$595,000
230 Queens Quay W 1726, Toronto, ON M5J 2Y7
Waterfront Communities C1 · Toronto · M5J 2Y7
Listing brokerage: ROYAL LEPAGE SIGNATURE REALTY
- Beds
- 1
- Baths
- 1
- Sq ft
- 500–599
- Parking
- 1
Monthly costs
Maintenance
$610/mo
$1.11 per sq ft
Property taxes
$218/mo
$2,616 a year (2026)
About $828 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Heat
- Covered: Hydro
- Covered: Water
- Covered: Parking
- Covered: Common Elements
- Covered: Building Insurance
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- North West
- Parking
- 1 spot · Underground
- Locker
- None
- Balcony
- Terrace
- Laundry
- Ensuite
- Possession
- Flexible/TBD
The building
The Riviera
230 Queens Quay W · The Waterfront
- 4 for rent
- 24 floors
- 517 suites
About this home
Turnkey Downtown Toronto Investment Opportunity! This spacious, thoughtfully designed 580 sq. ft. one-bedroom suite is already tenant-occupied and generating $2,550 per month-an excellent opportunity for investors seeking immediate rental income from day one. The bright, functional layout maximizes every square foot, offering comfortable living and entertaining space with no wasted area. Step outside onto the oversized private balcony and enjoy impressive views of the CN Tower, all from an exceptional downtown location across the street from Toronto's waterfront. Surrounded by the best of city living, this well-positioned condo offers lasting appeal to both tenants and investors. Purchase a desirable Toronto property with reliable rental income already in place!
All details23 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Rooms
- 3
- Size
- 500-599 sq ft
Building & Amenities
- Floor
- 14
- Property management
- Riviera Office - [email protected]
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Ground Source
- Cooling
- Central Air
Parking
- Covered spaces
- 0
Exterior & Lot
- Style
- Apartment
- Exterior
- Concrete
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13759878
- Type
- Condo Apartment
- Transaction
- For Sale
- Original price
- $610,000
- Neighbourhood
- Waterfront Communities C1
- Cross streets
- Queens Quay & Lower Simcoe
Rooms · 4Living Room, Dining Room, Primary Bedroom, Washroom
Living Room
Flat
4.42 × 4.54 m · 14′6″ × 14′11″
W/O To Balcony, Combined w/Dining, Hardwood Floor
Dining Room
Flat
4.42 × 4.54 m · 14′6″ × 14′11″
Combined w/Living, Hardwood Floor
Primary Bedroom
Flat
2.93 × 3.54 m · 9′7″ × 11′7″
Laminate, Closet, Window
4-piece washroom
Flat
History
Past listings and sales for this home and building.
Location
230 Queens Quay W 1726, Toronto, ON M5J 2Y7 · Near Queens Quay & Lower Simcoe
Monthly cost
Estimated monthly cost
$3,463/mo
- Mortgage
- $2,635
- Property tax
- $218
- Maintenance
- $610
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$138,083
$119,000 down + $19,083 to $20,333 in closing costs
- Ontario land transfer tax
- $8,375
- Toronto land transfer tax
- $8,375
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $129
- Condo fee adjustment
- $354
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
Other homes in The Riviera
4
$2,500/mo
Unit 527
1 bd · 1 ba · 600-699 sq ft
Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$4,500/mo
Unit 2019
2 bd · 2 ba · 900-999 sq ft
Listing brokerage: ICI SOURCE REAL ASSET SERVICES INC.
$2,500/mo
Unit 1119
1 bd · 1 ba · 500-599 sq ft
Listing brokerage: PINE REAL ESTATE
$3,200/mo
Unit 618
1 bd · 1 ba · 500-599 sq ft
Listing brokerage: ROYAL HOMES AND CONDOS REALTY
The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
$595,000
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