209 - 228 Queens Quay W

209 - 228 Queens Quay W
Broker: Right At Home Realty, Brokerage
$949,000 est.*$4,662 /mo
For Sale ·53 days on site
2bed
2bath
1parking
900-999sqft
Condo Apttype

About this home

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.
Broker: Right At Home Realty, Brokerage MLS®#: C12984440
Data updated: Apr 28, 2026, 5:33 p.m.
Scott Miralami — Broker
Central Home Realty Inc., Brokerage · Licensed in Ontario

Questions about this unit, the building, or the offer process? Every message reaches me directly — no call centre, no lead resale.

Property details

Neighbourhood
Waterfront
Property type
Condo Apt
Beds
2
Baths
2
Parking
1 space
Parking type
Underground
Heating
Forced Air
Cooling
Central Air
Exposure
South West
Balcony
Terrace
Locker
None
Pets
Yes-with Restrictions
Maintenance
$977/mo
Tax/yr
$4,110
MLS®#
C12984440

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Mortgage calculator

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$189,800
Variable as of June 3, 2026 — for estimate only
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Monthly mortgage
$4,662
Total monthly cost
$5,982
Mortgage + tax + condo
Down payment
$189,800
Total interest paid
$639,446
Over 25 years
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