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Unit TH112 at Pier 27 Condos Ph2

Sold

39 Queens Quay E TH112, Toronto C08, ON M5E 0A5

MLS #C12226712

$2,028,888

Sold on September 25, 2025

September 25, 2025

Originally listed at $2,488,000 64 days on market

About This Property

With serene, unobstructed views of Lake Ontario from every window, you have the city's most enviable waterfront position. Every room offers the same extraordinary, forever vistas, with southern exposure overlooking Toronto Harbour and Toronto Islands. Imagine waking up and enjoying a cup of coffee while watching the boats on the lake, or slipping into the building's outdoor pool steps away. You have direct front-door access into the hallway of the sumptuous Pier 27 building. From the underground parking garage, you enjoy your very own private elevator to bring groceries into your super-deluxe kitchen or luggage up to the bedroom level. You'll never have to share an elevator again. You have the ideal layout with 1940 sqft (across all levels) of luxurious space. The main floor is open concept with its massive windows and walk-out to the gated, western-exposure terrace, with a gas line hookup. The kitchen is outfitted with custom Downsview cabinetry complemented by top-tier Sub-Zero and Miele appliances. The ground level boasts ten floor-to-ceiling windows, elevated ceilings, and a convenient powder room. The second floor encompasses three light-filled, water-facing bedrooms, a second four-piece bathroom, and a dedicated laundry area. The primary bedroom includes a walk-in closet and a four-piece ensuite bathroom. The location provides unparalleled convenience, mere moments from access to the outer harbour, island yacht clubs, ferry terminals, Harbourfront, Sugar Beach, Cherry Beach, major sports venues, Billy Bishop Airport, Union Station, DVP, shops, restaurants, and cafes. Outside, the scenic waterfront promenade connects to The Martin Goodman Trail, a 56km multi-use recreational path along Queens Quay and Lakeshore Ave. Residents benefit from a 24-hr concierge with enhanced security, indoor and outdoor swimming pools, yoga and gym studio, spa treatment rooms, steam and sauna facilities, fireplace lounge, movie theatre, guest suites, and party room.

Investment Analysis

$7,106
Est. Monthly Rent
Based on $4/sqft
3.43%
Gross Yield
Before expenses
2.16%
Net Yield
After expenses
29.2
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1710/mo) and property tax ($11,062/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$1,464/sqft
Pier 27 Condos Ph2
$1,072/sqft+36.6%
Waterfront Communities C8
$1,012/sqft+44.7%
Toronto C08
$884/sqft
Building PSF Range
$868$1,235

Premium Pricing

This unit is priced 36.6% above the building average. This may reflect premium features, views, or floor level.

Analysis based on 25 sales and 99 leases in this building. Unit size estimated at 1700 sqft.

Property Details

Bedrooms

3

Bathrooms

3

Square Feet

1600-1799 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeNone
LockerNo
Heating TypeForced Air
Style2-Storey
Ensuite LaundryNo
Corp #TSCC-2491
MLS Size1600-1799
Listed OnJun 16, 2025
Maintenance Fees$1,710/month
Property Tax$11,062/year

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Rooms

NameSize (m)Size (ft)Features
Foyer(Main)2.36 x 1.097.7 x 3.6-
Foyer(Main)2.36 x 1.097.7 x 3.6-
Foyer(Main)2.36 x 1.097.7 x 3.6-
Living Room(Main)6.15 x 4.8820.2 x 16.0-
Living Room(Main)6.15 x 4.8820.2 x 16.0-
Living Room(Main)6.15 x 4.8820.2 x 16.0-
Dining Room(Main)4.9 x 2.2916.1 x 7.5-
Dining Room(Main)4.9 x 2.2916.1 x 7.5-
Dining Room(Main)4.9 x 2.2916.1 x 7.5-
Kitchen(Main)4.5 x 2.8714.8 x 9.4-
Kitchen(Main)4.5 x 2.8714.8 x 9.4-
Kitchen(Main)4.5 x 2.8714.8 x 9.4-
Primary Bedroom(Second)3.96 x 3.8913.0 x 12.8-
Primary Bedroom(Second)3.96 x 3.8913.0 x 12.8-
Primary Bedroom(Second)3.96 x 3.8913.0 x 12.8-
Bathroom(Second)---
Bathroom(Second)---
Bathroom(Second)---
Bedroom 2(Second)4.32 x 2.6714.2 x 8.8-
Bedroom 2(Second)4.32 x 2.6714.2 x 8.8-
Bedroom 2(Second)4.32 x 2.6714.2 x 8.8-
Bedroom 3(Second)4.01 x 2.5113.2 x 8.2-
Bedroom 3(Second)4.01 x 2.5113.2 x 8.2-
Bedroom 3(Second)4.01 x 2.5113.2 x 8.2-
Bathroom(Second)---
Bathroom(Second)---
Bathroom(Second)---
Office(Lower)4.42 x 2.0814.5 x 6.8-
Office(Lower)4.42 x 2.0814.5 x 6.8-
Office(Lower)4.42 x 2.0814.5 x 6.8-

Room Dimensions Available

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Unit TH112 History

Complete transaction history for this unit

Terminated

Listed: Apr 8, 2025

$2,688,000

69 days on marketSale
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3 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$2,488,000

Listed on Jun 16, 2025

Sold Price

$2,028,888

Sold on Sep 25, 2025

-$459,112

-18.5%

64 days on market

Price History Available

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Available For Sale in This Building

OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NamePier 27 Condos Ph2
Address39 Queens Quay E, Toronto
Parking Type

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About Unit TH112 at Pier 27 Condos Ph2

Unit TH112 is a residential condo & other with 3 bedrooms, 3 bathrooms spanning approximately 1600-1799 square feet located at Pier 27 Condos Ph2, 39 Queens Quay E, Toronto. This unit is currently sold (sold for $2029K).

About Pier 27 Condos Ph2

Pier 27 Condos Ph2 is located at 39 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 Ph2 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 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.

Keywords: Unit TH112 Pier 27 Condos Ph2 Toronto C08

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