228 Queens Quay 209
Waterfront Communities C1, Toronto, M5J 2X1
FOR SALE
$949,000
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2
BEDROOMS 2
BATHROOMS 1
KITCHENS 5
ROOMS C12984440
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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.
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Nearby Intersections
Property Features
Carpet Free, Guest Accommodations, In-Suite Laundry, Laundry Chute
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Property Details
Address
228 Queens Quay 209
Community
City
Postal Code
M5J 2X1
Property Type
Condo Apartment, Condo Apartment
Taxes
$4,110 (2025
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Parking 1
Owned
Garage Type
Underground
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Listing contracted with Right At Home Realty, Brokerage
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