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    228 Queens Quay W & 230 Queens Quay W

    The Riviera
    7for Sale
    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    24
    Number of Units:
    517
    Condo Completion:
    2003
    Condo Demand:
    Medium
    Unit Size Range:
    358 - 1,544 SQFT
    Unit Availability:
    Medium

    Listing History for The Riviera

    Receive listing updates for The Waterfront

    Amenities

    Guest Suites
    Indoor Pool
    Gym Room
    Sauna
    Party Room
    Rec Room

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 228 Queens Quay WThe Riviera

    While calling the condos at 228-230 Queens Quay West "The Riviera" might have been somewhat of a stretch, we can appreciate the sort of mood developers were hoping to set. According to Google, a Riviera is “a coastal region with a subtropical climate and vegetation,” and yet the Riviera Condos are set within a city that experiences subarctic weather for a good part of the year.

    Thanks to its location in The Waterfront neighbourhood, and of course also because of the name, the Riviera Condos allow residents to pretend they are on vacation 365 days a year. The lakeside location is also tempting to prospective buyers for yet another reason — many clear and sweeping views of Lake Ontario and the Toronto Islands can be found at 228-230 Queens Quay West.

    The use of glass only accentuates this point further, as the façade of the building hints at the vistas afforded to homeowners here. And while many good views are to be had, those living on the highest floors will likely make their neighbours green with envy, thanks to the building’s height of 24 storeys.

    Built in 2003, 228-230 Queens Quay West is home to just over 500 homes designed for the modern Torontonian. The condo even has its own website and Facebook page for keeping residents in the loop.

    As for amenities, the condo is outfitted with just enough added perks to make life easier and more comfortable for its residents. These include a concierge, a gym with indoor swimming pool, sauna, and Jacuzzi, a rooftop terrace with four barbecues, visitor parking, and two guest suites.

    The Suites

    When designing the suites, developers and architects clearly understood the diversity of Toronto’s prospective buyers. As a result, Toronto condos for sale in the building range considerably in size, with various layouts and exposures available to please all sorts of individuals and families.

    The condos at 228-230 Queens Quay West range from around 500 to 1,500 square feet. They may feature one bedroom, two bedrooms, two bedrooms plus a den, or two bedrooms plus a terrace. This way, creating a home office is just as much of an option as setting up a lush garden on the terrace for those with green thumbs.

    Speaking of terraces, outdoor spaces (which also include balconies) are encased in glass railings, just to ensure that views aren’t tampered with. The suites are also finished with high-end materials including granite, marble, and hardwood, while high ceilings make them all the more desirable.

    The Neighbourhood

    Residents of the Riviera Condos will find it difficult to run out of things to do around the lakeshore. While beach trips may only be feasible during the summer, thankfully other cultural institutions can be found in the area. In fact, right across the street is the Power Plant Contemporary Art Gallery, which also happens to be free.

    Beer buffs can visit Steam Whistle Brewing or the Amsterdam BrewHouse, while family fun can be found at the CN Tower or the Ripley’s Aquarium. And the best part? All of these attractions are a short walk away from the Riviera Condos.

    When the weather cooperates, outdoor activities are also abound in the area surrounding 228-230 Queens Quay West. The Martin Goodman Trail is a 56-kilometre long, car-free path, from which cyclists and pedestrians can explore the shores of Lake Ontario and its various parks and beaches.

    A quick walk or cycle will land urban explorers at the Port Lands and Lower Don Lands, where entertainment might involve strolling through the aisles at T&T Supermarket, taking a dip at Cabana Pool Bar, or picnicking at Cherry Beach.

    Transportation

    Travel to and from the Riviera Condos is a breeze, thanks to its central location in downtown Toronto. Union Station takes less than 15 minutes to reach on foot — a trip that can be sped up by catching a streetcar from the stop just outside on Queen’s Quay West.

    From Union, trains heading north on the Yonge-University-Spadina line will assist passengers at making their way through the city. Alternatively, Union Station is also the place to catch VIA Rail trains, GO buses and trains, and the UP service to Pearson International Airport.

    Using the UP service, a trip all the way to Pearson without a car takes only about 40 minutes. Those heading out of town via Porter Airlines can also reach Billy Bishop Toronto City Airport in only 12 minutes via the 509 streetcar, thanks to its location just west along the lakeshore.

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    7

    Listings For Sale

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    4

    Listings For Rent

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    Explore The Waterfront

    9/10
    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 condos

    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%

    Maintenance Fees

    The Riviera vs The Waterfront Area

    Days on Strata

    Units at The Riviera spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    6.5
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    49
    Units were Rented over the past twelve months

    Best Value Rank

    The Riviera offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    The Riviera has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    The Riviera yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    The Riviera is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 228 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$528,000 - $650,000$751,500No Data$1,080,000 - $1,175,000No Data
    Avg. Cost Per SqftNo Data$1,056$1,029No Data$1,182No Data
    Avg. Wait for Unit AvailabilityNo Data37 Days149 Days56 Days128 DaysNo Data
    Ratio of Units in Building2%50%14%26%11%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Waterfront