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Unit 323 at Pier 27 Condos Ph1

For Sale

29 Queens Quay E 323, Toronto, ON M5E 0A4

MLS #C12896968

$1,198,900

Listed Price

About This Property

Corner Unit! Dual balconies with wrap around windows and great sun exposure. Welcome to luxury living at Pier 27! This stunning corner unit offers over 1,200 sq/ft of upgraded space with 2 bedrooms, 2 bathrooms, and breathtaking northwest views including partial water vistas. Enjoy an open-concept layout, two balconies, premium finishes, and a serene primary suite. The building is impeccably maintained, offering world-class amenities, and is steps to waterfront trails, shops, and dining. Includes dedicated parking, perfect blend of elegance, convenience, and Toronto's vibrant waterfront lifestyle!

Investment Analysis

$5,499
Est. Monthly Rent
Based on $4/sqft
5.5%
Gross Yield
Before expenses
3.96%
Net Yield
After expenses
18.2
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1000/mo) and property tax ($6,481/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$922/sqft
Pier 27 Condos Ph1
$1,132/sqft-18.5%
Waterfront Communities C8
$1,012/sqft-8.9%
Toronto C08
$884/sqft
Building PSF Range
$909$1,385

Below Market Value

This unit is priced 18.5% below the building average of $1,132/sqft. With a 3.96% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 26 sales and 78 leases in this building. Unit size estimated at 1300 sqft.

Property Details

Bedrooms

2

Bathrooms

2

Square Feet

1200-1399 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerNo
Heating TypeHeat Pump
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2509
MLS Size1200-1399
Listed OnMar 17, 2026
Maintenance Fees$1,000/month
Property Tax$6,481/year

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Unit 323 History

Complete transaction history for this unit

Terminated

Listed: Jul 21, 2025

$1,199,000

238 days on marketSale
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1 More Transactions Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePier 27 Condos Ph1
Address29 Queens Quay E, Toronto
Parking TypeUnderground

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About Unit 323 at Pier 27 Condos Ph1

Unit 323 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 1200-1399 square feet located at Pier 27 Condos Ph1, 29 Queens Quay E, Toronto. This unit is currently for sale at $1199K.

About Pier 27 Condos Ph1

Pier 27 Condos Ph1 is located at 29 Queens Quay E, Toronto in Toronto C08. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Waterfront Communities C8 Neighbourhood

This unit is located in Waterfront Communities C8, part of Toronto C08 in the Toronto area. Explore more condos for sale and rent in this community.

Part of Pier 27 Condos

Pier 27 Condos Ph1 is part of the Pier 27 Condos development. Explore all buildings and available units within this prestigious multi-building community.

Whether you're looking to buy, sell, or rent at Pier 27 Condos Ph1, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

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