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    for sale
    26 Days on Strata
    Est Sell Timeframe:
    17 Days

    507 - 2 Augusta Ave

    $799,000
    2 Beds
    2 Bath
    1 Parking
    768 SQFT
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    Price History


    Maintenance Fees:
    $777/mth
    Taxes:
    $5,446 (2025)
    Property Type:
    Condo
    Cost Per Sqft:
    $1,040/sqft
    Outdoor Space:
    Juliet Balcony
    Locker:
    Owned
    Possession Date:
    Oct 27
    Exposure:
    South

    Amenities

    Bike Storage
    Community BBQ
    Gym
    Party Room
    Rec Room
    Visitor Parking

    About this Listing

    **PARKING & LOCKER INCLUDED** Welcome to unit #507 the Rush Condos, a modern boutique building in the heart of downtown Toronto, where urban living meets luxury and convenience! This stunning 2-bedroom, 2 full bathrooms suite, built in 2023, offers a spacious, open-concept design perfect for entertaining. Enjoy an abundance of natural light with the south facing windows, roller shades - black-out in primary bedroom, 9ft ceilings, sleek finishes, closet organizers, solid-core doors, and a contemporary kitchen with built-in appliances, ideal for creating delicious meals or gathering with friends. With PARKING and a LOCKER included, this unit is not just a home but an investment in your lifestyle. Amazing amenities include party room with dining area, kitchen & outdoor terrace with BBQ, exercise room, yoga/stretch area & climbing wall, pet wash area, and bicycle storage & maintenance area! Whether you're looking for an incredible place to live or a solid investment in one of Toronto's most sought-after neighbourhoods, this suite checks all the boxes. Perfectly located between the vibrant King Street West & Queen Street West neighbourhoods, with easy access to the streetcar, groceries, fine dining & cafes, trendy shops, hotels, YMCA & Goodlife, an off leash dog-park and the Waterworks Food Hall with 29 restaurants and bars! A short ride to the Financial District, universities & subway - and soon to be Ontario Line station at Queen & Spadina. Book your private showing today to experience the unbeatable amenities and exceptional lifestyle Rush Condos has to offer!

    ExtrasAll Existing Light Fixtures, Roller Shades & Black-Out blinds, B/I Fridge, B/I Dishwasher, B/I Microwave, Stainless Steel Wall Oven, Induction Cooktop, Stacked Washer & Dryer, One Parking Spot, One Locker.

    harvey kalles real estate ltd.MLS® #C12483655

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Living
    10.27 x 12.99ft
    Open Concept, Combined with Dining, South View
    Dining
    10.27 x 12.99ft
    Open Concept, Combined with Living, Laminate
    Kitchen
    9.68 x 13.88ft
    Built-in Appliances, Backsplash, Laminate
    Primary
    8.89 x 12.47ft
    3 Piece Ensuite, Closet Organizers, Large Window
    2nd Bedroom
    10.04 x 9.35ft
    Separate Room, 4 Piece Bath, Laminate

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

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    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
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    Bikeability
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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%


    Days on Strata

    Units at Rush Condos spend an average of
    65
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    4.6
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 53 condos in the Queen West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    32
    Units were Rented over the past twelve months

    Best Value Rank

    Rush Condos offers the
    ?
    best value out of 53 condos in the Queen West neighbourhood

    Appreciation Rank

    Rush Condos has the
    ?
    highest ROI out of 53 condos in the Queen West neighbourhood

    Rental Yield

    Rush Condos yields the
    ?
    highest rent prices out of 53 condos in the Queen West neighbourhood

    High Demand

    Rush Condos is the
    ?
    most popular building out of 53 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at Rush Condos

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$503,000$532,000 - $550,000No DataNo DataNo DataNo Data
    Avg. Cost Per Sqft$984$1,064No DataNo DataNo DataNo Data
    Avg. Wait for Unit AvailabilityNo Data82 DaysNo DataNo DataNo DataNo Data
    Ratio of Units in Building15%58%14%5%5%5%

    Market Inventory

    Total number of units listed and sold in Queen West