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Condo ApartmentListed 9 days ago

$370,000

85 Queens Wharf Road 3208, Toronto, ON M5V 0J9

Waterfront Communities C1 · Toronto · M5V 0J9

Listing brokerage: REMAX YOUR COMMUNITY REALTY

Beds
Studio
Baths
1
Sq ft
0–499
Parking
0

Monthly costs

Maintenance

$379/mo

Property taxes

$169/mo

$2,026 a year (2026)

About $548 a month in fees and taxes, before the mortgage.

The fee covers

  • Covered: Heat
  • Covered: Water
  • Covered: Air conditioning
  • Covered: Building Insurance
  • Covered: Common Elements
  • Not covered: Hydro

Bills not covered are paid by the owner.

For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules

The unit

Exposure
North
Parking
None
Locker
None
Balcony
Juliette
Laundry
Ensuite
Possession
ASAP

The building

85 Queens Wharf Road 3208

Waterfront Communities C1

  • 9 for sale
  • 3 for rent

About this home

Opportunity is knocking! Are you tired of paying for someone else's mortgage? This is your opportunity to build your new/existing real estate portfolio. Here we have a 438 sqft Studio Unit in the Spectra Condo By Concord Adex. Located in the heart of Downtown Toronto! Close To TTC, Steps From Major Banks (TD), Restaurants, Grocery (Loblaws, Starbucks) retail Stores, Library, Parks, the lake, & much more! This unit is functional and versatile with the space organizer. Enjoy the great views from the Juliet balcony including the CN Tower, green space, city skylines. The Building is equipped with multi Floors Of amazing Amenities. to name a few: indoor Pool, Hot Tub, Gym, Indoor Basketball Court, massage room, movie room. Rooftop Bbq, 24/7 Concierge & Security With Ample Visitor Parking. Do not Miss Out On This Great Unit, what are you waiting for? Do not wait to buy real estate, buy real estate and wait!

All details22 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing

Interior

Bedrooms
Studio
Bathrooms
1
Kitchens
1
Rooms
4
Size
0-499 sq ft

Features

  • Other

Building & Amenities

Floor
28
Property management
Elite Property Management

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Covered spaces
0

Exterior & Lot

Style
Apartment
Exterior
Concrete Block

Taxes & Fees

HST
Included In

Listing

MLS® number
C13861220
Type
Condo Apartment
Transaction
For Sale
Cross streets
Bathurst / Fort York
Neighbourhood
Waterfront Communities C1
Rooms · 4Kitchen, Living Room, Dining Room, Washroom
  • Kitchen

    Flat

    3.84 × 2.27 m · 12′7″ × 7′5″

    Track Lighting, Stainless Steel Appl, Laminate

  • Living Room

    Flat

    8.20 × 4.94 m · 26′11″ × 16′2″

    Open Concept, Combined w/Dining, Laminate

  • Dining Room

    Flat

    8.20 × 4.94 m · 26′11″ × 16′2″

    Large Window, Combined w/Living, Juliette Balcony

  • 4-piece washroom

    Flat

History

Past listings and sales for this home and building.

Location

85 Queens Wharf Road 3208, Toronto, ON M5V 0J9 · Near Bathurst / Fort York

Monthly cost

Estimated monthly cost

$2,186/mo

Mortgage
$1,638
Property tax
$169
Maintenance
$379
Down payment$74,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

Cash to close

Cash to close

$84,220

$74,000 down + $10,220 to $11,470 in closing costs

Ontario land transfer tax
$4,025
Toronto land transfer tax
$4,025
Legal fees and disbursements
$1,500 to $2,500
Title insurance
$250 to $500
Status certificate
$100
Property tax adjustment
$100
Condo fee adjustment
$220

Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.

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The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$370,000

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