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Unit 507 at Pier 27 Condos Ph1

Sold

29 Queens Quay E 507, Toronto C01, ON M5E 0A4

MLS #C9033252

$2,500,000

Sold on August 29, 2024

August 29, 2024

Originally listed at $2,598,000 15 days on market

About This Property

Very Rarely Offered Luxury Right On The Lake @Pier 27!! Corner Unit with Spectacular Unobstructed S & SE Lake Views!! Right at the Base of Yonge St, Best of the Lake & City. Designer Decorated This Year! Updated Premium Lighting Throughout, Premium Hardwood Floors Throughout, Contemporary Kitchen with Top of the Line Appliances, Floor to Ceiling Wrap Around Windows, 2 Large Balconies, 10 ft Ceilings, Double Sided Fireplace, Custom Closets, Large Den/Office Can be Used as 3rd Bedroom, Separate Laundry Room, 2 New HVAC Units, 2 Parking Spots & 1 Locker. Resort Style Amenities, Health Club, Spa, Indoor & Outdoor Pools, Party/Dining Lounges, Movie Theatre & Patios. Close to Public Transportation & Amenities, Pet Friendly Building, BBQ's Allowed, Move In Ready & Priced To Sell, Don't Miss Out!!

Investment Analysis

$8,291
Est. Monthly Rent
Based on $4/sqft
3.83%
Gross Yield
Before expenses
2.61%
Net Yield
After expenses
26.1
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1680/mo) and property tax ($11,645/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,326/sqft
Pier 27 Condos Ph1
$1,132/sqft+17.2%
Waterfront Communities C8
$1,012/sqft+31.1%
Toronto C08
$884/sqft
Building PSF Range
$909$1,385

Premium Pricing

This unit is priced 17.2% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 26 sales and 78 leases in this building. Unit size estimated at 1960 sqft.

Property Details

Bedrooms

3

Bathrooms

3

Square Feet

1,960 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-2509
MLS Size1800-1999
Listed OnJul 10, 2024
Maintenance Fees$1,680/month
Property Tax$11,645/year

Property Details Available

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Rooms

NameSize (m)Size (ft)Features
Living Room(Flat)6.41 x 5.9121.0 x 19.4-
Living Room(Flat)6.41 x 5.9121.0 x 19.4-
Living Room(Flat)6.41 x 5.9121.0 x 19.4-
Living Room(Flat)6.41 x 5.9121.0 x 19.4-
Dining Room(Flat)6.42 x 4.2721.1 x 14.0-
Dining Room(Flat)6.42 x 4.2721.1 x 14.0-
Dining Room(Flat)6.42 x 4.2721.1 x 14.0-
Dining Room(Flat)6.42 x 4.2721.1 x 14.0-
Kitchen(Flat)5.02 x 3.7916.5 x 12.4-
Kitchen(Flat)5.02 x 3.7916.5 x 12.4-
Kitchen(Flat)5.02 x 3.7916.5 x 12.4-
Kitchen(Flat)5.02 x 3.7916.5 x 12.4-
Primary Bedroom(Flat)4.96 x 4.1716.3 x 13.7-
Primary Bedroom(Flat)4.96 x 4.1716.3 x 13.7-
Primary Bedroom(Flat)4.96 x 4.1716.3 x 13.7-
Primary Bedroom(Flat)4.96 x 4.1716.3 x 13.7-
Bedroom 2(Flat)3.88 x 3.0912.7 x 10.1-
Bedroom 2(Flat)3.88 x 3.0912.7 x 10.1-
Bedroom 2(Flat)3.88 x 3.0912.7 x 10.1-
Bedroom 2(Flat)3.88 x 3.0912.7 x 10.1-
Den(Flat)4.17 x 3.1513.7 x 10.3-
Den(Flat)4.17 x 3.1513.7 x 10.3-
Den(Flat)4.17 x 3.1513.7 x 10.3-
Den(Flat)4.17 x 3.1513.7 x 10.3-
Laundry(Flat)2.01 x 1.946.6 x 6.4-
Laundry(Flat)2.01 x 1.946.6 x 6.4-
Laundry(Flat)2.01 x 1.946.6 x 6.4-
Laundry(Flat)2.01 x 1.946.6 x 6.4-

Room Dimensions Available

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Unit 507 History

Complete transaction history for this unit

Terminated

Listed: Apr 10, 2024

$2,750,000

91 days on marketSale
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Price History

Original List Price

$2,598,000

Listed on Jul 10, 2024

Sold Price

$2,500,000

Sold on Aug 29, 2024

-$98,000

-3.8%

15 days on market

Price History Available

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Available For Sale in This Building

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 507 at Pier 27 Condos Ph1

Unit 507 is a residential condo & other with 3 bedrooms, 3 bathrooms spanning approximately 1800-1999 square feet located at Pier 27 Condos Ph1, 29 Queens Quay E, Toronto. This unit is currently sold (sold for $2500K).

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.

Keywords: Unit 507 Pier 27 Condos Ph1 Toronto C08

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