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88 Queen

88 Queen St E, Toronto, Ontario

$628000

Listing TypeCondominium

Square Footage676 Sq. Ft.

Beds1 Bed+Den

Baths2

ExposureNorth

Floor RangeTBD

Showing AllowedYes

Downtown high rise with completed infrastructure

88 Queen is a 51 storey condo by St. Thomas Developments in the Church St Corridor, a short walk to Queen subway, the Eaton Centre and the Financial District. The building is fully constructed and registered, so you are buying into a finished tower with real resale and lease data, not a distant pre construction timeline. For investors, that makes it easier to underwrite using current downtown numbers.

Functional 1+den plan for flexible use

  • Approx. 676 sq ft, 1 bedroom plus den, 2 full bathrooms
  • North facing exposure, no balcony for a more efficient, easy to furnish floor plate
  • Den works as a proper home office, guest zone or compact second sleeping area
  • Second bathroom adds privacy for sharers, couples or frequent visitors
  • Typical 1+den, 2 bath format that appeals to professionals and students who value flexibility and separation of space

Amenities that support long term rental appeal

  • Concierge, fitness centre and party room expected in a downtown tower
  • Outdoor pool and shared terraces that photograph well for listings
  • Amenity package broad enough to attract tenants without pushing fees into an outlier range
  • Fee profile in line with other full amenity core buildings, which helps net rent math stay realistic

Location and demand drivers

88 Queen sits just east of Yonge and Queen, steps to the Queen streetcar and a short walk to Queen subway. Toronto Metropolitan University, George Brown, major office towers, hospitals and the Eaton Centre are all within easy reach, with quick access to the Gardiner via Lower Sherbourne for drivers. That mix of employment, education and transit supports a wide tenant pool today and solid resale options down the line.

Assignment angle and rental context

As an assignment, a buyer steps into an existing purchase agreement that may reflect earlier pricing, with deposits already paid and capped development levies subject to the APS. Combined with recent 1+den, 2 bath rents in the building, this structure can help manage total cash required to assume the contract and model closing costs more accurately than a brand new launch.

Financials

Listing Price$628000

Original Price$797000

Occupancy

Parking & Locker

ParkingNo

LockerNo

Location

Walkscore

    7

Original Agreement of Purchase & Sale

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        Toronto, ON M5V 1G1

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