304-1852 Queen Street, Toronto, ON
The Beaches, Toronto · MLS® E13002776
About this home
SOPHISTICATED, DESIGN-DRIVEN PENTHOUSE LOFT WITH EXPANSIVE TERRACES FOR THOSE SEEKING SPACE, QUIET & CITY BALANCE! A rare penthouse loft in the heart of Toronto's Beaches, PH304 blends striking design, effortless living, and an outdoor lifestyle in one of Toronto's most connected and outdoor-oriented neighbourhoods. Set within an award-winning boutique, hard loft conversion by Streetcar Developments, this one-of-twelve residence offers nearly 1,500 square feet of light-filled interior space plus over 500 square feet of private terrace space designed for entertaining, working, relaxing, and summer nights under the stars. Recently redesigned with a refined modern aesthetic, the loft balances warmth, function, and architectural impact. Soaring 22-foot ceilings, skylights, floor-to-ceiling windows, and tilt-and-turn patio doors flood the home with soft natural light throughout the day.The custom kitchen was built for serious cooking and casual gathering alike, featuring a 5-burner gas cooktop, oversized integrated sink, restaurant-grade work surfaces, and extensive open and concealed storage. Integrated millwork continues into a built-in coffee station and bar, creating a seamless backdrop for hosting.The open-concept living and dining areas center around a gas fireplace and connect directly to the north terrace, an extension of the living space. Outdoor space that feels equally suited to quiet mornings or evenings with friends.The flexible main-floor bedroom functions beautifully as a guest suite, creative studio, or dedicated work-from-home space, complete with built-ins, skylight, and private ensuite. Upstairs, the primary retreat offers a walk-in closet, spa-inspired 5-piece ensuite, and direct access to a private rooftop terrace. With owned parking and storage, boutique-scale living, and the freedom of a true lock-up-and-go lifestyle, PH304 offers a rare opportunity to experience loft living just moments from the lake, boardwalk, parks, cafes, and Queen East.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- E13002776
- Bedrooms
- 3 (2 + 1)
- Bathrooms
- 2
- Size
- 1400-1599
- Cross streets
- Queen St E & Woodbine Ave
- Parking
- 1 garage (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster), Brick
- Maintenance
- $1,283/mo
- Exposure
- North South
- Property tax
- $6,334 / 2026
- Days on market
- 98
- Listing brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Rooms
w/o to terrace · 5 pc ensuite · walk-in closet(s)
breakfast bar · custom counter · open concept
hardwood floor · overlooks living
fireplace · vaulted ceiling(s) · w/o to terrace
3 pc ensuite · closet · b/i bookcase
closet organizers · hardwood floor · open concept
vaulted ceiling(s) · skylight · overlooks living
Listed at $1,579,000, this home is tracking about 34% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($1,053/sqft) is in line with the area, so you are paying for extra space rather than a premium.
In The Beaches lately, sellers have been getting about 98% of asking and homes sell in about 30 days.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 11 similar homes nearby, adjusted for size, beds, and baths.Median of 11 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.41M, a bit higher.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.65M
- Size difference +$100K
- Adjusts to $1.75M
That comparable adjusts to $1.75M; the $1.17M estimate above is the median of all 11 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
Its public catchment (Kew Beach Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $1.17M, median of 11 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Primary suite: a key comfort and resale feature. Lifestyle
- Open-concept layout: modern, sought-after flow. Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 2% below the area average of $1,072/sqft.
97 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
The Beaches, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,263,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,741
- Property tax
- $528
- Condo / maintenance fees
- $1,283
- Heating
- $0
- Estimated monthly cost
- $8,552
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,055
- Toronto municipal land transfer tax
- $28,055
- Estimated closing costs
- $56,110
Plus your down payment of $315,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $404,454
- Principal paid down
- $160,869
- Interest paid
- $243,585
- Balance remaining
- $1,102,331
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. MLS®/PropTx.