Skip to main
Strata Logo
    Toronto / Downtown / The Waterfront

    429 - 550 Queens Quay W

    For Rent550 Queens Quay
    $2,850/mth
    Price Cut: $3,050
    1 Bed
    1 Bath
    1 Parking
    700 SQFT
    31 Days on Strata
    Est Lease Timeframe
    29 Days

    Listing History

    Unit Highlights

    Possession Date:
    November 1, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    North
    Locker:
    Exclusive
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, Laminate
    14.6 x 10.99ft
    Dining
    Combined with Living, Built-in Bar, Laminate
    14.6 x 10.99ft
    Kitchen
    Granite Counter, Renovated, 4 Piece Ensuite
    7.38 x 7.22ft

    About this Listing

    Modernly Renovated High-Ceilings 18 Foot Appointed 2 Level Loft Condo Apartment Unit by the Waterfront in the Coveted Harbourfront and Sought After Boutique Style Waterfront Condo Building is a place where many want to live. This unit includes an Exclusive Parking Space and Locker and over 700 Sq Ft (With Balcony), Thousands Spent In Upgrades, a Renovated Kitchen With Granite Countertops, a Newer Kitchen, and Laundry Appliances. The upstairs Custom 4 Piece Bathroom has A Jacuzzi Hydro-Massage Tub and a Separate Large Glass Shower. There is New Flooring Throughout the unit, and the Stairs are Hardwood to the loft bedroom.

    ExtrasLarge Bedroom Fits King Size Bed w/ Side Tables, 2 Closets, Absolutely Stunning Rooftop Terrace With Lake And City Views, a BBQ w/ Sitting Area, Gym, Locker, 1 Parking Space Included. Newer Appliances, All Electric Light Fixtures and Bar.

    queensway real estate brokerage inc.MLS® #C9384051

    Amenities

    Rooftop Deck
    Gym Room
    Concierge
    Party Room
    Rec Room
    Visitor Parking

    Explore Neighbourhood

    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!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    550 Queens Quay vs The Waterfront Area

    Building Trends At 550 Queens Quay

    Days on Strata

    Units at 550 Queens Quay spend an average of
    41
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    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
    5.4
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    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

    4
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 550 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$550,000 - $636,000$810,000$865,000No Data
    Avg. Cost Per SqftNo Data$947$1,018$880No Data
    Avg. Wait for Unit AvailabilityNo Data92 Days97 Days112 DaysNo Data
    Ratio of Units in Building1%28%42%30%1%

    Transactions vs Inventory

    Total number of units listed and leased in Waterfront