#209 228 Queens Quay - Photo 1
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Condo ApartmentActive

#209 228 Queens Quay

Toronto C01, ON M5J 2X1

$949,000

+ $976.76/mo maintenance

2

Bedrooms

2

Bathrooms

1

Kitchens

900-999

Sqft

1

Parking

About This Property

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 Details

MLS® NumberC12984440
Property TypeCondo Apartment
StatusActive
TransactionFor Sale
BalconyTerrace
ExposureSouth West
GarageUnderground
LockerNone
Heat SourceGas
Heat TypeForced Air
CoolingCentral Air
Cross StreetQueens Quay/Lower Simco
Annual Tax$4,110
Tax Year2025
Last UpdatedApril 28, 2026

Interior Features

Carpet FreeGuest Accommodations

Maintenance Fee Includes

Heat IncludedWater IncludedCAC IncludedBuilding Insurance Included
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data provided by Toronto Regional Real Estate Board (TRREB). Not intended to solicit clients already under contract.

$949,000

+ $976.76/mo maintenance

Listed by: Right At Home Realty, Brokerage

Listing Info

MLS® #C12984440
CityToronto C01
Postal CodeM5J 2X1
UpdatedApril 28, 2026
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