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228 Queens Quay W 209, Toronto, ON M5J 2X1

Toronto C01, ON, M5J 2X1 · Waterfront Communities C1

2 Beds
2 Baths
Sq Ft
Condo Apartment Type
C12984440 MLS#

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.

Features & Amenities

  • Garage: Underground
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: Apartment
  • Construction: Concrete
  • Exposure: South West

Property Details

Property Type Residential Condo & Other
Property Sub-Type Condo Apartment
Architectural Style Apartment
Bedrooms 2
Bathrooms 2
Basement None
Garage Underground
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Annual Tax $4,110
Tax Year 2025
Association Fee $977 /

Interior Features

Interior Features
Carpet Free, Guest Accommodations
Laundry Features
In-Suite Laundry, Laundry Chute
Ensuite Laundry
Yes

Exterior Features

Balcony Type
Terrace

Building & Construction

Architectural Style
Apartment
Construction Materials
Concrete
Basement
None

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Underground
Garage
Yes
Parking Spaces
0
Parking Total
1.00
Covered Spaces
1

Community & Neighborhood

Association Name
TSCC

Financial & Tax

Tax Annual Amount
$4,110
Tax Year
2025
Association Fee
$977
Association Fee Includes
Heat Included, Water Included, CAC Included, Building Insurance Included
Possession Type
Immediate
Possession Details
30 days tba

Room Details

Rooms Above Grade
5
Kitchens Above Grade
1
Kitchens Total
1
Bedrooms Above Grade
2

Additional Details

Occupant Type
Tenant
Exposure
South West
County Or Parish
Toronto
Cross Street
Queens Quay/Lower Simco
Directions
Lower Simcoe south
Special Designation
Unknown
Showing Requirements
See Brokerage Remarks, Showing System

Location

228 Queens Quay W 209, Toronto, ON M5J 2X1, Toronto C01, ON, M5J 2X1

Listing courtesy of Right At Home Realty, Brokerage
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