$1,390,000 - 270 Queens Quay Unit 1201/02, Downtown Toronto
Condo for Sale in Downtown Toronto
33 days on marketNeighbourhood: Waterfront Communities C1
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- MLS Number
- C13746376
- Property Type
- Condo
- Status
- active
- Days on Site
- 33
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $5,618
- Maintenance Fees
- $1,319/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
This Could Be Your Future View! From Sunrise to Sunset Everyday. Unobstructed East, South And West Facing Waterfront & Lake Views In A Much Sought After Building. Steps ToThe Waterfront. Unique Open Concept Living Space over 1650 Sq Ft. Two Units Converted Into A 2 Bedroom Plus Spacious Family Room, Den Or Optional 3rd Bedroom Area. Primary Bedroom Features Ensuite Bathroom And Tons of Closet Space. Cozy And Quaint Office Nook Overlooking The Waterfront Makes Working From Home So Much Better. Open Concept Kitchen Includes A Breakfast Bar, Stainless Steel Appliances, Huge Pantry, Cupboards Galore And Water Views. An Entertainers Dream Layout. Amenities Include Gym, Sauna, Hot Tub, Redesigned Rooftop Terrace W/ BBQ's & Lots Of Lounge Chairs. Steps to Ontario Islands And Waterfront Trails. Why Take The Car To Work When You Are So Close To The Downtown Core. Restaurants, QueensQuay Terminal And Lots of Shops. TTC At Your Doorstep. Low Maintenance Unit With Breathtaking Views. One Parking & (2) Two Lockers Combined Into One Included.
Estimate your monthly payments for this property
Estimated Payment
$6,148.44/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.
270 Queens Quay Unit 1201/02, 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
Fair Market Value
At $869/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.
Market Position
At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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. The $1319/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $5,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.