
2206- 10 Queens Quay, Toronto C01
Toronto C01
$1,535,000
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ULTIMATE REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
4
Bathrooms
3
Days on Market
69
Price Drop
6%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,650/mo
Estimated from market price-to-rent ratios
Remarks
**Rarely Available on Toronto's Waterfront** Excellent South View of the Lake**Offering 1700 Glorious sq ft with this Stunning Corner Suite, Soaring 9 ft Ceiling. Spectacular South and West Views See Beyond the Island. High Floor & True Queens Quay Location. Walk to Financial District, PATH, Scotiabank & Rogers Centre, Union Station & Waterfront Boardwalk. Entrance Foyer has Custom Closets. Spacious Principal Rooms. Modern Bedrooms and Chic Renovated Bathrooms. Renovated Eat-in kitchen w/ Fabulous South View complete w/ Top-of-The-Line Appliances & Finishes: Quartz Countertops, Extensive Leicht Designer Kitchen Cabinetry & Nolte Cupboards. Prime Bedroom retreat w/ His & Hers W-I Closets. Ensuite w/ Step-in Shower. 2nd Bdrm also has an Ensuite, 2 Dens/Office. Excellent layout includes a massive living room that's ideal for both entertaining and everyday comfort. Engineered Hardwood Floors & Floor-To-Ceiling Windows, Tons of Natural Light Into The Entire Home. $$$ spent on Upgrades and Renovations. Each Bedroom offers its own Den. Spacious Laundry Room. Designed Cabinetry in Foyer. Enjoy Resort-Style Amenities, Including Indoor & Outdoor Pool, Whirlpool, Visitor Parking, Large Gym, Guest Suites, Golf Simulator, Squash & Basketball Courts, Ping-Pong Room, Games Room, Rooftop Terrace w/BBQ & so much More. Well-managed Building, Excellent Security. The Most Desirable Waterfront Community is At Your Door: Toronto's Harbourfront, Convenient Grocery Store & Restaurant Right Next Door. Near CN Tower, Union Station & Toronto's Vibrant St Lawrence Market & Entertainment District. **All Utilities + Wifi, Water, Amenities, Cable & Hydro Included In Maintenance Fees. Visitors Parking. Best of City Living! Steps away from Excellent restaurants, cafes, shopping, TTC, Billy Bishop Island Airport all walking distance. Whether you love relaxed lakeside strolls, urban conveniences, or dynamic city life, this location has it all. Show Your Best Client.
MississaugaInvestor.ca
2206- 10 Queens Quay
Condo Apartment · 4bd/3ba · ~1,700 sqft
$1,535,000
Cash-Flow Report · August 3, 2026
Cap Rate
-0.35%
Monthly Cash Flow
-$7,507/mo
Estimated Rent
$3,650/mo
Cash-on-Cash
-26.72%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,650 |
| Mortgage | −$7,065 |
| Property Tax | −$1,215 |
| Insurance | −$225 |
| Condo Fee | −$2,469 |
| Vacancy (5%) | −$183 |
| Cash Flow | -$7,507/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$43,800 |
| Vacancy (5%) | −$2,190 |
| Property Tax | −$14,583 |
| Insurance | −$2,700 |
| Condo Fee | −$29,628 |
| Annual NOI | $-5,301 |
| Cap Rate | -0.35% |
Cash Required to Close
| Down Payment (20%) | $307,000 |
| Ontario Land Transfer Tax | $27,175 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $337,175 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
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