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    402 - 401 Queens Quay W

    For SaleHarbour Terrace
    $1,099,999
    1 Bed + 1
    2 Bath
    1 Parking
    1,500 SQFT
    11 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $733/sqft
    Maintenance Fees:
    $1,627/mth
    Taxes:
    $5,224 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    May 1, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Dining, Overlooks Water, Irregular Room
    31.33 x 17.65ft
    Dining
    Combined with Living, Walkout To Balcony, Overlooks Water
    31.33 x 17.65ft
    Kitchen
    Centre Island, Built-in Range, Illuminated Ceiling
    11.32 x 10.6ft

    About this Listing

    Introducing an unparalleled LAKESIDE OASIS: your luxury condo awaits! With approximately 1500 square feet of lavish living space, indulge in multi-million-dollar views of the island, marina, airport, and parks - truly the pinnacle of city panoramas. Every sunset becomes a breathtaking spectacle through expansive wall-to-wall windows, offering an unparalleled vista that must be experienced to be believed. Enjoy the serenity of watching airplanes glide by and take off, all from the tranquility of your own home, shielded from any unwanted noise disturbance. Nestled so close to the water's edge, you could cast a fishing line from your balcony. Embark on leisurely strolls or exhilarating bicycle rides along Queens Quay, immersing yourself in the vibrant pulse of downtown living. Surrounded by lush parks and just steps away from convenient shopping, entertainment, and the bustling nightlife of the city, this condo epitomizes luxury and convenience. Imagine effortlessly parking your boat on the lower level for impromptu excursions on the water. Spanning just under 1500 square feet, this condo offers double the space of most others in the area, providing ample room for comfortable living. Indulge in the amenities of a fully-equipped gym, refreshing pool, and soothing sauna with access to all conveniently located on the same floor. In a building boasting fewer than 80 units, you'll rarely find yourself waiting for the elevator, ensuring seamless access to your exclusive retreat. Don't miss the chance to transform this extraordinary condo into your next dream home - schedule your viewing today and prepare to be captivated! ****EXTRAS****1 underground parking spot.

    Extras1 underground parking spot

    kee plus realty ltd.MLS® #C8249312


    Amenities

    Security System
    Party Room
    Concierge
    Sauna
    Indoor Pool
    Indoor Parking

    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
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    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 (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    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

    36th
    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

    6
    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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