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$865K · 1+1 bed Condo Apartment · Waterfront Communities C1, Toronto | MyPropertyScout

$865,000

Unit 704

1+11OwnerOccupied

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⚡ Insider Deal

WaterfrontNew This Week

$865,000

DOM9days

Unit 704

251 Queens Quay · Toronto · Ontario M5J 2N6

MLS® C13451130 · Waterfront Communities C1 · M5J 2N6

1+11OwnerOccupied1400-1599 ft²Condo Apartment1-car Underground9d$577/ft²$5,407 tax/yr

9 days on market

About this home

Welcome to luxurious waterfront living in the heart of Toronto. This impressive oversized 1-bedroom condominium offers approximately 1,482 sq. ft. of beautifully designed living space with spectacular views of Toronto Harbour, Lake Ontario, the CN Tower, and Queens Quay.Perfect for entertaining, the spacious eat-in kitchen features abundant cabinetry, a large centre island with breakfast bar seating, and plenty of workspace for cooking and gathering. The open-concept living and dining areas are…

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Property details

MLS#: C13451130
Status: Buy Now
Beds: 1+1
Baths: 1 full, 0 half
Size: 1400-1599
Style: Apartment
Type: Condo Apartment
Year built: —

Waterfront: Yes
Water view: Partially Obstructive
Water body: Lake Ontario
Shoreline: Unknown
Waterfront features: Not Applicable

Condo corp #: 817
Balcony: Enclosed
Locker: Exclusive
Association amenities: Concierge, Gym, Exercise Room, Sauna, Squash/Racquet Court, Party Room/Meeting Room
Fees include: Common Elements Included, Building Insurance Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Exterior: Concrete
Fronting on: —
Cross street: Queens Quay & Rees Road
Basement: None
Stories: 6
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Kitchen	2.88m × 4.38m
Main	Living Room	4.47m × 6.19m
Main	Dining Room	2.8m × 3.4m
—	—	—

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX HALLMARK YORK GROUP REALTY LTD.

Source: TRREB/PROPTX · MLS® C13451130

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$865K

Unit 704 · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $865,000✓ $5,407 tax✓ Electric✓ 1400-1599 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,583/mo

incl. closing costs (yr 1)

Annual total

$90,995

year 1

Mortgage only

$3,282/mo

principal + interest

Beyond mortgage

$2,695/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$173,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$451/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~1,500 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$8,650/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$102/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$13,775

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)43% $39,379/yr

Property taxes21% $19,182/yr

Utilities3% $2,460/yr

Insurance & security2% $1,600/yr

Maintenance10% $8,650/yr

Condo fees16% $14,624/yr

Closing costs6% $5,100/yr

Mortgage is 43% of your true cost of ownership. The other 57% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$39,379	$3,282/mo
Government & taxes
Property tax	$5,407	$451/mo
Land transfer tax(closing)	$13,775	$1,148/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$8,650	$721/mo
Condo fees
Condo / HOA fees	$14,624	$1,219/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$90,995	$7,583/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 704

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

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Annual costs