The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Spread over 987 thoughtfully laid out square feet of space on the top floor of 1797 Queen Street East, Suite 404 is exactly what you have been waiting for. The space is warm and bright, highlighted by exposure on two sides with large windows that let all the light in. A gas fireplace anchors the living space giving you a chance to warm up after polar bear dips in the lake, which is just an 8 minute walk away. Each room of #404 has been beautifully updated with modern and inviting finishes, from the new floors, to the fresh countertops and appliances, culminating in the beautifully renewed washrooms. The building itself has a great community and with only 48 units, you could probably learn the name of every neighbour if you wished. Location is always a huge factor in every home search and this condo is in the perfect location with the lake at the bottom of your street and the Beach neighbourhood as well as the bustling shops of Queen Street at your doorstep. Groceries? A block away at Brunos! Need coffee? Across the street! Pilates, Yoga, Gym? All within two blocks! Need to commute to the office? You have the Lake Shore around the corner for a quick drive in and you have Queen Streetcars in front of the building. It's all here and it's completely ready for you to move-in right away. Parking and locker included. There's also plenty of visitor parking within the building. Come have a look for yourself!
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,972/mo
Mortgage (principal + interest)$3,554
Property taxFrom listing: $4,051/yr$338
Condo feesFrom listing$1,081
Minimum $69,990 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$189,980
Ontario land transfer taxProvincial brackets, no first-time refund$15,473
Toronto land transfer taxMunicipal brackets, no first-time refund$15,473
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$223,726
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
