29 Queens Quay E 323, Toronto C08

$1,150,000
29 Queens Quay E 323

$1,150,000

New
25d
Condo ApartmentApartment

29 Queens Quay E 323, Toronto C08

Total Monthly Obligation $6,379

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
25d
Score
15
Yield
4.6%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-C13834598
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 28, 2026
Style-Apartment
Building Type-Condo Apartment
Age-6-10
Taxes-$6,480.52 (2025)
Maintenance-$1,000.26/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE ASSOCIATES
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

Corner Unit! Dual balconies with wrap around windows and great sun exposure. Welcome to luxury living at Pier 27! This stunning corner unit offers over 1,200 sq/ft of upgraded space with 2 bedrooms, 2 bathrooms, and breathtaking northwest views including partial water vistas. Enjoy an open-concept layout, two balconies, premium finishes, and a serene primary suite. The building is impeccably maintained, offering world-class amenities, and is steps to waterfront trails, shops, and dining. Includes dedicated parking, perfect blend of elegance, convenience, and Toronto's vibrant waterfront lifestyle!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$920,000
Land Transfer Taxes$19,475
Legal Fees (Est.)
$
Total cash required for closing$250,975

Total Monthly Obligation

$6,379/mo
Mortgage $4,639
Monthly Loss $5,158
Principal$1,221
Interest$3,418
Property Tax$540
Condo Fees$1,000
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.7%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$52,812/yr
NOI
$26,647/yr
Net Cash Flow
-$2,418/mo
Cash Margin
-54.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo23
Risk Index
15.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 29 Queens Quay E 323

Time

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Data last updated within the past 24 hours.