209 - 228 Queens Quay W

Toronto (Waterfront Communities), ON M5J2X1

About this property

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. (id:13843)

About this property

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. (id:13843)

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$949,000 Active
2 Bed(s)
2
Baths
900 sqft

Presented By Lindsay Barlow, Sales Representative,Représentant immobilier,Broker,Courtier,Manager

Agent Image
Get in touch today! Phone: 1-905-655-3300
Brokerage
Right At Home Realty, Brokerage
1-905-637-1700
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| County |

$ 949,000
This listing is play_arrow 430.5% higher than the average in the area
$ 178,888 in the area
900 SqFt
This listing is play_arrow 25.0% smaller than the average in the area
1,200 SqFt in the area
$ 1,054 $/SqFt
This listing is play_arrow 607.3% more than the average in the area
$ 149 $/SqFt in the area
135 days on site
This listing is play_arrow 16.4% above the average in the area
116 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By GEORGE DLUGOSH
Brokerage: Right At Home Realty, Brokerage

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Lindsay Barlow

By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.