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$949,000
For SaleListed 102 days ago

228 Queens Quay West #209, Toronto, ONM5J 2X1

Waterfront Communities C1
2
2
900–999 ft²
Condo Apartment1 Parking
Listed by Right At Home Realty, Brokerage

Monthly Cost

Property Information

Property TypeCondo Apartment
Bedrooms2
Bathrooms2
Size900–999 ft²
BasementNone
Parking1 parking space · Underground
Property taxes$4,110/yr (2025)
Days on Market102 Days
Listed DateApr 10, 2026
MLS® NumberC12984440

Listing History

Event
Date
Price
Listed
Apr 10, 2026
$949,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Description

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.

Location

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School Zones

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Part of
The Riviera
228 Queens Quay W
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About Waterfront Communities C1

View Waterfront Communities C1 on Market

Who lives here

A snapshot of this home’s immediate area — the census dissemination area it sits in.

52%
Homeowners
31%
Households with kids
$95,000
Median income
38
Median age
1.6
Avg. household size
70%
University degree
43%
Newcomers (immigrants)
Age profile1,549 residents
Under 205%
20–3436%
35–6445%
65+13%

StatCan 2021 Census · this home’s dissemination area (DA 35204655). Values are randomly rounded by Statistics Canada for privacy.

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DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Apr 28, 2026
Show data source & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

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Sold & closed data

Sold and closed listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx through the VOW (Virtual Office Website) data feed and is shown only to registered consumers with a bona fide real estate interest. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, and is subject to errors, omissions, change or withdrawal. It must be independently verified.

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The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.