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    Toronto / Downtown / The Waterfront

    205 - 550 Queens Quay Way

    For Rent550 Queens Quay
    $2,575/mth
    Price Cut: $2,650
    1 Bed
    1 Bath
    1 Parking
    600 SQFT
    25 Days on Strata
    Est Lease Timeframe
    31 Days

    Listing History

    Unit Highlights

    Possession Date:
    Flexible
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    None
    Furnished:
    Partially
    Exposure:
    South West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Water
    Parking
    Building Insurance
    Excluded
    Hydro
    Heat

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, West View
    13.32 x 12.11ft
    Dining
    Hardwood Floor, Combined with Kitchen, Open Concept
    13.32 x 8.76ft
    Bedroom
    Hardwood Floor, Large Window, Modern Kitchen
    12.17 x 8.86ft

    About this Listing

    Waterfront Living At Its Peak! Stunning Boutique Building Right On Torontos Harbour. With Over 600 Square Feet Of Living Space, An Oversized Bedroom With Wall To Wall Closet, And An Open Concept Living And Dining Area That Is Perfect For Entertaining, This Unit Is What You're Looking For! Both Parking And Locker Included, Steps To The Lake, Transit, Rogers Centre, Billy Bishop Airport, Shopping, Fort York, And More! 24hr Concierge, Gym, Dry and Steam sauna, Party Room, Rooftop Terrace, BBQ area, Ample Visitor Parking.

    ExtrasUnderground Parking, Oversized Locker, Fridge, Stove, Dishwasher , Washer & Dryer, Can be leased fully furnished for an additional fee.

    re/max west realty inc.MLS® #C11547945

    Amenities

    Concierge
    Bike Storage
    Indoor Parking
    Rooftop Deck
    Party Room
    Rec Room

    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
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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

    -3%
    Decrease in property value within the past twelve months

    Price Ranking

    24th
    Highest price per SQFT out of 41 condos in The Waterfront area

    Sold Units

    3
    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$636,000$810,000$865,000No Data
    Avg. Cost Per SqftNo Data$1,040$1,018$880No Data
    Avg. Wait for Unit AvailabilityNo Data89 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