1501-1050 Eastern Avenue, Toronto, ON

The Beaches, Toronto · MLS® E14089286

$2,199,990
For Sale
Listed 4 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage
1800-1999Sq ft

About this home

In short

  • Live in the charming neighbourhood of The Beaches in this rare, exquisitely designed 3 Bed, 3 Bath residence at Queen & Ashbridge Condos.
  • The chef's kitchen features custom cabinetry, statement stone slab countertops/backsplash, and an entertainer's island overlooking open living & dining zones accented...
  • Generous primary retreat includes walk-in closet, terrace walkout, and a spa-inspired 5-piece ensuite with freestanding tub, frameless glass shower, and double vanity.
  • Comprehensive amenities include a 5,000 sqft fully equipped gym facility with yoga studios and steam rooms, garden roof deck with community garden plots, dog run...
  • Steps to waterfront trails, dining, transit, and city conveniences.

Live in the charming neighbourhood of The Beaches in this rare, exquisitely designed 3 Bed, 3 Bath residence at Queen & Ashbridge Condos. Seamless indoor-outdoor living with two expansive private terraces. Light-flooded corner layout boasting panoramic skyline and water views. The chef's kitchen features custom cabinetry, statement stone slab countertops/backsplash, and an entertainer's island overlooking open living & dining zones accented by a stone fireplace. Generous primary retreat includes walk-in closet, terrace walkout, and a spa-inspired 5-piece ensuite with freestanding tub, frameless glass shower, and double vanity. Complete with wide-plank flooring throughout, recessed cove lighting. Comprehensive amenities include a 5,000 sqft fully equipped gym facility with yoga studios and steam rooms, garden roof deck with community garden plots, dog run, coworking space, outdoor BBQ, guest suites, and much more. Steps to waterfront trails, dining, transit, and city conveniences.Geothermal Heat Source. Taxes not yet assessed. Furniture for Staging Purposes Only.Some photos may have been digitally enhanced for reference Only.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E14089286
Bedrooms
3
Bathrooms
3
Size
1800-1999 sq ft
Cross streets
EASTERN AVE/ COXWELL AVE
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Maintenance
$1,536/mo
Exposure
South
Days on market
4
Listing brokerage
PIVOT REAL ESTATE GROUP

Rooms

Bedroom 3Flat3.70 × 3.60 m
Bedroom 2Flat3.20 × 3.50 m

3 pc ensuite · w/o to terrace

Dining RoomFlat9.30 × 6.10 m

combined w/living · w/o to terrace

Living RoomFlat9.30 × 6.10 m

combined w/dining · fireplace · w/o to terrace

Primary BedroomFlat3.10 × 6.20 m

5 pc ensuite · w/o to terrace · walk-in closet(s)

KitchenFlat2.80 × 3.20 m
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

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.

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
$10,027/mo
$460KIncome needed
4.8×Price ÷ income
$2,314Weekly cost
$82,950Land 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.

78%mortgage
Mortgage $10,027Estimated property tax $1,375Condo fee $1,536Total carry $12,938

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,731per month

Mortgage amount $1,759,992 · 4.49% over 25 years

$439,998Down payment (20.0%)
$1,759,992Loan before insurance
$0CMHC premium
$12,642Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,731
Estimated property tax
$1,375
Condo / maintenance fees
$1,536
Heating
$0
Estimated monthly cost
$12,642

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

One-time closing costs

Ontario land transfer tax
$41,475
Toronto municipal land transfer tax
$41,475
Estimated closing costs
$82,950

Plus your down payment of $439,998. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$11,778/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

$1,159,397Total interest paid
$2,919,389Total of all payments
Principal $1,759,992 Interest $1,159,397
YearPrincipalInterestBalance
1$39,276$77,500$1,720,716
2$41,059$75,717$1,679,658
3$42,923$73,853$1,636,735
4$44,872$71,904$1,591,863
5$46,909$69,866$1,544,953
6$49,039$67,736$1,495,914
7$51,266$65,510$1,444,649
8$53,593$63,182$1,391,055
9$56,027$60,749$1,335,028
10$58,571$58,205$1,276,458
11$61,230$55,546$1,215,228
12$64,010$52,766$1,151,218
13$66,916$49,859$1,084,302
14$69,955$46,821$1,014,347
15$73,131$43,645$941,216
16$76,451$40,324$864,765
17$79,922$36,853$784,843
18$83,551$33,224$701,292
19$87,345$29,431$613,947
20$91,311$25,465$522,636
21$95,456$21,319$427,180
22$99,791$16,985$327,389
23$104,321$12,454$223,068
24$109,058$7,718$114,010
25$114,010$2,766$0

At the end of your 5-year term

Total paid over the term
$583,878
Principal paid down
$215,039
Interest paid
$368,839
Balance remaining
$1,544,953

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$6,100/mo
$73,200Gross annual rent
1.4%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.

3.3%
Gross yield
− Property tax $15,400− Condo fees $18,432− Insurance $600− Vacancy & upkeep $8,052Net operating income $30,716

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

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