Assignment Condo for Sale
High-Demand Waterfront Distress Sale! Secure this sleek studio suite at Empire Quay House for just $515,000—priced significantly below the original purchase cost. Perfectly situated on the Toronto Waterfront at 162 Queens Quay East, this south-facing unit offers an incredible entry point into a luxury building with immediate equity potential. Ideal for investors or downtown professionals […]
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Secure this sleek studio suite at Empire Quay House for just $515,000—priced significantly below the original purchase cost. Perfectly situated on the Toronto Waterfront at 162 Queens Quay East, this south-facing unit offers an incredible entry point into a luxury building with immediate equity potential. Ideal for investors or downtown professionals looking for a premium address at a massive discount.
Located at 162 Queens Quay East, Empire Quay House puts you in the heart of Toronto’s vibrant Waterfront Communities C8 neighborhood. This is one of the most prestigious and rapidly evolving stretches of the city, where urban sophistication meets the tranquility of Lake Ontario. Residents are just steps away from Sugar Beach, the Distillery District, and the bustling Jack Layton Ferry Terminal. With effortless access to George Brown College, the Financial District, and major transit hubs, this address offers a perfect mix of scenic beauty and city convenience.
Suite 516 is a perfectly crafted studio residence located on the 5th floor of this highly anticipated development. Spanning 416 square feet of efficient and modern living space, this unit is designed to maximize every inch for a comfortable and stylish urban lifestyle. This is a motivated distress sale, with an asking price set below the original purchase price. For a buyer looking to enter the Toronto condo market or expand their portfolio, this represents a rare opportunity to acquire a brand-new luxury suite at a price not seen in years.
This suite features a coveted South exposure, ensuring the interior is flooded with natural light throughout the day. The open-concept layout provides a seamless flow between the living, dining, and sleeping areas, complemented by high-end modern finishes and sleek integrated appliances. Empire Quay House is renowned for its world-class amenities, including a 24-hour concierge, state-of-the-art fitness center, and a stunning rooftop terrace that offers panoramic views of the lake and the city skyline.
At an asking price of $515,000, this studio is priced at approximately $1,238 per square foot. In a market where waterfront properties often trade for significantly higher premiums, this distress assignment offers immediate financial upside. The location’s high rental demand from young professionals and students, combined with the property's lower-than-market entry point, makes it an ideal asset for investors seeking both long-term appreciation and strong cash flow in a world-class city.
162 Queens Quay East Suite 516 is the definition of a smart real estate acquisition. Combining a prime location, a sought-after southern view, and a price point that is officially below the original contract value, this property is the best-valued studio on the waterfront today. Whether you are a first-time buyer or a seasoned investor, this is your chance to own a piece of the Toronto skyline for less than the original owner paid. Contact us today to secure this assignment before it is gone!
300 Richmond St W #300, Toronto, ON M5V 1X2
inquiries@Condoy.com
(416) 599-9599
We are independent realtors® with Home leader Realty Inc. Brokerage in Toronto. Our team specializes in pre-construction sales and through our developer relationships have access to PLATINUM SALES & TRUE UNIT ALLOCATION in advance of the general REALTOR® and the general public. We do not represent the builder directly.
