Developer Sold Out

88 Queen Condos – Phase 2

Sold Out Feb 2022

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$1,644/sq.ft.

88 Queen Condos – Phase 2 Price History

$1,644/sq.ft.
***** *****
since launch
as of November 29, 2024

1 Bed

Sold Out $1,656/ft Last Price・Feb 2022  +$338  (+25.6%) Since Launch

1 Bed + Den

Sold Out $1,660/ft Last Price・Feb 2022  +$460  (+38.3%) Since Launch

2 Bed

Sold Out $1,492/ft Last Price・Feb 2022  +$231  (+18.3%) Since Launch

3 Bed

Sold Out $1,705/ft Last Price・Feb 2022  +$446  (+35.4%) Since Launch

88 Queen Condos – Phase 2 is a new condominium development by St. Thomas Developments Inc. currently under construction located at 88 Queen Street East, Toronto in the Downtown Core neighbourhood with a 97/100 walk score and a 100/100 transit score. 88 Queen Condos – Phase 2 is designed by Hariri Pontarini Architects & Turner Fleischer Architects and will feature interior design by Figure3. Development is scheduled to be completed in 2024. The project is 52 storeys tall (167.35m, 549ft) and has a total of 587 suites ranging from 514 sq.ft to 2125 sq.ft. 88 Queen Condos – Phase 2 is the #1671 tallest condominium in Toronto and the #37 tallest condominium in Downtown Core.

Neighbourhoods

Downtown Core
55 Total Projects
Neighbourhood in Toronto

Sales Status

View on Map
Actively Selling
5
Actively Selling
Launching Soon
0
Launching Soon
Registration Phase
9
Registration Phase
Sold Out
6
Sold Out
Resale
35
Resale

About Downtown Core

Toronto’s Downtown Core: A Thriving Urban Oasis with a Blend of Modern Luxury and Historic Charm

Toronto’s downtown core, is known for its towering skyscrapers, bustling streets, and vibrant cultural scene, the downtown core is a preferred destination for locals and investors alike. Here’s a comprehensive look at what makes Toronto’s downtown core a coveted neighborhood:

Why People Love the Downtown Core:

  • Cultural and Economic Hub: Encompassing influential institutions like Queen’s Park and the University of Toronto’s downtown campus, the area is a melting pot of culture, education, and healthcare facilities.
  • Vibrant Culinary Scene: The downtown core boasts an array of dining options along Yonge Street including popular spots like Lao Lao Bar, Okonomi House, Bar Volo, and Eataly, catering to diverse culinary preferences.
  • High Return on Investment (ROI): Recognized for yielding the best ROI for condo investments, the downtown core’s properties are highly sought-after, especially those close to key intersections and subway lines like the Yonge-University line​​.

Local Amenities and Real Estate Highlights:

  • Unmatched Connectivity: Known as the most connected community in Toronto, the downtown core offers swift access to underground transit, making it ideal for those who prefer a car-free lifestyle.
  • Luxurious Real Estate Market: The area is dotted with beautifully crafted condos and luxury buildings, especially around key intersections like Bay and Adelaide, and Yorkville, offering premium living experiences.
  • Booming Condo Market: Condominium units in the downtown core fetch prices 22-23% higher than the city-wide average, making it a lucrative spot for investors and homebuyers​​.

Real Estate Dynamics:

  • Seller’s Market: The Toronto housing market, especially the downtown core, is expected to favor sellers, characterized by a persistent supply shortage and rising prices. The average property prices in the downtown core are cheaper ($920,661) than north of the 401 ($1,153,280), making it a relatively more affordable option considering its prime location​​.
  • Luxury Market Trends: While the luxury market is smaller, it remains a strong investment in Toronto’s economic powerhouse. High-end units in the downtown core, particularly around Bay and Adelaide, are in constant demand.
  • Rising Rental Prices: Despite the high cost of living, the downtown core continues to attract renters.

Toronto’s downtown core is the lifeblood of the city’s culture, economy, and urban lifestyle. Its blend of connectivity, rich cultural tapestry, and dynamic real estate market make it one of the most desirable locations in Toronto. Whether you’re a professional seeking a cosmopolitan lifestyle, a student attending the city’s top institutions, or an investor eyeing lucrative opportunities, the downtown core offers a life full of vibrancy, convenience, and luxury.

Development team

  • Developer
  • Architect
  • Interior Designer
  • Sales Company
Actively Selling
0
Actively Selling
Launching Soon
0
Launching Soon
Registration Phase
0
Registration Phase
Sold Out
1
Sold Out
Resale
1
Resale
Cancelled
0
Cancelled

Activity

Launch Price/ft
*****
Last Recorded Price/ft
$1,644 /ft
Change from Launch
*****
1 Bed Price
$1,656/ft
1 Bed + Den Price
$1,660/ft
2 Bed Price
$1,492/ft
3 Bed Price
$1,705/ft
1 Bed Change from Launch
*****
1 Bed + Den Change from Launch
*****
2 Bed Change from Launch
*****
3 Bed Change from Launch
*****

$1,644/sq.ft.

88 Queen Condos – Phase 2,

Insights

Nearby Building Heights BETA

Clearance levels for surrounding buildings

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88 Queen Condos – Phase 2 Activity

All
Floor Plan Sold Out
Sales Status
January 05, 2024 9:41pm Sales Status changed to Developer Sold Out
January 05, 2024 5:10am Floor Plan Sold Out
PH1 (2125sqft)
Price: $3,170,000
January 05, 2024 5:10am Floor Plan Sold Out
E2 (791sqft)
Price: $1,265,000
January 05, 2024 5:10am Floor Plan Sold Out
E1 (767sqft)
Price: $1,389,000
January 05, 2024 5:10am Floor Plan Sold Out
B4 (676sqft)
Price: $1,122,000
January 05, 2024 5:10am Floor Plan Sold Out
A2 (518sqft)
Price: $858,000

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Activity