409-625 Queen Street, Toronto, ON
South Riverdale, Toronto · MLS® E13594090
About this home
This Is Your Opportunity To Own A Suite In One Of Leslieville's Most Sought-After Condominiums - The Intimate, Edge Lofts! Offering 904 Meticulous Interior Square Feet, The Expansive One-Bedroom + Den, Sundrenched Corner Residence Provides An Abundance Of Natural Light Throughout And Showcases Some Of Toronto's Most Dramatic Skyline Views. The Well-Defined Principal Rooms Overlook The Don Valley Trail And Feature Soaring Ceilings Designed For Seamless Entertaining, As They Accommodate An Unrivaled Living Experience. The Open Concept Dining Room Seamlessly Integrates Into A Private Balcony Overlooking Picturesque Queen Street East. The Top Of The Line Modern Kitchen Features Stainless Steel Appliances & Provides Functionality With Ample Storage & A Large Center Island. The Cozy & Spacious Primary Bedroom Retreat Includes A Large Double Closet And Spa-Like Four-Piece Bathroom. The Large Den Is Perfect For Those In Need Of A Spacious Home Office And Could Easily Be Converted Into A Nursery Or Guest Room. Incredible Location As You Have Easy Access To The Acclaimed Restaurants Of Queen Street East, The Broadview Hotel, Jesse Simpson Recreation Centre, The Distillery District, Corktown, Upcoming Ontario Line, DVP, Martin Goodman Trail, Tommy Thompson Park, Don River Trail & Biidaasige Park. Queen Streetcar At Your Doorstep!
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- E13594090
- Bedrooms
- 2 (1 + 1)
- Bathrooms
- 2 (1 half)
- Size
- 900-999
- Cross streets
- Queen Street East & Broadview Avenue
- Parking
- 1 garage (underground)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete, Metal/Steel Siding
- Maintenance
- $953/mo
- Exposure
- North West
- Property tax
- $3,867 / 2026
- Listing brokerage
- RE/MAX HALLMARK BIBBY GROUP REALTY
Listed at $885,000, this home is about 7% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
In South Riverdale lately, sellers have been getting about 97% of asking and homes sell in about 33 days.
Based on 94 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 94 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $664K, 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, sold for $1.10M
- Bedrooms −$30K
- Adjusts to $1.07M
That comparable adjusts to $1.07M; the $827K estimate above is the median of all 94 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
On location, this is a very walkable address with everyday errands close by. Carroll Street is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $827K, median of 94 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- 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 8% above the area average of $860/sqft.
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.
Getting around
Walker's ParadiseA 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 OpenStreetMap contributors.
Most daily errands can be done on foot.
🚉 Nearest transit: Carroll Street, about 56 m away
Within a 15-minute (1.5 km) walk.
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 22, 2026); conventional rates run a little higher.
Mortgage amount $708,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,778
- Property tax
- $322
- Condo / maintenance fees
- $953
- Heating
- $0
- Estimated monthly cost
- $5,053
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,175
- Toronto municipal land transfer tax
- $14,175
- Estimated closing costs
- $28,350
Plus your down payment of $177,000. 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
- $226,689
- Principal paid down
- $90,164
- Interest paid
- $136,525
- Balance remaining
- $617,836
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 RE/MAX HALLMARK BIBBY GROUP REALTY. MLS®/PropTx.