85 Queens Wharf Rd 1511
Waterfront Communities C1, Downtown Toronto, M5V 0J9
FOR SALE
$599,000
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Property Description
Welcome to the Luxurious Spectra Condos, Situated in The Heart of the Downtown Waterfront Community. This Spacious 570 sq ft One-bedroom Unit Includes 1 Parking Spot And Offers a Spectacular North View. Enjoy a Bright, Open-concept Living Space with Floor-to-ceiling Windows and Laminate Flooring Throughout. The Modern Kitchen Features Stainless Steel Appliances and Stunning Views. This Unit is Ideally Located Steps from TTC, Libraries, Grocery stores, Restaurants, and an 8.5-acre park. Residents Benefit from Luxurious Amenities, Including a three-level Private Club with an Indoor pool, Rooftop hot tub, Spa, Gym, Basketball court, Board/party room, Yoga studio, and many more.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,660 (2024)
Basement
None
Exterior
Insulbrick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (D)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 9.88' x 9.94' | Laminate, Double Closet, Open Concept |
Dining | Main | 9.88' x 9.94' | Laminate, O/Looks Living |
Living | Main | 13.06' x 11.15' | Laminate, Window, Juliette Balcony |
Prim Bdrm | Main | 10.01' x 12.40' | Laminate, Window, 4 Pc Ensuite |
Bathroom | Main | 6.63' x 9.38' | Laminate, Pot Lights, Combined W/Laundry |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
85 Queens Wharf Rd 1511 is a 1-bedroom 1-bathroom condo listed for sale at $599,000, which is $39,769 (7.1%) higher than the average sold price of $559,231 in the last 30 days (January 19 - February 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $3,008 (0.5%) compared to the previous 30 day period (December 20 - January 18) and down $36,630 (6.1%) from the same time one year ago.Inventory Change
There were 1,362 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 19 - February 17), which is up 47.6% compared with the previous 30 day period (December 20 - January 18) and up 27.4% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,787) (2.6%) below asking price over the last 30 days (January 19 - February 17), which represents a $1,429 decrease compared to the previous 30 day period (December 20 - January 18) and ($10,396) 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 (January 19 - February 17) stood at 25.6%, down from 34.0% over the previous 30 days (December 20 - January 18) and down from 52.6% 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 34 days when successfully sold over the last 30 days (January 19 - February 17), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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