1203-1050 Eastern Avenue, Toronto, ON

Greenwood-Coxwell, Toronto · MLS® E14023806

$1,929,000
For Sale
Listed 6 days agoNo offer date stated
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3Bedrooms
2Bathrooms
2Garage
1400-1599Sq ft

About this home

In short

  • This brand new 3-bedroom luxury residence offers nearly 1,600 sq ft of elegant open-concept living, paired with an expansive XL terrace showcasing unobstructed views...
  • Your own private oasis in the sky.
  • The designer kitchen features premium finishes, custom cabinetry & a full Miele appliance package, ideal for everyday living & entertaining alike.
  • The primary retreat boasts a walk-in closet & spa-inspired 5-pc ensuite worthy of a boutique hotel.
  • Steps to the boardwalk, marina, Ashbridges Bay Park, transit & the best restaurants on Queen East.

Welcome to QA Condos by RioCan, one of Toronto's most anticipated new addresses on Eastern Ave! This brand new 3-bedroom luxury residence offers nearly 1,600 sq ft of elegant open-concept living, paired with an expansive XL terrace showcasing unobstructed views of the lake, marina & Ashbridges Bay Park. Your own private oasis in the sky. The designer kitchen features premium finishes, custom cabinetry & a full Miele appliance package, ideal for everyday living & entertaining alike. A cozy fireplace anchors the bright, sun-filled living area. The primary retreat boasts a walk-in closet & spa-inspired 5-pc ensuite worthy of a boutique hotel. Two additional spacious bedrooms offer flexibility for family, guests, or a home office. Rare offering includes TWO underground parking spaces. Enjoy top-tier building amenities: fitness centre, yoga studio, co-working rooms & more. Steps to the boardwalk, marina, Ashbridges Bay Park, transit & the best restaurants on Queen East. Quick access to the DVP, Gardiner & downtown core. Brand new construction. Lakeside luxury living at its finest. You're going to love it here!

Key facts

Property type
Condo Apartment, Apartment
MLS®
E14023806
Bedrooms
3
Bathrooms
2
Size
1400-1599 sq ft
Cross streets
Eastern Ave/Coxwell
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,342/mo
Exposure
South East
Property tax
$8,681 / 2026
Days on market
6
Listing brokerage
RE/MAX PROFESSIONALS INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

The assigned public school is Duke of Connaught Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Greenwood-Coxwell, 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.

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 Duke of Connaught Junior and Senior Public School
71%
Duke of Connaught Junior and Senior Public SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 71% meet the provincial standard
School of Life ExperienceEQAO results not published
Also nearby: 12 more schools within 2.5 km
Equinox Holistic Alternative School · Public elementary0.9 km · 83% at standard
Roden Public School · Public elementary1.0 km · 65% at standard
Leslieville Junior Public School · Public elementary1.2 km · 62% at standard
Bruce Public School · Public elementary1.3 km · 68% at standard
Kew Beach Junior Public School · Public elementary1.3 km · 85% at standard
Bowmore Road Junior and Senior Public School · Public elementary1.3 km · 64% at standard
Riverdale Collegiate Institute · Public secondary1.4 km · 86% at standard
Norway Junior Public School · Public elementary1.6 km · 85% at standard
Monarch Park Collegiate Institute · Public secondary1.6 km · 79% at standard
St Patrick Catholic Secondary School · Catholic secondary1.7 km · 76% at standard
Blake Street Junior Public School · Public elementary1.8 km · 75% at standard
East Alternative School of Toronto · Public elementary1.8 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,792/mo
$386KIncome needed
5.0×Price ÷ income
$2,029Weekly cost
$70,110Land transfer tax, one-time (Ontario + Toronto)
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 $8,792Property tax $723Condo fee $1,342Total carry $10,857

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,533per month

Mortgage amount $1,543,200 · 4.49% over 25 years

$385,800Down payment (20.0%)
$1,543,200Loan before insurance
$0CMHC premium
$10,598Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,533
Property tax
$723
Condo / maintenance fees
$1,342
Heating
$0
Estimated monthly cost
$10,598

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

One-time closing costs

Ontario land transfer tax
$35,055
Toronto municipal land transfer tax
$35,055
Estimated closing costs
$70,110

Plus your down payment of $385,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,327/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

$1,016,585Total interest paid
$2,559,785Total of all payments
Principal $1,543,200 Interest $1,016,585
YearPrincipalInterestBalance
1$34,438$67,954$1,508,762
2$36,001$66,390$1,472,761
3$37,636$64,756$1,435,125
4$39,345$63,047$1,395,781
5$41,131$61,260$1,354,649
6$42,999$59,393$1,311,651
7$44,951$57,440$1,266,700
8$46,992$55,400$1,219,708
9$49,125$53,266$1,170,583
10$51,356$51,035$1,119,227
11$53,688$48,704$1,065,539
12$56,125$46,266$1,009,413
13$58,674$43,718$950,740
14$61,338$41,054$889,402
15$64,123$38,269$825,279
16$67,034$35,357$758,245
17$70,078$32,314$688,167
18$73,260$29,132$614,908
19$76,586$25,806$538,322
20$80,063$22,328$458,259
21$83,698$18,693$374,561
22$87,499$14,893$287,062
23$91,471$10,920$195,591
24$95,625$6,767$99,966
25$99,966$2,425$0

At the end of your 5-year term

Total paid over the term
$511,957
Principal paid down
$188,551
Interest paid
$323,407
Balance remaining
$1,354,649

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$4,750/mo
$57,000Gross annual rent
1.3%Cap rate after taxes and upkeep

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.

3.0%
Gross yield
− Property tax $8,681− Condo fees $16,101− Insurance $600− Vacancy & upkeep $6,270Net operating income $25,349

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.

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