218 Queens Quay W Ph4, Toronto, ON M5J 2Y6
Utilities includedCentral Air Conditioning · Heat · Water
Also includedCommon Elements · Building Insurance · Parking
- Maintenance fee
- $1,364 / month
- Property tax
- $5,354 / year
- Included in the fee
- CAC, Common Elements, Heat, Building Insurance, Parking, Water
Rare Waterfront Penthouse at Waterclub III. Experience exceptional lakefront living in this beautifully renovated 2-bedroom, 2-bathroom penthouse offering approximately 1,175 sq. ft. of interior living space plus a spectacular ~200 sq. ft. private terrace. Soaring 10' ceilings and expansive floor-to-ceiling windows showcase sweeping southwest views over Lake Ontario, the marina and waterfront from virtually every room. Thoughtfully renovated in 2021 with designer finishes throughout, including a beautifully appointed kitchen and a new designer closet system. The spacious open-concept living and dining areas are ideal for both entertaining and everyday living. Generous primary bedroom with stunning views, plus a second bedroom with walkout access to the terrace. Includes parking, owned locker, and exclusive-use bike storage conveniently located directly at the parking space. Enjoy an exceptional downtown lifestyle just steps from the waterfront, Harbourfront, dining, entertainment, TTC and the Financial District. A truly rare penthouse offering combining spectacular views, exceptional outdoor space and refined urban living.
- MLS number
- C13693144
- Type
- Condo Apartment
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 2
- Postal code
- M5J 2Y6
- Photos
- 48
- Locker
- Yes — Owned (locker 91, level A)
- Laundry
- Ensuite
- Included in the fee
- CAC, Common Elements, Heat, Building Insurance, Parking, Water
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.
Rooms
5 rooms as the listing brokerage filed them, with measurements.
Main
| Room | Size | Features |
|---|---|---|
| Dining Room | 4.42 × 3.77 m | Combined w/Living · Electric Fireplace · Hardwood Floor |
| Living Room | 4.20 × 3.46 m | Combined w/Dining · W/O To Terrace · SW View |
| Kitchen | 3.97 × 3.08 m | B/I Appliances · Marble Counter · Porcelain Floor |
| Primary Bedroom | 4.83 × 3.86 m | Walk-In Closet(s) · 4 Pc Ensuite · Broadloom |
| Bedroom 2 | 4.46 × 4.45 m | W/O To Terrace · Closet · Broadloom |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Condo Apartment
- Style
- Apartment
- Class
- Residential Condo & Other
- Exposure
- South West
- Community
- Waterfront Communities C1
- Municipality
- Toronto C01
- Cross street
- York & Queens Quay & L. Simcoe
- Zoning
- Residential
Inside
- Bedrooms
- 2
- Bedrooms above grade
- 2
- Bathrooms
- 2
- Washrooms
- 1 on the main floor · 1 on the main floor
- Kitchens
- 1
- Rooms
- 5
- Rooms above grade
- 5
- Basement
- None
- Laundry
- Main Level
- Size
- 1200-1399
Building
- Construction
- Concrete
- Attached
- Yes
- Balcony
- Open
Parking
- Garage
- Underground
- Covered spaces
- 1
- Driveway spaces
- 1
- Total parking
- 1
- Features
- Underground
Land
- View
- Lake
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
Condominium
- Fee
- $1,364 / month
- Fee includes
- CAC Included, Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included
- Amenities
- Concierge, Exercise Room, Guest Suites, Indoor Pool, Outdoor Pool, Party Room/Meeting Room
- Pets
- Yes-with Restrictions
Features
- Property
- Clear View, Public Transit, Waterfront
- Interior
- None
Listing
- MLS number
- C13693144
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-08-17
- Expires
- 2026-10-31
- Possession
- 2026-08-17
- Taxes
- $5,354 (2025)
- Board
- Toronto Regional Real Estate Board
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 this street. The listing did not say which direction, and every candidate was in the same place.
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
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.
| School | Level | Distance | Rating |
|---|---|---|---|
| Maple Bear International School Toronto | Secondary | 689 m | Not reported |
| Concordia Ontario Academy | Secondary | 966 m | Not reported |
| Maplebridge International School | Elementary and secondary | 976 m | Not reported |
| Bishop Macdonell Catholic School Toronto CDSB | Elementary | 980 m | / 10 82% met the standard |
| Jean Lumb Public School Toronto DSB | Elementary | 984 m | / 10 73% met the standard |
| Keystone School | Elementary and secondary | 1.3 km | Not 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
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 C1 — 2,423 sales over the last five years.
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 2,650 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35205063 — the few blocks around this address, home to 2,650 people. It describes the area, not this property.
Percentages are of the 2,480 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.
If you rented it out
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 — 7 still in progress.
Site Plan Approval for a 59-storey mixed-use building having a non-residential gross floor area of 330 square metres, and a residential gross floor area of 59422 square metres.…
City planning file →Site plan application for a proposed 57-storey non-residential building.
City planning file →Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower Simcoe into a permanent access for the site.
City planning file →Proposal to construct a 48-storey office tower. The subject site includes 151 Front Street West and 20 York Street.
City planning file →INACTIVE
INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work.…
Revised Zoning By-law amendment to permit a mixed-use development with residential and retail uses. An on-site park of 500 square metres is proposed. A single building having a height of 59 storeys is proposed.…
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.