29 Queens Quay Unit 916, Toronto C08

Price: $1,399,900

3 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13587172

Pier 27 is the building people point at from the island ferry. This is one of its larger suites, and at 1,264 square feet it behaves like a home rather than a place to park a mattress and a coffee machine. The water is the point. Glass floor to ceiling, and custom herringbone brushed oak flooring throughout (ceramic tiles in baths). Den is large enough for a third bedroom, but performs much better as an office/den. P1 Parking included & 3 lockers. Harbourfront and Sugar Beaach close enough that you stop calling them a novelty.The building handles the rest: 24-hour concierge, an outdoor (and indoor) pool you will use more than you would admit, a gym with no commute and therefore no excuse. Large Theatre, party room, co-working space, outdoor dining, fountain seating. Outside is the civilized end of downtown. St. Lawrence Market for the groceries (or one of the two Farm Boys if you feel like something 10 steps away. The Martin Goodman Trail for the run you keep scheduling. More City Bikes than you would ever need. Union Station on foot when the city wants you, the Gardiner on wheels when it does not (P1 prime parking including in sale). Loblaws and the LCBO are neighbours, which is either convenient or a problem depending on the week. Newly build Queens Quay East park with pickle ball courts, enclosed dog park with wood chip surface. This is waterfront people live on, not the kind they visit and photograph. Room enough for two adults to share an address without sharing every square foot. A building that stopped trying to prove anything years ago and simply works. Come see it. The lake makes a strong first impression.

29 Queens Quay Unit 916 - Condo photo 1 of 28 in Regent Park / Cabbagetown / St. James Town, Ontario
29 Queens Quay Unit 916 - Condo photo 2 of 28 in Regent Park / Cabbagetown / St. James Town, Ontario
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29 Queens Quay Unit 916 - Condo photo 10 of 28 in Regent Park / Cabbagetown / St. James Town, Ontario
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$1,399,900 - 29 Queens Quay Unit 916, Cabbagetown

Condo for Sale in Cabbagetown

34 days on market

Neighbourhood: Waterfront Communities C8

3Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13587172
Property Type
Condo
Status
active
Days on Site
34
Bedrooms
3
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
South East
Balcony
Open
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Pier 27 is the building people point at from the island ferry. This is one of its larger suites, and at 1,264 square feet it behaves like a home rather than a place to park a mattress and a coffee machine. The water is the point. Glass floor to ceiling, and custom herringbone brushed oak flooring throughout (ceramic tiles in baths). Den is large enough for a third bedroom, but performs much better as an office/den. P1 Parking included & 3 lockers. Harbourfront and Sugar Beaach close enough that you stop calling them a novelty.The building handles the rest: 24-hour concierge, an outdoor (and indoor) pool you will use more than you would admit, a gym with no commute and therefore no excuse. Large Theatre, party room, co-working space, outdoor dining, fountain seating. Outside is the civilized end of downtown. St. Lawrence Market for the groceries (or one of the two Farm Boys if you feel like something 10 steps away. The Martin Goodman Trail for the run you keep scheduling. More City Bikes than you would ever need. Union Station on foot when the city wants you, the Gardiner on wheels when it does not (P1 prime parking including in sale). Loblaws and the LCBO are neighbours, which is either convenient or a problem depending on the week. Newly build Queens Quay East park with pickle ball courts, enclosed dog park with wood chip surface. This is waterfront people live on, not the kind they visit and photograph. Room enough for two adults to share an address without sharing every square foot. A building that stopped trying to prove anything years ago and simply works. Come see it. The lake makes a strong first impression.

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Estimated Payment

$6,192.23/mo

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5-yr fixed avg.

Principal: $1,119,920Interest: $737,749
Mortgage Amount$1,119,920
Total Interest$737,749
Est. Property Tax$992/mo
Total Cost$1,857,669

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 916, 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)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,920
Maintenance Fees-$780
Property Tax (est.)-$992
Insurance (est.)-$292
Net Cash Flow+$856

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 $1167/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.

Market Position

At 34 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. 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 916 | $1,399,900 | Battaglia Team