| CAC Included | |
| Common Elements Included | |
| Building Insurance Included |


1616 - 215 Queen Street W
Waterfront Communities C1, Toronto
$329,000
Turnkey opportunity in the heart of downtown Toronto! Welcome to 215 Queen St - a smartly designed studio suite in a high-demand location, ideal for both investors and first-time buyers looking to enter the market. This efficient open-concept layout maximizes every inch of space, featuring large windows, modern finishes, and a sleek kitchen with ample storage. Fantastic entry point for buyers seeking a low-maintenance urban lifestyle in a prime location. Unmatched Location & Future Growth Potential * Right Next to Major Subway Station for 2 Subway Lines (Line 1 Osgoode Station & New Ontario Line Station (Major Upside*) High Demand Area with Starbucks in the Building* Steps to Nathan Philip Square, Theatres, Shops, Schools & Top Restaurants, Walk to Union Station in 15 minutes, Up Express to Pearson, CN Tower & Major Sports Stadiums. 24 Hours Concierge, Fitness Centre, Party Room, Bookable Patio with BBQs. This is a location that continues to drive strong demand and long-term value. Whether you're building your portfolio or looking for your first home in the downtown core, this is an opportunity not to be missed.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 6-10 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $229 |
| Locker | None |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | $1,825 |
| mls© Number | C13836430 |
| Listed By | PROPERTY.CA INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $1,684
- Property tax
- $152
- Heat allowance
- $150
- Condo fees, half counted
- $115
- Housing costs
- $2,101 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$65,000
gross annual household income
- Payment at 4%
- $1,384 / mo
- Cash down
- $65,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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