Active opportunities

Curated properties in global markets.

Each listing is vetted for fundamentals, fully underwritten, and ready for direct ownership. Filter by market, asset type, or budget — or tell us what you're looking for and we'll open our off-market pipeline.

212 - 70 QUEENS WHARF ROAD, Toronto, Ontario · Toronto, Canada · RInvestments

All properties

Toronto, Canada

212 - 70 QUEENS WHARF ROAD, Toronto, Ontario

3 bed · 2 bath · 1,000 sqft · Apartment property in Toronto, Ontario imported from Realtor.ca.

Available

Asking price

US$657,120≈ C$888,000 native

All-in. No markup. Refundable reservation deposit.

Reserve this property

212 - 70 QUEENS WHARF ROAD, Toronto, Ontario photo 1

Projected ROI

11.2%

Monthly cashflow

$285

Annual appreciation

4.8%

Asset class

Apartment

Property features

Features

Bedrooms

3 bedrooms

Bathrooms

2 full bathrooms

Living area

1,000 sqft interior

The neighbourhood

Queens Wharf Road sits at the intersection of CityPlace, King West, and the Toronto waterfront — one of the densest renter-occupied submarkets in Canada. Canoe Landing Park, the TTC 509/510 streetcar, the Gardiner on-ramp, and a five-minute walk to Union Station and the Financial District make this a true zero-car location. Loblaws, the Toronto Public Library branch, and Canoe Landing Community Recreation Centre anchor daily life within the building's catchment.

The property

Suite 212 at 70 Queens Wharf delivers a rare 3-bedroom, 2-bathroom layout across 1,000 sqft — a floor plan that has functionally disappeared from new Toronto supply, where average new-build units now sit closer to 640 sqft. The low-floor podium level reduces price-per-square-foot exposure while preserving full access to the building's amenity stack. The unit appeals equally to young families priced out of freeholds and to sharers willing to pay a premium for three true bedrooms downtown.

The investment case

At $888 per sqft, this suite is acquired meaningfully below the CityPlace 3-bed average and well below current downtown replacement cost, which developers peg north of $1,400 per buildable foot. The 3-bedroom configuration commands $4,200–$4,600 per month in the current rental market, producing stronger gross yields than the 1-bed product that dominates the area. As pre-construction supply collapses through 2027–2028, standing 3-bed inventory in the core should experience disproportionate rent and price pressure.

Listing data

Property details.

Every figure here is sourced directly from the listing data.

Address: 212 - 70 Queens Wharf Road · Toronto, ON M5V 0J2
List price: $888,000 CAD
Living area: 1,000 sqft
Property type: Apartment · 3 bed / 2 bath

Why we picked this

The investment thesis.

01Scarcity

3-bed downtown supply is structurally shrinking

Fewer than 8% of new Toronto condo completions over the past five years have been true 3-bedrooms. As developers retreat from large-format units to hit end-user price points, existing 1,000 sqft 3-beds become a scarcity-protected asset class.

02Location

Walk Score 97, Transit Score 100

The property sits inside the Union-King-CityPlace triangle, with the under-construction Ontario Line and existing TTC streetcar network at the door. Tenant demand here is driven by Financial District employers, MaRS, and the Waterfront tech corridor — a deep, high-income renter pool.

03Basis

Acquired below replacement cost

Market analysis

Why this market, why now.

Toronto's downtown condo market is in the middle of a well-documented reset, with list prices off their 2022 peak and absorption slow across the 1-bed segment. That headline softness masks a very different picture for family-sized suites: 3-bedroom inventory below the Gardiner is thin, and rental demand for it has never been stronger. CMHC's most recent rental market report pegs Toronto CMA vacancy at 1.4%, with 3-bedroom apartment vacancy tighter still. The supply side reinforces the thesis. Pre-construction starts in the City of Toronto fell more than 60% year-over-year in 2025, and the projects that are proceeding are overwhelmingly investor-scale 1-beds and studios. Completions through 2028 are effectively locked in, and very few of those completions will be 3-bedroom product. Standing inventory like 70 Queens Wharf benefits directly from this dynamic. On the demand side, the Financial District has recovered to 75%+ office occupancy, immigration-driven household formation continues to outpace housing completions, and the Ontario Line's progress is pulling forward willingness to pay in this exact corridor. Our base case underwrites 3–4% annual rent growth and 4–5% annual price appreciation off a trough-adjusted 2026 basis.

$888/sf

Entry basis · vs. $1,100+/sf CityPlace 3-bed avg

1.4%

Toronto CMA rental vacancy (CMHC)

<8%

Share of new condo supply that is 3-bedroom

Monthly cashflow projection

A year-by-year view of expected monthly distributions, with labels placed above the bars so the trend is readable at a glance.

Starting

$285

Projected monthly cashflow at the beginning of the hold.

Stabilized

$845

Projected monthly cashflow by the end of the model.

Growth

196.5%

Increase across the forecast period.

ROI contribution

Each return driver is separated, labeled outside the bar area, and colored distinctly so the contribution stack is easier to compare.

Top driver

Appreciation

4.8% of modeled annual return.

Total model ROI

11.2%

Combined contribution across all listed drivers.

Market cap rate comparison

The subject asset is highlighted against the comparison set so the relative yield position is immediately visible.

This asset

4.3%

This property

Peer average

4.2%

Average across the comparison set.

Spread

0.1%

Difference versus peer average.

Projected appreciation curve

A larger area chart makes the value trajectory easier to scan across the full holding period.

Entry value

$888K

Modeled starting property value.

Exit value

$1.4M

Projected value at the end of the model.

Value lift

$468K

Estimated appreciation across the hold.

Annual expense breakdown

A donut chart shows the mix, while the ranked list keeps every label readable outside the graphic.

Annual expenses

$1,710

Modeled annual operating cost.

Largest line item

Condo fees

$820 annually.

Expense mix

Condo fees48%

Property tax28.9%

Management12.6%

Insurance · maintenance reserve10.5%

Scenario comparison

Cashflow and annual return use separate axes, so dollars and percentages no longer compete on the same scale.

Scenarios

Return cases modeled side-by-side.

Next steps

Interested? Get the full picture first.

We will confirm availability, share the underwriting pack, and walk through fit, reservation terms, and any better alternatives before you make a decision.

Protected until the numbers make sense

Refundable reservation deposit until underwriting is approved.
Title registered directly in your name or chosen entity.
Funds flow through regulated escrow only.

Fit check

We confirm your goals, timeline, and whether this property is still a match.

Underwriting pack

You get assumptions, comps, operating notes, and reservation terms before committing.

Reserve when ready

A refundable hold starts only after you are comfortable with the numbers.

Keep exploring

More properties to consider.

View all →

150 Myrtle Ave Apt 2706, Brooklyn, NY photo 1

AvailableFeatured