218 Queens Quay W 1501
Waterfront Communities C1, Downtown Toronto, M5J 2Y6
FOR SALE
$950,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSC8272844
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Property Description
This is a gem! Spectacular panoramic views of CN Tower and downtown Toronto from floor-to-ceiling windows in every room. 918 sq. ft. of functional living space, 9ft ceilings, hardwood floors throughout, granite countertops, PANTRY in kitchen, large balcony. LOCKER is conveniently located down the hall (Unit 1513) - self-contained room with aircon and electrical. There are no others like it on the floor! PARKING space comes with 2 owned bike racks so you never have to rent space for your bikes! Wonderful building with 24hr Concierge/Security, Heated Indoor/Outdoor Saltwater Pool, Gym, Billiard Room, Yoga/Dance Studio, Party Room, Guest Suites, BBQ. Steps to Financial District, Union Station, PATH, Shopping, Dining. TTC and Harbourfront Centre at your door!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-07-08 | 2021-08-02 | 25 | $2,900 | $2,800 | Leased |
| 2020-10-10 | 2020-12-05 | 56 | $2,500 | $2,800 | Leased |
Extras
Fridge, stove/oven, microwave/range hood, washer, dryer, window coverings, ELFs, 1 parking with 2 bike racks, 1 huge self-contained locker
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Apartment
Approximate Sq.Ft.
900-999
Taxes
$3,651 (2023)
Basement
None
Exterior
Concrete, Metal/Side
Heat Type
Heat Pump
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 11.58' x 15.19' | 4 Pc Ensuite, Window Flr To Ceil, Closet Organizers |
| 2nd Br | Flat | 8.99' x 10.30' | Window Flr To Ceil, Closet, Hardwood Floor |
| Kitchen | Flat | 8.20' x 8.50' | Breakfast Bar, Pot Lights, Pantry |
| Foyer | Flat | 4.20' x 8.79' | Ceramic Floor, Combined W/Laundry, Large Closet |
| Living | Flat | 14.76' x 18.01' | Combined W/Dining, Open Concept, Window Flr To Ceil |
| Dining | Flat | 14.76' x 18.01' | Combined W/Living, Hardwood Floor, W/O To Balcony |
| Bathroom | Flat | 8.20' x 15.19' | 4 Pc Ensuite, Ceramic Floor, Pot Lights |
| Bathroom | Flat | 8.20' x 6.56' | 3 Pc Bath, Ceramic Floor, Pot Lights |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
218 Queens Quay W 1501 is a 2-bedroom 2-bathroom condo listed for sale at $950,000, which is $127,759 (15.5%) higher than the average sold price of $822,241 in the last 30 days (April 6 - May 5). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $32,317 (4.1%) compared to the previous 30 day period (March 7 - April 5) and up $6,178 (0.8%) from the same time one year ago.Inventory Change
There were 1,681 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 6 - May 5), which is up 52.5% compared with the previous 30 day period (March 7 - April 5) and up 42.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,905) (1.7%) below asking price over the last 30 days (April 6 - May 5), which represents a $4,454 decrease compared to the previous 30 day period (March 7 - April 5) and ($6,191) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Downtown Toronto over the last 30 days (April 6 - May 5) stood at 34.7%, down from 64.2% over the previous 30 days (March 7 - April 5) and down from 64.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 6 - May 5), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with International Realty Firm, Inc.
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