Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of The Beaches. Expertly crafted featuring premium stucco (plaster) and brick construction, this residence presents an exceptional opportunity offered at $1,579,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
SOPHISTICATED, DESIGN-DRIVEN PENTHOUSE LOFT WITH EXPANSIVE TERRACES FOR THOSE SEEKING SPACE, QUIET & CITY BALANCE! A rare penthouse loft in the heart of Toronto's Beaches, PH304 blends striking design, effortless living, and an outdoor lifestyle in one of Toronto's most connected and outdoor-oriented neighbourhoods. Set within an award-winning boutique, hard loft conversion by Streetcar Developments, this one-of-twelve residence offers nearly 1,500 square feet of light-filled interior space plus over 500 square feet of private terrace space designed for entertaining, working, relaxing, and summer nights under the stars. Recently redesigned with a refined modern aesthetic, the loft balances warmth, function, and architectural impact. Soaring 22-foot ceilings, skylights, floor-to-ceiling windows, and tilt-and-turn patio doors flood the home with soft natural light throughout the day.The custom kitchen was built for serious cooking and casual gathering alike, featuring a 5-burner gas cooktop, oversized integrated sink, restaurant-grade work surfaces, and extensive open and concealed storage. Integrated millwork continues into a built-in coffee station and bar, creating a seamless backdrop for hosting.The open-concept living and dining areas center around a gas fireplace and connect directly to the north terrace, an extension of the living space. Outdoor space that feels equally suited to quiet mornings or evenings with friends.The flexible main-floor bedroom functions beautifully as a guest suite, creative studio, or dedicated work-from-home space, complete with built-ins, skylight, and private ensuite. Upstairs, the primary retreat offers a walk-in closet, spa-inspired 5-piece ensuite, and direct access to a private rooftop terrace. With owned parking and storage, boutique-scale living, and the freedom of a true lock-up-and-go lifestyle, PH304 offers a rare opportunity to experience loft living just moments from the lake, boardwalk, parks, cafes, and Queen East.
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Data-driven valuation for 1852 Queen Street E 304, Toronto E02, ON M4L 1H1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,579,000 in Toronto, the legal minimum down payment is $315,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,055 also applies, bringing the total estimated land transfer taxes to $56,110.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.