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 square footage of this unit is 1307 with maintenance fees of $400 per month. Unit 309 (as shown) is on the third floor and comprised of an open plan kitchen/living/dining area with balcony, laundry closet, two bedrooms, and two bathrooms (one 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 two 2-Bedroom units with the same layout and offered as follows:Unit #309: $1,375,000 (as shown)Unit #103: $1,295,000
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Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 6.75%, 30% deposit over a 25 year period.