$799,000

For saleJust listed

#302 228 Queens Quay West, Toronto (Waterfront Communities) - Single Family for Sale

#302 228 Queens Quay West, Toronto (Waterfront Communities), Ontario, M5J2X1

2 beds2 baths0 parking950 ft²$839/mo condo feeListed Yesterday

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 950 sq ft of space. It has been on the market 1 day, fresher than the Toronto average of 57 days.

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Description

Experience luxury waterfront living in this bright and spacious 2-bedroom, 2-bath residence offering nearly 1,000 sq.ft. of thoughtfully designed living space plus a private balcony overlooking the vibrant Harbourfront. Beautifully refreshed with brand new flooring and fresh paint throughout, this move-in-ready home combines modern updates with a functional open-concept layout filled with natural light. Enjoy generous principal rooms, a well-appointed kitchen with ample storage, and spacious bedrooms, including a primary suite with its own ensuite bath. Residents enjoy exceptional building amenities including a fully equipped fitness centre, indoor swimming pool, party room, 24-hour concierge, and more. Ideally located just steps from the Harbourfront, PATH, Union Station, the Financial District, Rogers Centre, Scotiabank Arena, waterfront trails, restaurants, cafés, shopping, TTC, and endless entertainment. An exceptional opportunity to enjoy the very best of downtown Toronto living, where convenience, lifestyle, and urban sophistication come together. (id:66096)

Property Details

MLS®: C14142588
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $839/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,491/yr

Rooms

Main level

Living room: 4.57 x 5.73 meters
Dining room: 4.57 x 5.73 meters
Bedroom 2: 2.59 x 2.74 meters
Primary Bedroom: 3.17 x 4.11 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Barbeque
Exterior: Brick
Lot Features: Lighting, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Waterfront Communities) listings, avg age

57d

Price / ft²

$841

List price

$799K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Waterfront Communities) has been listed for 1 day, which is 56 days fresher than the city average of 57. Act while there is still low competition.

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Listed by UNION CAPITAL REALTY · FAHAD IDREES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5J)

This home lists at $799,000, about 8.5× the local median household income of $94,000.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 66% above the area median.

Median household income: $94,000
Population: 16,879
Median age: 33.6
Owner / renter: 43% / 57%
Avg. household size: 1.7

Source: Statistics Canada, 2021 Census (FSA M5J)

$799,000· $841/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$291/mo

Condo fee$839/mo

Total monthly$5,256

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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