$665,000 - 410 Queens Quay Unit 1114, Downtown Toronto
Condo for Sale in Downtown Toronto
Neighbourhood: Waterfront Communities C1
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- MLS Number
- C13754940
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $3,446
- Maintenance Fees
- $1,087/mo
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SAGE REAL ESTATE LIMITED
What a life it would be to live by the water. Especially with the bustle of the big city in the background. Spending your days downtown doesn't feel as daunting when you can retreat to your waterfront sanctuary and wash away the worries of your urban ordeals. A dream for many, a reality for a few, but Unit 1114 could be that opportunity for you. This recently renovated and well laid out suite features brand new appliances, freshly laid hardwood, and a proper paint job just to name a few. But it also offers something most condos don't... Views of the water from every room that help turn down the sound and turn up your sense of serenity. Imagine mornings that begin with light pouring in from the sun creeping up over the lake. Hot coffee on the marble countertop, warm floors under your feet, natural light caressing the updated kitchen cabinetry, and the tranquil treetops of the Toronto Islands in the distance. How rare it is to live a hundred feet in the air but still feel connected to the world around you. Priceless. This special waterfront location isn't just geography either - it's a unique way of living, with a definitive rhythm and an enviable environment. Live in close proximity to experiences, not just landmarks. Enjoy daily routines that only this specific spot in the city can offer. Whether you walk, run, bike or blade, swim, sail or soak, there's something for everyone in this eclectic, outdoor-oriented community. Foodies, fun-lovers, sports fans and families all vibe together effortlessly and enjoyably. The emotional benefits of living by the water, the convenience factor of the immediate area, and even the CN Tower lights that twinkle at you throughout the night, all combine to help answer the question... Is this where your life belongs next?
Estimate your monthly payments for this property
Estimated Payment
$3,411.79/mo
Includes CMHC insurance ($18,554)
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.
410 Queens Quay Unit 1114, Downtown Toronto / Waterfront
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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 $831/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 29 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. The $1087/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,771 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.