1797 Queen Street Unit 403, Toronto E02

Price: $1,149,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13053404

Penthouse Beach Living just steps from the boardwalk!!! This bright South/West corner suite offers nearly 1,100ft of indoor living space plus a wonderful terrace featuring quiet & unobstructed views. With 2 underground parking spots, 2 lockers and a gas fireplace and a gas stove with 4 burners and a griddle, enjoy your next chapter without compromise! The spacious primary suite features South exposed windows, a walk-in closet and ensuite bathroom while the second bedroom features double closets and easy access to the second full bathroom. Our recent listings in the development have sold quickly, so don't hesitate on this one!

1797 Queen Street Unit 403 - Condo photo 1 of 35 in The Beaches / Upper Beaches, Ontario
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$1,149,000 - 1797 Queen Street Unit 403, The Beaches

Condo for Sale in The Beaches

48 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13053404
Property Type
Condo
Status
active
Days on Site
48
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Penthouse Beach Living just steps from the boardwalk!!! This bright South/West corner suite offers nearly 1,100ft of indoor living space plus a wonderful terrace featuring quiet & unobstructed views. With 2 underground parking spots, 2 lockers and a gas fireplace and a gas stove with 4 burners and a griddle, enjoy your next chapter without compromise! The spacious primary suite features South exposed windows, a walk-in closet and ensuite bathroom while the second bedroom features double closets and easy access to the second full bathroom. Our recent listings in the development have sold quickly, so don't hesitate on this one!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,082.41/mo

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5-yr fixed avg.

Principal: $919,200Interest: $605,524
Mortgage Amount$919,200
Total Interest$605,524
Est. Property Tax$814/mo
Total Cost$1,524,724

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.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

The Beaches / Upper Beaches 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.

70
Walk Score
Varies
Price Range

1797 Queen Street Unit 403, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$814
Insurance (est.)-$239
Net Cash Flow+$657

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1149/sqft, this property is priced above the The Beaches average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 48 days on site, this property has exceeded the typical selling timeline for The Beaches. 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.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,788 (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.

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