Rare opportunity to acquire a discounted downtown condo assignment at 100 Queen St E, Toronto, ON, located at the prime intersection of Queen St E & Yonge St in the heart of Toronto. This modern residence is part of Queen Central Condos by Parallax Development Corporation, a well-located project positioned for strong long-term rental demand and urban appreciation.
Located on a high floor (20+) with northwest exposure, the suite offers unobstructed city views, a functional 2-bedroom layout, and a private balcony.
Property Details
- Address: 100 Queen St E, Toronto, ON
- Intersection: Queen St E & Yonge St
- Property Type: Condominium (Assignment Sale)
- Bedrooms: 2
- Bathrooms: 2
- Interior Size: 669 Sq Ft
- Balcony: 50 Sq Ft
- Exposure: Northwest/High-floor
- View: Unobstructed City Views
- Occupancy: April 2026
Project Details
- Project Name: Queen Central Condos
- Developer: Parallax Development Corporation
- Location: Downtown Core of Toronto
- Building Type: Modern high-rise condominium
- Lifestyle: Steps to transit, universities, shopping, and employment hubs
Financial Details
- Original Purchase Price: $878,000
- Deposit Paid: 20%
- Assignment Price: $599,000
- Seller Position: Selling significantly below purchase price
Location Highlights
- Walking distance to Queen Station
- Walking distance to Toronto Metropolitan University
- Steps to CF Toronto Eaton Centre
- Quick access to Gardiner Expressway
- Surrounded by restaurants, offices, entertainment, and major employment hubs
Investor Highlights
- Major discount from original purchase price
- Strong downtown rental demand from professionals and students
- Estimated market rent for comparable units: ~$3,000 – $3,300/month (subject to market conditions)
- Prime downtown location with long-term appreciation potential
- Turnkey urban investment opportunity
