802-840 Queens Plate Drive, Toronto, ON

West Humber-Clairville, Toronto · MLS® W13461274

$439,900
For Sale
Listed 29 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to this large 1 bed plus den, sun-filled corner unit (over 750 sqft!) at The Lexington Condominium Residences By The Park. This 8th floor unit features panoramic views, including the CN tower, open-concept living/dining/kitchen, 2 full bathrooms and ensuite laundry. The modern kitchen has quartz countertops, stainless steel appliances, including fridge, stove, microwave range hood and dishwasher, as well as a breakfast bar for convenience. The bedroom has an amazing West facing view of the park, a walk-in closet and 3 piece ensuite. Includes one underground parking spot and one locker. Right across from Woodbine Mall & Fantasy Fair, Great Canadian Resort (Woodbine Casino, Racetrack & Hotel). Steps to shopping like Fortinos, Winners, LCBO and much more. William Osler Health System and many schools nearby. 7 minutes to Toronto Pearson Airport. Public Transit Accessible (TTC & MiWay).

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13461274
Bedrooms
2 (1 + 1)
Bathrooms
2
Size
700-799
Cross streets
Rexdale Blvd & Queen Plate Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$695/mo
Exposure
South West
Property tax
$2,885 / 2026
Days on market
29
Listing brokerage
CENTURY 21 PERCY FULTON LTD.

Rooms

Primary BedroomFlat4.64 × 3.04 m

walk-in closet(s) · large window · 3 pc ensuite

DenFlat2.63 × 2.45 m

Pantry

Living RoomFlat5.08 × 3.64 m

combined w/dining · large window · open concept

Dining RoomFlat5.08 × 3.64 m

combined w/living · open concept · w/o to balcony

KitchenFlat3.69 × 2.79 m

stainless steel appl · breakfast bar

Moe’s TakeTeam Asgarian · Broker
Below comparables
$482Kest. value

Listed at $439,900, this home is about 9% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 13 similar homes nearby, adjusted for size, beds, and baths.Median of 13 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $743K, 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 $575K
  • Bathrooms +$15K
  • Adjusts to $590K

That comparable adjusts to $590K; the $482K estimate above is the median of all 13 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 Albion Heights Junior 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. Queen's Plate Dr at Rexdale Blvd North Side is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$440KGreat deal$528KOverpriced

Total price vs nearby homes. Fair value about $482K, median of 13 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.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in West Humber-Clairville · asking prices
$525kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1018-80 Esther Lorrie Drive$489k2220-700 Humberwood Boulevard$499k602-710 Humberwood Boulevard$540k618-80 Esther Lorrie Drive$546k1002-710 Humberwood Blvd Boulevard$550k

The 5 closest of 8 active listings nearby.

See all comparable homes
440kThis home489k499k540k546k550kThis home vs active comparables
Live market pulseActive comparables in West Humber-Clairville · median list $499K
$587this home / sqft
27active listings nearby
29days on market

This home lists 9% below the area average of $646/sqft.

On the market now.

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

West Humber-Clairville, 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.

Getting around

75/ 100

Very WalkableA 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 Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Queen's Plate Dr at Rexdale Blvd North Side, about 48 m away

20+ transit stops4 grocery20+ dining8 parks9 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$800K
Willowdale West
$770K
Willowdale East
$441K
Annex
$1.57M
Waterfront Communities C1
$672K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

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 Albion Heights Junior Middle School
46%
Albion Heights Junior Middle SchoolPublic · Elementary · 1.4 km awayBelow the GTA average · 46% meet the provincial standard
West Humber Collegiate InstituteEQAO results not published

Affordability & Mortgage

Affordability
$2,005/mo
$101KIncome needed
4.4×Price ÷ income
$463Weekly cost
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.

68%mortgage
Mortgage $2,005Property tax $240Condo fee $695Total carry $2,940

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%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,878per month

Mortgage amount $351,920 · 4.14% over 25 years

$87,980Down payment (20.0%)
$351,920Loan before insurance
$0CMHC premium
$2,813Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,878
Property tax
$240
Condo / maintenance fees
$695
Heating
$0
Estimated monthly cost
$2,813

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

One-time closing costs

Ontario land transfer tax
$5,273
Toronto municipal land transfer tax
$5,273
Estimated closing costs
$10,546

Plus your down payment of $87,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,281/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

$211,473Total interest paid
$563,393Total of all payments
Principal $351,920 Interest $211,473
YearPrincipalInterestBalance
1$8,244$14,291$343,676
2$8,589$13,947$335,087
3$8,948$13,587$326,138
4$9,323$13,213$316,816
5$9,713$12,823$307,103
6$10,119$12,417$296,984
7$10,542$11,994$286,442
8$10,983$11,553$275,459
9$11,443$11,093$264,016
10$11,921$10,615$252,095
11$12,420$10,116$239,675
12$12,939$9,596$226,736
13$13,481$9,055$213,255
14$14,044$8,491$199,211
15$14,632$7,904$184,579
16$15,244$7,292$169,335
17$15,882$6,654$153,454
18$16,546$5,990$136,908
19$17,238$5,298$119,670
20$17,959$4,577$101,711
21$18,710$3,826$83,001
22$19,493$3,043$63,508
23$20,308$2,228$43,200
24$21,158$1,378$22,043
25$22,043$493$0

At the end of your 5-year term

Total paid over the term
$112,679
Principal paid down
$44,817
Interest paid
$67,861
Balance remaining
$307,103

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$2,400/mo
$28,800Gross annual rent
3.1%Est. cap rate

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.

6.5%
Gross yield
− Property tax $2,885− Condo fees $8,339− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,808

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 PERCY FULTON LTD.. MLS®/PropTx.

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