Salehian.com 647-325-5000

230 Queens Quay W 1726

Waterfront Communities C1, Toronto, M5J 2Y7 · More in this building

$595,000

Reduced $15,000 from $610,000

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  • 1 bedrooms
  • 1 bathrooms
  • 1 parking
  • 500-599 sq ft

Listed 41 days ago · MLS® C13759878

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!

Details

Type
Condo Apartment
Style
Apartment
Size
500-599 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$2,616 (2026)
Maintenance fee
$610/month
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01
Price per sq ft
$1,083 (17% above condo apartments in Waterfront Communities C1, $926)
Fee per sq ft
$1.11/month (Toronto median $0.92)

Interior

Bedrooms
1 above ground
Bathrooms
1 × 4-piece (flat)
Rooms
3 above ground
Family room or den
No
Fireplace
No
Laundry
Ensuite

Heating, cooling and services

Heating
Forced Air, Ground Source
Air conditioning
Central Air

Building and exterior

Style
Apartment
Exterior
Concrete

Parking

Total parking
1

Condo

Monthly fee
$610
Fee includes
Heat Included, Hydro Included, Water Included, Common Elements Included, Building Insurance Included, Parking Included
Balcony
Terrace
Exposure
North West
Pets
Yes-with Restrictions
Property manager
Riviera Office - Rivieraoffice@Rogers.Com

More

Possession
Flexible/TBD
Nearby
Lake Access, Park, Public Transit
Cross street
Queens Quay & Lower Simcoe

Rooms

RoomLevelSizeFeatures
Living RoomFlat4.42 × 4.54 m (14'6" × 14'11")W/O To Balcony, Combined w/Dining, Hardwood Floor
Dining RoomFlat4.42 × 4.54 m (14'6" × 14'11")Combined w/Living, Hardwood Floor
Primary BedroomFlat2.93 × 3.54 m (9'7" × 11'7")Laminate, Closet, Window

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Union Subway11 min walk
  • 🚇 St. Andrew Subway14 min walk
  • 🚆 Toronto Union Station GO9 min walk

Within a 10-minute walk: 15 grocery stores, 189 cafés and restaurants, 24 parks, 9 pharmacies. Nearest grocery: Rabba (200 m). Nearest park: Ontario Square (100 m).

Schools nearby

Elementary

  • Bishop Macdonell Catholic Elementary School Catholic
    EQAO: Gr 6 reading 97%, math 64%    14 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%    15 min walk
  • The Waterfront School
    EQAO: Gr 6 reading 93%, math 71%    1.2 km
  • Downtown Alternative School1.4 km

Secondary

  • City School
    EQAO: literacy test 58%    1.2 km
  • Oasis Alternative Secondary School1.4 km
  • Contact Alternative School1.7 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5J

Owners / renters
43% / 57%
Median household income
$94,000
Average age
39
Children under 15
6%
Homes
2% detached, 97% high-rise
Commute by transit
22%
Population
16,879

Languages spoken most at home besides English: Mandarin 4.7%, Hindi 1.6%, Yue (Cantonese) 1.6%, Spanish 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Harbourfront-CityPlace (2025): about the Toronto average, up 14% from the year before.

  • Assaultabout average
  • Break and enter25% below average
  • Auto theft75% below average
  • Robbery39% below average
  • Theft from vehicles42% below average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 5 active

  • 200 QUEENS QUAY W · 150 m
    Site Plan · NOAC Issued · applied 2022
    Site Plan Approval for a 59-storey mixed-use building having a non-residential gross floor area of 330 square metres, and a residential gross floor area of…
    Application details
  • 200 QUEENS QUAY W · 150 m
    Plan of Condominium · Under Review · applied 2021
    *** Draft Plan of Condominium for 1482 units.
    Application details
  • 60 HARBOUR ST · 450 m
    Site Plan · Under Review · applied 2019
    Site plan application for a proposed 57-storey non-residential building.
    Application details
  • 255 BREMNER BLVD · 300 m
    Site Plan · Under Review · applied 2018
    Proposed amendment to the approved site plan application for the Hydro Station (File No. 11 229840 STE 20 SA) to make the temporary driveway access from Lower…
    Application details
  • 258 BREMNER BLVD · 400 m
    Site Plan · Under Review · applied 2012
    INACTIVE Revision to existing site plan agreement for changes to the exterior elevations, site details including gate and fencing work. Phase 1 of CN Tower…

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

Coming transit

  • 🚧 Osgoode 1.3 km
  • 🚧 Queen 1.4 km
  • 🚧 Chinatown 1.5 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🛣️ Gardiner Expressway100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Trees

78 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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