401 Queens Quay W 512
Waterfront Communities C1, Downtown Toronto, M5V 2Y2
FOR SALE
$1,289,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Elegant And Sophisticated Urban Living By The Lake At Harbour Terrace. This 2 Br, 2 Wr, 1 Parking, 1530 Sqf Suite, In The Coveted Waterfront Neighbourhood, Features Gracious And Spacious Room Sizes, Spacious Primary Bdrm With Walkin Closet And Ensuite. Premium Harwood Floors Sprawl Across A Large Living & Dining Open-Concept Area, With Floor-To-Ceiling Windows & Wood Burning Fireplace, Perfect For Entertaining. Eat-In Kitchen With Centre Island And Breakfast Bar & Plenty Of Cabinetry. Expansive Windows Invite An Abundance Of Natural Light Throughout With Panoramic Views Over The Park And Lake. Embark on leisurely strolls or exhilarating bicycle rides along Queens Quay, immersing yourself in the vibrant pulse of downtown living, Walk To Union Stn, Financial Dist, Undergrnd Path, Rogers Cntr, Ttc, Sobeys, Loblaws, Lcbo, Restaurants & Cafes, Easy Access To Highways & Island Airport. 512 - 401 Queens Quay West Fashions A Perfect Home For The Discerning Resident. Don't miss the opportunity to transform this extraordinary condo into your next dream home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-15 | 2024-09-08 | 146 | $1,299,000 | - | Terminated |
| 2023-10-17 | 2024-04-14 | 180 | $1,299,000 | - | Terminated |
| 2023-01-11 | 2023-09-30 | 262 | $1,388,000 | - | Expired |
| 2023-01-12 | 2023-04-11 | 89 | $4,100 | - | Terminated |
| 2022-09-26 | 2023-01-10 | 106 | $4,100 | - | Expired |
| 2020-02-01 | 2020-03-01 | 29 | $3,995 | $3,995 | Leased |
| 2019-11-13 | 2020-01-31 | 79 | $4,500 | - | Terminated |
Extras
Wood Burning Fireplace. Built-In Media Center & Cabinetry. All Window Coverings.
Nearby Intersections
Property Features
Clear View, Lake Access, Marina, Park, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$5,415 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Exclusive (P1)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 14.90' x 28.67' | Hardwood Floor, Fireplace, W/O To Balcony |
| Dining | Flat | 28.67' x 14.90' | Hardwood Floor, Combined W/Living, Window Flr to Ceil |
| Kitchen | Flat | 11.15' x 16.99' | Ceramic Floor, Centre Island, Breakfast Bar |
| Prim Bdrm | Flat | 13.19' x 17.81' | 4 Pc Ensuite, W/I Closet, Large Window |
| 2nd Br | Flat | 11.35' x 12.40' | Hardwood Floor, 3 Pc Bath, Large Window |
| Laundry | Flat | 6.07' x 5.25' | Separate Rm, Ceramic Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
401 Queens Quay W 512 is a 2-bedroom 2-bathroom condo listed for sale at $1,289,000, which is $522,926 (68.3%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) more 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 (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Condos Plus Corporation
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