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    Harbour Terrace
    by Miletus Incorporated

    401 Queens Quay W

    2for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    79
    Condo Completion:
    1989
    Condo Demand:
    Low
    Unit Size Range:
    460 - 3,067 SQFT
    Unit Availability:
    Low
    Property Management:
    Crossbridge Condominium Services Ltd.

    Listing History for Harbour Terrace

    Amenities

    Gym Room
    Rooftop Deck
    Visitor Parking
    Bike Storage
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 401 Queens Quay WHarbour Terrace

    Located at 401 Queens Quay W in The Waterfront neighbourhood, this 7-storey condominium offers residents a prime piece of lakeside real estate. Harbour Terrace sits directly against the shore, so you would be hard pressed to find a closer waterfront location without living on a boat.

    The building offers a relaxing array of amenities perfectly suited for a lakefront condominium — indoor pool, sauna, gym, party room, rooftop deck with garden, and parking garage.

    Harbour Terrace is an exclusive building, and Toronto condos for sale here are an ideal choice for professionals or empty nesters who are looking for a unique lakefront residence, minutes from Toronto’s best attractions.

    The Suites

    Due to the unique design of Harbour Terrace, 3 sides of this building have waterfront views, all of which have floor to ceiling windows to take full advantage of the scenery. Suite sizes range from 659 for a 1 bedroom suite to over 2500 square feet for a penthouse.

    These exclusive suites have seen their share of personalization, so finishes may vary, but expect hardwood floors, ensuite laundry, floor to ceiling windows, and private balconies — some units have wood burning fireplaces.

    The Neighbourhood

    The Waterfront neighbourhood is one of the most desirable areas in the city — with a perfect blend of urban living and natural scenery, this neighbourhood has all the convenience of a bustling downtown Toronto location and the green spaces you would only expect to find in a suburban area.

    When you step out your front door at Harbour Terrace you have immediate access to HTO Park West and Martin Goodman Trail; the Martin Goodman trail extends for kilometres along the waterfront, linking lakeside parks and providing scenic jogging trails for residents. This area has a wealth of recreation options, from water related activities like rowing and sailing, to tennis courts and baseball diamonds.

    If recreation does not appeal to you and you merely wish to enjoy the scenic views that come with your condo, then the big attractions of downtown Toronto might be more of a draw for this location. Baseball fans can stroll to Rogers Centre for Blue Jays games, or a take a quick ride on streetcar for the Leafs and Raptors at Scotiabank Arena. You can act like a tourist on your own city and visit the CN Tower, Ripley’s Aquarium of Canada and Steam Whistle Brewery. The Harbourfront Centre is only minutes to the east on Queens Quay West, where you can take in the latest events and enjoy the lively atmosphere.

    From your home at 401 Queens Quay West, you have great restaurants and cafes within walking distance; Amsterdam BrewHouse, Mamma's Pizza, Pizzaiolo Gourmet Pizza, Swiss Chalet and Shoeless Joe's Sports Grill are less than a 5 minute walk away. For morning coffee, you have your pick of Starbucks, Boxcar Social, and Tim Hortons. And for Groceries and essential purchases; there's a Rabba Fine Foods and a Sobeys Urban Fresh on Queens quay, and a Shoppers Drug Mart directly across the Street.

    Transportation

    Harbour Terrace has a Walk Score of 89, so residents can take in the scenic sights while running errands on foot. For those who require public transit, there are streetcars right outside your front door, leading to Union Station for subway lines.

    Drivers have easy access to the Gardiner Expressway via Spadina Avenue — avoiding city traffic altogether.

    2

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    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $59,651
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $101,613
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Spanish
    1%
    Mandarin
    8%
    Cantonese
    7%
    Tamil
    1%
    English
    39%
    Indigenous Language
    32%
    Other
    11%
    Education
    High School
    24%
    Apprenticeship
    3%
    University and Above
    36%
    College
    15%
    University Below Batchelor
    3%
    None
    16%
    Major Field of Study
    Personal, Protective & Transportation Services
    2%
    Health & Related Fields
    11%
    Architecture & Engineering
    20%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    3%
    Business Management
    26%

    Price Trends

    Building Trends At Harbour Terrace

    Days on Strata

    Units at Harbour Terrace spend an average of
    106
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    12.4
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    34th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Harbour Terrace offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    Harbour Terrace has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    Harbour Terrace yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    Harbour Terrace is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 401 Queens Quay W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$1,250,000No Data$1,150,000No DataNo Data
    Avg. Cost Per Sqft$966No Data$805No DataNo Data
    Avg. Wait for Unit Availability557 Days316 Days356 Days777 Days1163 Days
    Ratio of Units in Building15%12%55%15%5%

    Maintenance Fees

    Harbour Terrace vs The Waterfront Area

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