Queen of the East is an exciting and brand new boutique waterfront development of 12 units in total. This modern 4 story building has deeded parking for each unit (at an additional cost), temperature controlled storage, gym and a fabulous common outdoor lounge/BBQ area. There are plans for walk on berths which will be the finishing touch to making this an ideal investment property or home. If you are looking for an investment property, there has been great demand from the rental market. Additionally, unlike most condominiums, there will be provisions to rent your unit for short term (month to month vs the standard 3-6 month minimum) making it ideal for the corporate sector. The unit is 933 sq. ft. and maintenance fees of $300 per month. Unit 101 (as shown) is on the first floor and comprised of a separate kitchen with all stainless appliances, powder room, laundry closet, separate living/dining room with balcony and bedroom with bathroom ensuite. With all the benefits of city living, plus having the luxury of the water at your doorstep, Queen of the East is quite the gem. There are three 1-Bedroom units with the same layout and offered as follows:Unit #101: $865,000 (as shown)Unit #204: $875,000Unit #307: $880,000
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 6.50%, 30% deposit over a 25 year period.