
Q Tower: Toronto's Waterfront Landmark
A 60-storey Lifetime and DiamondCorp condominium at 200 Queens Quay West, steps from Union Station, the CN Tower and Lake Ontario.
- Save up to $200,000 off purchase price— $200,000
- Up to $130,000 in HST rebate savings— $130,000
- Capped development levies
- Free assignment
- Right to lease during occupancy
- Free lawyer review & mortgage arrangements
Q Tower rises 60 storeys at 200 Queens Quay West, at the intersection of Lower Simcoe Street and the Toronto waterfront. <cite index="11-1,11-2">Developed by Lifetime Developments and DiamondCorp, this Wallman Architects–designed condominium is set in Toronto's Waterfront communities and blends bold innovation with timeless sophistication.</cite> Interiors are shaped by U31, with <cite index="11-3">captivating artwork from renowned German artist and photographer Michael Moebius</cite> woven through the common areas.
The building holds a rare position in today's market: it's actually moving forward. <cite index="13-14,13-15,13-16">Sales for Q Tower kicked off in November 2023 at the Real Sports Bar & Grill, close to 70 per cent of the units have been sold, and the developer has confirmed a delivery date of end of 2029 to early 2030.</cite> Site preparation is underway on the former parking garage <cite index="13-4">at 200 Queens Quay W, a 1.248-acre site acquired from Canada Lands Company for $100 million in February 2020</cite>.
For buyers, the pitch is location plus incentive stack. Union Station, the PATH, Scotiabank Arena, the CN Tower and the Financial District are all inside a short walk. <cite index="15-18">The extended deposit is structured as $10k on signing, balance to 5% in 30 days, 2.5% in 200 days, 2.5% in 365 days, 5% due 90 days prior to occupancy and 5% on occupancy</cite> — a 20% spread across nearly six years. Layer in capped development levies, free assignment and the current $200,000 VIP discount, and Q Tower is priced to move as an end-user or hold-and-rent investment.
Suites run from 361 sq ft studios to 917 sq ft two-bed-plus-dens, with <cite index="11-18">wide, shallow layouts crafted to optimize natural light, and every bedroom features expansive windows</cite>. Amenity programming spans <cite index="11-21">over 27,000 square feet across three floors</cite>, from fitness to co-working to a private residents' lounge overlooking the lake.
Why this project?
True Waterfront Address
Q Tower sits at Queens Quay West and Lower Simcoe, one of the last new-build opportunities directly on Toronto's central waterfront with uninterrupted skyline and Lake Ontario views.
Actually Under Construction
<cite index="13-15,13-16">Close to 70 per cent of units are sold and financing is in place for a confirmed end-of-2029 to early-2030 delivery</cite> — rare in today's pre-con market.
Union Station in 5 Minutes
<cite index="19-14">Q Tower is just a 5-minute walk from Union Station, connecting you instantly to the city, suburbs, and airport</cite>, with the 509/510 streetcar at the door.
Michael Moebius Interiors
<cite index="11-3">U31's interiors are enhanced by captivating artwork from renowned German artist and photographer Michael Moebius</cite>, giving the building a signature identity.
Investor-Grade Incentive Stack
VIP discount up to $200,000, capped development levies, free assignment, extended 20% deposit, and up to $130,000 in HST rebate savings.
27,000 sq ft of Amenities
<cite index="11-21">Over 27,000 square feet of designed amenities across three floors</cite>, including indoor/outdoor fitness, co-working, games rooms, private dining and a residents' lounge.
The project
2 imagesSuite mix
- Studio361+ · $545,000Originally $645,900
- 1 Bed— · $589,000Originally $789,000
- 1 Bed + Den— · $678,000Originally $778,000
- 2 Bed + Den— · $834,000Originally $1,000,000
- 3 Bedup to 917 · $1,300,000Originally $1,400,000
Deposit structure
- 1On signing$10,000
- 230 daysBalance to 5%
- 3200 days2.5%
- 4365 days2.5%
- 590 days prior to occupancy5%
- 6On occupancy5%
Location
Q Tower sits at Queens Quay West and Lower Simcoe Street in Toronto's South Core/Harbourfront, five minutes on foot to Union Station and the PATH. Scotiabank Arena, Rogers Centre, the CN Tower and Ripley's Aquarium are all inside a short walk, with the lake and Harbourfront Centre at the doorstep.
- 509/510 streetcar at door
- 5-min walk to Union Station
- PATH network access
- St. Andrew subway ~10 min walk
- Gardiner Expressway on-ramp nearby
- George Brown College Waterfront Campus
- University of Toronto
- Toronto Metropolitan University (Ryerson)
- OCAD University
- Harbourfront Centre
- Scotiabank Arena
- CN Tower & Ripley's Aquarium
- Rogers Centre
- Financial District dining
- HTO Park & Love Park
Amenities
Lifetime Developments & DiamondCorp
<cite index="5-5">Lifetime Developments has successfully delivered over 16,000 suites in the past decade</cite> across the GTA. <cite index="16-15">DiamondCorp was founded in 2008 by Stephen Diamond and built on the legacy of development excellence established by his father, the late Ephraim Diamond, almost 70 years ago.</cite>
Questions
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