$585,000

For sale

#1104 250 Queens Quay, Toronto (Waterfront Communities) - Single Family for Sale

#1104 250 Queens Quay, Toronto (Waterfront Communities), Ontario, M5J2N2

2 beds1 bath0 parking850 ft²$913/mo condo feeListed 86 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space. Listed at $585,000, it is attractively priced about 7% below the $629,900 median asking price in Toronto.

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Description

Elegant & fully renovated 2-bedroom unit in the highly sought-after Queens Quay building, ideally located on Toronto's vibrant Harbourfront. Bright, spacious living/dining area with abundant natural light, modern floors, fresh paint, and upgraded kitchen featuring stainless steel appliances and quartz countertops. New building-wide windows installed in 2025. Internet & cable included in maintenance fees. Building amenities feature a fully renovated, designer-finished guest suite, offering your out-of-town visitors the ultimate privacy and comfort. Steps to the lake, CN Tower, Rogers Centre, TTC, Union Station, shopping & restaurants, with Billy Bishop Airport just minutes away. Walk to work or enjoy the waterfront lifestyle right outside your door. Exceptional value for spacious downtown living! Please Note: Some photos have been virtually staged to illustrate furnishing potential. (id:66096)

Property Details

MLS®: C13665552
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 850 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Underground, No Garage
Waterfront: Yes
Condo Fee: $913/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,524.45/yr
Listed: 86 days ago

Rooms

Flat

Living room: 7.05 x 3.83 meters
Dining room: 7.05 x 3.83 meters
Kitchen: 3.59 x 3.14 meters
Primary Bedroom: 4.65 x 3.35 meters
Bedroom 2: 3.26 x 2.8 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$689

List price

$585K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Waterfront Communities) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · TATIANA BESPALOVA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $585,000, about 6.2× the local median household income of $94,000.

Carrying it typically needs a household income of about $114,271 (20% down, 25-yr amortization, stress-tested) — roughly 22% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$585,000· $689/ft²

For sale

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Full Cost Breakdown

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Down Payment5.73% · $33,500

Min 5.73%50%

Mortgage payment$3,058/mo

↳ CMHC premium ($22,060 capitalized)

Property tax (est.)$210/mo

Condo fee$913/mo

Total monthly$4,181

Cash Needed to Close

Down payment (5.73%)$33,500

Land transfer tax$16,350

Est. closing costs$4,255

Total cash needed$54,105

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