$949,000Asking Price
228 Queens Quay W 209, Toronto C01, ON M5J 2X1 #209
Harbourfront, Toronto
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.
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.
See MoreKey Info
- Apartment Condo
- 1 Parking
- Queens Quay/Lower Simco
- 900-999 Approximate Sq Feet
- South-West Exposure
- Ensuite Laundry
- No Locker
- Forced Air Gas Heating
- Central Air
Property
- $976 Monthly Condo Fees
- Includes: Heat, Water, Central A/C, Building Insurance.
- Excludes: Hydro, Cable TV, Common Elements, Parking
- Taxes were $4,110 in 2025
- Possession: 30 days tba
Details
- Concrete Exterior
- No Fireplace
- 1 Kitchen
- Condo Corporation #1536
- Condo Registry Office: TSCC
- MLS #C12984440
- Right At Home Realty, Brokerage
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 14.76' x 8.07' | Breakfast Bar, Open Concept |
| 2 | Bathroom | Main | 4-PieceEnsuite | |
| 3 | Bathroom | Main | 4-PieceBath | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 2 4-Piece Bathrooms on Main Floor | |||
How Far is Too Far?
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Who lives here?
Harbourfront, Toronto is a central Toronto neighbourhood notable for its renters, university grads, executives and business, science and education, law & public sector professionals. It has a higher than average population of immigrants from China and India. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
0.4
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
50%
of residents are
single and loving it.
50% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
49%
of residents
are renters.
49% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
75%
of residents are
university grads.
75% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$155K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 20% |
| Management | 15% |
| Sciences | 11% |
| Sales | 11% |
| Government | 11% |
Immigrants
44%
of residents were
born outside of Canada.
44% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
6.6% from India
All-time
Birthplace - Recent
2.1% from India
Recent
Foreign Languages
Foreign Languages
| Mandarin | 4% |
| Cantonese | 4% |
| French | 3% |
| Spanish | 3% |
| Arabic | 2% |
Religions
Religions
| Christian | 51% |
| Muslim | 6% |
| Hindu | 4% |
| Jewish | 3% |
| Buddhist | 2% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
