outside view
living area open concept
living room
kitchen
kitchen
terrace balcony
terrace
terrace
terrace
terrace
terrace
kitchen view
eating area
eating area
primary bedroom
bathroom
bathroom
second bedroom used as office
bedroom 2
bedroom 2
bathroom
bathroom
insuite laundry
entry foyer
hallway
building waiting area
building waiting area
building waiting area
building waiting area
concierge area
hallway
building 228
building entry
CN tower views
entrance
228 Queens Quay Unit 209 photo 36
terrace
walkout from bedroom
hot tub area near pol
2nd floor bbq area
228 Queens Quay Unit 209 photo 41
boardwalk area
marina
view from unit
view from unit
meeting area on same level
indoor gym
indoor gymind
indoor pool area
floor plan

228 Queens Quay Unit 209

Waterfront Communities C1 / Toronto C01, ON M5J 2X1

ActiveFor Sale
2 Beds
2 Baths
900 Sq Ft
Condo

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

StatusActive
Property TypeCondo
Listing TypeFor Sale
Interior Size900 sq ft
Bedrooms2
Bathrooms2
LockerNone
BalconyTerrace
ExposureSouth West
Postal CodeM5J 2X1
Last UpdatedAug 8, 2026 · 9:55 p.m.

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Features & Amenities

  • View
  • Balcony
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12984440

Listed by Right At Home Realty, Brokerage

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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$949,000

asking price

MLS®C12984440
TypeCondo
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,634

/month · $759,200 mortgage

Down Payment20% — $189,800
Interest Rate5.5%

Amortization

Total Interest

$631,028

Total Cost

$1,390,228

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

Right At Home Realty, Brokerage