2701-88 Queen St
Church-Yonge Corridor, Toronto, Ontario M5C 0B6
- Bedrooms
- 1+1
- Bathrooms
- 2
- Size
- 600–699sq ft
- Per sq ft
- $845at the range’s middle
- Built
- New
- Parking
- 0underground
- Days on market
- Members
The brief
About 2701-88 Queen St
2701-88 Queen St is a 1+1-bedroom, 2-bathroom condo in Church-Yonge Corridor, Toronto, listed for sale at an asking price of $549,000 (MLS® C14105254).
Welcome to 88 Queen Condos, offering this one-bed + den, 676sf + 99sf balcony, two-bath in this one new unit with practical layout in an exceptional location at Church and Queen in the heart of downtown Toronto. Residents enjoy world-class amenities including an outdoor infinity pool with cabanas, fitness centre, guest suites, indoor lounge and dining room, movie theatre, co-working space, conservatory, aerial yoga area, jacuzzi tub, fully equipped kitchen and party room, and an outdoor terrace with fireplace and BBQs. Unbeatable convenience with a 7-minute walk to the Financial District, a 3-minute walk to the TTC, and walking distance to Toronto Metropolitan University, George Brown College, University of Toronto, St. Michael's Hospital, CF Toronto Eaton Centre, and Union Station. Rogers high-speed internet included. Parking and Locker are available at an additional cost. Property Taxes still to be assessed.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even52/100−$235/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 182 condos with 2 bedrooms for lease in Church-Yonge Corridor right now. Cost of owning counts the mortgage and the condo fee. This record states no property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- MLS® number
- C14105254
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- New
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Community
- Church-Yonge Corridor
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- New
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 2
- Bathroom Details
- 2 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Fridge, Stove top, oven, Dishwasher, Microwave, washer & dryer, Internet.
- Condo maint.
- $530
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.11 × 4.52 m | W/O To Balcony, Combined W/Dining, Combined W/Kitchen | Flat |
| Dining | 4.11 × 4.52 m | Combined W/Kitchen, Combined W/Living | Flat |
| Kitchen | 4.11 × 4.52 m | Combined W/Dining, Combined W/Living | Flat |
| Primary | 2.54 × 2.97 m | 4 Pc Ensuite, Laminate, Large Window | Flat |
| Den | 2.05 × 2.38 m | Laminate, Open Concept | Flat |
Listing history
Buy/sell history for 2701-88 Queen St, 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 | $549,000 | N/A | For Sale | C14105254 |
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
- $109,800
- Total mortgage amount
- $439,200
- Total interest payment
- $312,300
- Total purchase cost
- $861,300
- Mortgage payment
- $2,505/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
27%Monthly carrying cost
$3,035- Rent $2,800
- Shortfall $235
Rental income opens at $2,800, the median asking rent of 182 comparable homes for lease in Church-Yonge Corridor. 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
- $7,455
- Toronto municipal land transfer tax
- $7,455
- Total land transfer tax
- $14,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $6,435
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 $549,000
- $2,980
- Ontario total
- $7,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,455.
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
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 m143 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3.2 m below ground nearbyThe middle water level in the well records within 500 m (432 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
- 136 building permits issued within 250 m in the last 2 years250 m
- 19 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 2.5 km2.5 km
- Mapped parcel: about 34,450 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: 840 m840 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
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 970 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- 1 federal contaminated site 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 (0 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, Routcom, 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
Zone
CR 5.0 (c2.0; r5.0) SS1 (x1391)By-law
569-2013Municipality
Toronto1 5.0
Density: total floor area is capped at 5.0 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r5.0
Residential floor area is capped at 5.0 times the lot area.
4 x1391
Site-specific exception 1391: this site has rules of its own, written in the by-law.
5 SS1
Standards set 1: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(1391)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
36 building permits cleared at this address in the City’s file.
Building Permit Related(MS)Revision Issued
Revision 06: revision to PH Suites to allow for updated design to refelct purchasers design requirement Revision 04: Revision to Penthouse Suitesl Core + Shell - Adding Mmech and elect plansHVAC - Proposal to construct a new 51 storey Mixed Use Building, with 577 Residential Units, 5.5 levels of below grade parking, commercial at grade and office on levels 2-6.
