512 - 550 Queens Quay W

Virtual Tour

$799,8001 bd1 ba1 pk800 - 899 sqft

For Sale550 Queens Quay

31 Days on Strata

$799,800

Price Cut: $849,800

1 Bed + 1

1 Bath

1 Parking

800 - 899 SQFT

Listing History

Property Type:

Condo

Maintenance Fees:

$642/mth

Taxes:

$3,142 (2024)

Cost Per Sqft:

$890 - $1,000/sqft

Outdoor Space:

Balcony

Locker:

Owned

Exposure:

South

Possession Date:

April 1, 2025

Amenities

Rec Room

Indoor Parking

Sauna

Concierge

Party Room

Rooftop Deck

Bike Storage

Gym Room

Visitor Parking

About this Listing

This exceptional residence features a stunning one-bedroom suite, freshly painted and thoughtfully designed with a bright, open-concept layout. Perfect for both relaxation and entertaining, this unit showcases breathtaking views of the garden, lake, and city skyline. The modern kitchen boasts sleek appliances, a spacious breakfast bar, and elegant finishes, seamlessly flowing into expansive living and dining areas. The primary suite offers a spa-like ensuite and generous closet space, while a private balcony invites you to take in the sights and sounds of the marina and waterfront. Enjoy top-tier amenities in this well-managed boutique building, including a state-of-the-art gym, a stylish party room, 24-hour concierge service, visitor parking, luxury guest suite, and a spectacular rooftop terrace with BBQs and panoramic lake views. Ideally located with quick access to the TTC and highways, and just a short walk to Rogers Centre, Scotiabank Arena, Billy Bishop Airport, shopping, theaters, restaurants, waterfront parks, and more. Includes one parking space and one locker.

ExtrasBrand new stainless steel stove and dishwasher, two-year old black fridge, window coverings, and light fixtures.

sotheby`s international realty canadaMLS® #C12007698

Maintenance Fees

Included in Fees

Heat

Water

Parking

Building Maintenance

Building Insurance

Not Included

Hydro

Air Conditioning

Utility Type

Air Conditioning

Central Air

Heat Source

No Data

Heating

Forced Air

Room Dimensions

Living

Windows Floor to Ceiling, Open Concept

12.8 x 11.81ft

Dining

Open Concept

11.25 x 7.87ft

Kitchen

Breakfast Bar

8.01 x 10.99ft

Den

Combined with Living, Windows Floor to Ceiling

8.99 x 7.48ft

Primary

4 Piece Ensuite, Walk-in Closet

10.5 x 11.98ft

Buyer's Market

Balanced

Seller's Market

Similar Listings

Explore The Waterfront

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!

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

Average Household Income

$105,756

Dominant Housing Type

Detached

Population By Age

0 - 14

13%

15 - 19

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+

$125,000+

Housing Types & Tenancy

Detached

39%

High Rise Apartment

23%

Semi Detached

21%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

70%

Mandarin

13%

Cantonese

10%

Tagalog

Tamil

Arabic

Spanish

Armenian

Education

University and Above

36%

High School

24%

None

16%

College

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

20%

Health & Related Fields

11%

Social Sciences

11%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Visual & Performing Arts

Personal, Protective & Transportation Services

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

N/A

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

Increase in property value within the past twelve months

Price Ranking

N/A

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

Sold Units

Units were Sold over the past twelve months

Rented Units

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

	Studio	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	No Data	No Data	No Data	No Data	No Data
Avg. Cost Per Sqft	No Data	No Data	No Data	No Data	No Data
Price Range	No Data	$2,550 - $2,850	$2,900 - $3,250	$3,150 - $4,000	No Data
Avg. Wait for Unit Availability	No Data	89 Days	97 Days	112 Days	No Data
Avg. Wait for Unit Availability	No Data	82 Days	73 Days	73 Days	No Data
Ratio of Units in Building	1%	29%	42%	30%	1%