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$ 949,000
Est. payment /mo
Active
228 Queens Quay W #209 Toronto C01, ON M5J 2X1
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Apartment
Sub Type Condo Apartment
Listing Status Active
Purchase Type For Sale
Approx. Sqft 900-999
Municipality Toronto C01
Subdivision Waterfront Communities C1
MLS Listing ID C12984440
Style Apartment
Bedrooms 2
Maintenance Fees $976
Annual Tax Amount $4,110
Tax Year 2025
Property Sub-Type Condo Apartment
Property 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.
Location
State ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement None
Kitchen 1
Interior
Interior Features Carpet Free, Guest Accommodations
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Exposure South West
Total Parking Spaces 1
Balcony Terrace
Building
Story 2
Locker None
Others
Pets Allowed Yes-with Restrictions
ParcelsYN No
Listed by Right At Home Realty, Brokerage