218 Queens Quay Boulevard W 2103, Toronto C01

$749,000
218 Queens Quay Boulevard W 2103

$749,000

New
3d
Condo ApartmentApartment

218 Queens Quay Boulevard W 2103, Toronto C01

Total Monthly Obligation $4,446

Bed+Den
3+1
Baths
2
Park
0
Sqft
800-899
DOM
3d
Score
17
Yield
5.4%
Cash on Cash
-6.4%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-C14096958
Bed+Den-3+1
Bathrooms-2
Size-800-899 sqft
Listed on site-Oct 20, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$3,567.99 (2026)
Maintenance-$927.55/mo
Locker-Owned
Parking-None
Basement-None
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-ADMIRAL REALTY INC.
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

Wake Up To Breathtaking Lake Views In A Condo That Brings Waterfront Living To Your Doorstep! Welcome to 218 Queens Quay Boulevard West, Suite 2103, a beautifully updated 2-bedroom plus solarium residence in Waterclub III offering approximately 834 sq. ft. of sophisticated waterfront living with southeast exposure and captivating lake & harbourfront views. Hardwood flooring flows throughout the interior, while the stylish kitchen features granite countertops, a mirrored backsplash, pot lights, stainless steel appliances and a centre island. The inviting living room showcases distinctive coffered concrete ceilings and a walkout to the open balcony, while the bright solarium is multipurpose and can be used as an office, it offers large windows overlooking Toronto's Central Harbourfront. The primary bedroom features sliding doors, a double closet, pot lights and a private 4-piece ensuite, complemented by a second bedroom with new hardwood flooring & crown moulding. A 4-piece bathroom and a convenient in-suite laundry closet completes the home. One owned locker is also included. Enjoy exceptional building amenities, including 24-hour concierge service, a rooftop deck with community BBQs, indoor and outdoor pools, a sauna, guest suites, games room, party and meeting room and exercise facilities. Ideally situated in the heart of downtown Toronto, steps from Harbourfront Centre, the Waterfront Trail and new home of the Ontario Science Centre, with nearby parks Harbour Square Park, Sugar Beach, Roundhouse Park & local attractions like the CN Tower, Rogers Centre and Ripley's Aquarium nearby. Schools nearby like Waterfront School, the University of Toronto, Toronto Metropolitan University & more are also easily accessible. Union Station provides convenient connections to the TTC, GO Transit and UP Express, while the Jack Layton Ferry Terminal provides access to the Toronto Islands like Centre Island. The Gardiner Expressway in close proximity for easy travel across the GTA.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$4,446/mo
Mortgage $3,021
Monthly Loss $3,651
Principal$795
Interest$2,226
Property Tax$297
Condo Fees$928
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.6%21
10-Year IRR
8.9%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,596/yr
NOI
$19,438/yr
Net Cash Flow
-$1,401/mo
Cash Margin
-41.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.2/ 100

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

Comparables

Properties near 218 Queens Quay Boulevard W 2103

Time

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Data last updated within the past 24 hours.