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New3 hours ago

1726 - 230 Queens Quay W

Waterfront Communities C1, Toronto

$610,000

Condo Apartment |
1 | 1 | 1 | 0
About this home

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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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$610
LockerNone
BalconyTerrace
ExposureNorth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,616
mls© NumberC13759878
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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.

Down payment20% · $122,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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