- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 700–799sq ft
- Per sq ft
- $1,438at the range’s middle
- Parking
- 0none
- Days on market
- Members
The brief
About 1407-60 Queen St
1407-60 Queen St is a 2-bedroom, 2-bathroom condo in Kensington-Chinatown, Toronto, listed for sale at an asking price of $1,078,000 (MLS® C13654830).
UNDER CONSTRUCTION! Tridel's Queen Church building is a 57-storey sharp looking condo residence located in downtown premium location that offers unparalleled convenience, remarkable amenities, modern finishes, and flexible open-concept layouts. Near perfect transit and walk scores. Large co-work spaces, BBQ area, party room. S1 Design, Studio, approx. 726 sqft. as per builder's plan. Occupancy Summer 2028.!Prices shown reflect the estimated net Ontario Enhanced New Home Rebate ("ENHR") amount. Actual purchase prices, taxes payable, and rebate eligibility will be determined based on the approved legislation and the Purchaser's individual circumstances. This pricing assumes the purchaser qualifies for the rebate and assigns it to the builder. The vendor makes no representations or warranties regarding the availability or amount of any such rebate.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall12/100−$2,632/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 44 condos with 2 bedrooms for lease in Kensington-Chinatown 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
- C13654830
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 700-799 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Kensington-Chinatown
- Municipality
- Toronto
Building
- Size
- 700-799 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Smooth approx. 8'6 ceilings. Excellent layout with large windows. Stainless steel kitchen appliances. Granite/Quartz counter-top and backslash.
- Condo maint.
- $588
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.124 × 6.299 m | Combined W/Dining, Large Window, Laminate | Main |
| Kitchen | 3.124 × 6.299 m | Combined W/Living, Modern Kitchen, B/I Appliances | Main |
| Dining | 3.124 × 6.299 m | Combined W/Living, Open Concept, Laminate | Main |
| Br | 2.87 × 3.15 m | Window, Ensuite Bath, Laminate | Main |
| 2nd Br | 2.743 × 2.743 m | Window, Closet, Laminate | Main |
Listing history
Buy/sell history for 1407-60 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 | $1,078,000 | N/A | Ext | C13654830 |
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
- $215,600
- Total mortgage amount
- $862,400
- Total interest payment
- $613,300
- Total purchase cost
- $1,691,300
- Mortgage payment
- $4,919/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
63%Monthly carrying cost
$5,507- Rent $2,875
- Shortfall $2,632
Rental income opens at $2,875, the median asking rent of 44 comparable homes for lease in Kensington-Chinatown. 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
- $18,035
- Toronto municipal land transfer tax
- $18,035
- Total land transfer tax
- $36,070
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $27,595
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 $1,078,000
- $13,560
- Ontario total
- $18,035
Toronto’s municipal tax uses the same brackets at this price, so it adds another $18,035.
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 Yossi Kaplan, MBA, Salesperson 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 m135 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.1 m below ground nearbyThe middle water level in the well records within 500 m (418 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
- 162 building permits issued within 250 m in the last 2 years250 m
- 20 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 11,740 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, 920 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 (10 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
- On the Heritage Register — Part IV, by-law 182-2021
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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 3.0 (c2.0; r3.0) SS1 (x252)By-law
569-2013Municipality
Toronto1 3.0
Density: total floor area is capped at 3.0 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r3.0
Residential floor area is capped at 3.0 times the lot area.
4 x252
Site-specific exception 252: 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(252)
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
16 building permits cleared at this address in the City’s file.
New BuildingNot Started
Conditional Permit - Proposal to construct a new 57 storey mixed use building with 445 residential units, ground floor retail and 4 levels underground parking. See also 22 164002 DEM and 21 152905 STE 13 SA.
Applied October 22, 2026
Partial Permit - Structural FramingInspection
Conditional Permit - Part Permit - Proposal to construct a new 57 storey mixed use building with 445 residential units, ground floor retail and 4 levels underground parking. See also 22 164002 DEM and 21 152905 STE 13 SA.
Issued June 28, 2026
Alternative SolutionUnder Review
Alternative solution for providing 65 mm dia standpipe hose connections within the exit staris in lieu of traditional fire hose cabinets containing 38 mm + 65mm connection +30 m fire hose
Applied July 8, 2025
Building Permit Related(PS)Permit Issued
Plumbing - Proposal to construct a new 57 storey mixed use building with 445 residential units, ground floor retail and 4 levels underground parking. See also 22 164002 DEM and 21 152905 STE 13 SA.
Issued June 27, 2025
Building Permit Related (DR)Inspection
Drain - Proposal to construct a new 57 storey mixed use building with 445 residential units, ground floor retail and 4 levels underground parking. See also 22 164002 DEM and 21 152905 STE 13 SA.
Issued June 27, 2025
Alternative SolutionApproved
Proposal for exception to waive smoke dampers at the residential public corridor air transfer openings for the proposed building to be located at 60 Queen St E.
Completed May 20, 2025
Partial Permit - FoundationSuperseded
Part Permit - Proposal to construct a new 57 storey mixed use building with 445 residential units, ground floor retail and 4 levels underground parking. See also 22 164002 DEM and 21 152905 STE 13 SA.
Completed January 27, 2026
Other(BA)Inspection
Proposal for a Heritage Facade Retention permit to facilitate the construction of a new mixed-use condominium. See also 22 169777 BLD.
Issued September 15, 2023
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.
137 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.
30 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.
40 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.
50 m away89 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.
60 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.
60 m away59 RICHMOND ST EPlan of subdivisionUnder Review
Draft Plan of Subdivision for 2 blocks.
140 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 Kensington-Chinatown right now
- For sale now
- 83
- Median asking price
- $650K
- New in 7 days
- 11
- Price cuts
- 24%
Middle half: $519K to $862K
32 in 28 days
20 listings
This home is asking 66% above the median, higher than three quarters of them.
See all homes in Kensington-ChinatownAsking 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 | 350 m |
| King Station | TTC subway: Line 1 Yonge-University | 500 m |
| TMU Station | TTC subway: Line 1 Yonge-University | 550 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 950 m |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 950 m |
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 | 450 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 | 1 km | 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 | 1.3 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 Kensington-Chinatown are shown to signed-in members.