Search Homes/Townhomes 88 Queen Condos

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88 Queen Condos

By St. Thomas Developments Inc.

88 Queen Street East Toronto Ontario

Selling From

Feb 2020

Occupancy

from $742,000 to over $1,570,000

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Average Income

$55,168

Population Age

35 y/old

School Score

6.00/10

Price Index Change 1y

+9.03%

Price Index Change 3y

+47.01%

Rent Index Change 1y

+1.79%

Rent Index Change 3y

+23.85%

88 Queen Condos

88 Queen Condos is on sale since Feb 12, 2020.

Follow this project for the time-sensitive updates on prices, floor plans, new allocations and assignments.

Selling From:	Feb 12, 2020
First Occupancy:	Winter/Spring 2024
Suites Price Range	from $742,000 to over $1,570,000
Suites Size Range	514 - 1095 sq ft
Price PSF From	$1384 per SqFt
Storeys:	51
Units:	569
Parking Details:	$100,000.00
Locker Details:	$8,000.00
Maintenance Fee:	$0.64 Per SqFt per Month
Floor Plans	12
Ceiling Heights	8'-6"-10'
Development Levies	1 Bedroom & 1 Bedroom Plus Den - $12,000 HST 2 Bedroom and Larger - $16,000 HST
Assignment	Free Assignment(Value $5,000) Plus Lawyer Fees($500)
Property Tax	1% of the price / year
Deposit Total, pct:	20%
Deposit Structure:	$10,000 Bank Draft With Agreement Balance To 5% In 30 Days, 5% In 60 Days, 5% In 180 Days, 5% In 480 Days, 5% On Occupancy International Deposit Structure 10,000 Bank Draft With Agreement Balance To 5% In 30 Days, 10% In 60 Days, 10% In 180 Days, 5% In 365 Days, 5% On Occupancy
Amenities	Gym, Guest Suites, Indoor Lounge and Dining Room, Movie Theatre, Co-Working Space, Conservatory, Aerial Yoga Area, Jacuzzi Tub, Fully Equipped Kitchen and Party Room, Outdoor Infinity Pool with Cabanas, Outdoor Terrace with Fireplace and BBQs
Last Updated:	2021-02-19

88 Queen Condos Overview

Resting on an impressive bronze podium, soaring into the heavens, 88 Queen is a vision in white. Melding with the clouds and light, its iconic lattice of white aluminum and fritted glass and deep vertical fins make a stunning statement. Animating the skyline. Enlivening the streetscape. An expression of perfection. Letting the sky in. Keeping the world out. Innovative design that reimagines life in a thriving city.

Source: 88 Queen

88 Queen Condos Project Details

LOCATION & NEIGHBOURHOOD

88 Queen Condos have excellent connectivity due to its nearness

to subway stations, LRT stations on Queen St E and Gardiner Expy.

On Queen St E, which is a minute’s walk from the condos, you will

find many light rail and bus stops. These help commuters to access

areas within downtown Toronto and also the nearby regions.

Gardiner Expy lies south of the condos and Don Valley Pkwy to the

east. A few minutes’ travels is all it takes to reach these highways

whether you are driving or using public transport. Queen subway

station is also a few minutes away from 88 Queen Condos. It is a

station on Line 1 Yonge-University and is located under Yonge St

north from Queen St to Shuter St. The varied transportation

options and nearness to light rail stops, subway stations and

highways is what makes 88 Queen East Condos highly attractive

and most convenient.

Restaurants, cafés, and bars of great variety are found here. The

nearby shopping malls and stores, including the CT Toronto Eaton

Centre, First Canadian Place, and Cadillac Fairview make shopping

an experience. Home to Ryerson University and the University of

Toronto-St. George Campus , the neighborhood also has numerous

schools, including schools for learning art, music, dancing,

business, and management. All amenities are available to 88

Queen Condo residents within the neighborhood!

WHY 88 QUEEN CONDOS?

