1285 Queen St E #501 is a 2-bedroom, 2-bathroom condo in Toronto, listed for $609,900. It has 700-799 sq ft of living space.
1Welcome to **THE POET** a RARE opportunity to own a brand-new condo in the heart of Leslieville.
2This beautifully designed 2 bdrm, 2 bath home offers over 700sqft of living space plus a private SOUTH facing balcony. *Open concept living flooded w/ natural light plus many builder upgrades.
3Surrounded by Leslieville's vibrant cafes, restaurants, parks and local shops.
Welcome to **THE POET** a RARE opportunity to own a brand-new condo in the heart of Leslieville. This beautifully designed 2 bdrm, 2 bath home offers over 700sqft of living space plus a private SOUTH facing balcony. *Open concept living flooded w/ natural light plus many builder upgrades. The designer kitchen is equipped with integrated appliances including a **Fulgor Milano** Integrated fridge, cooktop & built-in oven, built-in microwave, upgraded quartz countertop & backsplash, soft-close cabinetry with valance lighting and wide-plank flooring throughout. Upgraded bathrooms with modern tile finishes. Two 4-pc baths, including one with a frameless glass shower and overhead rain shower. Residents enjoy a private fitness studio, rooftop terrace and stylish party lounge. TTC Queen streetcar is at your doorstep with easy access to the DVP & Gardiner. Surrounded by Leslieville's vibrant cafes, restaurants, parks and local shops. A PERFECT opportunity for first-time buyers, up sizers looking to own in one of Toronto's most desirable neighbourhoods. **Parking available for purchase
2 bedrooms, 2 bathrooms, about 700 sq ft, works out to roughly $871 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1285 Queen St E #501
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
700-799 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1285 Queen St E #501 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13886716$609,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1285 Queen St E #501 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,996
/mo
based on the purchase price of $609,900
$121,980 cash
$487,920 financed
$410,957 total interest
Principal54%$487,920
Interest46%$410,957
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $610K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4872.5%On average, homes sold at or above asking.
Active listings12,070Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 15 – Jul 14, 2026: prices up.
Based on 9,741 sales from Jul 14 – Oct 12, 2026 (6,558 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
6 for sale · 2 for rent at 1285 Queen St E — plus its sale and lease history.
1285 Queen St E #501 is listed at $609,900 (MLS® E13886716). Summitly updates the price as soon as the MLS® record changes.
Is $609,900 a good price for 1285 Queen St E #501?
Summitly rates it Good Deal: the asking price is 3% to 10% below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1285 Queen St E #501 changed?
No — 1285 Queen St E #501 is still listed at its original asking price of $609,900.
How many bedrooms and bathrooms does 1285 Queen St E #501 have?
1285 Queen St E #501 has 2 bedrooms and 2 bathrooms, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 1285 Queen St E #501 close to transit?
The nearest rapid-transit station is Donlands Station (Line 2), about 2.1 km in a straight line. Greenwood Station is about 2.1 km, and Pape Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1285 Queen St E #501?
About $2,996 a month — principal and interest on $609,900 with 20% down ($121,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1285 Queen St E #501 compare with other homes in Toronto?
Its asking price of $609,900 is about 28% below the median sold price in Toronto over the last 90 days, $849,000, across 9,741 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1285 Queen St E #501 been sold before?
Summitly has no earlier MLS® sale or lease of 1285 Queen St E #501 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1285 Queen St E #501?
1285 Queen St E #501 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1285 Queen St E #501 been on the market?
1285 Queen St E #501 was listed today (October 12, 2026).
What is the price per square foot of 1285 Queen St E #501?
About $763 to $871 per square foot: the asking price of $609,900 over the 700–799 sq ft the listing gives as its size range.
Does 1285 Queen St E #501 have parking or a garage?
