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1726 - 230 Queens Quay W
Waterfront Communities C1, Toronto
$610,000
Turnkey Downtown Toronto Investment Opportunity! This spacious, thoughtfully designed 580 sq. ft. one-bedroom suite is already tenant-occupied and generating $2,550 per month-an excellent opportunity for investors seeking immediate rental income from day one. The bright, functional layout maximizes every square foot, offering comfortable living and entertaining space with no wasted area. Step outside onto the oversized private balcony and enjoy impressive views of the CN Tower, all from an exceptional downtown location across the street from Toronto's waterfront. Surrounded by the best of city living, this well-positioned condo offers lasting appeal to both tenants and investors. Purchase a desirable Toronto property with reliable rental income already in place!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $610 |
| Locker | None |
| Balcony | Terrace |
| Exposure | North West |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | None |
| Property Tax | $2,616 |
| mls© Number | C13759878 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,122
- Property tax
- $218
- Heat allowance
- $150
- Condo fees, half counted
- $305
- Housing costs
- $3,795 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$117,000
gross annual household income
- Payment at 4%
- $2,567 / mo
- Cash down
- $122,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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