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MLS® C14123922For SaleCondominium

208-15 Queens Quay

Waterfront Communities C8, Toronto, Ontario M5E 0A5

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208-15 Queens Quay, Toronto, photo 1
Asking$529,000
Bedrooms
1+1
Bathrooms
1
Size
500–599sq ft
Per sq ft
$963at the range’s middle
Tax a year
$2,6622026 tax year
Parking
0none
Days on market
Members

The brief

About 208-15 Queens Quay

208-15 Queens Quay is a 1+1-bedroom, 1-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $529,000 (MLS® C14123922).

Experience premium waterfront living at the prestigious Tower On The Lake Condos at 15 Queens Quay East! This one-bedroom-plus den condo features a modern kitchen with built in appliances, an undermount sink, under-cabinet lighting and a lovely breakfast area. The living area has bright floor-to-ceiling windows and the walk-out to a large balcony; a great space to enjoy your morning coffee or to relax in the evening! The primary bedroom features a double closet and a private walk-out to the balcony. The separate den space boasts a sliding door for additional privacy and serves as a perfect home office, study, or cozy reading nook! This unit is conveniently located on the 2nd floor, no need to wait for the elevator! Other features include in-suite laundry with stacked washer and dryer, central air conditioning and beautiful laminate flooring throughout. Residents of the Tower On The Lake enjoy a 24-hour concierge, outdoor rooftop swimming pool and sun deck, a library, theatre, party rooms, gym/fitness room with a yoga studio, a sauna and indoor pool. Just steps to Toronto's Harbourfront, The Distillery Historic District, grocery stores, cafes, restaurants, banks, parks, and schools. Walk to Union Station, the underground PATH network, Scotiabank Arena, Rogers Centre, CN Tower, Ripley's Aquarium, St. Lawrence Market and the financial and entertainment districts. Enjoy the multi-use Martin Goodman walking, running, and cycling trail across Queens Quay East and West with restaurants, cafes, lounges, theatre, HTO, and Sugar Beaches. Nearby Queen's Quay Terminal, Harbourfront Centre, Jack Layton Ferry Terminal boats to Centre Island, yacht clubs, and Billy Bishop City Airport.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Near break-even

    −$205/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 84 condos with 2 bedrooms for lease in Waterfront Communities C8 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
$2,662 / 2026
MLS® number
C14123922
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: RE/MAX HALLMARK FIRST GROUP REALTY LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Waterfront Communities C8
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Concrete

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 3pc
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
Fridge, stove, microwave, dishwasher, stacked washer and dryer.
Condo maint.
$469

Rooms

RoomSizeFeaturesLevel
Kitchen3.03 × 2.9 mB/I Appliances, Undermount Sink, Breakfast AreaMain
Living3.09 × 3.1 mLaminate, Window Flr to Ceil, W/O To BalconyMain
Primary2.55 × 3.46 mLaminate, Double Closet, W/O To BalconyMain
Den2.54 × 1.72 mLaminate, Separate Rm, Sliding DoorsMain
Foyer2.14 × 2.2 mLaminate, Mirrored Closet, Combined W/LaundryMain

Listing history

Buy/sell history for 208-15 Queens Quay, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$529,000N/AFor SaleC14123922

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $105,800

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
$105,800
Total mortgage amount
$423,200
Total interest payment
$301,000
Total purchase cost
$830,000
Mortgage payment
$2,414/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

27%

Monthly carrying cost

$3,105
−$205per month
  • Rent $2,900
  • Shortfall $205

Rental income opens at $2,900, the median asking rent of 84 comparable homes for lease in Waterfront Communities C8. 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
$7,055
Toronto municipal land transfer tax
$7,055
Total land transfer tax
$14,110
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$5,635
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 $529,000
$2,580
Ontario total
$7,055

Toronto’s municipal tax uses the same brackets at this price, so it adds another $7,055.

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.

19 records · 13 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 4.9 m below ground nearbyBedrock about 7.6 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 2,510 sq ft34 building permits issued within 250 m in the last 2 years16 open development applications within 250 mNearest airport: 1.6 kmNearest rail line: 370 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation5

  • 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 m107 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 4.9 m below ground nearbyThe middle water level in the well records within 500 m (310 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 7.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.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
  • 34 building permits issued within 250 m in the last 2 years250 m
  • 16 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
  • Nearest airport: 1.6 km1.6 km
  • Mapped parcel: about 2,510 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: 370 m370 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
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Redpath Sugar Ltd — Toronto Refinery, 230 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 (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. 438-86
Outside By-law 569-2013

What 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

24 building permits cleared at this address in the City’s file.

  • Building Permit Related(PS)Revision Issued

    REV 01: REVISION TO PLUMBIMG WORKPlumbing - Proposed interior alterations to convert an existing retail space into a new walk-in clinic with pharmacy

    Issued June 20, 2025

  • Interior AlterationsInspection

    Proposed interior alterations to convert an existing retail space into a new walk-in clinic with a pharmacy.

    Issued December 13, 2023

  • Building Permit Related(MS)Inspection

    HVAC - Proposed interior alterations to convert an existing retail space into a new walk-in clinic with pharmacy

    Issued December 13, 2023

  • New BuildingClosed

    Revision 02: Propsoal to revise the configuration/allocation of residential and commercial parking spaces in the underground garage

    Issued May 24, 2023

  • Sign Building Permit RelatedClosed

    Application for a permit to erect and display two overhanging structure signs both illuminated.and displaying static copy.*****COURTSIDE RESTAURANT*****

    Issued March 15, 2023

  • Sign Building Permit RelatedCancelled

    To erect and display one projecting sign and one ground sign, both illuminated and displaying static copy.

