Jack Layton Ferry Terminal provides access to the Toronto Islands like Centre Island. The Gardiner Expressway in close proximity for easy travel across the GTA.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14096958
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Queens Quay W. & York St.
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Metal/Steel Siding
Maintenance
$928/mo
Exposure
South East
Property tax
$3,568 / 2026
Listing brokerage
SUTTON GROUP-ADMIRAL REALTY INC.

Rooms

BathroomFlat1.55 × 2.96 m

4 pc bath · tile floor · b/i vanity

BathroomFlat2.70 × 1.51 m

4 pc bath · tile floor · b/i vanity

Primary BedroomFlat2.70 × 3.01 m

sliding doors · 4 pc ensuite · double closet

Bedroom 2Flat2.70 × 2.85 m

hardwood floor · closet · crown moulding

KitchenFlat2.02 × 4.80 m

stainless steel appl · granite counters · centre island

Living RoomFlat4.27 × 4.28 m

coffered ceiling(s) · hardwood floor · w/o to balcony

SolariumFlat2.40 × 2.86 m

hardwood floor · overlook water · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$726Klikely sale price

Listed at $749,000. Going by how homes in Waterfront Communities C1 have actually closed against their asking prices (about 97%, 281 local closings in 90 days), the likely sale price is near $726K, if it sells. A realistic range is $684K to $786K.

Independent value check: $719K. Without looking at the asking price, our model values the home itself about 4% below the ask (homes like it typically land between $669K and $756K).

Why $719K. The typical condo sold in Waterfront Communities C1 over the past year went for about $620K (1357 sales). What sets this one apart:

  • ▲ Raises it strongly2+1 bedrooms and 2 baths, against 1+1 and 1 typically.
  • ▲ Raises itIt is 800 to 899 sq ft; the typical home sold here is 700 to 799.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▲ Raises itIts tax bill, which follows the city's own assessment, is $3,568 a year; the typical home sold here pays about $3,300.
List price
$684KBelow recent closings$786KAbove recent closings

Total price vs nearby homes. Likely closing about $726K, from 281 recent closings in this pocket.

The market behind the math:

281sold nearby · 90 days
$615Kmedian sold price
96%of asking, on average
~29 dayshomes like this take to sell
$3,478/moest. rent · 239 leases
5.6%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.6 months of inventory: 59 condo apartment homes for sale in the area against 281 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $882/sqft against an area asking average of $958/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 281 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $662K. Condition and finishes remain an in-person call.

What the listing highlights1 point to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Based on 281 comparable homes that sold in Waterfront Communities C1 over the past 18 months, from 501 closings there.

Sold price trend

Median sold price for condos in Waterfront Communities C1: $621K in September 2026, down 6% from a year ago, on 1,320 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$655K132
November 2025$618K116
December 2025$690K78
January 2026$601K78
February 2026$648K105
March 2026$640K109
April 2026$615K124
May 2026$608K135
June 2026$610K139
July 2026$600K94
August 2026$588K117
September 2026$621K93

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
$570K
Moss Park
$633K
Church-Yonge Corridor
$659K
Bay Street Corridor
$479K
Mount Pleasant West
$639K

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 · 1.3 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Jean Lumb Public School · Public elementary1.0 km · 73% at standard
Downtown Alternative School · Public elementary1.3 km
St Michael Catholic School · Catholic elementary1.3 km · 67% at standard
Oasis Alternative Secondary School · Public secondary1.4 km
ALPHA Alternative Junior School · Public elementary1.4 km
Ogden Junior Public School · Public elementary1.5 km · 69% at standard
Contact Alternative School School · Public secondary1.7 km
St Michael's Choir (Sr) School · Catholic secondary1.7 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.8 km · 98% at standard
Market Lane Junior and Senior Public School · Public elementary1.8 km · 74% at standard
St Mary Catholic School · Catholic elementary1.9 km · 64% at standard
Heydon Park Secondary School · Public secondary1.9 km · 8% at standard

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

Affordability & Mortgage

Affordability
$3,414/mo
$160KIncome needed
4.7×Price ÷ income
$788Weekly cost
$22,910Land 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.

74%mortgage
Mortgage $3,414Property tax $297Condo fee $928Total carry $4,639

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)
$3,313per month

Mortgage amount $599,200 · 4.49% over 25 years

$149,800Down payment (20.0%)
$599,200Loan before insurance
$0CMHC premium
$4,538Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,313
Property tax
$297
Condo / maintenance fees
$928
Heating
$0
Estimated monthly cost
$4,538

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

One-time closing costs

Ontario land transfer tax
$11,455
Toronto municipal land transfer tax
$11,455
Estimated closing costs
$22,910

Plus your down payment of $149,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,010/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

$394,724Total interest paid
$993,924Total of all payments
Principal $599,200 Interest $394,724
YearPrincipalInterestBalance
1$13,372$26,385$585,828
2$13,979$25,778$571,850
3$14,613$25,144$557,236
4$15,277$24,480$541,959
5$15,971$23,786$525,989
6$16,696$23,061$509,293
7$17,454$22,303$491,839
8$18,246$21,511$473,593
9$19,075$20,682$454,519
10$19,941$19,816$434,578
11$20,846$18,911$413,732
12$21,793$17,964$391,939
13$22,782$16,975$369,157
14$23,816$15,940$345,341
15$24,898$14,859$320,443
16$26,028$13,729$294,415
17$27,210$12,547$267,204
18$28,446$11,311$238,759
19$29,737$10,020$209,022
20$31,087$8,670$177,935
21$32,499$7,258$145,436
22$33,974$5,783$111,462
23$35,517$4,240$75,945
24$37,129$2,627$38,815
25$38,815$942$0

At the end of your 5-year term

Total paid over the term
$198,785
Principal paid down
$73,211
Interest paid
$125,574
Balance remaining
$525,989

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
From 239 whole-home leases in Waterfront Communities C1$3,478/mo
$41,736Gross annual rent
2.9%Cap rate after taxes and upkeep
$3,269 to $3,679Typical rent range
~15 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 239 whole-home leases in Waterfront Communities C1 signed at a median of $3,160 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,478. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.6%
Gross yield
− Property tax $3,568− Condo fees $11,131− Insurance $600− Vacancy & upkeep $4,591Net operating income $21,846

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

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