Homula Realty Brokerage
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.

85 Queens Wharf Road 316, Toronto, ON M5V 0J9

1+1 beds · 1 bath · 1 kitchen · 5 rooms · 1 parking space · 600-699 sq ft · No locker · Laundry: Laundry Room · Condo Apartment
$538,000

Utilities includedWater · Heat

Also includedCommon Elements · Building Insurance

Maintenance fee
$661 / month
Property tax
$3,261 / year
Included in the fee
Water, Heat, Common Elements, Building Insurance

Welcome to this bright and spacious 648 sq. ft. 1-bedroom plus den unit in Toronto's most saught-after waterfront community. Offering a functional and well-designed layout, the suite features a spacious bedroom with floor-to-ceiling windows and ample closet space. The den can easily be used as a second bedroom, home office, or guest space. The open-concept living area is filled with natural light and walks out to a large private balcony, perfect for relaxing or entertaining. The kitchen is equipped with stainless steel appliances, plus New Fridge, Washer and Dryer. Residents enjoy access to excellent amenities, including a 24-hour concierge, indoor pool, rooftop garden, guest suites, and BBQ area. Ideally located steps from the waterfront, parks, transit, restaurants, and Toronto's downtown core, this property is an excellent opportunity for both end users and investors.

MLS number
C13580970
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
M5V 0J9
Photos
32
Locker
No
Laundry
Laundry Room
Included in the fee
Water, Heat, Common Elements, Building Insurance
58days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Jean Lumb Public School7.3 / 10
Elementary · Regular Track
TDSB boundary
Harbord Collegiate Institute8.5 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
City School
Toronto DSB
Secondary359 m5.8 / 10
58% met the standard · 1 of 6 measures
The Waterfront School
Toronto DSB
Elementary359 m7.4 / 10
74% met the standard
Bishop Macdonell Catholic School
Toronto CDSB
Elementary358 m8.2 / 10
82% met the standard
Oasis Alternative Secondary School
Toronto DSB
Secondary762 mNot reported
ALPHA Alternative Junior School
Toronto DSB
Elementary766 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Waterfront Communities C12,423 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$535k$608k$680k20252026this home’s asking price
$590klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d32d20252026
25dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in waterfront communities c1. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 7,611 people.

$82,000Median household income
33.1%Own their home
0%Detached houses
30.4Median age
47%Born outside Canada
63.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204819 — the few blocks around this address, home to 7,611 people. It describes the area, not this property.

7,611Population
31.4Average age
1.8Household size
$94,500Average household income
$82,000Median household income
33%Own their home
67%Rent
91%Condominiums
47%Born outside Canada
63%University degree
$709,000Average home value
17%Low income
20%Not in the labour force
53%Never married
Under $5,0003%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,99910%
$125,000 to $149,9996%
$150,000 to $199,9997%
$200,000 and over4%

Percentages are of the 5,800 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$107,600 · minimum here is $28,800
$2,382.15per month
Borrowed before insurance$430,400
Total borrowed$430,400
Interest over 25 years at 4.5%$284,244

If you rented it out

-$3,314.90per month out of pocket
Rent$0.00
Everything it costs to hold$3,314.90
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

150 QUEENS WHARF RD144 m
Council Approved · applied November 21, 2025

Proposed increase in height from the previously approved 29-storey tower to a 37-storey tower. The proposal increases the GFA by 3591 square metres and reduces the number of dwelling units from 282 to 268 total units.

City planning file →
495 KING ST W418 m
Under Review · applied May 14, 2025

Draft Plan of Standard Condominium for 439 units.

City planning file →
663 KING ST W441 m
Under Review · applied April 26, 2023

Ontario Line King-Bathurst

City planning file →
578 KING ST W447 m
NOAC Issued · applied December 23, 2022

Proposal for a 9-storey non-residential building (36.4 metres, exclusive of the mechanical penthouse), comprised of approximately 4,665 square metres of office uses with commercial uses on the lower levels.…

City planning file →
689 KING ST W494 m
Under Review · applied October 11, 2022

To construct 11 and 18 storey hotel with 272 suites and a restaurant at-grade. Related applications include zoning by-law amendment application 19 115906 STE 10 OZ.

City planning file →
675 KING ST W474 m
Under Review · applied September 15, 2022

The proposed development is for a 19-storey mixed-use building with a height of approximately 67.7 metres to the top of the roof (72.0 metres to the top of the mechanical penthouse) with approximately 13,035 square metres of total gross floor area, including a…

City planning file →
675 KING ST W474 m
Council Approved · applied September 15, 2022

The proposed development is for a 21-storey mixed-use building with a height of approximately 72 metres to the top of the roof (75.25 metres to the top of the mechanical penthouse) with approximately 12,912 square metres of total gross floor area, including ap…

City planning file →
18 PORTLAND ST151 m
Under Review · applied September 8, 2022

Proposal to permit the redevelopment of the site with a 22-storey mixed-use building, having a non-residential gross floor area of 2,770.5 square metres and a residential gross floor area of 13,765.5 square metres.…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by BAY STREET GROUP INC.. Listing data provided by the Toronto Regional Real Estate Board.