600 Queens Quay W 705, Toronto C01

$819,000
600 Queens Quay W 705

$819,000

New
9d
Condo ApartmentApartment

600 Queens Quay W 705, Toronto C01

Total Monthly Obligation $4,681

Bed+Den
3+1
Baths
2
Park
1
Sqft
800-899
DOM
9d
Score
16
Yield
5.0%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Condo Apartment
MLS® Number-C14033166
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 14, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$3,406.66 (2026)
Maintenance-$893.63/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Concrete, Metal/Steel Siding
Possession-Flex Closing
Neighbourhood-Waterfront Communities C1
Title-Residential Condo & Other

No agent assigned

This Queens Harbour 2 bed suite, tucked along Toronto's downtown waterfront, blends nearly $95K in modern upgrades, custom finishings, and exposed concrete ceilings for a subtle loft-like feel. The layout is thoughtfully designed, with defined living spaces, separated bedrooms, a fully renovated shared 4pc bath, and two walk-outs to a southeast-facing balcony with lake and city views. The kitchen anchors the open concept living and dining space with a custom granite peninsula, breakfast bar, matching backsplash, and LG stainless steel appliances. The primary bedroom comfortably fits a king-size setup, features a custom walk-in closet, and a clean, modern 5pc ensuite. The second bedroom, enclosed with double doors, shifts easily between a dedicated bedroom, guest room, office, or an open extension of the living space depending on the day. Daily errands are simple, with Loblaws, Farm Boy, LCBO, Shoppers Drug Mart, and more just a short 4 minute walk away, while evenings and weekends can take you to Blue Jays or Maple Leafs games, headliner concerts, or vibrant King West restaurants all within 20 minutes on foot. TTC streetcar service runs right outside the building with a direct 15-20 minute connection to Union Station transit lines. Well-managed building with all utilities included in maintenance fees - water, heat, central A/C, hydro, common elements, building insurance, one parking space and a good-sized locker.

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

Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,681/mo
Mortgage $3,304
Monthly Loss $3,812
Principal$869
Interest$2,434
Property Tax$284
Condo Fees$894
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.1%19
10-Year IRR
8.5%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$40,968/yr
NOI
$20,341/yr
Net Cash Flow
-$1,609/mo
Cash Margin
-47.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.4/ 100

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

Comparables

Properties near 600 Queens Quay W 705

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.