$865,000 - 251 Queens Quay Unit 705, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
- MLS Number
- C13451130
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX HALLMARK YORK GROUP REALTY LTD.
Welcome to Admiralty Point, a Premium Luxury boutique waterfront building with just 9 floors and 61 suites total, offering a quiet, exclusive address in the heart of Toronto's vibrant harbourfront community. This impressive oversized 1-bedroom condo delivers spectacular views of Toronto Harbour, Lake Ontario, the CN Tower, and Queens Quay. The open-concept living and dining space is flooded with natural light and showcases breathtaking waterfront vistas year-round. The eat-in kitchen impresses with abundant cabinetry, a large centre island, and breakfast bar seating - perfect for cooking, gathering, and entertaining guests. The generously sized primary bedroom offers a true private retreat, and the expansive layout provides a flexibility and flow rarely found in a one-bedroom residence. One parking space and a storage locker are included for added convenience. Residents enjoy exclusive, complimentary access to the Radisson Hotel's heated pool, sundeck, and dining room, plus ample visitor parking available in the hotel garage on P1. Live steps from Rogers Centre, Scotiabank Arena, Ripley's Aquarium, Beaches, Yacht Club, and an incredible array of shopping, restaurants, cafés, and greenspace along the harbourfront. Beyond the everyday convenience, this is a lifestyle. The Harbourfront comes alive throughout the year with concerts, cultural festivals, free outdoor film nights, dragon boat races, art exhibitions, holiday markets, and seasonal celebrations happening right outside your door. Stroll the boardwalk, watch the sailboats glide by, grab a coffee on a sunny patio, or take in a summer concert by the water - all part of everyday life here. Quiet, well-managed, and unbeatably located, Admiralty Point offers the very best of Toronto waterfront living in one elegant, boutique address.
Estimate your monthly payments for this property
Estimated Payment
$4,437.90/mo
Includes CMHC insurance ($24,134)
5-yr fixed avg.
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.
Discover Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Waterfront Communities C1 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.
251 Queens Quay Unit 705, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $865/sqft, this property is priced in line with current Downtown Toronto 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.
Market Position
At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
About Waterfront Communities C1
I know Waterfront Communities C1 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: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,604 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.