$619,900 - 85 Queens Wharf Road Unit 1202, Downtown Toronto
New Construction for Sale in Downtown Toronto
New — Listed 2 days ago- MLS Number
- C13454266
- Property Type
- New Construction
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BAY STREET INTEGRITY REALTY INC.
Welcome To 85 Queens Wharf Rd #1202, A Stunning South-Facing 1 Bedroom + Den Suite With Beautiful Lake Views In The Heart Of Downtown Toronto's Vibrant Waterfront Communities. Freshly Painted Throughout, This Bright And Modern Unit Offers An Open-Concept Layout Designed For Comfortable Urban Living. The Spacious Living Area Features Floor-To-Ceiling Windows That Fill The Space With Natural Light And Provide Direct Access To A Private Balcony Overlooking The City And Lake. The Modern Kitchen Is Equipped With A Full Set Of Stainless Steel Appliances And Seamlessly Connects To The Dining Area. The Primary Bedroom Features Floor-To-Ceiling Windows, Extended Closet, And Convenient Access To Both The Living Area And Den. The Oversized Den Offers Exceptional Flexibility And Can Easily Function As A Second Bedroom Or Home Office. Enjoy Access To Exceptional 5-Star Amenities Including An Indoor Pool, Fitness Centre, Rooftop Hot Tub And Patio, Basketball Court, Theatre Room, Party Room, Lounge, Library, Billiards Room, Boardroom, Guest Suites, Visitor Parking, And 24/7 Concierge Service. Unbeatable Downtown Location! Steps To The TTC, Rogers Centre, The Well, Toronto Waterfront, Parks, Restaurants, Grocery Stores, Cafes, Libraries, And Everyday Conveniences. Minutes To The Financial District, Entertainment District, Union Station, Gardiner Expy, And DVP - Offering The Perfect Balance Of Work, Lifestyle, And Connectivity In One Of Toronto's Most Desirable Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,180.41/mo
Includes CMHC insurance ($17,295)
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.
85 Queens Wharf Road Unit 1202, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
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
Fair Market Value
At $886/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Efficient Living
At 700 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 $2,583 (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.