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Condo Apartment for sale at 228 Queens Quay W, Toronto C01 - 2 bedroom, 2 bathroom - Photo 1 of 51
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Active

$949,000

Unit 209 - 228 Queens Quay W

Toronto C01, ON M5J 2X1

Unit 209 - 228 Queens Quay W, Toronto C01Listed at $949,000. 2 bedroom, 2 bathroom Apartment. MLS® C12984440.

2Beds
2Baths
900-999sqft
Apartment
1Parking
$4,110 (2025)

What's this home worth?

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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.

Property Details

Property TypeCondo Apartment
StyleApartment
CommunityWaterfront Communities C1
Rooms5
Kitchens1
Washrooms2
Square Feet900-999 sqft
Dir/Cross StQueens Quay/Lower Simco
ExposureSouth West
Garage TypeUnderground
Garage Parking Spaces1
Total Parking Spaces1
ExteriorConcrete
BasementNone
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
Taxes (2025)$4,110
Maintenance Fee$976.76/Monthly
HSTIncluded In
LockerNone
Listed Date4/10/2026
Days on Market62 days
Possession30 days tba

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Listing Courtesy of: Right At Home Realty, Brokerage

MLS® #C12984440

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: Unit 209 - 228 Queens Quay W

This condo apartment (Apartment) is located in the Waterfront Communities C1 neighbourhood of Toronto.

The home offers 2 bedrooms, 2 bathrooms.

Features include 1 parking space including a 1-car garage.

Listed at $949,000 CAD with annual property taxes of $4,110 (2025). This listing has been on the market for 62 days.

About Toronto Real Estate

This Condo Apartment is located in the Waterfront Communities C1 community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Condos in Toronto are popular with young professionals and downsizers seeking low-maintenance urban living with amenities.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →