502-665 Queen Street, Toronto, ON
South Riverdale, Toronto · MLS® E13584054
About this home
A rare 1,435-square-foot, two-level loft in Riverside Square's Queen Building. With three bedrooms, three bathrooms, a den, and 500 square feet of private outdoor space across three levels, the residence offers the scale, privacy, and flexibility of a freehold home paired with the convenience of a boutique condo lifestyle.Exposed concrete ceilings and floor-to-ceiling windows define the open-concept main floor, where a bright living and dining area opens directly onto an expansive 250-square-foot terrace with unobstructed views of the city skyline and the historic Broadview Hotel. Large enough to accommodate a full dining set and lounge chairs, it functions as a genuine outdoor extension of the home. The kitchen is anchored by a substantial stone island and finished with a gas range, integrated appliances, and upgraded cabinetry. A convenient powder room completes the main level.Upstairs, the primary suite includes a walk-in closet, a spa-like double-vanity ensuite, and a private 50-square-foot balcony. Two additional well-proportioned bedrooms, a separate den, and a second full bathroom provide the flexibility required for a growing family or a quiet home office.The top level features a private 200-square-foot rooftop terrace with panoramic city views-a rare urban escape designed for open-air dining and entertaining. Positioned steps from the East End's best restaurants, transit, and green spaces, with immediate access to the DVP and Gardiner.
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- E13584054
- Bedrooms
- 3
- Bathrooms
- 3 (1 half)
- Size
- 1400-1599
- Cross streets
- Queen & Broadview
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $812/mo
- Exposure
- North
- Property tax
- $7,217 / 2025
- Days on market
- 2
- Listing brokerage
- KELLER WILLIAMS REFERRED URBAN PIERRE CARAPETIAN GROUP REALTY
Rooms
Listed at $1,299,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
In South Riverdale lately, sellers have been getting about 96% of asking and homes sell in about 33 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 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.73M, higher than the comparables and worth a second look.
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 $1.20M
- Size difference +$88K
- Bedrooms +$33K
- Bathrooms +$17K
- Adjusts to $1.34M
That comparable adjusts to $1.34M; the $1.26M estimate above is the median of all 8 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.
The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Total price vs nearby homes. Fair value about $1.26M, median of 8 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.
- 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 of 7 active listings nearby.
See all comparable homesThis home lists 8% below the area average of $942/sqft.
1 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
South Riverdale, 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
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 $1,039,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,546
- Property tax
- $601
- Condo / maintenance fees
- $812
- Heating
- $0
- Estimated monthly cost
- $6,959
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Toronto municipal land transfer tax
- $22,455
- Estimated closing costs
- $44,910
Plus your down payment of $259,800. 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
- $332,733
- Principal paid down
- $132,342
- Interest paid
- $200,391
- Balance remaining
- $906,858
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 KELLER WILLIAMS REFERRED URBAN PIERRE CARAPETIAN GROUP REALTY. MLS®/PropTx.