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    Toronto / Downtown / The Waterfront

    809 - 550 Queens Quay W

    For Sale550 Queens Quay
    $785,000
    2 Beds
    2 Bath
    1 Parking
    800 SQFT
    2 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $627/mth
    Taxes:
    $5,976 (2024)
    Cost Per Sqft:
    $981/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    South West
    Possession Date:
    Immediately
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Large Window, Combined with Dining
    15.52 x 12.93ft
    Dining
    Large Window, Combined with Living
    15.52 x 12.93ft
    Kitchen
    Breakfast Bar, Open Concept, Pot Lights
    11.02 x 8.04ft

    About this Listing

    Enjoy lakeside living at its finest. Welcome to this exquisite 2-bedroom, 2-bathroom condolocated in the heart of Torontos vibrant waterfront community. Offering unparalleled south west views of Lake Ontario, this meticulously designed suite is a serene escape from the citys hustle, yet perfectly positioned for convenience and lifestyle. Step into an open-concept living and dining space bathed in natural light, with floor-to-ceiling windows showcasing breathtaking sunsets and serene water views. The sleek kitchen boasts modern cabinetry, ample counter space, and a central island featuring a breakfast bar. Located steps from the Waterfront Trail, Harbourfront Centre, shops, dining, and transit, this property delivers the ultimate urban lifestyle. Ideal for anyone seeking a tranquil home with modern conveniences. Building amenities include a fitness center, rooftop terrace, 24-hour concierge, and more, providing the ultimate in comfort and convenience. Dont miss this rare opportunity to own a slice of Toronto's waterfront luxury.

    harvey kalles realty inc.MLS® #C11914754

    Amenities

    Bike Storage
    Rec Room
    Gym Room
    Party Room
    Sauna
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    550 Queens Quay vs The Waterfront Area

    Building Trends At 550 Queens Quay

    Days on Strata

    Units at 550 Queens Quay spend an average of
    32
    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 a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    550 Queens Quay offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    550 Queens Quay has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    550 Queens Quay yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    550 Queens Quay is the
    ?
    most popular building out of 45 condos in neighbourhood

    Transaction Insights at 550 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$636,000$810,000$865,000No Data
    Avg. Cost Per SqftNo Data$1,041$1,018$880No Data
    Avg. Wait for Unit AvailabilityNo Data87 Days100 Days112 DaysNo Data
    Ratio of Units in Building1%30%40%30%1%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront