Pier 27 Condos Ph2

39 Queens Quay E, Toronto

165

Total Units

4

For Sale

4

For Rent

19

Sold

70

Leased

$852K

Avg Price

37

Days (Sale)

23

Days (Lease)

Viya Condex

Viya Condex

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Unit TH132 - Photo 1
1 / ...
For Sale

$1,160,000

Unit TH132

MLS# C12694890

39 Queens Quay E TH132, Toronto C08, ON M5E 0A5

2bed|2bath|1000-1199sqft
1parking|1locker
Residential Condo & Other|$1005 fees|$6478 tax
27 days on market
Unit 426 - Photo 1
1 / ...
For Sale

$799,900

Unit 426

MLS# C12549310

39 Queens Quay E 426, Toronto C08, ON M5E 0A5

2bed|2bath|700-799sqft
1parking|1locker
Residential Condo & Other|$706 fees|$4668 tax
86 days on market
Unit 308 - Photo 1
1 / ...
For Sale

$748,000

Unit 308

MLS# C12561788

39 Queens Quay E 308, Toronto C08, ON M5E 0A5

2bed|2bath|700-799sqft
1parking|1locker
Residential Condo & Other|$732 fees|$4834 tax
82 days on market
Unit 525 - Photo 1
1 / ...
For Sale

$699,000

Unit 525

MLS# C12487425

39 Queens Quay E 525, Toronto C08, ON M5E 0A5

1bed|1bath|500-599sqft
1parking|0locker
Residential Condo & Other|$557 fees|$3808 tax
104 days on market

Showing 1-4 of 4 properties

Property Type:
Condo
Number of Units:
165
Condo Demand:
High
Unit Availability:
High
Number of Storeys:
Condo Completion:
Unit Size Range:
500 - 2,999 SQFT
Property Management:
Duka Property Management

Market Overview

Inventory Rate

2.4%

Highest Sale

$2.5M

Lowest Sale

$75K

Avg Maintenance

$748/mo

Year Built

Market Intelligence

Price per sqft analysis and trends

Pier 27 Condos Ph2

Sale PSF

$1072/sqft

25 sales

Lease PSF

$4.18/sqft/mo

99 leases

Waterfront Communities C8

Sale PSF

$1012/sqft

24 sales

Lease PSF

$5.25/sqft/mo

1 leases

Toronto C08

Sale PSF

$884/sqft

93 sales

Lease PSF

$5.25/sqft/mo

1 leases

Toronto

Sale PSF

$788/sqft

861 sales

Lease PSF

$3.74/sqft/mo

1 leases

Price Per Sqft Trends

Avg:$1081/sqft
Range: $781 - $1359/sqft
$900$1050$1200$1350Apr 24Jul 24Oct 24Jan 25Apr 25Jul 25Oct 25Jan 262024-04-08 Price: $685,000 Size: 650 sqft PSF: $1053.85/sqft2024-05-03 Price: $728,000 Size: 693 sqft PSF: $1050.51/sqft2024-05-27 Price: $745,000 Size: 681 sqft PSF: $1093.98/sqft2024-06-19 Price: $855,000 Size: 750 sqft PSF: $1140.00/sqft2024-08-06 Price: $867,000 Size: 710 sqft PSF: $1221.13/sqft2024-08-20 Price: $625,000 Size: 506 sqft PSF: $1235.18/sqft2024-08-29 Price: $785,000 Size: 750 sqft PSF: $1046.67/sqft2024-10-15 Price: $665,000 Size: 550 sqft PSF: $1209.09/sqft2024-11-01 Price: $645,000 Size: 650 sqft PSF: $992.31/sqft2024-11-19 Price: $800,000 Size: 750 sqft PSF: $1066.67/sqft2024-12-02 Price: $750,000 Size: 750 sqft PSF: $1000.00/sqft2024-12-24 Price: $975,000 Size: 850 sqft PSF: $1147.06/sqft2025-01-10 Price: $1,650,000 Size: 1900 sqft PSF: $868.42/sqft2025-02-19 Price: $805,000 Size: 750 sqft PSF: $1073.33/sqft2025-03-12 Price: $775,000 Size: 650 sqft PSF: $1192.31/sqft2025-05-15 Price: $899,000 Size: 850 sqft PSF: $1057.65/sqft2025-07-15 Price: $725,000 Size: 750 sqft PSF: $966.67/sqft2025-07-30 Price: $838,000 Size: 750 sqft PSF: $1117.33/sqft2025-08-05 Price: $646,000 Size: 650 sqft PSF: $993.85/sqft2025-08-18 Price: $880,000 Size: 850 sqft PSF: $1035.29/sqft2025-09-15 Price: $580,000 Size: 550 sqft PSF: $1054.55/sqft2025-09-26 Price: $2,028,888 Size: 1700 sqft PSF: $1193.46/sqft2025-11-05 Price: $707,500 Size: 650 sqft PSF: $1088.46/sqft2025-11-27 Price: $790,000 Size: 750 sqft PSF: $1053.33/sqft2025-12-30 Price: $751,000 Size: 695 sqft PSF: $1080.58/sqftSale PSF ($)
Exact sqft
Estimated
Fallback
Avg

Location Comparison

LocationSale PSFLease PSF# Sales# Leases
Pier 27 Condos Ph2This Building
10724.18/mo2599
Waterfront Communities C8
1012+6%5.25/mo-20%241
Toronto C08
884+21%5.25/mo-20%931
Toronto
788+36%3.74/mo+12%8611

Green badges indicate the building is priced below the comparison area. Data from closed transactions.

Market Analysis

Sale prices at Pier 27 Condos Ph2 average $1072/sqft, which is above the Waterfront Communities C8 community average of $1012/sqft (+6%).

Prices here are premium compared to the broader Toronto area ($788/sqft).

Rental rates are competitive at $4.18/sqft monthly, 20% below the community average, offering solid rental yield of 4.7%.

The building has seen 25 sales and 99 leases in recent transactions, indicating very high market activity.

Avg Sale PSF

$1072

Avg Lease PSF

$4.18/mo

Gross Yield

4.7%

Transactions

124

Investment Analysis

Est. Monthly Rent

$3,240

Based on $4.18/sqft

Gross Yield

4.68%

Good Yield

Before expenses

Net Yield

3.03%

Moderate Yield

After expenses

Years to Recover

21.4

Via rental income

vs Waterfront Communities C8
-1.55%

Waterfront Communities C8 avg: 6.23%

vs Toronto C08
-2.45%

Toronto C08 avg: 7.13%

Avg. Monthly Operating Costs

Maintenance: $755/mo
Property Tax: $385/mo

Building PSF Range

$3Avg: $1,072/sqft$1,235

💡 Investment Insight: Pier 27 Condos Ph2 provides moderate yield at 4.68%, balancing cash flow with appreciation potential. Yield is 1.55% below Waterfront Communities C8 average, likely due to premium pricing. Operating costs reduce yield by 1.65% - consider maintenance fees when evaluating.

Parking & Locker Values

Parkingbuilding

Purchase

N/A

Monthly Lease

$200/mo

Lockergeneric

Purchase

$10K

Monthly Lease

$50/mo

Data based on closed transactions. PSF = Price per Square Foot. Yields calculated as annual rent / sale price.

Amenities

BBQs Allowed
Bike Storage
Car Wash
Community BBQ
Concierge
Exercise Room
Game Room
Guest Suites
Gym
Indoor Pool
Media Room
Outdoor Pool
Party Room/Meeting Room
Recreation Room
Rooftop Deck/Garden
Sauna
Visitor Parking

Maintenance Fee Includes:

A/CBuilding InsuranceCommon ElementsCondo TaxesHeatNoneParkingWater

Building Reviews

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About Pier 27 Condos Ph2

Pier 27 Condos Ph2 is a premier condominium located at 39 Queens Quay E, Toronto in the heart of Toronto. This 165-unit building offers residents luxurious urban living with modern amenities and convenient access to the city's best dining, shopping, and entertainment options.

Currently, there are 97 units available at Pier 27 Condos Ph2, with prices averaging around $852K. The building features a variety of floor plans to suit different lifestyles, from cozy studios to spacious multi-bedroom units.

Pier 27 Condos Ph2 stands out in Toronto's competitive real estate market for its prime location in the Toronto C08 area. Residents enjoy easy access to public transit, major highways, parks, and all essential services. The building's modern design and well-maintained facilities make it an attractive choice for both homeowners and investors.

Whether you're looking to buy, sell, or rent at Pier 27 Condos Ph2, 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 and market analysis.

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Viya Condex

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Viya Condex

Realtor

Condo Specialist

Remax Viya Condex Realty

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