Issued May 19, 2026
Building Permit Related(MS)Permit Issued
HVAC - Proposed for interior alteration to construct 164 rooms and Amenity Spaces on levels 2 to 6.
Issued February 24, 2026
Sign Building Permit RelatedPermit Issued
To erect and display 4 first party signs (2 wall signs + 2 Projecting signs) All Signs display static copy. Wall SignsSign 1 0.4m L x 2.0m W x 0.13m D x 5.4m H above Grade, Sign Face area of 0.80 square metres, first storey, East elevation, illuminated Sign 2 0.4m L x 2.8m W x 0.13m D x 4.5m H above Grade, Sign Face area of 1.12 square metres, first storey, South elevation, illuminated Projecting SignsSign 3 (doubled sided) 0.6m L x 0.6m W x 0.05m D x 3.1m H above Grade, Sign Face area of 0.36 square metres per side, 1st storey, South elevation, non illuminated Sign 4 (double sided) 0.6m L x 0.6m W x 0.05m D x 3.1m H above Grade, Sign Face area of 0.36 square metres per side, 1st storey, South elevation, non illuminated ***SOI THAI FOON***
Issued February 3, 2026
Building Permit Related(PS)Permit Issued
Plumbing - Proposed for interior alteration to construct 164 rooms and Amenity Spaces on levels 2 to 6.
Issued December 10, 2025
Interior AlterationsInspection
Proposed for interior alteration to construct 164 rooms and Amenity Spaces on levels 2 to 6.
Issued December 10, 2025
Electromagnetic LocksClosed
Proposal to install two maglocks to the sixth level of the building, bringing the total number of maglocks to eight.See related permit 24 114416 FSU
Issued August 12, 2025
Building Permit Related(PS)Revision Issued
Revision 02 - changing the hotel areas from GF to L6 be to only BASE BUILDING level onlyREVISION - additional areaHVAC - Proposal to construct a new 52 storey Mixed Use Building, with 587 Residential Units, 5.5 levels of below grade parking, commercial at grade and office on levels 2-6.
Issued August 1, 2025
Electromagnetic LocksClosed
REV 02 - Electromagnetic locking devices proposed to levels:P1=2, 2nd=2, 5th=27 Electromagnetic maglocks on the the P1 level, second floor and fifth floors
Issued October 7, 2024
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.
89 QUEEN ST ESite planUnder Review
Proposal for a 61 storey mixed-use building containing 691 dwelling units, 43,404 sqm of residential GFA, and 464 sqm of retail GFA.
50 m away137 CHURCH STSite planUnder Review
Site plan approval for a 53-storey mixed-use building having a non-residential gross floor area of 293 square metres, and a residential gross floor area of 30947 square metres. A total of 463 residential dwelling units are proposed.
70 m away139 CHURCH STSite planUnder Review
Site plan approval for a 53-storey mixed-use building having a non-residential gross floor area of 293 square metres, and a residential gross floor area of 30947 square metres. A total of 463 residential dwelling units are proposed.
80 m away119 CHURCH STSite planUnder Review
Proposal for a 61 storey mixed-use building containing 691 dwelling units, 43,404 sqm of residential GFA, and 464 sqm of retail GFA.
80 m away147 CHURCH STSite planUnder Review
Site plan approval for a 53-storey mixed-use building having a non-residential gross floor area of 293 square metres, and a residential gross floor area of 30947 square metres. A total of 463 residential dwelling units are proposed.
100 m away134 JARVIS STSite planUnder Review
Proposed 11-space surface commercial parking lot.
110 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 Church-Yonge Corridor right now
- For sale now
- 365
- Median asking price
- $580K
- New in 7 days
- 44
- Price cuts
- 19%
Middle half: $488K to $750K
139 in 28 days
71 listings
This home is asking 5% below the median.
See all homes in Church-Yonge CorridorAsking 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 |
|---|---|---|
| Queen Station | TTC subway: Line 1 Yonge-University | 400 m |
| King Station | TTC subway: Line 1 Yonge-University | 550 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 600 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1 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 |
|---|---|---|---|
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 300 m | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 400 m | 96%Grade 6 average |
| St Michael Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 65%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 900 m | 78%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 300 m | 96%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1 km | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 1.2 km | — |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.2 km | — |
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 Church-Yonge Corridor are shown to signed-in members.