550 Queens Quay W 809
Waterfront Communities C1, Downtown Toronto, M5V 3M8
FOR SALE
$785,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
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Property Description
Enjoy lakeside living at its finest. Welcome to this exquisite 2-bedroom, 2-bathroom condolocated in the heart of Torontos vibrant waterfront community. Offering unparalleled south west views of Lake Ontario, this meticulously designed suite is a serene escape from the citys hustle, yet perfectly positioned for convenience and lifestyle. Step into an open-concept living and dining space bathed in natural light, with floor-to-ceiling windows showcasing breathtaking sunsets and serene water views. The sleek kitchen boasts modern cabinetry, ample counter space, and a central island featuring a breakfast bar. Located steps from the Waterfront Trail, Harbourfront Centre, shops, dining, and transit, this property delivers the ultimate urban lifestyle. Ideal for anyone seeking a tranquil home with modern conveniences. Building amenities include a fitness center, rooftop terrace, 24-hour concierge, and more, providing the ultimate in comfort and convenience. Dont miss this rare opportunity to own a slice of Toronto's waterfront luxury.
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Nearby Intersections
Property Features
Lake/Pond, Marina, Park, Public Transit, Waterfront
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$2,992 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P3)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 12.93' x 15.52' | Large Window, Combined W/Dining |
| Dining | Flat | 12.93' x 15.52' | Large Window, Combined W/Living |
| Kitchen | Flat | 8.04' x 11.02' | Breakfast Bar, Open Concept, Pot Lights |
| Prim Bdrm | Flat | 10.50' x 13.02' | 3 Pc Ensuite, W/I Closet, Large Window |
| 2nd Br | Flat | 9.02' x 11.55' | Sw View, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Queens Quay W 809 is a 2-bedroom 2-bathroom condo listed for sale at $785,000, which is $24,919 (3.3%) higher than the average sold price of $760,081 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $30,132 (4.1%) compared to the previous 30 day period (December 20 - January 18) and down $22,338 (2.9%) from the same time one year ago.Inventory Change
There were 1,207 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 49.2% compared with the previous 30 day period (December 20 - January 18) and up 15.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,882) (2.2%) below asking price over the last 30 days (January 19 - February 17), which represents a $2,296 increase compared to the previous 30 day period (December 20 - January 18) and ($14,004) 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 (January 19 - February 17) stood at 27.7%, down from 34.7% over the previous 30 days (December 20 - January 18) and down from 47.2% 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 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Realty Inc.
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