Empire Queens Quay

Empire Quay House at 15 Richardson Street offers a rare Toronto condo assignment for sale in the heart of the city’s revitalized Waterfront East / Queens Quay community. This well-designed 2 bed, 2 bath suite spans 678 sq ft and is offered at $599,000, a significant reduction from the original purchase price of $831,990, creating exceptional value. The unit is currently leased at $2,800 per month, with the purchaser required to assume the tenant, making it an attractive option for investors seeking immediate rental income. With final closing scheduled for the first week of February, there is no occupancy period and no occupancy fees, as the unit goes straight to final closing. Located steps from transit, the waterfront, Sugar Beach, and downtown Toronto, this assignment presents a rare opportunity to secure below-market pricing in one of Toronto’s fastest-growing waterfront neighbourhoods.