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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. (id:58753)
Cross Streets: Queens Quay/Lower Simco. ** Directions: Lower Simcoe south.
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 617 Caledonia Road, Toronto ON M6E 4V7 | 3 | 2 | May 06, 2026 | $825,000 |
| 562 INDIAN ROAD | 4 | 3 | May 10, 2026 | $1,849,900 |
| 52 Roxborough Drive, Toronto ON M4W 1X1 | 4 | 5 | May 08, 2026 | $5,750,000 |
| 24 RANEE AVENUE | 6 | 5 | May 31, 2026 | $2,149,900 |
| 49 Holland Park Avenue, York ON M6C 1M2 | 0 | 0 | May 29, 2026 | $949,000 |
| 49 Holland Park Avenue, York ON M6C 1M2 | 0 | 0 | May 29, 2026 | $949,000 |
Discover key demographics, population statistics, and environmental insights for the Toronto (waterfront Communities), ON area.
96/100
Walker's Paradise
Walk Score ®
100/100
Rider's Paradise
Transit Score ®
83/100
Very Bikeable
Bike Score ®
Daily errands do not require a car. World-class public transportation. Biking is convenient for most trips.
40 nearby routes: 17 bus, 23 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 82/100, Transit Score: 82/100, Bike Score: 83/100.
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2608 - 228 QUEENS QUAY W
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808 - 25 LOWER SIMCOE STREET
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1912 - 8 YORK STREET
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3202 - 8 YORK STREET
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1912 - 8 YORK STREET
Source: Realty.com
209 228 QUEENS QUAY W, Toronto (Waterfront Communities), ON M5J2X1 in Toronto (Waterfront Communities), ON M5J2X1 is a apartment listed at $949,000. Highlights include 2 bedrooms, 2 bathrooms, HOA fee $977 Monthly. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 50 photos of 209 228 QUEENS QUAY W.
The full address for this home is 209 228 QUEENS QUAY W, Toronto (Waterfront Communities), ON M5J2X1.
209 228 QUEENS QUAY W has been listed on Realty.com since Fri April 10, 2026
Daily errands do not require a car. World-class public transportation. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 82/100, Transit Score: 82/100, Bike Score: 83/100.
Listing provided courtesy of:
Right At Home Realty, Brokerage
Listing agent:
GEORGE DLUGOSH
This content last refreshed on 2026-06-06 07:03:03. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.