270 Queens Quay Unit 906, Toronto C01

Price: $485,000

3 bedrooms, 1 bathrooms

800 sqft

Property Type: Condo

MLS#: C13222228

Toronto waterfront OPPORTUNITY at Harbourpoint III Condos, offered for the first time in nearly 40 years. This two-bedroom plus den residence presents a rare opportunity to create your ideal waterfront home. Perched above Lake Ontario, the 829 SQ FT suite showcases breathtaking, unobstructed forever views of the Toronto Islands, sparkling lakefront, and iconic city skyline, with spectacular sunrise vistas each morning. Thoughtfully designed with an ideal layout and exposure, the suite offers exceptional natural light and flow with endless potential. 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. **Photos are virtually staged**

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New Listing
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$485,000 - 270 Queens Quay Unit 906, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 2 days ago
3Beds
1Baths
800Sq Ft
Condo
Property Details
MLS Number
C13222228
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
1
Square Feet
800 sqft
Neighbourhood
Downtown Toronto / Waterfront
Locker
Exclusive
Exposure
South East
Balcony
None
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Toronto waterfront OPPORTUNITY at Harbourpoint III Condos, offered for the first time in nearly 40 years. This two-bedroom plus den residence presents a rare opportunity to create your ideal waterfront home. Perched above Lake Ontario, the 829 SQ FT suite showcases breathtaking, unobstructed forever views of the Toronto Islands, sparkling lakefront, and iconic city skyline, with spectacular sunrise vistas each morning. Thoughtfully designed with an ideal layout and exposure, the suite offers exceptional natural light and flow with endless potential. 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. **Photos are virtually staged**

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

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5%10%50%

5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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.

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Neighbourhood Guide: Downtown Toronto / Waterfront

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

270 Queens Quay Unit 906, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
4.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,635

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $606/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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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.

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    270 Queens Quay Unit 906, Downt… — $485,000 | Battaglia Team