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    for sale
    46 Days on Strata

    318 - 550 Queens Quay

    $749,000
    Cut $26,000 · Feb 23
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    1 Bed + 1
    1 Bath
    1 Parking
    800 SQFT

    Price History


    Maintenance Fees:
    $655/mth
    Taxes:
    $3,378 (2025)
    Property Type:
    Condo Apartment
    Cost Per Sqft:
    $936/sqft
    Outdoor Space:
    Balcony
    Ensuite Laundry:
    Yes
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    South

    Amenities

    Concierge
    Gym
    Party Room
    Rooftop Deck
    Sauna
    Visitor Parking

    About this Listing

    Enjoy Luxury Lakefront Living! - A Stylish 1Bedroom +Den suite offering over 800 sq. ft. of interior space. Wake up to breathtaking south-facing lake views from your private balcony and enjoy natural light streaming through floor-to-ceiling windows. The thoughtfully designed open-concept layout features a fully equipped designer kitchen with a large centre island, seamlessly flowing into the spacious living area and an open den - ideal for home office. The primary bedroom offers both a walk-in closet and additional built-in closet space. A unique 5-piece ensuite includes a glass cabinet, 2 separate sinks, and is thoughtfully split into two sections for added privacy and convenience. Elegant wood flooring throughout and in-suite laundry complete this exceptional home. A well-managed building with low maintenance fees and premium amenities including: panoramic rooftop terrace, BBQ area, gym, sauna, steam room, guest suite, library, party room, 24-hour concierge and underground visitor parking. TTC streetcar at your doorstep. Steps to Toronto Music Garden and waterfront trails. Short walk to Union Station, Scotiabank Arena, Rogers Centre, Billy Bishop Airport, restaurants, shops and more - this is downtown living at its finest! 1 Parking & 1 Locker included.

    ExtrasRefrigerator, Stove, Microwave, Dishwasher, Hood, Washer & Dryer. All Existing Electrical Light Fixtures and Window Coverings in As-is condition.

    century 21 miller real estate ltd.MLS® #C12811094

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Not Included
    Heating Type
    Forced Air
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Rooms


    Living
    11.75 x 10.79ft
    Windows Floor to Ceiling, Combined with Den, carpet free
    Kitchen
    10.96 x 10.07ft
    Built-in Appliances, Combined with Dining, Double Sink
    Dining
    11.55 x 10.63ft
    Open Concept, Combined with Kitchen, carpet free
    Bedroom
    10.5 x 15.52ft
    Walk-in Closet, 5 Piece Ensuite, carpet free
    Den
    10.04 x 7.22ft
    Windows Floor to Ceiling, Combined with Living, carpet free

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore The Waterfront

    Map

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    map of location
    View My Travel Time
    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    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%


    Days on Strata

    Units at 550 Queens Quay spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -9%
    Decrease in property value within the past twelve months

    Price Ranking

    32nd
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    550 Queens Quay offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    550 Queens Quay has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    550 Queens Quay yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    550 Queens Quay is the
    ?
    most popular building out of 45 condos in neighbourhood

    Market Insights

    Transaction Insights at 550 Queens Quay

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$605,000$610,000 - $620,000$845,000 - $1,569,999No Data
    Avg. Cost Per SqftNo Data$838$769$1,033No Data
    Avg. Wait for Unit AvailabilityNo Data106 Days119 Days134 DaysNo Data
    Ratio of Units in Building1%27%43%30%1%

    Market Inventory

    Total number of units listed and sold in Waterfront