Home ›Listings ›Toronto ›C12984440

228 Queens Quay Toronto C01 ON

📍 Toronto, Ontario M5J 2X1

$949,000

Active
2BEDS
2BATHS
1PARKING
1KITCHENS

📋 Listing Highlights

StatusActive
MLS®C12984440
ListedApr 10, 2026
Days on Market—
Property TypeResidential Condo & Other
StyleCondo Apartment
Cross StreetQueens Quay/Lower Simco
Possession30 days tba

📝 Listing 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.

🏠 Property Details

Property TypeResidential Condo & Other
StyleCondo Apartment
Bedrooms2
Bathrooms2
Kitchens1

🔧 Building & Utilities

Heat SourceGas
HeatingForced Air
CoolingCentral Air
BasementNone
GarageUnderground
Garage Spaces1
Parking1
ConstructionConcrete

💰 Financial

List Price$949,000
Annual Taxes$4,110 (2025)
Possession30 days tba

🧮 Mortgage Calculator

$189,800
Est. Monthly Payment
$4,662/mo
Principal: $759,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by Right At Home Realty, BrokerageData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C12984440 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.