616-29 Queens Quay
Waterfront Communities C8, Toronto, Ontario M5E 0A4
- Bedrooms
- 2+1
- Bathrooms
- 3
- Size
- 1,200–1,399sq ft
- Per sq ft
- $1,193at the range’s middle
- Tax a year
- $7,8402025 tax year
- Built
- 0-5
- Parking
- 22 underground
- Days on market
- Members
The brief
About 616-29 Queens Quay
616-29 Queens Quay is a 2+1-bedroom, 3-bathroom condo in Waterfront Communities C8, Toronto, listed for sale at an asking price of $1,550,000 (MLS® C14131658).
Client RemarksExperience luxury living in this stunning 3 bedroom, 3 bathroom condo at Pier 27, featuring breathtaking lake views wake up to spectacular sunrises over the water. With 10' high ceilings, hardwood floors, and floor-to-ceiling windows, this unit is bathed in natural light. The gourmet Miele kitchen boasts quartz countertops, extended cabinetry, a gas cooktop, and valance lighting. The master suite offers a spa-like 5-piece ensuite, a walk-in closet, and balcony access, while the second bedroom includes its own ensuite. Enjoy a large balcony with serene lake views. Residents have access to 5-star amenities, including 24-hour concierge, indoor and outdoor pools, sauna, steam room, gym, and a party/meeting room. Sunrise lake waterfront views.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall6/100−$4,741/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 29 homes with 3 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
- $7,840 / 2025
- MLS® number
- C14131658
- Board
- TRREB MLS®
- Property Type
- Comm Element Condo
- Building Age
- 0-5
- Days on market
- Size
- 1200-1399 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Property details
Property
- Property Type
- Comm Element Condo
- Style
- Other
- Community
- Waterfront Communities C8
- Municipality
- Toronto
Building
- Size
- 1200-1399 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Details
- 2 × 5pc, 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- Yes
- Den
- Yes
- Family room
- Yes
- Condo maint.
- $1,116
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 616-29 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 | $1,550,000 | N/A | For Sale | C14131658 |
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
- $310,000
- Total mortgage amount
- $1,240,000
- Total interest payment
- $881,600
- Total purchase cost
- $2,431,600
- Mortgage payment
- $7,072/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
74%Monthly carrying cost
$8,841- Rent $4,100
- Shortfall $4,741
Rental income opens at $4,100, the median asking rent of 29 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
- $27,475
- Toronto municipal land transfer tax
- $27,475
- Total land transfer tax
- $54,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $46,475
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 $1,550,000
- $23,000
- Ontario total
- $27,475
Toronto’s municipal tax uses the same brackets at this price, so it adds another $27,475.
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
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
9 building permits cleared at this address in the City’s file.
Interior AlterationsRevision Issued
Revision: changes to kitchen and piano area
Issued April 29, 2026
Building Permit Related(MS)Inspection
Hvac -
Issued January 30, 2026
Building Permit Related(PS)Inspection
Plumbing -
Issued January 30, 2026
Garage Repair/ReconstructionClosed
Proposed ground level localized concrete repairs and one drain replacement and replacement of waterproofing system over slab
Issued September 4, 2025
Other(MS)Permit Issued
Propose to replace existing one (1) vertical Heat Pump Unit with one (1) New Horizontal Heat Pump Unit in ceiling - UNIT 1401
Issued August 15, 2025
Balcony/Guard RepairsClosed
Proposal to construct a pergola with weights on the top of the existing terrace structure of the condo unit 1201
Issued October 22, 2024
Other(BA)Cancelled
Open pergola with weights on top of the existing condominium terrace in Unit 1201.
Completed October 9, 2024
Interior AlterationsPermit Issued
Interior alterations to the lobby of the existing residential building - Pier 27
Issued July 25, 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.
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.
120 m away25 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.
120 m away25 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.
120 m away31 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.
140 m away37 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.
150 m away1 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
200 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
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 | 750 m |
| King Station | TTC subway: Line 1 Yonge-University | 1 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.4 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.6 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 Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 800 m | 65%Grade 6 average |
| Market Lane Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 | 1.2 km | 78%Grade 6 average |
| St Michael's Choir (Jr) SchoolToronto CDSB | Catholic · grades 1–8 · French Immersion | 1.6 km | 99%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.7 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.6 km | 96%Grade 9 math |
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 1.8 km | — |
| City SchoolToronto DSB | Public · grades 9–12 | 2 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.4 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
Similar Active Listings
Recently sold nearby
Sold prices in Waterfront Communities C8 are shown to signed-in members.