22 hours on Market

550 Queens Quay #201, Toronto, Ontario M5V 3M8

In the same building:
-
Condo
1
1
~700-799 sqft
$649,000
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Condo
1
1
~700-799 sqft

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Highlights

Property Estimate

Days on market22 hours

Estimated valueNot available

Price/Sqft$870/sqft

Monthly cost

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CMA Subject Property

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+34

Properties sold*

$710K

Median sold price*

*Based on last 30 days

Description

Live by the Lake in this Highly Sought After, Mid-Rise Boutique Building on the Waterfront. This Rarely Offered Layout is truly South-Facing with an unobstructed view of the Lake, park, trail. With an Open Concept, Bright + Spacious Floor Plan + Floor to Ceiling Windows along with a Spacious and Private Balcony, you'll love living here. The generous Primary Bedroom - King-Size Bed ready, has a spacious walk-in closet and entrance to Bath (note: Separate 2-piece for extra privacy). All rooms (kitchen/dining/living/bedroom have a great view). The privacy of the balcony is extra special (adding 66 sq ft of lifestyle space). The Unit also comes with 1 parking spot and 1 locker. What the Sellers (who have outgrown the space) love most about their UNIT: 1. View of the Lake. 2. Island in the Kitchen. 3. Large Bedroom. 4. Balcony is a good size. 5. Extra bathroom sink with a 2nd entrance through Bedroom. 6. Primary parking spot. 7. Easy access to the stairs. The LOCATION: 1. Water + TTC at our doorstep with the Streetcar having a designated lane that goes right to Union. 2. Walking/Running/Cycling the waterfront trail. 3. Walking distance to Rogers Center, Scotiabank Arena, Bud Stage, King West, Water Taxis to the Island, Walk-in clinic next door, Billy Bishop Airport, 3 grocery stores + Shoppers Drug Mart. 3. The pedestrian bridge in Garrison park makes it very easy to access numerous neighbourhoods including Queen West, the Ossington strip + Trinity Bellwoods. Liberty Village and the exhibition grounds are also within walking distance. What they love about the CONDO BUILDING: 1. Clean, well-managed + well-maintained. 2. The Rooftop BBQ's + space for lounging/entertaining with an unobstructed view of the Lake + the Toronto city skyline. 3. The Party Room is a great party/event/work from home space. 4. The gym is welcoming, has updated equipment + includes a sauna + steam room. 5. 24-Hour knowledgeable concierge + security is a big perk. 6. Visitor Parking


Property Details

StyleApartment
ViewWater, Clear, Marina, Park/Greenbelt, Panoramic, Lake
Age of property-
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberC12411300
Community NameHarbourfront
Data SourceTRREB
Listing byREAL ESTATE HOMEWARD

Features

Heating: Forced Air
Cooling: Central Air

Main Floor

Foyer

1.09 x 1.98

Kitchen

4.5 x 4.01

Ceramic Floor / Centre Island / Combined W/Dining

Dining

4.5 x 4.01

hardwood floor / Eat-In Kitchen / Combined W/Kitchen

Living

5.13 x 3.86

hardwood floor / W/O To Balcony / Window Flr to Ceil


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


2Story
Amenities

Bike Storage, Party/Meeting Room, Rooftop Deck/Garden, Sauna, Visitor Parking, Gym

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Sep 18, 2025
ListedActive
$649,000
22 hours on market
history photo preview46
Listing by trreb®

Market Data - Harbourfront

Geo Zone Map ThumbnailHarbourfront

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2024

49 days

2023

28 days

2022

33 days

New Listings

Past 30 days

93 listings

Compared to

2024

96 listings

2023

110 listings

2022

86 listings

Units sold

Past 30 days

34 units

Compared to

2024

34 units

2023

51 units

2022

37 units

Median Sold Price

Past 30 days

$728,250

Compared to

2024

$709,900

2023

$750,000

2022

$740,000


Population and Demographics

Overview

Total population 14283
Average household income $157,854

Age (%)

0 to 19
8%
20 to 34
47%
35 to 49
23%
50 to 64
12%
65 and plus
10%

Household composition (%)

Single person
52%
Single family
38%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
62%
Mandarin
8%
Yue (Cantonese)
4%
Spanish
4%
Hindi
3%
French
3%
Russian
2%
Arabic
2%
Others
2%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget