228 Queens Quay Unit 209

ActiveDowntown Toronto / Waterfront · Waterfront Communities C1118 days on marketMLS® C12984440
$949,000
$1,054 / sq ft
Bedrooms2
Bathrooms2
Interior900 sq ft
TypeCondo
ListingFor Sale
Days on Market118

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 & finishes

View
Balcony
Air Conditioning
Basement

Property details

MLS® NumberC12984440
StatusActive
Listing TypeFor Sale
Property TypeCondo
Interior Size900 sq ft
Beds / Baths2 bed · 2 bath
LockerNone
ExposureSouth West
BalconyTerrace
NeighbourhoodWaterfront Communities C1
CityDowntown Toronto / Waterfront
Postal CodeM5J 2X1
ProvinceON
Listed DateApril 10, 2026
Days on Market118
Price per Sq Ft$1,054
BrokerageRight At Home Realty, Brokerage

Location

Similar Properties Nearby

Photo of 14 York Street Unit 5207Just Listed
$549,000
14 York Street Unit 5207
Downtown Toronto / Waterfront · 2 bed · 1 bath · Condo
Southwest View From UnitJust Listed
$729,900
35 Mercer Street Unit 2616
Downtown Toronto / Waterfront · 2 bed · 2 bath · Condo
Photo of 199 RICHMOND Street Unit 418Just Listed
$569,800
199 RICHMOND Street Unit 418
Downtown Toronto / Waterfront · 2 bed · 2 bath · Condo

Sold Properties Nearby

Sign in to reveal recent sold prices in this area.

Listed by Right At Home Realty, Brokerage