85 Queens Wharf Rd 501
Waterfront Communities C1, Downtown Toronto, M5V 0J9
FOR SALE
$612,500
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5 + 1
ROOMSC9374730
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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.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-05 | 2024-09-22 | 48 | $615,000 | - | Suspended |
| 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(2023) All existing light fixtures & window coverings. TTC restaurants, groceries & banks at your door steps. Short drive to DVP, QEW & Gardiner ExWay
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,920 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
85 Queens Wharf Rd 501 is a 1-bedroom 1-bathroom condo listed for sale at $612,500, which is $43,264 (7.6%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Landstars 360 Realty Inc.
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