1852 Queen Street Unit 304, Toronto E02

Price: $1,579,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13002776

SOPHISTICATED, DESIGN-DRIVEN PENTHOUSE LOFT WITH EXPANSIVE TERRACES FOR THOSE SEEKING SPACE, QUIET & CITY BALANCE! A rare penthouse loft in the heart of Toronto's Beaches, PH304 blends striking design, effortless living, and an outdoor lifestyle in one of Toronto's most connected and outdoor-oriented neighbourhoods. Set within an award-winning boutique, hard loft conversion by Streetcar Developments, this one-of-twelve residence offers nearly 1,500 square feet of light-filled interior space plus over 500 square feet of private terrace space designed for entertaining, working, relaxing, and summer nights under the stars. Recently redesigned with a refined modern aesthetic, the loft balances warmth, function, and architectural impact. Soaring 22-foot ceilings, skylights, floor-to-ceiling windows, and tilt-and-turn patio doors flood the home with soft natural light throughout the day.The custom kitchen was built for serious cooking and casual gathering alike, featuring a 5-burner gas cooktop, oversized integrated sink, restaurant-grade work surfaces, and extensive open and concealed storage. Integrated millwork continues into a built-in coffee station and bar, creating a seamless backdrop for hosting.The open-concept living and dining areas center around a gas fireplace and connect directly to the north terrace, an extension of the living space. Outdoor space that feels equally suited to quiet mornings or evenings with friends.The flexible main-floor bedroom functions beautifully as a guest suite, creative studio, or dedicated work-from-home space, complete with built-ins, skylight, and private ensuite. Upstairs, the primary retreat offers a walk-in closet, spa-inspired 5-piece ensuite, and direct access to a private rooftop terrace. With owned parking and storage, boutique-scale living, and the freedom of a true lock-up-and-go lifestyle, PH304 offers a rare opportunity to experience loft living just moments from the lake, boardwalk, parks, cafes, and Queen East.

1852 Queen Street Unit 304 - Condo photo 1 of 39 in The Beaches / Upper Beaches, Ontario
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$1,579,000 - 1852 Queen Street Unit 304, The Beaches

Condo for Sale in The Beaches

83 days on market

Neighbourhood: The Beaches

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13002776
Property Type
Condo
Status
active
Days on Site
83
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
The Beaches / Upper Beaches
Locker
Exclusive
Exposure
North South
Balcony
Terrace
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

SOPHISTICATED, DESIGN-DRIVEN PENTHOUSE LOFT WITH EXPANSIVE TERRACES FOR THOSE SEEKING SPACE, QUIET & CITY BALANCE! A rare penthouse loft in the heart of Toronto's Beaches, PH304 blends striking design, effortless living, and an outdoor lifestyle in one of Toronto's most connected and outdoor-oriented neighbourhoods. Set within an award-winning boutique, hard loft conversion by Streetcar Developments, this one-of-twelve residence offers nearly 1,500 square feet of light-filled interior space plus over 500 square feet of private terrace space designed for entertaining, working, relaxing, and summer nights under the stars. Recently redesigned with a refined modern aesthetic, the loft balances warmth, function, and architectural impact. Soaring 22-foot ceilings, skylights, floor-to-ceiling windows, and tilt-and-turn patio doors flood the home with soft natural light throughout the day.The custom kitchen was built for serious cooking and casual gathering alike, featuring a 5-burner gas cooktop, oversized integrated sink, restaurant-grade work surfaces, and extensive open and concealed storage. Integrated millwork continues into a built-in coffee station and bar, creating a seamless backdrop for hosting.The open-concept living and dining areas center around a gas fireplace and connect directly to the north terrace, an extension of the living space. Outdoor space that feels equally suited to quiet mornings or evenings with friends.The flexible main-floor bedroom functions beautifully as a guest suite, creative studio, or dedicated work-from-home space, complete with built-ins, skylight, and private ensuite. Upstairs, the primary retreat offers a walk-in closet, spa-inspired 5-piece ensuite, and direct access to a private rooftop terrace. With owned parking and storage, boutique-scale living, and the freedom of a true lock-up-and-go lifestyle, PH304 offers a rare opportunity to experience loft living just moments from the lake, boardwalk, parks, cafes, and Queen East.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,984.45/mo

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5-yr fixed avg.

Principal: $1,263,200Interest: $832,135
Mortgage Amount$1,263,200
Total Interest$832,135
Est. Property Tax$1,118/mo
Total Cost$2,095,335

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: The Beaches

Discover The Beaches

The Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in The Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

The Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1852 Queen Street Unit 304, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$1,118
Insurance (est.)-$329
Net Cash Flow+$723

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $1128/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 83 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1852 Queen Street Unit 304 | $1,579,000 | Battaglia Team