$1,399,900 - 218 Queens Quay N/A Unit Ph4, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed 4 days agoNeighbourhood: Waterfront Communities C1
- MLS Number
- C13693144
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- INTERNATIONAL REALTY FIRM, INC.
Rare Waterfront Penthouse at Waterclub III. Experience exceptional lakefront living in this beautifully renovated 2-bedroom, 2-bathroom penthouse offering approximately 1,175 sq. ft. of interior living space plus a spectacular ~200 sq. ft. private terrace. Soaring 10' ceilings and expansive floor-to-ceiling windows showcase sweeping southwest views over Lake Ontario, the marina and waterfront from virtually every room. Thoughtfully renovated in 2021 with designer finishes throughout, including a beautifully appointed kitchen and a new designer closet system. The spacious open-concept living and dining areas are ideal for both entertaining and everyday living. Generous primary bedroom with stunning views, plus a second bedroom with walkout access to the terrace. Includes parking, owned locker, and exclusive-use bike storage conveniently located directly at the parking space. Enjoy an exceptional downtown lifestyle just steps from the waterfront, Harbourfront, dining, entertainment, TTC and the Financial District. A truly rare penthouse offering combining spectacular views, exceptional outdoor space and refined urban living.
Estimate your monthly payments for this property
Estimated Payment
$6,192.23/mo
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 Waterfront Communities C1
Waterfront Communities C1 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 Waterfront Communities C1
- •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
Waterfront Communities C1 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.
218 Queens Quay N/A Unit Ph4, 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
Premium Pricing
At $1167/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
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.
About Waterfront Communities C1
I know Waterfront Communities C1 well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $5,833 (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.