4202-85 Queens Wharf Rd
Waterfront Communities C1, Toronto, Ontario M5V 0J9
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 700–799sq ft
- Per sq ft
- $826at the range’s middle
- Tax a year
- $3,7402025 tax year
- Built
- 11-15
- Parking
- 11 underground
- Days on market
- Members
The brief
About 4202-85 Queens Wharf Rd
4202-85 Queens Wharf Rd is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $618,888 (MLS® C14146356).
Welcome to downtown waterfront living at its best. This bright suite stops you the moment you walk in, with floor to ceiling windows and a view that lets you leave all the hustle and bustle behind and get lost in the tranquillity of captivating water views. Step outside onto this balcony and you are high enough that nothing blocks the view; you can see the lake from every part of the balcony, and that view is priceless. Imagine front row seats to firework shows celebrating the holidays and the CNE airshow. Morning coffee here, sunset over the harbour, the island airport in view for the aviation enthusiast watching planes take off and land, and the Toronto skyline sparkling at night; this is a view you never get tired of, and it is yours every day. The layout lives beautifully. An open living and dining space flows into a modern kitchen with stainless appliances, perfect for living and entertaining. The primary bedroom is a true retreat with big windows and that same stunning view. The second bedroom works perfectly as a den, a home office, or a guest room, giving you flexibility most downtown suites simply do not offer. Add a sleek bathroom, in suite laundry, and smart storage throughout. The building is just as impressive. Enjoy an indoor pool, hot tub, gym, sports court, outdoor terrace, party room, and lobby, plus parking and a locker. Step outside and you are in the heart of it all; the waterfront, harbourfront trails, restaurants, shopping, and transit are all right there. The location cannot be beat. Imagine starting every day with the lake in front of you. This is resort style living in the city, with everything close by. Walk the waterfront trail or enjoy dinner along the water; it is all minutes away. Priced as unbelievable value for a downtown suite with this view, this layout, and these amenities, this one will not last. You need to see it in person to believe it. Book your showing today and come see why this is the one. You will love calling it home.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$884/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 280 condos with 2 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
- $3,740 / 2025
- MLS® number
- C14146356
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 11-15
- Days on market
- Size
- 700-799 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
- 700-799 sqft
- Building Age
- 11-15
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- No
- Family room
- No
- Extras
- Stainless Steel Appliances: Fisher & Paykel Fridge with bottom freezer, Porter & Charles Slide-In Electrical Smooth-Top Stove, B/In Panasonic Microwave Range, Porter & Charles B/In Dishwasher (As Is), Samsung Front-load Stackable Washer & Dryer, all electrical light fixtures (As Is), all window coverings, tv mounts, tiled balcony and shelf, one underground parking & one storage locker
- Condo maint.
- $748
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.02 × 3.36 m | Laminate, W/O To Balcony, Overlook Water | Flat |
| Dining | 2.69 × 4.62 m | Laminate, Combined W/Kitchen, O/Looks Living | Flat |
| Kitchen | 2.69 × 4.62 m | Laminate, Stainless Steel Appl, Quartz Counter | Flat |
| Primary | 2.88 × 3.03 m | Laminate, South View, Sliding Doors | Flat |
| 2nd Br | 2.33 × 4.08 m | Laminate, Separate Rm, Combined W/Den | Flat |
| Other | 0.99 × 3.04 m | Laminate, W/W Closet, 4 Pc Bath | Flat |
| Bathroom | 1.49 × 3.38 m | Ceramic Floor, Combined W/Laundry, Soaker | Flat |
| Foyer | 1.34 × 2.4 m | Laminate, Mirrored Closet, Pot Lights | Flat |
Listing history
Buy/sell history for 4202-85 Queens Wharf Rd, 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 | $618,888 | N/A | For Sale | C14146356 |
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
- $123,778
- Total mortgage amount
- $495,110
- Total interest payment
- $352,090
- Total purchase cost
- $970,978
- Mortgage payment
- $2,824/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$3,884- Rent $3,000
- Shortfall $884
Rental income opens at $3,000, the median asking rent of 280 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
- $8,853
- Toronto municipal land transfer tax
- $8,853
- Total land transfer tax
- $17,706
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $9,231
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 $618,888
- $4,378
- Ontario total
- $8,853
Toronto’s municipal tax uses the same brackets at this price, so it adds another $8,853.
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
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m46 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (263 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 36 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 650 m650 m
- Mapped parcel: about 76,990 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 170 m170 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AeroMag 2000- YTZ.inc, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 6 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
3 building permits cleared at this address in the City’s file.
Interior AlterationsClosed
Revision #1: First time occupancy from vacant space to Group A occupancy (original permit 00 was for a group E) quick service food restaurant. Remove 1 washroom. 2 new washrooms in common elements. First time occupancy from vacant space to Group E quick service food restaurant
Issued June 22, 2018
Building Permit Related(MS)Closed
HVAC - Revision #1: First time occupancy from vacant space to Group A occupancy (original permit 00 was for a group E) quick service food restaurant. Remove 1 washroom. 2 new washrooms in common elements. First time occupancy from vacant space to Group E quick service food restaurant
Issued June 22, 2018
Building Permit Related(PS)Closed
Plumbing - Revision #1: First time occupancy from vacant space to Group A occupancy (original permit 00 was for a group E) quick service food restaurant. Remove 1 washroom. 2 new washrooms in common elements. First time occupancy from vacant space to Group E quick service food restaurant
Issued June 22, 2018
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.
470 R LAKE SHORE BLVD WOfficial plan or zoning amendmentUnder Review
Zoning by-law amendment application to facilitate the development of 5,509 square metres of non-residential retail space located below the Gardiner Expressway.
120 m away545 LAKE SHORE BLVD WCondominiumUnder Review
*** Draft Plan of Condominium for 419 units.
270 m away150 QUEENS WHARF RDSite planApplication Received
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 larger two- and three-bedroom units and 30% of the total units are planned to be affordable.
340 m away18 PORTLAND STSite planUnder Review
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 residential gross floor area of 13,765.5 square metres. A total of 182 residential dwelling units are proposed. Related applications: 21 232793 STE 10 OZ; 21 232800 STE 10 SB; and 22 151499 STE 10 OZ.
360 m away485 WELLINGTON ST WCondominiumUnder Review
*** Draft Plan of Condominium for 117 units.
450 m away489 WELLINGTON ST WCondominiumUnder Review
*** Draft Plan of Condominium for 117 units.
450 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 2% below the median.
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 |
|---|---|---|
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.5 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.7 km |
| Exhibition GO | GO Transit train: Lakeshore West | 1.7 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.7 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.9 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 | 350 m | 83%Grade 6 average |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 350 m | 84%Grade 6 average |
| The Waterfront SchoolToronto DSB | Public · grades JK–8 | 350 m | 83%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.9 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 350 m | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.8 km | 8%Grade 9 math |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 2 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 3.1 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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