Harbour Terrace condo building exterior
Low-Rise Condo

Harbour Terrace

by Miletus Incorporated

401 Queens Quay W, Toronto, ON M5V 1A2

Year Built

1989

Total Units

79

Avg $/sqft

$914

Storeys

7

Available Units in Harbour Terrace

0

Units for sale

0

Units for rent

Live MLS · Updated daily

Overview

Located at 401 Queens Quay W in The Waterfront neighbourhood, this 7-storey condominium offers residents a prime piece of lakeside real estate. Harbour Terrace sits directly against the shore, so you would be hard pressed to find a closer waterfront location without living on a boat.

The building offers a relaxing array of amenities perfectly suited for a lakefront condominium — indoor pool, sauna, gym, party room, rooftop deck with garden, and parking garage.

Harbour Terrace is an exclusive building, and Toronto condos for sale here are an ideal choice for professionals or empty nesters who are looking for a unique lakefront residence, minutes from Toronto’s best attractions.

Developer

Miletus Incorporated

Year Built

1989

Property Type

Low-Rise Condo

Storeys

7

Total Units

79

Management

Crossbridge Condominium Services Ltd.

Amenities

Underground Parking

Indoor Pool

Fitness Centre

Sauna

Rooftop Garden

Visitor Parking

Party Room

24/7 Concierge

Price History

11 records
Loading history…

Market Stats

Prices in Harbour Terrace are up 40.2% compared to last year.

$914

Avg $/sqft

+40.2%

YoY change

31

Avg days on market

Location & Walkability

Walk Score

89/100

Daily errands on foot

Transit Score

100/100

TTC, GO, subway access

Bike Score

75/100

Bike lanes & infrastructure

Neighbourhood in Toronto

The Waterfront

active family-friendly social urban

The Waterfront is a vibrant neighbourhood in Toronto. It offers a mix of parks, restaurants, and schools.

At a glance

What it costsAffordability

Median asking price

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

On the marketMarket snapshot

For sale

0

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Great selection of restaurants and cafes
  • Many parks for outdoor activities
  • Good schools for families
  • Strong public transit options

Keep in mind

  • No homes currently for sale or rent
  • Prices may be high compared to other areas

The feel of the placeLifestyle

Daily life here is active and social, with many dining and leisure options. The area is family-friendly and caters to various lifestyles.

Great for families food lovers active individuals

The areaWhat's nearby

Not enough verified data yet. We count schools, parks, transit and shops inside The Waterfront's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.

The peopleWho lives here

1,549

Population (2021)

0.0 km²

Area

42,092

People per km²

38.4

Median age

$95,000

Median income

52%

Own their home

1.6

People per household

980

Households

Every age

  • Children (under 15)4.8%
  • Working age (15–64)82.3%
  • Seniors (65+)12.9%

What is built here

  • High-rise apartments100%

Own or rent

52%Owners

48%Renters

Across 980 households

When it was built

Mostly 1981–1990

  • 1960 or earlier2%
  • 1961–19808%
  • 1981–199037%
  • 1991–200014%
  • 2001–200532%
  • 2006–20105%
  • 2011–20152%
  • 2016–20212%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

42.9%
Born outside Canada
65%
Hold a degree or higher
70.2%
Employment rate
24.3%
Commute by transit
25.7%
Commute by car
1.3
Children per family
$79,500
Median income after tax
$117,400
Average household income
9%
Living on a low income
$2,160/mo
Renters pay, per month
$1,570/mo
Owners pay, per month
$650,000
Median home value at census
51.1%
Renters spending 30%+ of income on housing
30.7%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, © OpenStreetMap contributors (ODbL)