29 Queens Quay Unit 616, Toronto C08

Price: $1,539,000

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13509112

Experience luxury living in this stunning 3 bedroom, 3 bathroom condo at Pier 27, featuring breathtaking lake views wake up to spectacular sunrises over the water. With 10' high ceilings, hardwood floors, and floor-to-ceiling windows, this unit is bathed in natural light. The gourmet Miele kitchen boasts quartz countertops, extended cabinetry, a gas cooktop, and valance lighting. The master suite offers a spa-like 5-piece ensuite, a walk-in closet, and balcony access, while the second bedroom includes its own ensuite. Enjoy a large balcony with serene lake views. Residents have access to 5-star amenities, including 24-hour concierge, indoor and outdoor pools, sauna, steam room, gym, and a party/meeting room. Sunrise lake waterfront views.

29 Queens Quay Unit 616 - Condo photo 1 of 26 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$1,539,000 - 29 Queens Quay Unit 616, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 6 days ago

Neighbourhood: Waterfront Communities C8

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13509112
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Description

Experience luxury living in this stunning 3 bedroom, 3 bathroom condo at Pier 27, featuring breathtaking lake views wake up to spectacular sunrises over the water. With 10' high ceilings, hardwood floors, and floor-to-ceiling windows, this unit is bathed in natural light. The gourmet Miele kitchen boasts quartz countertops, extended cabinetry, a gas cooktop, and valance lighting. The master suite offers a spa-like 5-piece ensuite, a walk-in closet, and balcony access, while the second bedroom includes its own ensuite. Enjoy a large balcony with serene lake views. Residents have access to 5-star amenities, including 24-hour concierge, indoor and outdoor pools, sauna, steam room, gym, and a party/meeting room. Sunrise lake waterfront views.

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Estimated Payment

$6,807.52/mo

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5-yr fixed avg.

Principal: $1,231,200Interest: $811,055
Mortgage Amount$1,231,200
Total Interest$811,055
Est. Property Tax$1,090/mo
Total Cost$2,042,255

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: Waterfront Communities C8

Discover Waterfront Communities C8

Waterfront Communities C8 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 C8

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • 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

Waterfront Communities C8 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

29 Queens Quay Unit 616, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,920/mo
Range: $2,482 - $3,358
Cap Rate (ROI)
0.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$1,090
Insurance (est.)-$321
Net Cash Flow+$729

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

Premium Pricing

At $1283/sqft, this property is priced above the Cabbagetown 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 Cabbagetown'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.

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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Waterfront Communities C8

I know Waterfront Communities C8 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.

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    29 Queens Quay Unit 616 | $1,539,000 | Battaglia Team