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    Toronto / Downtown / The Waterfront

    2005 - 228 Queens Quay W

    For SaleThe Riviera
    $779,000
    Price Cut: $799,000
    1 Bed + 1
    1 Bath
    1 Parking
    760 SQFT
    24 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $730/mth
    Taxes:
    $3,300 (2024)
    Cost Per Sqft:
    $1,025/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Combined with Dining, Laminate, Walkout To Balcony
    14.99 x 10.99ft
    Dining
    Combined with Living, Laminate, Open Concept
    14.99 x 10.99ft
    Den
    Laminate, Closet
    7.97 x 8.99ft

    About this Listing

    Gorgeous and rarely available unit in the highly coveted "Riviera" building on Toronto's prime Harbourfront! This meticulously renovated One Bedroom + Den offers a spacious and functional layout with rare full size kitchen featuring quartz countertops, stainless steel appliances and plenty of storage space! Generous living/dining space is flooded with natural light and provides comfortable living with walk-out to balcony and gorgeous lake views! Large bedroom with extra overhead storage! Large den can be used as second bedroom! PLUS - Prime waterfront location! Steps to transit, shopping, dining, venues! This unit has it all!

    ExtrasLocker + prime parking spot near elevator!

    re/max condos plus corporationMLS® #C9768338

    Amenities

    Indoor Pool
    Party Room
    Visitor Parking
    Concierge
    Gym Room
    Sauna

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    The Riviera vs The Waterfront Area

    Building Trends At The Riviera

    Days on Strata

    Units at The Riviera spend an average of
    23
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    50
    Units were Rented over the past twelve months

    Best Value Rank

    The Riviera offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    The Riviera has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    The Riviera yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    The Riviera is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 228 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$528,000 - $650,000No DataNo Data$1,080,000 - $1,175,000No Data
    Avg. Cost Per SqftNo Data$1,056No DataNo Data$1,182No Data
    Avg. Wait for Unit AvailabilityNo Data37 Days135 Days56 Days128 DaysNo Data
    Ratio of Units in Building2%50%14%26%11%1%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront