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    for sale
    52 Days on Strata

    429 - 550 Queens Quay W

    $649,900
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
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    Price History


    Maintenance Fees:
    $561/mth
    Taxes:
    $2,693 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $928/sqft
    Outdoor Space:
    Enclosed/Solarium
    Locker:
    Exclusive
    Possession Date:
    Dec 1
    Exposure:
    North

    Amenities

    BBQs Allowed
    Community BBQ
    Concierge
    Elevator
    Gym
    Party Room

    About this Listing

    Rare 2-Storey Loft Condo on Toronto's Waterfront | Approx. 700 SF + Balcony | Parking & Locker Included in Sale. Step into this stunning, sun-filled 2-storey loft-style condo in the heart of Toronto's Waterfront Communities C1a highly coveted boutique building just steps from the lake. With soaring 18-ft ceilings and massive floor-to-ceiling windows, this beautifully upgraded unit is full of natural light and downtown charm. Featuring just under 700 sq ft of thoughtfully designed living space plus a private balcony, the unit boasts an open-concept main floor with new flooring throughout, a renovated kitchen with granite countertops, and full-sized, newer appliances. The space flows seamlessly for entertaining or quiet nights in. Upstairs, the loft-style bedroom offers an open yet private retreat, complete with a custom 4-piece ensuite bathroom featuring a Jacuzzi hydro-massage tub and a separate glass-enclosed shower, a spa-like experience rarely found in condos. A solid hardwood staircase adds architectural appeal and warmth to the space. This unit includes an exclusive underground parking space and private locker, making it ideal for professionals, first-time buyers, or investors looking for a rare waterfront gem. Thousands have been spent on upgrades, making this home fully move-in ready. Live steps from Toronto's Harbourfront, Queens Quay, waterfront trails, shops, dining, parks, and major landmarks like the CN Tower, Union Station, and the Financial District. Easy access to TTC, bike paths, and the Gardiner makes commuting effortless. Opportunities like this don't come often. Own a unique slice of downtown luxury without compromise.

    ExtrasAll Appliances (As Is): Fridge, Built-in Dishwasher, Stove, Vent/Hood, Oven, Washer, Dryer, Furnace, All Electric Light Fixtures, All Custom Blinds, All Furniture Items, Building Insurance, Common Elements, Central AC, Heat, Water, Parking, and Locker.

    queensway real estate brokerage inc.MLS® #C12436101

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Included
    Air Conditioning
    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
    14.6 x 10.99ft
    Combined with Dining, Walkout To Balcony, Laminate
    Dining
    14.6 x 10.99ft
    Combined with Living, Built-in Bar, Laminate
    Kitchen
    7.38 x 7.22ft
    4 Piece Ensuite, Renovated, Granite Counter
    Primary
    12.8 x 10.99ft
    Open Concept, Renovated, Laminate
    Bathroom
    8.2 x 6.56ft
    4 Piece Ensuite, Renovated, Glass Doors
    Laundry
    3.28 x 3.28ft
    2 Piece Ensuite, Combined with Living, Renovated

    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