
803E- 460 Queens Quay Way, Toronto C01
Toronto C01
$2,018,880
Cash flow, cap rate & mortgage breakdown
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Listed by RE/MAX ESCARPMENT REALTY INC.
Investment Analysis
Key Facts
Type
Condo Apartment
Bedrooms
2
Bathrooms
2
Days on Market
39
Price Drop
1%
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
$3,550/mo
Estimated from market price-to-rent ratios
Remarks
Welcome to Suite 803E at 460 Queens Quay West, an exceptional waterfront residence offering nearly 1,800 sq. ft. of impeccably renovated living space. This stunning south-facing suite features 2 bedrooms, 2 full bathrooms, & breathtaking unobstructed views of Lake Ontario, the Toronto Islands, & the city's vibrant waterfront from virtually every room. Designed for both comfort and sophistication, the expansive principal living spaces flow seamlessly to a large private terrace, creating the perfect setting to relax or entertain while enjoying panoramic lake views. The custom-designed chef's kitchen showcases premium Miele appliances, elegant cabinetry, and a striking waterfall island. The luxurious primary retreat features a spa-inspired five-piece marble ensuite, a walk-in closet with custom solid walnut built-ins, & a private sitting area overlooking the water. The versatile second bedroom offers atrium-style windows, a built-in Murphy bed, dedicated office space, and direct terrace access. Extensive upgrades throughout include engineered hardwood flooring, custom wood doors, pot lighting, & a built-in entertainment centre with fireplace. Residents enjoy an outstanding collection of resort-style amenities, including an indoor pool, saline hot tub, fitness centre, outdoor tennis court, driving range, beautifully landscaped terraces with skyline and waterfront views, & multiple BBQ areas. This pet-friendly building is ideally situated directly across from the Music Garden & the Martin Goodman Trail, providing endless opportunities to enjoy Toronto's renowned waterfront lifestyle. Just steps from waterfront restaurants, cafés, and entertainment, & within walking distance to the Rogers Centre, Scotiabank Arena, Exhibition Place, the new Ontario Place, & seasonal water taxis to the Toronto Islands. With convenient access to transit, downtown attractions, & FIFA World Cup festivities, this is waterfront living at its finest.
MississaugaInvestor.ca
803E- 460 Queens Quay Way
Condo Apartment · 2bd/2ba · ~1,700 sqft
$2,018,880
Cash-Flow Report · July 31, 2026
Cap Rate
-0.08%
Monthly Cash Flow
-$9,432/mo
Estimated Rent
$3,550/mo
Cash-on-Cash
-25.51%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$3,550 |
| Mortgage | −$9,293 |
| Property Tax | −$1,598 |
| Insurance | −$225 |
| Condo Fee | −$1,688 |
| Vacancy (5%) | −$178 |
| Cash Flow | -$9,432/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$42,600 |
| Vacancy (5%) | −$2,130 |
| Property Tax | −$19,179 |
| Insurance | −$2,700 |
| Condo Fee | −$20,256 |
| Annual NOI | $-1,665 |
| Cap Rate | -0.08% |
Cash Required to Close
| Down Payment (20%) | $403,776 |
| Ontario Land Transfer Tax | $36,947 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $443,723 |
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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