$699,888 - 10 Queens Quay Unit 811, Downtown Toronto
Condo for Sale in Downtown Toronto
83 days on market- MLS Number
- C12921722
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY BESPOKE REALTY
This beautiful family-sized, spilt-bedroom corner suite features a bright and spacious living room with an open concept kitchen. Increasingly rare, the sink faces the living room, which facilitates an engaging social environment while distinguishing the rooms. Views from the kitchen facing the wrap-around floor-to-ceiling windows give the impression of standing at the helm of a ship. The kitchen is equipped with modern stainless steel appliances (Samsung and Whirlpool), including a double-door fridge with bottom freezer and a front control range with a double oven. The expansive living space is highly functional and well laid out, sprawling in multiple directions without any dead spaces. The large master bedroom is appointed with a recently updated 4-piece ensuite bathroom and a walk-in closet. The balcony opens into both the master bedroom and the living room. The second bedroom enjoys a west-facing bay window. The second bathroom was entirely remodeled in 2022 with floor-to-ceiling contoured tile and a marble honeycomb floor. The laundry room next to the foyer is fit with an oversized washer and dryer that also provides abundant storage space. The amenities in this building are unparalleled. Features include a large indoor pool, hot tub, saunas, outdoor pool, rooftop BBQs, squash courts, dance studio, massive fitness centre, squash courts, theatre room, library, multiple party rooms, guest suites, and freshly re-landscaped outdoor courtyards. Condo fees include hydro, gas, water, internet and cable TV (Fibe). This coveted address is in the exclusive district of the Island Public School, renowned for its ferry-only access and immersion in nature. The home offers expansive views of a mosaic of downtown skyscrapers, as well as a peak of the harbour. The backdrop on your virtual meetings will be to everyone's envy. This suite is 100% move-in ready.
Estimate your monthly payments for this property
Estimated Payment
$3,590.79/mo
Includes CMHC insurance ($19,527)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
10 Queens Quay Unit 811, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $778/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 83 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.