228 Queens Quay W 209, Toronto, ON M5J 2X1
Toronto C01, ON, M5J 2X1 · Waterfront Communities C1
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