    Issued November 8, 2022

  • Sign Building Permit RelatedCancelled

    To erect and display one illuminated ground sign and one illuminated projecting sign, both displaying static copy.***P***

    Issued May 25, 2022

  • Building Permit Related(PS)Closed

    Plumbing - Construct interior alterations for new restaurant "Courtside Restaurant" unit 10, with mezzanine on ground floor

    Issued April 25, 2022

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

Changing nearby. 6 open development applications within 800 m of this home.

  • 25 QUEENS QUAY EOfficial plan or zoning amendmentOMB Appeal

    Proposal to modify previously approved Buildings A and F. Building A is proposed with a revised height of 11 storeys containing 136 residential dwelling units (previously approved for 13 storeys containing 132 units). Building F is proposed with a revised height of 45 storeys containing 449 residential dwelling units (previously approved for 13 storeys containing 139 units). In total, an additional 314 residential units are proposed. Please note that OPA/Rezoning File No. 21 143747 STE 10 OZ is being reviewed at the same time as Site Plan Control File No. 21 143750 STE 10 SA. OPA/Rezoning must be approved prior to site plan approval.


    40 m away

  • 25 QUEENS QUAY ESite planUnder Review

    Proposal to modify previously approved Buildings A and F. Building A is proposed with a revised height of 11 storeys containing 136 residential dwelling units (previously approved for 13 storeys containing 132 units). Building F is proposed with a revised height of 45 storeys containing 449 residential dwelling units (previously approved for 13 storeys containing 139 units). In total, an additional 314 residential units are proposed. Please note that OPA/Rezoning File No. 21 143747 STE 10 OZ is being reviewed at the same time as Site Plan Control File No. 21 143750 STE 10 SA. OPA/Rezoning must be approved prior to site plan approval.


    40 m away

  • 19 QUEENS QUAY EOfficial plan or zoning amendmentOMB Appeal

    Proposal to modify previously approved Buildings A and F. Building A is proposed with a revised height of 11 storeys containing 136 residential dwelling units (previously approved for 13 storeys containing 132 units). Building F is proposed with a revised height of 45 storeys containing 449 residential dwelling units (previously approved for 13 storeys containing 139 units). In total, an additional 314 residential units are proposed. Please note that OPA/Rezoning File No. 21 143747 STE 10 OZ is being reviewed at the same time as Site Plan Control File No. 21 143750 STE 10 SA. OPA/Rezoning must be approved prior to site plan approval.


    50 m away

  • 1 YONGE STSite planUnder Review

    PHASE 3 - This Site Plan Approval application for Phase 3 proposes a 95-storey tower with a gross floor area of 93148sqm.


    90 m away

  • 1 YONGE STSite planUnder Review

    Site Plan Approval for Phase 4 & 5 of the One Yonge Development, consisting of two non-residential towers having heights of 22 and 40-storeys, respectively. There is an associated Official Plan and and Zoning By-law amendment application to revise the approved OPA and ZBA as it relates to the southerly parcel (phase 4 and 5) to allow for the inclusion of a hotel use within Phase 4 of the redevelopment, as well as changes to the proposal including the addition of a pedestrian bridge between Towers 4 and 5. application 20 152435 STE 10 OZ


    90 m away

  • 1 YONGE STOfficial plan or zoning amendmentOMB Appeal

    The proposed applications seek to amend By-law No. 248- 2020 (LPAT) (which introduced the 1-7 Yonge Site and Area Specific Policy) and to amend site-specific Zoning By-law 249-2020 (LPAT) to permit 10 and 12 storey increases to the approved 95- and 80-storey heights of the Phases 2 and 3 mixed-use buildings,respectively, resulting in heights of 105 and 92 storeys.


    90 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 C8 right now

For sale now
190
Median asking price
$587K

Middle half: $500K to $800K

New in 7 days
24

77 in 28 days

Price cuts
20%

38 listings

This home is asking 10% below the median.

See all homes in Waterfront Communities C8

Asking 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

Transit nearby

StationLinesDistance
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train650 m
King StationTTC subway: Line 1 Yonge-University850 m
St Andrew StationTTC subway: Line 1 Yonge-University1.1 km
Queen StationTTC subway: Line 1 Yonge-University1.3 km
Osgoode StationTTC subway: Line 1 Yonge-University1.5 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

ElementaryTypeDistanceEQAO average 2024–25
St Michael Catholic SchoolToronto CDSBCatholic · grades JK–8750 m65%Grade 6 average
Market Lane Junior and Senior Public SchoolToronto DSBPublic · grades JK–81.1 km78%Grade 6 average
St Michael's Choir (Jr) SchoolToronto CDSBCatholic · grades 1–8 · French Immersion1.5 km99%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–61.6 km96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–121.5 km96%Grade 9 math
Inglenook Community SchoolToronto DSBPublic · grades 9–121.8 km—
City SchoolToronto DSBPublic · grades 9–122 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.3 km86%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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Recently sold nearby

Sold prices in Waterfront Communities C8 are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson