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    Toronto / Downtown / The Waterfront

    PH1001W - 500 Queens Quay W

    For Rent500 Queens Quay West
    $23,000/mth
    3 Beds
    3 Bath
    2 Parking
    3,500 - 3,749 SQFT
    22 Days on Strata
    Est Lease Timeframe
    31 Days

    Listing History

    Unit Highlights

    Possession Date:
    To Be Determined
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    Yes
    Exposure:
    South
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Foyer
    Limestone Flooring
    0 x 0ft
    Living
    Hardwood Floor, Fireplace
    0 x 0ft
    Dining
    Hardwood Floor
    0 x 0ft

    About this Listing

    Welcome to this one-of-a-kind penthouse unit, a recently renovated and fully furnished masterpiece offering a rare opportunity to experience luxurious waterfront living. Perched above the marina and island airport, this two-story, 3-bedroom home is a turnkey oasis designed for those who appreciate the finest things in life. With expansive floor-to-ceiling windows and soaring vaulted ceilings, the space is filled with natural light and panoramic views that stretch across the water. Every inch of this unit has been thoughtfully crafted with brand-new, high-end finishes, making it feel like your dream home come to life. Experience the new Chefs kitchen with top-of-the-line appliances, the spacious Primary suite with a one-of-a-kind view, and the two private balconies, complete with outdoor furniture. This unit comes fully equipped, down to the smallest detail. Building amenities include a great gym, 24 hr Concierge, and conference room and party room.

    sotheby`s international realty canadaMLS® #C11821914

    Amenities

    Party Room
    BBQs Allowed
    Rooftop Deck
    Sauna
    Gym Room
    Security System

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    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%

    Price Trends

    Maintenance Fees

    500 Queens Quay West vs The Waterfront Area

    Building Trends At 500 Queens Quay West

    Days on Strata

    Units at 500 Queens Quay West spend an average of
    47
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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
    4.1
    YEARS before being sold again

    Property Value

    10%
    Increase in property value within the past twelve months

    Price Ranking

    30th
    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

    14
    Units were Rented over the past twelve months

    Best Value Rank

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

    Appreciation Rank

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

    Rental Yield

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

    High Demand

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

    Transaction Insights at 500 Queens Quay W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$550,000$690,000$930,000No DataNo DataNo Data
    Avg. Cost Per Sqft$931$899$950No DataNo DataNo Data
    Avg. Wait for Unit Availability295 Days225 Days229 Days216 Days410 DaysNo Data
    Ratio of Units in Building21%17%38%17%7%2%

    Transactions vs Inventory

    Total number of units listed and leased in Waterfront