401-251 Queens Quay
Waterfront Communities C1, Toronto, Ontario M5J 2N6
- Bedrooms
- 2+1
- Bathrooms
- 3
- Size
- 2,000–2,249sq ft
- Per sq ft
- $894at the range’s middle
- Tax a year
- $8,1492026 tax year
- Built
- 31-50
- Parking
- 11 underground
- Days on market
- Members
The brief
About 401-251 Queens Quay
401-251 Queens Quay is a 2+1-bedroom, 3-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $1,899,000 (MLS® C14151412).
Admiralty Point! Boutique Low Rise Luxury Building With Only 61 Units, Nestled Along Toronto's Coveted Waterfront. This Spectacular Spacious South West Corner Unit Boasts Views Of Billy Bishop Airport, Toronto Islands, The Rogers Centre and Breathtaking Sunsets. Floor To Ceiling Wall to Wall Windows With A Wrap Around Terrace. Custom Built Gourmet Kitchen With Breakfast Bar Combined With Open Concept Living/Dining Room. Perfect Area For Entertaining Your Closest 40 Friends. This Unit Has True Wow Factor... What A View! Spectacular Rooftop (5th Floor) Pool Shared With Radisson Hotel. Weight Room Shuffleboard And Squash Court. Walking Distance To Blue Jay Games, Leaf Games, Tremendous Restaurants, Union Station, Billy Bishop Airport And All The Wonderful Attractions Our Beautiful City Has To Offer. You Don't Even Need A Car But There Is 1 Parking Spot Included.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$7,606/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 66 condos with 3 bedrooms for lease in Waterfront Communities C1 right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $8,149 / 2026
- MLS® number
- C14151412
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 31-50
- Days on market
- Size
- 2000-2249 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 2000-2249 sqft
- Building Age
- 31-50
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 1 × 5pc Flat, 1 × 4pc Flat, 1 × 2pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Fan Coil
Additional
- Fireplace
- No
- Den
- Yes
- Family room
- Yes
- Extras
- All Window Coverings, All Electric Light Fixtures, Broadloom Where Laird, Washer, Dryer, Built In Wall Oven, Wine Fridge, Built In Dishwasher, Panasonic Cook Top, Sub Zero Built In Fridge, Microwave, Murphy Bed In Den. Entertainment Unit And TV in Living Room.
- Condo maint.
- $2,588
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 5.97 × 7.02 m | hardwood floor, Open Concept, Overlook Water | Flat |
| Dining | 4.54 × 7.01 m | hardwood floor, W/O To Balcony, Overlook Water | Flat |
| Kitchen | 3.41 × 3.99 m | Open Concept, Breakfast Bar | Flat |
| Primary | 4.05 × 4.89 m | Overlook Water, Cork Floor, 5 Pc Ensuite | Flat |
| 2nd Br | 3.74 × 5.97 m | Cork Floor, Overlook Water, W/W Closet | Flat |
| Family | 3.75 × 4.05 m | hardwood floor, W/O To Balcony, Overlook Water | Flat |
| Den | 2.67 × 3.32 m | Broadloom, Murphy Bed, B/I Closet | Flat |
| Laundry | 2.58 × 2.74 m | Closet, Laundry Sink | Flat |
Listing history
Buy/sell history for 401-251 Queens Quay, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,899,000 | N/A | For Sale | C14151412 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $379,800
- Total mortgage amount
- $1,519,200
- Total interest payment
- $1,080,000
- Total purchase cost
- $2,979,000
- Mortgage payment
- $8,664/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
90%Monthly carrying cost
$11,931- Rent $4,325
- Shortfall $7,606
Rental income opens at $4,325, the median asking rent of 66 comparable homes for lease in Waterfront Communities C1. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $34,455
- Toronto municipal land transfer tax
- $34,455
- Total land transfer tax
- $68,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $60,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,899,000
- $29,980
- Ontario total
- $34,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $34,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
Zoning
Permit history
4 building permits cleared at this address in the City’s file.
Balcony/Guard RepairsPermit Issued
Repairs to damaged balcony railings and supporting slab
Issued August 13, 2021
Interior AlterationsCancelled
Proposed interior alterations to unit 304 of existing condominium building
Completed March 12, 2020
Interior AlterationsPermit Issued
Proposal for interior alterations to unit 704 in existing apartment building.
Issued January 6, 2017
Balcony/Guard RepairsInspection
Proposal to remove exterior glazing & replace with guard rail to suite #201.
Issued February 15, 2013
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
25 REES STSite planUnder Review
Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower Simcoe into a permanent access for the site.
240 m away255 BREMNER BLVDSite planUnder Review
Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower Simcoe into a permanent access for the site.
340 m away200 QUEENS QUAY WCondominiumUnder Review
*** Draft Plan of Condominium for 1482 units.
390 m away292 BREMNER BLVDSite planUnder Review
INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work. Phase 1 of CN Tower lands re development - for new entertainment complex containing 3 storey Ripleys Aquarium Phase 1 consists of easterly portion of lands and construction of southerly portion of 2 storey aquarium.
410 m away258 BREMNER BLVDSite planUnder Review
INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work. Phase 1 of CN Tower lands re development - for new entertainment complex containing 3 storey Ripleys Aquarium Phase 1 consists of easterly portion of lands and construction of southerly portion of 2 storey aquarium.
420 m away301 FRONT ST WSite planUnder Review
INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work. Phase 1 of CN Tower lands re development - for new entertainment complex containing 3 storey Ripleys Aquarium Phase 1 consists of easterly portion of lands and construction of southerly portion of 2 storey aquarium.
460 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Waterfront Communities C1 right now
- For sale now
- 632
- Median asking price
- $629K
- New in 7 days
- 66
- Price cuts
- 21%
Middle half: $539K to $838K
249 in 28 days
133 listings
This home is asking 202% above the median, higher than three quarters of them.
See all homes in Waterfront Communities C1Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 900 m |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1 km |
| King Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 700 m | 83%Grade 6 average |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 700 m | 84%Grade 6 average |
| The Waterfront SchoolToronto DSB | Public · grades JK–8 | 1 km | 83%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 2.3 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.9 km | 8%Grade 9 math |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 2 km | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.8 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Waterfront Communities C1 are shown to signed-in members.