For Sale: 209-228 Queens Quay W, Toronto, ON - REW
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$949,000
2 bd 2 ba 900 - 998 sf Apt/Condo

209 - 228 Queens Quay WToronto, ON, M5J 2X1

Waterfront Communities West
  • 2 Bed
  • 2 Bath
  • 900 - 998 Sqft
  • Apt/Condo

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. (id:63626)
Listed by: GEORGE DLUGOSH, Broker, Right At Home Realty

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,110
Strata Maintenance Fees
$977 Monthly
Home facts
Bedrooms
2
Full Bathrooms
2
Parking Spaces
1
Parking Details
Underground, Garage
Property Type
Apt/Condo
Title
Condo/Strata
Exterior Finish
Concrete
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Features
Carpet Free, In suite Laundry
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Stove, Washer
Community
Agent details
Primary Agent
Primary Broker
Right At Home Realty
Listing details
Days on REW
59 Days
Property Views
13
MLS® Number
C12984440
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

City School
  • Public
  • 9 - 12
The Waterfront School
  • Public
  • JK - 8
Newton International College
  • Private
  • 9 - 12
Downtown Alternative School
  • Public
  • JK - 6
St Michael Catholic School
  • Catholic
  • JK - 8
Ogden Junior Public School
  • Public
  • JK - 6
Discovering Minds Montessori Preschool I
  • Private
  • Pre-K - K
St Michael's Choir Junior School
  • Catholic
  • 1 - 8
Youthdale Schools
  • Private
  • 1 - 12
St Michael's Choir Senior School
  • Catholic
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.