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    Toronto / Downtown / The Waterfront

    506 - 39 Queens Quay E

    For RentPier 27
    $2,750/mth
    Price Cut: $2,850
    1 Bed + 1
    1 Bath
    0 Parking
    740 SQFT
    26 Days on Strata
    Est Lease Timeframe
    31 Days

    Listing History

    Unit Highlights

    Possession Date:
    February 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    None
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Heat Pump

    Room Dimensions

    Living
    Walkout To Balcony, Windows Floor to Ceiling, Combined with Kitchen
    19.59 x 10.99ft
    Den
    Open Concept, Combined with Kitchen, Combined with Br
    9.97 x 7.87ft
    Kitchen
    Built-in Appliances, Ceramic Back Splash, Stainless Steel Appliances
    11.98 x 10.99ft

    About this Listing

    Fantastic opportunity to live just steps away from Lake Ontario! Clear views of the Lake from floor to ceiling windows and spacious balcony. Modern and spacious suite with Miele appliances throughout. custom-built floor to ceiling shelving in ensuite bath. Beautiful light fixtures throughout. Ultra modern kitchen with ceramic backsplash and built in appliances. Large plus one can be used as dining or office. Resort-style amenities include indoor & outdoor pool, exercise room, concierge, guest suite, party room, visitor parking, meeting rooms and sauna. Short walk to Union Station, Toronto Island Ferries, restaurants, and night life. ** Parking Available to Rent as per Management **

    ExtrasAll existing ELF's, fridge, oven, micro, d/w, w/d, window coverings incl in lease. Fantastic floor plan and well-kept unit.

    forest hill real estate inc.MLS® #C11209227

    Amenities

    Concierge
    Outdoor Pool
    Indoor Pool
    Rooftop Deck
    Sauna
    Games Room

    Explore Neighbourhood

    8/10
    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

    Pier 27 vs The Waterfront Area

    Building Trends At Pier 27

    Days on Strata

    Units at Pier 27 spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the 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
    6.1
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    15
    Units were Sold over the past twelve months

    Rented Units

    63
    Units were Rented over the past twelve months

    Best Value Rank

    Pier 27 offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    Pier 27 has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    Pier 27 yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    Pier 27 is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 39 Queens Quay E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$625,000 - $785,000$685,000 - $867,000$871,100 - $975,000$1,650,000No DataNo Data
    Avg. Cost Per Sqft$1,137$1,115$1,064$875No DataNo Data
    Avg. Wait for Unit Availability86 Days26 Days95 Days99 Days253 Days1119 Days
    Ratio of Units in Building20%55%12%12%2%1%

    Transactions vs Inventory

    Total number of units listed and leased in Waterfront