For Sale

#209 - 228 Queens Quay

$949,000
Toronto C01, Ontario M5J 2X1 · MLS® C12984440 · Updated 1h ago
228 Queens Quay W 209, Toronto, ON M5J 2X1
1 / 50 photos
2
Bedrooms
2
Bathrooms
Sq Ft
1
Parking

About This Home

INVESTMENT OPPORTUNITY, TENANT IN PLACE WITH LEASE TILL JUN 30/2027. An exceptional opportunity to acquire a premium, income-generating waterfront condo in downtown Toronto. Offering over 1,700 sq. ft. (including balcony), this New York-style residence is ideal for investors seeking a turnkey asset with an existing tenant in place-providing immediate cash flow and reduced vacancy risk.This well-maintained unit features a spacious open-concept layout with wall-to-wall windows, nearly 9 ft ceilings, and a large private terrace finished with durable IPE exotic hardwood-an attractive feature for long-term tenant retention. The suite includes 2 generously sized bedrooms and 2 full bathrooms, including a walk-in shower, along with quality upgrades such as Toto Eco UltraMax fixtures.The property also includes a titled P1 parking space and visitor parking, enhancing rental appeal in a high-demand downtown core. Its prime waterfront location-just steps from transit, major employment hubs, and Toronto's top entertainment and lifestyle amenities-ensures consistent tenant demand and strong long-term appreciation potential.Residents benefit from a comprehensive, all-inclusive maintenance fee covering utilities (heat, hydro, water), 24-hour concierge, and premium amenities including a fitness centre, indoor pool, hot tub, party/meeting rooms, outdoor terrace with BBQs, and guest suites. These features support competitive rental positioning and ease of ownership.With proximity to transit options including GO, UP Express, and Union Station, as well as waterfront attractions, trails, and cultural venues, this property offers a compelling combination of location, livability, and investment stability.Secure a high-quality asset in one of Toronto's most desirable rental corridors-schedule your private viewing today.

Property Information

Type
Residential Condo & Other
Style
Condo Apartment
Architectural Style
Apartment
Exposure
South West
Bedrooms
2
Kitchens
1
Parking
1 total · Underground
Cross Street
Queens Quay/Lower Simco
Postal Code
M5J 2X1
Occupancy
Tenant
Possession
Immediate
MLS#
C12984440
Listing Office
Right At Home Realty, Brokerage

Building Details

Construction
Concrete
Heating
Forced Air · Gas
Cooling
Central Air
Basement
None
Fireplace
No
Laundry
In-Suite Laundry, Laundry Chute

Features & Amenities

Interior
Carpet FreeGuest Accommodations

Financials & Fees

Annual Property Tax
$4,110 (2025)
Condo / HOA Fee
$976.76 / month
Fee Includes
Heat Included, Water Included, CAC Included, Building Insurance Included
Association
TSCC
Locker
None

Inclusions & Exclusions

Inclusions

stove, dishwasher (new), washer, dryer, kitchen fridge, microwave oven

Location

Listing courtesy of:Right At Home Realty, Brokerage

Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.

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