304-1842 Queen Street, Toronto, ON
The Beaches, Toronto · MLS® E13789554
About this home
In short
- Rare 2-storey (2 Bdrm + 3 Bath) penthouse at Beach House Lofts offering 1,862 sq. ft. of interior living space plus a spectacular 407 sq. ft. private two-tier rooftop...
- The open-concept main level features soaring 10- and 12-ft ceilings, engineered hardwood floors and an upgraded kitchen with Silestone countertops and backsplash...
- The spacious primary suite includes a wall-to-wall custom closet, additional walk-in closet and 4-piece ensuite.
Rare 2-storey (2 Bdrm + 3 Bath) penthouse at Beach House Lofts offering 1,862 sq. ft. of interior living space plus a spectacular 407 sq. ft. private two-tier rooftop terrace. This exceptional home combines the space and feel of a house with the convenience of condo living in the heart of The Beaches.The open-concept main level features soaring 10- and 12-ft ceilings, engineered hardwood floors and an upgraded kitchen with Silestone countertops and backsplash, stainless-steel appliances and excellent storage. The spacious primary suite includes a wall-to-wall custom closet, additional walk-in closet and 4-piece ensuite. Three bathrooms in total.The private rooftop terrace is ideal for entertaining, with gas BBQ and water lines, open green views to the north and unobstructed west-facing views toward the CN Tower and Toronto skyline.Includes one indoor parking space and one storage locker. Steps to Queen Street shops, restaurants, the beach and boardwalk. A unique house alternative offering exceptional space, privacy and outdoor living in one of Toronto's most desirable neighbourhoods. Pet friendly building. A Must See!
Key facts
- Property type
- Condo Apartment, 2-Storey
- MLS®
- E13789554
- Bedrooms
- 2
- Bathrooms
- 3 (1 half)
- Size
- 1800-1999 sq ft
- Cross streets
- Queen St E & Woodbine Ave
- Parking
- 1 garage (built-in)
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Maintenance
- $1,887/mo
- Exposure
- North
- Property tax
- $6,840 / 2025
- Days on market
- 33
- Listing brokerage
- ZOLO REALTY
Rooms
skylight · open concept · stainless steel appl
combined w/living · open concept · led lighting
b/i closet · 4 pc ensuite · walk-in closet(s)
Closet
2 Pc Bath
combined w/dining · gas fireplace · open concept
b/i closet · 3 pc ensuite
Listed at $1,599,000. Going by how homes in The Beaches and the wider GTA have actually closed against their asking prices (about 98%, 8 local closings in 90 days), the likely sale price is near $1.56M, if it sells. A realistic range is $1.47M to $1.69M.
Independent value check: $1.50M. Without looking at the asking price, our model values the home itself about 6% below the ask (homes like it typically land between $1.39M and $1.57M).
Why $1.50M. The typical condo sold in The Beaches over the past year went for about $800K (53 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,800 to 1,999 sq ft; the typical home sold here is 800 to 899.
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,840 a year; the typical home sold here pays about $4,000.
- ▲ Raises itIts maintenance fee is $1,887 a month; the typical unit sold here pays about $970.
Longer on the market than typical. 33 days on the market against about 20 for homes like it here, and asking 7% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.56M, from 8 recent closings in this pocket.
The market behind the math:
About 5.6 months of inventory: 15 condo apartment homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $842/sqft against an area asking average of $1,106/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 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.28M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can 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
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
Its public catchment (Kew Beach Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($842/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in The Beaches, so I widened the search to the surrounding area.
Based on 8 comparable homes that sold in The Beaches over the past two years, from 75 closings there.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.50M, which is where my estimate comes from.
Per square foot, these ask about $1,061/sqft; this home lists at $842/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Toronto: $540K in September 2026, down 4% from a year ago, on 10,804 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $589K | 1052 |
| November 2025 | $569K | 834 |
| December 2025 | $545K | 659 |
| January 2026 | $565K | 593 |
| February 2026 | $575K | 722 |
| March 2026 | $565K | 974 |
| April 2026 | $565K | 1042 |
| May 2026 | $560K | 1011 |
| June 2026 | $558K | 1120 |
| July 2026 | $560K | 1030 |
| August 2026 | $548K | 882 |
| September 2026 | $540K | 885 |
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,073
- Property tax
- $570
- Condo / maintenance fees
- $1,887
- Heating
- $0
- Estimated monthly cost
- $9,530
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. 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
- $424,375
- Principal paid down
- $156,295
- Interest paid
- $268,080
- Balance remaining
- $1,122,905
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 numbersThe last 10 whole-home leases in The Beaches signed at a median of $4,503 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,575. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ZOLO REALTY. MLS®/PropTx.