$999,900 - 228 Queens Quay Unit 2608, Downtown Toronto
New Construction for Sale in Downtown Toronto
48 days on market- MLS Number
- C13071918
- Property Type
- New Construction
- Status
- active
- Days on Site
- 48
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
This is the kind of space that stops you for a moment-the light, the scale, the view-it all just lands. A true 2-bedroom, 2-bathroom sky residence, wrapped in glass and open to the city, with the CN Tower standing front and centre like it was meant to be part of your everyday.1,140 square feet unfolds with modern, and beautifully balanced. The kitchen is quietly striking, with crisp lines, quartz surfaces, and an island that naturally becomes where everything happens-morning coffee, late dinners, easy conversation.The living space stretches wide, open, and filled with light from every angle. It's not just open-concept, it's open-feeling. Calm, but alive. The oversized primary retreat comfortably accommodates a king-size bed and is complemented by a spa-inspired ensuite. The second bedroom effortlessly adapts to guests, work, or whatever your lifestyle demands.Step outside to over 518 square feet of rarely offered outdoor living, including two separate, highly functional terraces designed for morning coffee, outdoor dining, sunset entertaining, and effortless indoor-outdoor living.A truly turnkey offering-completely brand new throughout with over $250,000 in thoughtfully curated, high-quality renovations. Never lived in since completion, offering an exceptionally rare opportunity to be the very first to call this reimagined residence home.Set along Toronto's iconic waterfront with access to indoor pool and full-service amenities, this location offers the best of both worlds-steps to the Martin Goodman Trail, bike paths, marinas, parks, and lakeside trails, while only moments to Scotiabank Arena, Rogers Centre, the Financial District, and Union Station for effortless commuting, sports, dining, and entertainment. Peace, energy, wellness, and convenience-all in one extraordinary residence.Second evening showings are highly recommended. Watching theskyline transform after sunset is unforgettable-and with views like this, there's no need to invest in mood lighting.
Estimate your monthly payments for this property
Estimated Payment
$5,130.01/mo
Includes CMHC insurance ($27,897)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
228 Queens Quay Unit 2608, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1000/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 48 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.