Queens Park Place is an 18-storey high-rise condominium containing 101 units, developed by Greenwin Construction Company and completed in 1981. As a purpose-built residential tower, it represents the era of mid-rise intensification along the Bay Street Corridor. The building's scale and tenure have made it a stable presence in the neighbourhood for over four decades. Current listings show units averaging around 1,500 square feet with 3.5 bedrooms, indicating a mix of family-sized and larger configurations. The maintenance fees are notably low at approximately $1 per month, which is exceptionally uncommon for a building of this age and size, reflecting either exceptional cost management or a unique fee structure worth clarifying with a real estate agent before purchase.

Queens Park Place occupies a prime location in the Bay Street Corridor, directly adjacent to Queens Park and within walking distance of the University of Toronto campus. The neighbourhood blends institutional, commercial, and residential uses, creating a dynamic but grounded community. Bay Street itself connects to Toronto's financial district to the south and transitions to cultural institutions and university buildings to the north. Transit access is exceptional, with multiple streetcar and bus routes serving the area, plus proximity to subway stations. The surrounding streets feature heritage homes, university facilities, and modern commercial buildings. Restaurants, cafes, bookstores, and shops are within a short walk, and the park itself provides green space and recreational amenities. This location appeals to professionals, students, and anyone seeking urban living with character and easy access to downtown.

Queens Park Place offers units that typically run around 1,500 square feet with an average of 3.5 bedrooms, suggesting good space for families or those needing home offices. Before purchasing or renting, it's worth understanding the building's pet policy, specific amenity offerings, and any planned capital improvements despite the remarkably low maintenance fees. As a 1981 building, ask about recent renovations to common areas, parking availability and costs, and whether suites have been updated or retain original systems. The current market shows listings in the $1.0M to $1.1M range, but values in this neighbourhood depend heavily on unit condition, view, and size. Consider the building's age when evaluating systems like plumbing, electrical, and HVAC. Request the most recent Reserve Fund Study to understand the building's long-term financial health. The location's appeal to students, professionals, and families means your resale audience will be broad, but condition and layout will determine competitiveness.