$949,000
 $5,094 est/mo Sourced by Back At You

228 Queens Quay W 209,Toronto C01, ON M5J 2X1

Toronto C01, ON M5J 2X1

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Description

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.

Details

MLS #C12984440
Listing TypeFor Sale
StyleCondominium
HOA Dues$976
Sub-TypeResale
StatusNew
Year0
Days On Site132
Listing Provided ByRight At Home Realty, Brokerage | C12984440 540200

Features

Bed(s)2
Bath(s)2
Garage1

Interior

Interior FeaturesCarpet Free, Guest Accommodations
CoolingCentral Air
Heat SourceGas
Fireplace Yes / NoNo
Laundry FeaturesIn-Suite Laundry, Laundry Chute

Exterior

Construction MaterialsConcrete

Parking

Garage Yes / NoYes

Taxes

Tax Annual Amount4110
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto C01
Postal CodeM5J 2X1
AreaWaterfront Communities C1
Listing VS Median (in M5J 2X1)
Price:
$949,000
low | high
Med:
$91,944
100% of Average
On site:
132
low | high
Med:
113
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CountyToronto
CityToronto C01
Postal CodeM5J 2X1
AreaWaterfront Communities C1
Listing VS Median (in M5J 2X1)
Price:
$949,000
low | high
Med:
$91,944
100% of Average
On site:
132
low | high
Med:
113
100% of Average
Sourced by Back At You
Listing Updated: August 19, 2026 at 5:26:52 PM PDT