$949,000
FOR SALE

Condo Apartment

Bedrooms: 2Bathrooms: 2
2025 Taxes: $4,110Maintenance Fees: $976.76

228 Queens Quay W #209
Toronto, ON M5J 2X1 | Waterfront Communities C1

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.
Extras
Carpet Free, Guest Accommodations
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Listed By Right At Home Realty, Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12984440
Last Updated Apr 28, 2026
Property Summary
Property Type Condo Apartment

More like this:
PIN 125360069
Possession Date 30 days tba
Taxes (2025) $4,110
Maintenance Fees $976.76
Directions/Cross Streets Queens Quay/Lower Simco
Neighbourhood Waterfront Communities C1
Area Toronto
Price History

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Detailed Information
Special Designations Unknown
Bedrooms 2
Bathrooms 2
Exterior Concrete
Air Conditioning Central Air
Garage Type Underground
Garage/Park Spaces Y
Heat Source Gas
Heat Type Forced Air

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