29 Queens Quay Unit 505, Toronto C08

Price: $9,200

3 bedrooms, 3 bathrooms

1,800 sq ft

Property Type: Condo

MLS#: C12760414

Imagine waking to the soft glow of morning light reflecting off Lake Ontario, and ending each day watching the sun dip behind Toronto's glittering skyline. This is life at Suite 505 at Pier 27, where 1,856 sq.ft. of West-facing luxury becomes your personal sanctuary above the water. This isn't just a home; it's a love letter to waterfront living. 2+1 bedrooms, 3 bathrooms, and 10-foot ceilings create an airy, sophisticated canvas flooded with natural light. Floor-to-ceiling windows with motorized blinds frame breathtaking harbour views, while the open-concept design invites you to live, entertain, and dream in seamless harmony. Your chef-inspired kitchen, adorned with Miele and Sub-Zero appliances, becomes the heart of intimate dinners and lively gatherings. Step onto your private balcony where sailboats glide by, city lights twinkle, and every sunset feels like a celebration. At Pier 27, resort-style living is woven into your daily rhythm. Float in the infinity pool, rejuvenate in the spa and sauna, host movie nights in the private theatre, or simply savour the effortless elegance of 24-hour concierge service. Beyond your doorstep, the city's best awaits - Harbourfront Centre, Scotiabank Arena, St. Lawrence Market, world-class dining, and Union Station - all within a lakeside stroll. This is where the city's pulse meets the water's peace, where sophistication embraces serenity, and where home feels like an endless vacation. Welcome to 505 - 29 Queens Quay E. Welcome to your waterfront dream.

29 Queens Quay Unit 505, Toronto C08 - Image 1
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$9,200 - 29 Queens Quay Unit 505, Downtown Toronto

Condo for Sale in Downtown Toronto

3Beds
3Baths
1,800Sq Ft
Condo
Property Details
MLS Number
C12760414
Property Type
Condo
Status
active
Days on Market
1
Bedrooms
3
Bathrooms
3
Square Feet
1,800 sqft
City
Downtown Toronto
Description

Imagine waking to the soft glow of morning light reflecting off Lake Ontario, and ending each day watching the sun dip behind Toronto's glittering skyline. This is life at Suite 505 at Pier 27, where 1,856 sq.ft. of West-facing luxury becomes your personal sanctuary above the water. This isn't just a home; it's a love letter to waterfront living. 2+1 bedrooms, 3 bathrooms, and 10-foot ceilings create an airy, sophisticated canvas flooded with natural light. Floor-to-ceiling windows with motorized blinds frame breathtaking harbour views, while the open-concept design invites you to live, entertain, and dream in seamless harmony. Your chef-inspired kitchen, adorned with Miele and Sub-Zero appliances, becomes the heart of intimate dinners and lively gatherings. Step onto your private balcony where sailboats glide by, city lights twinkle, and every sunset feels like a celebration. At Pier 27, resort-style living is woven into your daily rhythm. Float in the infinity pool, rejuvenate in the spa and sauna, host movie nights in the private theatre, or simply savour the effortless elegance of 24-hour concierge service. Beyond your doorstep, the city's best awaits - Harbourfront Centre, Scotiabank Arena, St. Lawrence Market, world-class dining, and Union Station - all within a lakeside stroll. This is where the city's pulse meets the water's peace, where sophistication embraces serenity, and where home feels like an endless vacation. Welcome to 505 - 29 Queens Quay E. Welcome to your waterfront dream.

Neighbourhood Guide: Toronto C08

Discover Toronto C08

Toronto C08 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 Toronto C08

  • Convenient location in Toronto C08
  • 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

Toronto C08 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 505, Toronto C08

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,400/mo
Range: $2,890 - $3,910
Cap Rate (ROI)
289.7%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$3,400
Maintenance Fees-$1,170
Property Tax (est.)-$7
Insurance (est.)-$2
Net Cash Flow+$2,221

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

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $5/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 Toronto C08'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.

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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