 Just Outside The Doors of 88 Queen Condos – George Brown

College, Ryerson University, The University of Toronto, Baptist

Seminary & Bible School, The Toronto Eaton Centre: home to 235

stores and services, Dundas Square Massey Hall, St. Lawrence

Market, Loblaws & LCBO, Cactus ClubCafé, First Canadian Place,

Residents will never be too far from anything they need!

 Transit Options – This area is heavily serviced by the TTC which is

why the transit score is 100/100. 88 Queen St East Condos is a 4-

minute walk to the Queen Subway Station which connects the

neighborhood to the GTA. Alternatively, nearby Dundas and

Queen streetcars run 24 hours a day, seven days a week. The

Gardener Expressway and the Don Valley Parkway are both easily

accessible for driving in and out of the city.

 College & University Students – 88 Queen Condos couldn’t be more

ideal for post-secondary school students. Ryerson University, U of

T and George Brown College Students can walk, take transit or

drive to school in under 30 minutes.

88 Queen Condos Project Features

General
• Ceiling heights are approximately 8 ’6” from floors 8 to 46 (legal levels 8 - 41); Approximately 9 feet on floors 47 to 56 (legal levels 42-50); Approximately 10 feet on floors 7 and PH (legal levels 7, 51 - 52). Dropped ceiling and bulkheads required where applicable as per plan
• Solid core door with security view hole
• Smooth finished ceilings
• Painted (white) baseboards, door frames and casings
• TV / Telephone outlets in principal rooms
• Smoke alarms and water sprinkler system
• Personal encoded suite intrusion alarm system with door contacts at front entry door keypad, connected to 24-hour concierge
• In-suite controlled 2 pipe heat pumps including an ERV/HRV, central air-conditioning and heating system
• Washer and dryer, as per plan

Kitchens
• Kitchen cabinetry, colours to be selected from builder’s standard samples
• Porcelain counter tops and backsplash from builder’s standard samples
• Single undermount sink with faucet
• Integrated refrigerator, exhaust fan and dishwasher
• Built-in stainless-steel microwave, oven and cook top
• Under cabinet lights

Bathrooms
• Bathroom cabinetry, colours to be selected from builder’s standard samples
• Custom vanity countertop/sink from builder’s standard samples
• Choice of porcelain flooring, from builder’s standard samples
• Sink with faucet
• Bathtub with faucet, as per plan
• Glass shower stall with faucet and fixtures, as per plan
• Accessory package including towel bar and toilet paper holder, where applicable

Living, Dining, Den, Bedrooms (as per plan)
• Choice of vinyl flooring, colours to be selected from builder’s standard samples
• One capped ceiling outlet in dining room or above kitchen island, where applicable

Laundry Room
• Vinyl flooring or porcelain tiles as per plan, where applicable

This developer works closely with St. Thomas Developments and Lee Development, collectively they call themselves The Group. They are a proud Canadian real estate collaborative, and they have been working in the Greater Toronto Area since 1988. They have successfully spread their influence beyond our nation’s borders to become an influential international presence. They recognize that Toronto is their homebase, however, and are continuing to define the Toronto skyline as well as the very nature of the condominium market itself.

The Group has created a multitude of developments throughout the world that spans the entire real estate market. They’ve created residential, hotel, and commercial buildings, and have also built eight residential condominium projects throughout the GTA.

The Group has spread its influence across oceans and has developed multiple projects throughout the world. One area of particular interest is Hong Kong as they have created some stunning structures in that region. The crown jewel in Hong Kong is their luxury residential development at 110 Repulse Bay. This development has brought resort type living to the Hong Kong region and provided water front property so residents can enjoy a landscape where the ocean meets the iconic green hills of the island of Hong Kong.

Their most exciting project on the go is their 7 St. Thomas project in the Bloor and Yorkville region of Toronto. This building obviously carries the name of their developer, so you know that they’re taking this project seriously.

