209 - 228 QUEENS QUAY W
Toronto (Waterfront Communities), Ontario
MLS® C12984440
$949,000
- Status
- Active
- Property type
- House
- MLS® number
- C12984440
- Bedrooms
- 2
- Bathrooms
- 2
- Year built
- —
1 / 50Listing 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 summary
- MLS® number
- C12984440
- Property type
- Single Family
- Building type
- Apartment
- Title
- Condo/Strata
- Annual property taxes
- $4,110.00
- Parking
- 1 space · Garage, Underground
- Days on market
- 146 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- None
- Flooring
- Hardwood
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Oven, Dryer, Microwave
- Exterior features
- Concrete
- Lot features
- Carpet Free, In suite Laundry, Guest Suite
- Community features
- Pets Allowed With Restrictions
- Maintenance fee
- $976.76 / Monthly
What would this home cost you?
Based on the $949,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Right At Home Realty, Brokerage, BURLINGTON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.