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About the Listing 540200 -
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.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Condo/Townhome
MLS ®
C12984440
Year Built
Total Square Footage
900
Lot/Acreage
N/A
Interior Details
- Bedrooms: 2
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Carpet Free,Guest Accommodations
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof:
- Others:
- Sewer:
- Parking Features: Underground,Has Garage
Financial Details
- Tax Amount: $4,110
- Taxes w/Assessments: N/A
- Tax/Property ID: 125360069
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
228 Queens Quay W Unit 209 Toronto, ON M5J 2X1
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