101-2371 Queen Street, Toronto, ON

The Beaches, Toronto · MLS® E13005928

$849,900
For Sale
Listed 92 days ago
2Bedrooms
1Bathrooms
1Garage
800-899Sq Ft

About this home

Prime Location & Boutique Living in the Beach...Discover this thoughtfully renovated 2-bedroom Beach condo, nestled in a quiet boutique building. Tucked behind a private gate and lush foliage, this ground-floor unit offers both front and rear outdoor spaces, with walkouts from the living area (front garden/patio) and from the primary bedroom offering an expansive and rare private terrace, (large garden/dining/outdoor area). Perfect for entertaining. Step inside to a thoughtfully renovated unit with a stunning kitchen, beautiful custom cabinetry, hardwood flooring, built-in sound system/smart home. The living room is centered around a cozy gas fireplace with Walnut Surround/mantelpiece and built-in cabinetry and flows effortlessly into the open concept dining area. The kitchen boasts ample storage, granite countertops, and a large island with plenty of space to accommodate all your culinary needs. The primary bedroom is a peaceful retreat, complete with a large custom-built closet, and built-in custom cabinetry for additional storage and a walk out to an outdoor oasis. The beautifully updated bathroom offers spaciousness. If you love the outdoors, you'll love the outdoor oasis, finished with paver stones for easy maintenance, comes equipped with water access for gardening enthusiasts, and outdoor dining. This area is over 400 sq ft!! Beyond your doorstep, enjoy a vibrant neighborhood just steps from the beach, the Balmy Beach Club, and tennis courts. Stroll to various local shops, including specialty cheese, meat, and vegetable markets. The area is also home to a diverse range of eateries, pubs, and coffee shops, offering everything from casual breakfasts to fine dining experiences.

Key facts

Property type
Condo Apartment, Apartment
MLS®
E13005928
Bedrooms
2
Bathrooms
1
Size
800-899
Cross streets
Queen And Beech
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$672/mo
Exposure
North South
Property tax
$2,896 / 2025
Days on market
92
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Dining RoomGround3.66 × 2.13 m

combined w/living · hardwood floor

Primary BedroomGround4.08 × 2.82 m

hardwood floor · double closet · w/o to terrace

KitchenGround3.17 × 3.39 m

renovated · granite counters · centre island

Bedroom 2Ground4.21 × 2.38 m

hardwood floor · renovated

Living RoomGround2.84 × 3.38 m

hardwood floor · fireplace · w/o to patio

Moe’s TakeTeam Asgarian · Broker
Above comparables
$787Kest. value

Listed at $849,900, this home is about 8% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $642K, a bit lower.

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 $599K
  • Adjusts to $599K

That comparable adjusts to $599K; the $787K estimate above is the median of all 9 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.

On schools, this address is zoned for Balmy Beach Community School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, this is a very walkable address with everyday errands close by. Queen St East at Beech Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$722KGreat deal$850KOverpriced

Total price vs nearby homes. Fair value about $787K, median of 9 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Open-concept layout: modern, sought-after flow.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Value driver
  • Lifestyle
  • Weigh carefully
Comparable listingsCurrently listed nearby in The Beaches · asking prices
$782kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

101-325 Kingston Road$599k308-200 Woodbine Avenue$829k424-1733 Queen Street$959k201-60 Haslett Avenue$739k

The 4 closest active listings nearby.

See all comparable homes
850kThis home599k829k959k739kThis home vs active comparables
Live market pulseActive comparables in The Beaches · median list $829K
$1,000this home / sqft
9active listings nearby
92days on market

This home lists 10% above the area average of $912/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

The Beaches, 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.

Getting around

78/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Queen St East at Beech Ave, about 37 m away

20+ transit stops4 grocery20+ dining18 parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Banbury-Don Mills
$500K
Waterfront Communities C8
$998K
Church-Yonge Corridor
$574K
Annex
$1.39M
Waterfront Communities C1
$688K

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 Balmy Beach Community School
88%
Balmy Beach Community SchoolPublic · Elementary · 0.5 km awayHigher-rated than most nearby · 88% meet the provincial standard
Glen Ames Senior Public SchoolEQAO results not published

Affordability & Mortgage

Affordability
$3,874/mo
$171KIncome needed
5.0×Price ÷ income
$894Weekly cost
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.

81%mortgage
Mortgage $3,874Property tax $241Condo fee $672Total carry $4,787

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,628per month

Mortgage amount $679,920 · 4.14% over 25 years

$169,980Down payment (20.0%)
$679,920Loan before insurance
$0CMHC premium
$4,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,628
Property tax
$241
Condo / maintenance fees
$672
Heating
$0
Estimated monthly cost
$4,542

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

One-time closing costs

Ontario land transfer tax
$13,473
Toronto municipal land transfer tax
$13,473
Estimated closing costs
$26,946

Plus your down payment of $169,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,407/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

$408,572Total interest paid
$1,088,492Total of all payments
Principal $679,920 Interest $408,572
YearPrincipalInterestBalance
1$15,928$27,611$663,992
2$16,594$26,945$647,397
3$17,289$26,251$630,109
4$18,012$25,528$612,097
5$18,765$24,775$593,332
6$19,550$23,990$573,782
7$20,368$23,172$553,414
8$21,220$22,320$532,195
9$22,107$21,432$510,087
10$23,032$20,508$487,055
11$23,995$19,544$463,060
12$24,999$18,541$438,061
13$26,045$17,495$412,016
14$27,134$16,405$384,882
15$28,269$15,270$356,612
16$29,452$14,088$327,161
17$30,684$12,856$296,477
18$31,967$11,573$264,510
19$33,304$10,236$231,206
20$34,697$8,842$196,509
21$36,149$7,391$160,360
22$37,661$5,879$122,700
23$39,236$4,304$83,464
24$40,877$2,663$42,587
25$42,587$953$0

At the end of your 5-year term

Total paid over the term
$217,698
Principal paid down
$86,588
Interest paid
$131,110
Balance remaining
$593,332

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%Est. cap rate

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.

3.8%
Gross yield
− Property tax $2,896− Condo fees $8,060− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,281

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

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