85 Queens Wharf Road 311

Waterfront Communities C1, Toronto, M5V 0J9 · More in this building

$525,000

1 bedrooms
1 bathrooms
0 parking
500-599 sq ft

Listed 131 days ago · MLS® C13429678

About this home

Welcome to this bright and spacious 570 sq. ft. 1-bedroom unit in Toronto's waterfront community. The suite offers a functional layout with a well-sized bedroom featuring floor-to-ceiling windows, good closet space, and sliding doors for added flexibility.The open-concept living and dining area is filled with natural light and walks out to a large private balcony, perfect for relaxing or entertaining. The kitchen is equipped with stainless steel appliances and practical storage.Building amenities include a 24-hour concierge, indoor pool, rooftop garden, guest suites, and BBQ area. Excellent waterfront location close to parks, transit, restaurants, and the downtown core. Ideal for both end users and investors.

Details

Type: Condo Apartment
Style: Apartment
Size: 500-599 sq ft
Basement: None
Garage: Underground
Kitchens: 1
Property tax: $2,602 (2025)
Maintenance fee: $465/month
Neighbourhood: Waterfront Communities C1
Municipality: Toronto C01
Price per sq ft: $955 (about the same as condo apartments in Waterfront Communities C1)
Fee per sq ft: $0.85/month (Toronto median $0.92)

Interior

Bedrooms: 1 above ground
Bathrooms: 1 × 4-piece (flat)
Rooms: 4 above ground
Family room or den: No
Fireplace: No
Laundry: Ensuite
Features: Carpet Free

Heating, cooling and services

Heating: Forced Air, Gas
Air conditioning: Central Air

Building and exterior

Style: Apartment
Exterior: Brick

Condo

Monthly fee: $465
Fee includes: Heat Included, Water Included, CAC Included, Common Elements Included, Building Insurance Included
Amenities: Concierge, Game Room, Gym, Party Room/Meeting Room, Recreation Room, Visitor Parking
Balcony: Open
Exposure: North
Pets: Yes-with Restrictions
Property manager: Elite Property Management

Possession: TBD
Nearby: Park, Public Transit
Cross street: FORT YORK BLVD / DAN LECKIE WAY

Rooms

Room	Level	Features
Living Room	Flat	W/O To Balcony, Window Floor to Ceiling, Laminate
Dining Room	Flat	Open Concept, Window Floor to Ceiling, Laminate
Kitchen	Flat	Stainless Steel Appl, Backsplash, Laminate
Bedroom	Flat	Window Floor to Ceiling, Closet, Semi Ensuite

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

🚇 St. Andrew Subway1.5 km
🚇 Osgoode Subway1.7 km
🚆 Exhibition GO1.6 km

Within a 10-minute walk: 9 grocery stores, 129 cafés and restaurants, 31 parks, 12 pharmacies. Nearest grocery: Loblaws (200 m). Nearest park: Canoe Landing Park (200 m).

Schools nearby

Elementary

Jean Lumb Public School
EQAO: Gr 6 reading 93%, math 65%6 min walk
Bishop Macdonell Catholic Elementary School Catholic
EQAO: Gr 6 reading 97%, math 64%6 min walk
The Waterfront School
EQAO: Gr 6 reading 93%, math 71%6 min walk
ALPHA Alternative Junior School12 min walk

Secondary

City School
EQAO: literacy test 58%6 min walk
Oasis Alternative Secondary School12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters: 42% / 58%
Median household income: $91,000
Average age: 35
Children under 15: 6%
Homes: 0% detached, 97% high-rise
Commute by transit: 23%
Population: 59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Harbourfront-CityPlace (2025): about the Toronto average, up 14% from the year before.

Assaultabout average
Break and enter25% below average
Auto theft75% below average
Robbery39% below average
Theft from vehicles42% below average
Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 10 active

150 QUEENS WHARF RD · 350 m

Site Plan · Application Received · applied 2026

The 2025 Proposal is a 37-storey tower with a total of 268 units and ~350m2 of ground floor non-residential GFA. Of the 268 units, over 50% of the units are…
Application details
18 PORTLAND ST · 350 m

Site Plan · Under Review · applied 2022

Proposal to permit the redevelopment of the site with a 22-storey mixed-use building, having a non-residential gross floor area of 2,770.5 square metres and a…
Application details
467 WELLINGTON ST W · 500 m

Site Plan · Under Review · applied 2022

Site Plan Application to facilitate the redevelopment of the site with a 23-storey mixed-use building with retail at-grade and residential above. 225…
Application details
485 WELLINGTON ST W · 450 m

Plan of Condominium · Under Review · applied 2021

*** Draft Plan of Condominium for 117 units.
Application details
545 LAKE SHORE BLVD W · 250 m

Plan of Condominium · Under Review · applied 2021

*** Draft Plan of Condominium for 419 units.
Application details
545 LAKE SHORE BLVD W · 250 m

Site Plan · NOAC Issued · applied 2021

Block A contemplates a dedicated commercial development that maintains the heritage component of the existing building. An additional 2 storeys is proposed to…
Application details

13 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

🚧 King West GO Transit650 m
🚧 Chinatown 1.1 km
🚧 Osgoode 1.7 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

🛣️ Gardiner Expressway100 m
🚆 Rail line (Oakville Subdivision)200 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

Interior Alterations · 2018 · Closed
Revision #1: First time occupancy from vacant space to Group A occupancy (original permit 00 was for a group E) quick service food…
Electromagnetic Locks · 2014 · Closed
Installation of electromagnetic locks - 3 maglock devices on 2 doors - Block 33 - Tower BB

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

75 City street trees within 100 m, mostly oaks. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX METROPOLIS REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

Estimated monthly cost

Mortgage: $2,299
Property tax: $217
Maintenance: $465
Total: $2,981

$105,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $105,000
Land transfer tax (Ontario + Toronto): $14,066
Legal and other costs: ~$2,500
Total: $121,566

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

Adjust the numbers

Rental potential

$2,600/month

Typical asking rent for 1 bedroom condos like this within 1 km (210 for rent now; most $2,400–$2,850).

As a rental, with 20% down

Rent: $2,600
Mortgage: −$2,299
Property tax: −$217
Maintenance fee: −$465
Insurance, repairs, vacancy: −$191
Cash flow: −$572/month

Cap rate 3.9% · gross yield 5.9%. Rentals need 20% down. Rough figures before income tax; ask us for a full analysis.

Rent control: Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

See rentals nearby

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