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    500 Queens Quay W

    500 Queens Quay West
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    1for Sale
    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    11
    Number of Units:
    187
    Condo Completion:
    2000
    Condo Demand:
    Medium
    Unit Size Range:
    537 - 5,132 SQFT
    Unit Availability:
    Low

    Listing History for 500 Queens Quay West

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    Amenities

    Rooftop Deck
    Gym Room
    Concierge
    Party Room
    Guest Suites
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 500 Queens Quay W500 Queens Quay West

    Situated in Toronto’s Waterfront neighbourhood, 500 Queens Quay West comprises 2 buildings separated by a manicured courtyard and facing the Waterfront Trail. These 11-storey condos house 187 units between them and afford residents a private enclave minutes from Toronto’s most memorable attractions.

    This property has a competitive list of building amenities — exercise room, sauna, hot tub, function room, security guard, 24 hour concierge, parking garage, and air conditioning. This property is pet friendly, so both you and your furry companion are welcome.

    All units are spacious and well designed; from a 1 bedroom to the stunning 3 bedroom penthouses, there is a condo at 500 Queens Quay to fit any lifestyle.

    The Suites

    Built in 1999, these condos follow a variety of layouts starting at 576 for a 1 bedroom, to a whopping 3834 square feet for a 3 bedroom penthouse. These condos are open concept with floor to ceiling windows — most feature hardwood floors, modern kitchens and updated bathrooms — some units have private balconies.

    For those seeking Waterfront condos for sale who aren't concerned with budget; 500 Queens Quay West has staggering two-storey penthouses. These suites are massive, with eighteen foot ceilings and expansive 500 square foot terraces — equipped with a hot tub and one of the best harbour views in the city.

    Even if you don’t own one of the penthouses, you can impress your guests with the large function rooms, pristine walking trails and available guest parking for overnight stays.

    The Neighbourhood

    Living so close to the waterfront is a luxury that few get to experience and the fact that this neighbourhood has the convenience to match its natural beauty, only makes this location more desirable. For grocery shopping, there is Sobeys Urban Fresh Spadina, Harbour Green Market for fresh produce and a Rabba Fine Foods on Queen Quay West. There are cafes on Queens Quay West like Music Garden Café, Starbucks and Touti Gelati — all within minutes from your condo.

    For entertainment, there are many options in the area — there are touristy locations such as the CN Tower, Ripley’s Aquarium of Canada, and the Harbour Front Centre for cultural events. Nightlife is limitless with the Entertainment District just to the north, there you will find trendy nightclubs, pubs, and unique bars with live music. For dining, there are many restaurants in the Entertainment District for casual meals and special events, and a vast selection in nearby King West as well.

    Of course, you cannot mention entrainment in this area without acknowledging the opportunities for sports fans; 500 Queens Quay is a short walk to the Rogers centre, and a quick ride on the TTC to the Scotiabank Arena.

    One of the best aspects of waterfront living is quick access to nature and recreation, without leaving the city. From your front door you are only minutes away from the beach at HTO Park, or tree shrouded paths at Little Norway Park. There is also Coronation Park ,which has an off leash dog park for letting your puppy roam free. Joggers have kilometres of scenic trails to choose from, so your only limitation will be your endurance.

    Transportation

    500 Queens Quay West has a Walk Score of 88; those working downtown may choose to walk instead of riding the TTC or driving. Additionally, with grocery stores so close by and a shoppers Drug mart just a few blocks down, picking up the essentials is an easy task.

    Residents relying on public transit have streetcar service on Queens Quay West, connecting to Spadina and Bathurst. For longer trips; you can take the streetcar to Union Station and hit the subway lines for inner city travel or GO Transit for other cities in the Golden Horseshoe. For air travel, the ferry to Billy Bishop Airport is less than a 5 minute walk.

    Drivers have it made at this location — The Gardiner Expressway is only minutes away via Spadina Avenue.

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    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    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!

    Similar condos

    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    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%

    Maintenance Fees

    500 Queens Quay West vs The Waterfront Area

    Days on Strata

    Units at 500 Queens Quay West spend an average of
    49
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    4.1
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    500 Queens Quay West offers the
    ?
    best value out of 41 condos in neighbourhood

    Appreciation Rank

    500 Queens Quay West has the
    ?
    highest ROI out of 41 condos in neighbourhood

    Rental Yield

    500 Queens Quay West yields the
    ?
    highest rent prices out of 41 condos in neighbourhood

    High Demand

    500 Queens Quay West is the
    ?
    most popular building out of 41 condos in neighbourhood

    Transaction Insights at 500 Queens Quay W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$550,000$690,000$930,000$940,000No DataNo Data
    Avg. Cost Per Sqft$931$899$950$865No DataNo Data
    Avg. Wait for Unit Availability295 Days225 Days229 Days216 Days410 DaysNo Data
    Ratio of Units in Building21%17%38%17%7%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Waterfront