PH704-1205 Queen Street, Toronto, ON

South Parkdale, Toronto · MLS® W13502920

$4,200/mo
For Lease
Listed 22 days ago
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2Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Just bring your suitcase & move right into this top-tier two-storey penthouse loft at the boutique Q Loft Condos - fully furnished & including parking & a storage locker. Loaded with lavish finishes & thoughtful furniture pieces, this suite spans over 1,600 sq ft of combined indoor & outdoor living. With 900 sq ft of exquisitely designed interior living space, this luxurious loft features soaring 9'9" ceilings on the main level, 9' ceilings on the 2nd level & 726 sq ft of private outdoor ethereal living across two expansive terraces. Designed for effortless everyday living & exceptional entertaining, the custom Italian-inspired kitchen showcases integrated Miele appliances, including a rare gas cooktop, a Sub-Zero wine fridge, Caesarstone countertops, glossy backsplash, an oversized island ideal for casual dining & meal preparation, bonus built-in cabinetry & superb storage. Hans Krug wide-plank oak flooring, floor-to-ceiling windows & seamless al fresco living enhance the bright open-concept layout, while the thoughtfully designed split-bedroom floor plan offers outstanding privacy. The main floor is an entertainer's dream, opening directly onto the expansive furnished 485 sq ft terrace. The 2nd bedroom, currently styled as a sophisticated home office, features floor-to-ceiling windows, a 2nd walk-out to the main floor terrace & a double closet with custom-built-ins, making it equally suited as a guest bedroom, gym, or yoga studio. A spa-inspired 4-piece bathroom with a deep soaker tub completes the main level. A stunning handcrafted custom iron staircase leads to a private upper-level retreat dedicated entirely to the primary suite. Complete with a bed frame & mattress, bedside tables, a double closet with custom built-ins & a luxurious 3-piece ensuite featuring heated floors & a steam shower. Walk-out to the 2nd exclusive private terrace spanning over 241 sq ft with outdoor seating & a Prodigy ice bath. Revel in tranquil views of the Toronto skyline & beyond!

Key facts

Property type
Condo Apartment, Loft
MLS®
W13502920
Bedrooms
2
Bathrooms
2
Size
900-999
Cross streets
Queen St W/Dufferin St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North
Days on market
22
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

KitchenMain30.40 × 13.10 m

centre island · eat-in kitchen · stainless steel appl

Primary BedroomSecond13.10 × 13.10 m

window floor to ceiling · double closet · 3 pc ensuite

Dining RoomMain30.40 × 13.10 m

open concept · w/o to terrace · window floor to ceiling

Bedroom 2Main13.10 × 11.60 m

window floor to ceiling · double closet · 4 pc bath

Living RoomMain30.40 × 13.10 m

window floor to ceiling · laminate · open concept

Moe’s TakeTeam Asgarian · Broker
In line
$4,158/moest. value

Listed at $4,200/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

In South Parkdale lately, landlords have been getting about 99% of asking and homes lease in about 16 days.

There were not many closely comparable homes right in South Parkdale, so I widened the search to the surrounding area.

Based on 97 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 97 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

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, leased for $4,300/mo
  • Bedrooms −$150/mo
  • Adjusts to $4,150/mo

That comparable adjusts to $4,150/mo; the $4,158/mo estimate above is the median of all 97 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$3,931/moBelow market$4,458/moAbove market

Total price vs nearby homes. Fair value about $4,158/mo, median of 97 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.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
  • 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
Comparable listingsCurrently listed nearby in South Parkdale · asking prices
$3,410avg asking

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

LPH07-1900 Lake Shore Boulevard$3,2501805-1928 Lakeshore Boulevard$2,850Lower Penthouse #17-270 Dufferin Street$3,950404-270 Dufferin Street$3,5001122-270 Dufferin Street$3,500

The 5 closest of 8 active listings nearby.

See all comparable homes
4,200This home3,2502,8503,9503,5003,500This home vs active comparables
Live market pulseActive comparables in South Parkdale · median list $2K
31active listings nearby
22days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

South Parkdale, 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.

Nearby neighbourhoods

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

Waterfront Communities C1
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$3K
Moss Park
$2K
Waterfront Communities C8
$2K

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 Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 73% meet the provincial standard

Affordability & Mortgage

Affordability
$19/mo
$5KIncome needed
0.9×Price ÷ income
$4Weekly 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.

88%mortgage
Mortgage $19Property tax $3Total carry $22

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$18per month

Mortgage amount $3,360 · 4.14% over 25 years

$840Down payment (20.0%)
$3,360Loan before insurance
$0CMHC premium
$21Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$18
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$21

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

One-time closing costs

Ontario land transfer tax
$21
Toronto municipal land transfer tax
$21
Estimated closing costs
$42

Plus your down payment of $840. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$22/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

$2,019Total interest paid
$5,379Total of all payments
Principal $3,360 Interest $2,019
YearPrincipalInterestBalance
1$79$136$3,281
2$82$133$3,199
3$85$130$3,114
4$89$126$3,025
5$93$122$2,932
6$97$119$2,835
7$101$115$2,735
8$105$110$2,630
9$109$106$2,521
10$114$101$2,407
11$119$97$2,288
12$124$92$2,165
13$129$86$2,036
14$134$81$1,902
15$140$75$1,762
16$146$70$1,617
17$152$64$1,465
18$158$57$1,307
19$165$51$1,143
20$171$44$971
21$179$37$792
22$186$29$606
23$194$21$412
24$202$13$210
25$210$5$0

At the end of your 5-year term

Total paid over the term
$1,076
Principal paid down
$428
Interest paid
$648
Balance remaining
$2,932

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.

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