85 Queens Wharf Rd 501

FOR SALE
$615,000
85 Queens Wharf Rd 501, Downtown Toronto
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
85 Queens Wharf Rd 501
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5 + 1
ROOMS
C9239719
MLSID
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Property Description
Located in Toronto's vibrant entertainment district. Cozy 1 bedroom, 1 bath plus den with 698 sqft of living space featuring floor to ceiling windows. The sun drenched living room walking out to a generous size south exposure balcony. Large den can easily be utilized as a 2nd bedroom. Functional layout, quality features & finishes. Laminate flooring throughout. Open concept kitchen equipped with under mount sink, backsplash, LED valence lighting and plenty of storage. Granite kitchen & bathroom countertop. 24/7 security. State-of-the-art gym, yoga studio, and cardio room. Billiards, meeting room & lounging areas. Indoor pool & outdoor hot tub. Children's playroom, Tai Chi deck & BBQ. Steps to restaurants, groceries, banks, parks, Rogers Centre, CN Tower, Financial District & all major attractions.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-03-11 2024-07-12 128 $635,000 - Suspended
2021-12-06 2021-12-20 14 $2,150 $2,150 Leased
2020-10-12 2020-12-18 67 $1,900 $1,800 Leased
2020-08-05 2020-09-23 49 $2,000 - Terminated
2020-06-05 2020-08-07 63 $2,100 - Terminated
Extras
SS fridge, dishwasher, microwave & hood fan. Glass cooktop/oven. Stacked front loading W&D. All existing light fixtures & Window coverings. TTC, restaurants, groceries & banks at your door steps. Short drive to DVP, QEW & Gardiner ExWay
Nearby Intersections
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,918 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain29.53' x 32.81'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
85 Queens Wharf Rd 501 is a 1-bedroom 1-bathroom condo listed for sale at $615,000, which is $49,016 (8.7%) higher than the average sold price of $565,984 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $13,085 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $49,802 (8.1%) from the same time one year ago.
Inventory Change
There were 1,473 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 6.3% compared with the previous 30 day period (July 17 - August 15) and up 0.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,793) (1.7%) below asking price over the last 30 days (August 16 - September 14), which represents a $71 decrease compared to the previous 30 day period (July 17 - August 15) and ($6,422) 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 (August 16 - September 14) stood at 34.1%, down from 35.9% over the previous 30 days (July 17 - August 15) and down from 35.6% 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 33 days when successfully sold over the last 30 days (August 16 - September 14), compared to 59 days before being removed from the market upon being suspended or terminated.
Listing contracted with Landstars 360 Realty Inc.
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