550 Queens Quay W 422

FOR SALE
$775,000
550 Queens Quay W 422, Downtown Toronto
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
550 Queens Quay W 422
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1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C5400752
MLSID
Contact Us
Property Description
Toronto Waterfront View! Spacious Sun-Filled Layout And Breathtaking 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.
Extras
Frigidaire Blk Fridge,S/S Dishwasher, Frigidaire Blk Stove W/Glass Cooktop,Oven & Range-Hood, Panasonic Microwave, All Elfs, All Window Coverings,Bathroom Mirrors, Samsung Washer & Dryer,All "As-Is" Condition. Tv & Wall Unit In Living Room.
Nearby Intersections
Property Features
Arts Centre, Clear View, Lake/Pond, Marina, Park
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,687 (2020)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain11.98' x 12.99'Hardwood Floor, Balcony, Open Concept
DenMain7.58' x 8.99'Hardwood Floor, Balcony, Open Concept
KitchenMain10.99' x 7.97'Hardwood Floor, Pantry, Breakfast Bar
DiningMain7.97' x 11.29'Hardwood Floor, Combined W/Kitchen, Open Concept
Prim BdrmMain11.98' x 10.60'3 Pc Ensuite, W/I Closet, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Queens Quay W 422 is a 1-bedroom 2-bathroom condo listed for sale at $775,000, which is $159,990 (26.0 %) higher than the average sold price of $615,010 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 $9,173 (1.5 %) compared to the previous 30 day period (August 18 - September 16) and up $47,578 (8.4 %) from the same time one year ago.
Inventory Change
There were 1,417 1-bedroom condos listed in Downtown Toronto over the last 30 days (September 17 - October 16), which is up 19.2 % compared with the previous 30 day period (August 18 - September 16) and down 35.6 % compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold $2,952 (0.5 %) above asking price over the last 30 days (September 17 - October 16), which represents a $1,354 increase compared to the previous 30 day period (August 18 - September 16) and ($5,318) 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 1-bedroom condos in Downtown Toronto over the last 30 days (September 17 - October 16) stood at 66.5 %, down from 68.5 % over the previous 30 days (August 18 - September 16) and up from 31.5 % one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 17 days when successfully sold over the last 30 days (September 17 - October 16), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Burloak Real Estate Services, Brokerage
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