For SaleCondo Apt · ApartmentMLS® #C13849770 · TRREB MLS®
1501-228 Queens Quay, Toronto, Ontario
Waterfront Communities C1, Toronto, Ontario M5J 2X1
- Bedrooms
- 1
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$499,000
Estimated market value
About 1501-228 Queens Quay
1501-228 Queens Quay is a 1-bedroom, 1-bathroom condo in Waterfront Communities C1, Toronto, listed for sale at an asking price of $499,000 (MLS® C13849770).
Experience waterfront living in this bright and well-appointed 1-bedroom suite at 228 Queens Quay West. Enjoy 9-foot ceilings, large windows that bring in abundant natural light, a private balcony, and captivating CN Tower views, an ideal setting to enjoy the energy of the city.Step outside and experience one of Toronto's most desirable waterfront lifestyles. Walk to the lake, waterfront trails, Harbourfront Centre, acclaimed restaurants, cafés, parks, and the ferry terminal to the Toronto Islands. Whether enjoying a summer stroll along the water, nearby outdoor programming, or the convenience of downtown living in every season, this location delivers an exceptional blend of city access and lakeside atmosphere.Conveniently located near Union Station, the Financial District, major highways, and Billy Bishop Toronto City Airport. Residents enjoy a strong collection of building amenities, including an indoor pool, fully equipped fitness centre, BBQ area, guest suites, and more. A bright, well-located home for professionals, investors, or anyone seeking an elevated waterfront lifestyle with the best of downtown Toronto at their doorstep.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $2,325 / 2026
- MLS® number
- C13849770
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- None, 0 Parking
Listing history
Buy/sell history for 1501-228 Queens Quay, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $499,000 | — | For Sale | C13849770 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Michelle Lacroix for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 2pc Flat
- 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, Dishwasher, Washer & Dryer, Existing Light Fixtures
- Condo maint.
- $530
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.28 × 4.51 m | Combined W/Dining, W/O To Balcony, hardwood floor | Flat |
| Dining | 4.51 × 4.51 m | Combined W/Living, hardwood floor | Flat |
| Kitchen | 2.27 × 2.29 m | — | Flat |
| Br | 2.84 × 3.44 m | Hardwood Floor | Flat |
Map and tour
Signals around this home
Land transfer tax on this home
- Ontario land transfer tax
- $6,455
- Toronto municipal land transfer tax
- $6,455
- Total land transfer tax
- $12,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,435
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 $499,000
- $1,980
- Ontario total
- $6,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
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.
Permit history
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 850 m | 84%Grade 6 average |
| Jean Lumb Public SchoolToronto DSB | Public · grades JK–8 | 850 m | 83%Grade 6 average |
| The Waterfront SchoolToronto DSB | Public · grades JK–8 | 1.2 km | 83%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 2.1 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 1.2 km | — |
| St Michael's Choir (Sr) SchoolToronto CDSB | Catholic · grades 9–12 | 1.8 km | 96%Grade 9 math |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.9 km | 8%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2.6 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.
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 |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 900 m |
| King Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.3 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 1.5 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.
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.
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.
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
- $99,800
- Total mortgage amount
- $399,200
- Total interest payment
- $283,900
- Total purchase cost
- $782,900
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
—Monthly carrying cost
$3,001- Rent $0
- Shortfall $3,001
Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.
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Sold prices in Waterfront Communities C1 are shown to signed-in members.