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    for sale
    81 Days on Strata

    416 - 550 Queens Quay W

    $699,000
    1 Bed + 1
    1 Bath
    1 Parking
    823 SQFT
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    Price History


    Maintenance Fees:
    $656/mth
    Taxes:
    $3,205 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $849/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South

    Amenities

    Concierge
    Visitor Parking
    Rooftop Deck
    Gym
    Bike Storage
    Party Room
    Sauna
    Indoor Parking
    Amenity details for reference only. Independently verify accuracy.

    About this Listing

    Step into elevated urban elegance with this sophisticated one-bedroom plus den residence, an oasis in the sky that redefines luxury living. Immaculately curated and freshly refined, this sun-kissed suite unfolds in a gracious open-concept design, offering a seamless fusion of form and function. Enveloped in floor-to-ceiling windows, every corner of the home is bathed in natural light, framing sweeping, unobstructed vistas of the shimmering lake, lush marina, and the glittering city skyline beyond, a visual symphony to behold. The gourmet kitchen is a refined culinary escape, complete with premium appliances and a spacious breakfast bar that transitions effortlessly into the grand living and dining salons. Whether hosting soirees or indulging in quiet moments, the flow of the space caters to both effortless entertaining and serene everyday cozy living.The primary suite is a private sanctuary, featuring spa-inspired finishes, elegant lighting, and a custom-fitted wardrobe. The versatile den offers flexibility as a refined work-from-home office or guest retreat. Step outside onto the private balcony to savour waterfront living, a front-row seat to sunrises over the harbour.Situated within an intimate, impeccably managed boutique building, residents are indulged with curated amenities: a designer fitness centre, glamorous party lounge, 24-hour concierge, luxury guest accommodations, visitor parking, and a rooftop terrace that rivals five-star resorts, complete with al fresco dining areas and panoramic lakefront views. Moments from Toronto's vibrant cultural heart with effortless access to the Financial District, Scotiabank Arena, Rogers Centre, Harbourfront, and Billy Bishop Airport. This rare offering includes one premium parking space and a private locker. A true gem for the discerning buyer seeking timeless sophistication with a view. Now accepting viewings for those ready to elevate their lifestyle.

    ExtrasElectrical Light Fixtures, Window Coverings, Washer, Dryer, Fridge, Stove top, Oven, and Dishwasher

    royal lepage supreme realtyMLS® #C12373348

    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


    Kitchen
    10.99 x 10.79ft
    O/Looks Dining, Open Concept
    Dining
    10.99 x 8.6ft
    O/Looks Living, Open Concept
    Living
    12.99 x 11.58ft
    O/Looks Garden, Open Concept, Walk-Out
    Den
    8.6 x 7.19ft
    Bay Window
    Primary
    10.6 x 15.78ft
    Walk-in Closet, Walk-in Bath

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore The Waterfront

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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!

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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
    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%


    Days on Strata

    Units at 550 Queens Quay spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the 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
    5.5
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    32nd
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    14
    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

    Market Insights

    Transaction Insights at 550 Queens Quay

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$750,000 - $845,000$845,000 - $1,569,999No Data
    Avg. Cost Per SqftNo DataNo Data$1,028$1,033No Data
    Avg. Wait for Unit AvailabilityNo Data91 Days115 Days122 DaysNo Data
    Ratio of Units in Building1%27%43%30%1%

    Market Inventory

    Total number of units listed and sold in Waterfront