85 Queens Wharf Rd #805 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $499,999. It has 600-699 sq ft of living space.
1The spacious open-concept layout seamlessly blends comfort and functionality, while the oversized den provides the flexibility to be used as a second bedroom, home office, or guest space.
Welcome to Suite 805 at 85 Queens Wharf Rd, an exceptional opportunity to live in the highly sought-after Spectra Condos in the heart of Toronto's vibrant waterfront community. This tastefully furnished, sun-filled one-bedroom plus den suite offers approximately 640 square feet of thoughtfully designed living space with breathtaking south-facing lake views that flood the unit with natural light throughout the day. The spacious open-concept layout seamlessly blends comfort and functionality, while the oversized den provides the flexibility to be used as a second bedroom, home office, or guest space. Meticulously maintained and move-in ready, this suite is ideal for professionals, investors, or anyone seeking the ultimate downtown lifestyle. Located just steps from the streetcar, library, banks, grocery stores, restaurants, and everyday conveniences, residents also enjoy immediate access to Toronto's most iconic destinations including the Harbourfront, Rogers Centre, CN Tower, schools, parks, and the Entertainment District. Spectra Condos offers an impressive collection of premium amenities including a state-of-the-art fitness centre, indoor pool, visitor parking, party room, concierge service, and more - delivering the perfect blend of luxury, convenience, and urban living in one of the city's most desirable neighbourhoods
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $833 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 85 Queens Wharf Rd #805
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
85 Queens Wharf Rd #805 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14154430$499,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 85 Queens Wharf Rd #805 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 →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$2,456
/mo
based on the purchase price of $499,999
$100,000 cash
$399,999 financed
$336,904 total interest
Principal54%$399,999
Interest46%$336,904
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.
For homeowners nearby
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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 $500K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5190.6%On average, homes sold at or above asking.
Active listings11,993Homes for sale here right now.
Median vs prior 90 days+0.4%Compared with May 10 – Aug 8, 2026: prices up.
Based on 9,132 sales from Aug 8 – Nov 6, 2026 (7,132 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
9 for sale at 85 Queens Wharf Rd — plus its sale and lease history.
85 Queens Wharf Rd #805 is listed at $499,999 (MLS® C14154430). Summitly updates the price as soon as the MLS® record changes.
Is $499,999 a good price for 85 Queens Wharf Rd #805?
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 85 Queens Wharf Rd #805 changed?
No — 85 Queens Wharf Rd #805 is still listed at its original asking price of $499,999.
How many bedrooms and bathrooms does 85 Queens Wharf Rd #805 have?
85 Queens Wharf Rd #805 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
How much would the monthly mortgage be on 85 Queens Wharf Rd #805?
About $2,456 a month — principal and interest on $499,999 with 20% down ($100,000), 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 85 Queens Wharf Rd #805 compare with other homes in Toronto?
Its asking price of $499,999 is about 41% below the median sold price in Toronto over the last 90 days, $843,500, across 9,132 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 85 Queens Wharf Rd #805 been sold before?
Summitly has no earlier MLS® sale or lease of 85 Queens Wharf Rd #805 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 85 Queens Wharf Rd #805?
85 Queens Wharf Rd #805 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 85 Queens Wharf Rd #805 been on the market?
1 day — 85 Queens Wharf Rd #805 was listed on November 5, 2026.
What is the price per square foot of 85 Queens Wharf Rd #805?
About $715 to $833 per square foot: the asking price of $499,999 over the 600–699 sq ft the listing gives as its size range.
Does 85 Queens Wharf Rd #805 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
Does 85 Queens Wharf Rd #805 have a basement, and is it finished?
The listing says 85 Queens Wharf Rd #805 has no basement.
