250 Queens Quay W 301, Toronto C01

$599,000
250 Queens Quay W 301

$599,000

New
2d
Condo ApartmentApartment

250 Queens Quay W 301, Toronto C01

Total Monthly Obligation $3,789

Bed+Den
2+1
Baths
1
Park
1
Sqft
800-899
DOM
2d
Score
18
Yield
6.4%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Condo Apartment
MLS® Number-C14102166
Bed+Den-2+1
Bathrooms-1
Size-800-899 sqft
Listed on site-Oct 21, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,813 (2025)
Maintenance-$938.79/mo
Locker-Exclusive
Parking-1 - Other
Basement-None
Heating-Heat Pump (Electric)
Brokerage-RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flex 15-60 days
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

GORGEOUS UPDATED AND BRIGHT LAKEVIEW CONDO WITH UNMATCHED CONVENIENCE! Welcome to your dream oasis overlooking the water! This beautifully renovated, 854 sq ft one bedroom with open den, corner unit offers a perfect blend of modern luxury and unparalleled daily convenience. This stunning unit is completely move-in ready and shows beautifully. Take in unobstructed vistas of Lake Ontario right from your living space and enjoy peaceful views overlooking the adjacent parkette. Experience incredible natural light throughout the day, showcasing the bright, airy design. AN ULTRA-RARE FIND: NO ELEVATORS REQUIRED with both your parking space and storage locker located on the same floor as your unit! The Exclusive Parking spot is in a secure, covered above ground lot situated directly beside the building's entrance door with seamless access straight from your car, through the entrance door, down a short hall and right into your unit. This level of accessibility is incredibly rare and highly sought after. Renovated Kitchen with premium quartz countertops and a sleek, modern finish overlooks lake. Brand-new, durable vinyl flooring flows seamlessly through the main living spaces and freshly painted in a bright, neutral palette that complements any decor style. The very spacious bedroom is a tranquil retreat with an oversized closet. And the versatile den offers the perfect setup for a bright home office, a cozy reading nook or a creative space showcasing incredible southeast views of the water and green space. This home combines a highly coveted waterfront lifestyle with access to bike path right across street and a short walk to exceptional restaurants, Union Station's TTC, Go and Via Rail, Rogers Centre for Jay games/concerts or Scotiabank Arena for Leafs/Raptors games and close to the island airport. Lovely unit with south facing lake views in a well managed building with concierge/security, gym, guest suite and roof top deck with bbqs! Don't miss this rarely available unit!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,789/mo
Mortgage $2,416
Monthly Loss $3,154
Principal$636
Interest$1,780
Property Tax$234
Condo Fees$939
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.7%1
5-Year IRR
9.0%29
10-Year IRR
10.0%
Returns Index
15.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$38,112/yr
NOI
$17,822/yr
Net Cash Flow
-$931/mo
Cash Margin
-29.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.1/ 100

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

Comparables

Properties near 250 Queens Quay W 301

Time

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