Maintenance Fees
550 Queens Quay vs The Waterfront Area
725 - 550 Queens Quay W
$949,0002 bds2 ba1 pk1,055 sqft
For Sale550 Queens Quay
6 Days on Strata
$949,000
2 Beds
2 Bath
1 Parking
1,055 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$836/mth
Taxes:
$4,367 (2025)
Cost Per Sqft:
$900/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
South
Possession Date:
Negotiable
Amenities
Visitor Parking
Rec Room
Rooftop Deck
Party Room
Gym
Indoor Parking
Bike Storage
Sauna
Concierge
About this Listing
For more info on this property, please click the Brochure button. Lakefront living! Spacious corner unit with 1,063 sqft of modern living space, combining luxury and convenience. Newly renovated bright 2 bedroom, 2 full bathroom, large balcony overlooking the lake. Kitchen with granite counters and centre island. Walk-in closet and master ensuite featuring a standalone tub. Underground parking space and locker included. EV charger available. One of the Harbourfront neighbourhood's best run condo buildings. Premium building amenities: panoramic rooftop, BBQs, gym, sauna, steam room, guest suite, library and party room. 24-hour concierge service and visitor parking. TTC station opposite the street. Step outside for a peaceful lakeside stroll or take a short walk to the Scotiabank Arena, Rogers Centre, restaurants, shops, parks, trails and everything that makes city living exciting!
easy list realty ltd.MLS® #C12082243
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Foyer
4.92 x 4.27ft
Dining
20.01 x 11.16ft
Primary
11.81 x 11.48ft
Kitchen
10.5 x 7.55ft
Living
11.81 x 12.47ft
2nd Bedroom
10.17 x 9.84ft
Bathroom
3 Piece Ensuite
11.48 x 11.81ft
Bathroom
3 Piece Bath
8.2 x 5.25ft
Other
11.48 x 11.81ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
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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!
Mortgage Calculator
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%
Building Trends At 550 Queens Quay
Days on Strata
Units at 550 Queens Quay spend an average of
17
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
6%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance 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 againProperty Value
1%
Increase in property value within the past twelve months
Price Ranking
18th
Highest price per SQFT out of 45 condos in The Waterfront area
Sold Units
2
Units were Sold over the past twelve months
Rented Units
7
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
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
|---|---|---|---|---|---|
| Price Range | No Data | No Data | $750,000 - $845,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $1,025 | No Data | No Data |
| Price Range | No Data | $2,550 - $2,850 | $2,900 | $3,150 - $4,000 | No Data |
| Avg. Wait for Unit Availability | No Data | 89 Days | 103 Days | 115 Days | No Data |
| Avg. Wait for Unit Availability | No Data | 82 Days | 73 Days | 71 Days | No Data |
| Ratio of Units in Building | 1% | 29% | 41% | 30% | 1% |
Market Inventory
Total number of units listed and sold in Waterfront
