$520,000 - 260 Queens Quay Unit 1906, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterday- MLS Number
- C13441018
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- North East
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Toronto waterfront OPPORTUNITY at 260 Queens Quay West. This fully renovated top-to-bottom modern living space is a seamless open-concept 2-bedroom, Brand-new 1-bathroom masterpiece. Boasting a rare North-East exposure as well as south-east views that floods the home with natural light, this turn-key corner unit features an upgraded chef's kitchen with sleek stainless steel appliances, premium bathroom finishes, and a spacious walk-in closet in the primary bedroom. Perched above Lake Ontario, the 810 SQ FT suite showcases breathtaking, unobstructed forever views of the Toronto Islands, sparkling lakefront, the iconic CN Tower and city skyline, with spectacular sunrise vistas each morning. One exclusive-use locker is included with the suite. Remarkable building amenities include a 24-hour concierge and an on-site gym. Residents enjoy a newly renovated rooftop terrace complete with BBQs, perfect for entertaining against a stunning waterfront backdrop. TTC is at your doorstep, with immediate access to the Financial District, Harbourfront, Billy Bishop Airport, and the UP Express. This premier downtown waterfront location places you steps from the CN Tower, Rogers Centre, Ripley's Aquarium, Queen's Quay Terminal, ferry docks, Harbourfront outdoor skating rink, bike and jogging trails, and the future Rees Street Park, as well as the University of Toronto, Chinatown, and Kensington Market. Note: Fibre internet and cable are conveniently included in the maintenance fees. **Some Photos are virtually staged**
Estimate your monthly payments for this property
Estimated Payment
$2,667.87/mo
Includes CMHC insurance ($14,508)
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.
260 Queens Quay Unit 1906, Downtown Toronto / Waterfront
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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
Competitive Pricing
At $650/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,167 (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.