550 Queens Quay W 1022

FOR SALE
$800,000
550 Queens Quay W 1022, Downtown Toronto
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
550 Queens Quay W 1022
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C9361752
MLSID
Contact Us
Property Description
Enjoy your ever changing waterfront scene below! Spacious Sun-Filled Layout And Breathtaking & Forever Inspiring Views! Dining Rm & Open Concept Kitchen W/ Large Island, Walk-In Pantry & Lots Of Storage. Flr To Ceiling Windows In The Living Rm Overlooking The Marina. Principal Rm Has A Spa-Inspired Ensuite, 2 Closets (One Is A W/I Closet), & Opens To A Large Den! Features Full-Size Laundry Rm, Powder Rm, & Storage! Dine Outside On The Sheltered Balcony W/ South Facing Unobstructed Views Of The Lake.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-10-19 2020-10-29 14 $2,315 $2,150 Leased
2018-12-14 2019-02-09 57 $2,600 $2,650 Leased
Extras
Across From Toronto Music Garden, Steps To Toronto's Harbourfront Centre, Streetcar Outside. Owned Underground Parking & 1 Locker. Low Maintenance Fees, 24 Hour Concierge.
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,000 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Queens Quay W 1022 is a 1-bedroom 1-bathroom condo listed for sale at $800,000, which is $225,918 (39.4%) higher than the average sold price of $574,082 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,550 (1.3%) compared to the previous 30 day period (August 18 - September 16) and down $31,821 (5.3%) from the same time one year ago.
Inventory Change
There were 1,421 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is down 0.1% compared with the previous 30 day period (August 18 - September 16) and down 11.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($11,521) (2.0%) below asking price over the last 30 days (September 17 - October 16), which represents a $2,255 decrease compared to the previous 30 day period (August 18 - September 16) and ($8,695) 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 1-bedroom condos in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 36.7%, up from 34.9% over the previous 30 days (August 18 - September 16) and up from 26.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (September 17 - October 16), compared to 60 days before being removed from the market upon being suspended or terminated.
Listing contracted with Keller Williams Referred Urban Realty
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