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Unit 408 at Pier 27 Condos Ph3

For Sale

15 Queens Quay E 408, Toronto, ON M5E 0C5

MLS #C13468162

$648,000

Listed Price

About This Property

The best of the lake life in a luxury Pier 27 Condo. Bright and spacious 1 bedroom + den with a lake view, 549 sq ft + balcony, excellent layout with no space wasted. Tenant currently using primary bedroom as a home office and the den as a bedroom. Yes, the den is big enough to be a bedroom. Modern kitchen w/quartz countertops, mosaic backsplash and built-in appliances. Luxury amenities, only for the residents of 15 Queens Quay, include: indoor pool, gym, sauna, roof-top outdoor pool with BBQ area, theatre/media room. party room. billiard room, 24 hr concierge and security. Steps to Union station with Go train and Subway, Ferry to the island, banks, LCBO, grocery stores, St Lawrence market, Front street, Financial district, Sugar beach and marina. Walk score 97/100.

Investment Analysis

$2,460
Est. Monthly Rent
Based on $4/sqft
4.56%
Gross Yield
Before expenses
3.26%
Net Yield
After expenses
22
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($469/mo) and property tax ($2,745/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,180/sqft
Pier 27 Condos Ph3
$1,249/sqft-5.5%
Waterfront Communities C8
$1,012/sqft+16.6%
Toronto C08
$884/sqft
Building PSF Range
$931$1,692

Below Market Value

This unit is priced 5.5% below the building average of $1,249/sqft. With a 3.26% net yield after expenses, this could be a strong investment opportunity.

Analysis based on 14 sales and 155 leases in this building. Unit size estimated at 549 sqft.

Property Details

Bedrooms

2

Bathrooms

1

Square Feet

549 sqft

Property Type

Residential Condo & Other

ParkingNo
Parking TypeNone
LockerNo
Heating TypeForced Air
StyleApartment
Ensuite LaundryNo
Corp #TSCC-2850
MLS Size500-599
Listed OnJun 18, 2026
Maintenance Fees$469/month
Property Tax$2,745/year

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Living Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Dining Room(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Kitchen(Main)7.79 x 3.0425.6 x 10.0-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Primary Bedroom(Main)3.43 x 2.5611.3 x 8.4-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-
Bedroom 2(Main)2.56 x 1.758.4 x 5.7-

Unit 408 History

Complete transaction history for this unit

Leased

Leased: Aug 31, 2024

$2,550/mo

32 days on marketLease
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2 More Transactions Available

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OQ

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OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePier 27 Condos Ph3
Address15 Queens Quay E , Toronto
Parking TypeNone

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About Unit 408 at Pier 27 Condos Ph3

Unit 408 is a residential condo & other with 2 bedrooms, 1 bathroom spanning approximately 500-599 square feet located at Pier 27 Condos Ph3, 15 Queens Quay E , Toronto. This unit is currently for sale at $648K.

About Pier 27 Condos Ph3

Pier 27 Condos Ph3 is located at 15 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 Ph3 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 Ph3, 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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