29 Queens Quay E TH 114, Toronto C08

$2,099,000
29 Queens Quay E TH 114

$2,099,000

New
15d
Condo Townhouse3-Storey

29 Queens Quay E TH 114, Toronto C08

Total Monthly Obligation $11,132

Beds
2
Baths
3
Park
1
Sqft
1600-1799
DOM
15d
Score
14
Yield
3.4%
Cash on Cash
-12.5%
Cap Rate
1.9%
5Y IRR
5.8%
10Y IRR
7.1%
Property Type-Condo Townhouse
MLS® Number-C13878112
Beds-2
Bathrooms-3
Size-1600-1799 sqft
Listed on site-Oct 8, 2026
Style-3-Storey
Building Type-Condo Townhouse
Age-6-10
Taxes-$10,995.57 (2026)
Maintenance-$1,549.07/mo
Locker-Ensuite
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Concrete
Possession-60 Days/TBA
Neighbourhood-Waterfront Communities C8
Title-Residential Condo & Other

No agent assigned

This exceptional three storey executive townhome offers a rare opportunity to experience sophisticated three-level living at Pier 27 on the waterfront in downtown Toronto. As one of only eight townhomes within a private courtyard, this two-bedroom, 2.5-bath residence combines contemporary design, refined finishes, generous storage and exceptional indoor-outdoor living. Ten-foot ceilings and expansive wall-to-wall, floor-to-ceiling windows create an airy sense of scale while inviting natural light throughout. The thoughtfully designed three-level layout is served by a private elevator. The principal bedroom offers its own sitting area, creating a serene private retreat for reading, relaxing or working from home. A curated collection of premium upgrades includes Sub-Zero and Miele appliances, upgraded lighting, Hunter Douglas top-down/bottom-up blinds, upgraded heat pumps and Bluetooth thermostats for enhanced comfort and effortless climate control. Step outside to your exclusive-use patio overlooking the beautifully landscaped private courtyard. With a dedicated gas hookup for barbecuing, it is an inviting place to enjoy morning coffee, an evening glass of wine or relaxed outdoor entertaining. Pier 27 offers a resort-inspired collection of amenities, including a fully equipped fitness room , indoor/outdoor pool, guest suites, party room, theatre room, 24-hour security and visitor parking. Ideally positioned at the foot of Yonge Street, with the waterfront at your doorstep and the Financial District, Union Station, shopping, dining, theatres, LCBO, and waterfront walking/cycling trails all within easy reach. A distinctive waterfront residence for those who appreciate exceptional design, privacy, and the privilege of living where the city meets Lake Ontario

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,679,200
Land Transfer Taxes$38,950
Legal Fees (Est.)
$
Total cash required for closing$460,250

Total Monthly Obligation

$11,132/mo
Mortgage $8,467
Monthly Loss $8,904
Principal$2,228
Interest$6,239
Property Tax$916
Condo Fees$1,549
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.2%0
5-Year IRR
3.8%8
10-Year IRR
5.9%
Returns Index
5.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$72,120/yr
NOI
$32,924/yr
Net Cash Flow
-$5,723/mo
Cash Margin
-95.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.322
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo15
Risk Index
12.0/ 100

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

Comparables

Properties near 29 Queens Quay E TH 114

Time

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