It blends the existing Victorian era mansion on the property with modern architecture that was designed by Hariri Pontarini Architects who have been heavily adorned with awards from the real estate and architecture community. They have been honored throughout the world and their accolades come from such prestigious institutions as the Royal Architectural Institute of Canada, Bahá’í Temple of South America, Chicago Athenaeum, and the Richard Ivey Building/Richard Ivey School of Business.

Their appointment of one of the most preeminent architects in Canada makes it clear that The Group places priority in magnificent building design, and it shows. The building takes the facade of the existing Victorian home and adds a shimmering glass and steel structure on top of it.

This development is also changing the culture of condos in Toronto, as it is offering space for office condominiums. This developer’s experience in the international market has shown them that this phenomenon is popular throughout Asia and Europe, but hasn’t quite caught on in Toronto, but that doesn’t mean there isn’t space for it. They recognize that it is a niche market, but customers praise it as the obvious next step in the market. With office rentals, you’re simply paying rent on your unit, which obviously means that you’re not investing in your own value. With office condos you’re investing into your own equity, which will bolster your company’s value.

This developer has already designed some of the highest quality structures throughout the GTA, and now they’re taking ideas they’ve learned from the international market and applying them to Canada. They are sure to continue to build on Toronto’s skyline, as well as the very nature of the real estate market itself.

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2021-02-19 Project Update

88 Queen | 6% Commission on All 2 and 3 Bedroom Suites | Steps to Yonge and Queen by St. Thomas Developments Inc.

Find more details about 88 Queen | 6% Commission on All 2 and 3 Bedroom Suites | Steps to Yonge and Queen by St. Thomas Developments Inc. at our Preconstruction/HOTLNE project updates list.

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Yuriy Setko

Real Estate Broker

Right At Home Realty Investments Group Brokerage

895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

English Russian Ukranian

Travel Times

30 min

Commute

Walking Driving Transit Cycling

0 min 60 min

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Walkscore

Streetview

Get your free detailed report for 88 Queen Street East Toronto Ontario

Review detailed information about nearby schools, parks, transit, safety and convenience.

Schools

Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

School	Type • Program • Language	Rating	Avg Income	Home Price Index
Lord Dufferin Junior and Senior Public School (Grades JK-08) 350 Parliament St, Toronto, ON M5A 2Z7, Canada	Public • Intermediate • English	Good	$54,209	$714,155
Jarvis Collegiate Institute (Grades 09-12) 495 Jarvis St, Toronto, ON M4Y 2G8, Canada	Public • Secondary • English	Average	$78,164	$933,515

Click on schools in the table above to display school boundaries on the map.

Neighborhood School Ratings

	Fraser Institute	EQAO
Lowest	3.50 / 10	56 / 100
Highest	6.30 / 10	64 / 100
Average	4.9 / 10	60 / 100

The following EQAO Ratings were used:
• Elementary Schools:
Grade 6 Reading, Writing and Mathematics
• Secondary Schools:
Grade 9 Academic Mathematics

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88 Queen Condos Price Index vs Rent Index Chart

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Home Price Index of &(home_price_idx) and &(home_rent_idx) Rent Index are based on known 12 months sales history in &(community), where 88 Queen Condos will be built.
The Home Price Index in this neighborhood is slightly below the average among &(projects_tolal) projects. And the Home Rent Index is slightly above the average.

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88 Queen Condos Home Appreciation vs Rent Growth 1y Chart

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Home Appreciation of &(year_price_growth) and &(year_rent_growth) Rent change are based on known 24 months sales history in &(community), where 88 Queen Condos will be built.
Both, the Home Price Index and Rent Index in this neighborhood are above the average among &(projects_tolal) projects.

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88 Queen Condos Home Appreciation vs Rent Growth 3y Chart

Home Appreciation vs Rent Growth 3y Explained

Price Appreciation of &(year_price_growth) and &(year_rent_growth) Rent change are based on known 4 years sales history in &(community), where 88 Queen Condos will be built.
The Home Price Appreciation in this neighborhood is the top 25% among &(projects_tolal) projects. And the Rent Demand is slightly above the average.

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Walkscore vs Transitscore Chart

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