208 Queens Quay W 1705, Toronto C01

$449,000
208 Queens Quay W 1705

$449,000

New
8d
Condo ApartmentApartment

208 Queens Quay W 1705, Toronto C01

Total Monthly Obligation $2,874

Beds
1
Baths
1
Park
1
Sqft
500-599
DOM
8d
Score
19
Yield
6.3%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Condo Apartment
MLS® Number-C14088846
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 15, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$2,938.8 (2026)
Maintenance-$617.89/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SAGE REAL ESTATE LIMITED
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-60 D/TBA
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

Welcome to the WaterClub Condominiums and this 553 sq.ft. 1-bedroom unit with stunning unobstructed south views over Lake Ontario and marina. Hardwood and limestone (foyer and kitchen) flooring, the spacious bedroom with a walk/in closet. Renovated 4-pc bathroom, 2025 washer/dryer. Steps to Harbourfront, Union Station, TTC, Shopping, Theatres, The Financial and Entertainment Districts. Rogers Centre and Scotiabank Arena nearby. Fabulous recreational facilities including a Fitness Centre, sauna, indoor and outdoor pools, party rooms. 24-hrConcierge. 1 parking space comes with the unit.

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

Closing Costs

Mortgage Amount
$359,200
Land Transfer Taxes$5,455
Legal Fees (Est.)
$
Total cash required for closing$96,755

Total Monthly Obligation

$2,874/mo
Mortgage $1,811
Monthly Loss $2,397
Principal$477
Interest$1,335
Property Tax$245
Condo Fees$618
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.5%26
10-Year IRR
9.6%
Returns Index
14.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$28,224/yr
NOI
$12,648/yr
Net Cash Flow
-$757/mo
Cash Margin
-32.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
27.2/ 100

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

Comparables

Properties near 208 Queens Quay W 1705

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.