Condo for sale at 209-228 Queens Quay, Toronto, Ontario, M5J 2X1 - Waterfront Communities C1 - MLS: C12984440

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209-228 Queens Quay

Toronto, Ontario, M5J 2X1 - Waterfront Communities C1

$949,000

Neighbourhood

Waterfront Communities C1
Major Intersection

Queens Quay/Lower Simco

Listed Since: 4 day(s)
Last update: today

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

900-999
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$977
Taxes

$4,110.00 (2025)
Balcony

Terr

Property Description

Property description for 209-228 Queens Quay, 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.

Listed by Right At Home Realty, Brokerage

Property details

MLS #

C12984440
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Water
Property Management

Crossbridge Condominium Services Ltd.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12984440
Sq. Ft

900-999
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

None
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

n/a
Maintenance Fee Includes

Heat, Water
Property Management

Crossbridge Condominium Services Ltd.
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Living

6.27 x 2.51 ft Main level

Combined W/Dining, hardwood floor, Large Window
Dining

2.44 x 2.24 ft Main level

Combined W/Living, hardwood floor, W/O To Patio
Primary

5.33 x 4.5 ft Main level

4 Pc Ensuite, hardwood floor, W/O To Patio
Br

3.12 x 2.51 ft Main level

hardwood floor, Mirrored Closet, Sliding Doors
Kitchen

4.5 x 2.46 ft Main level

Breakfast Bar, Open Concept
Bathroom

0.0 x 0.0 ft Main level

4 Pc Ensuite
Bathroom

0.0 x 0.0 ft Main level

4 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 209-228 Queens Quay, Toronto

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

649

Average Selling Price of a Condo Apt

March 2026

$714,185

Last 3 Months

$713,971

Last 12 Months

$735,800

March 2025

$819,917

Last 3 Months LY

$779,213

Last 12 Months LY

$780,368

Change

-13%

Change

-8%

Change

-6%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$791,077

Average Selling Price

5 years ago

$793,822

Average Selling Price

10 years ago

$473,655

Change

-10%

Change

-10%

Change

51%

Number of Condo Apt Sold

March 2026

114

Last 3 Months

101

Last 12 Months

111

March 2025

108

Last 3 Months LY

Last 12 Months LY

116

Change

10%

Change

-4%

How many days Condo Apt takes to sell (DOM)

March 2026

Last 3 Months

Last 12 Months

March 2025

Last 3 Months LY

Last 12 Months LY

Change

10%

Change

14%

Change

15%

Average Selling price

Inventory Graph

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Closing Cost Calculator

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Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.