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    Toronto / Downtown / The Waterfront

    Ph1001E - 500 Queens Quay

    For Sale500 Queens Quay West
    $2,699,000
    Price Cut: $2,889,000
    2 Beds
    3 Bath
    2 Parking
    2,000 SQFT
    22 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $1,865/mth
    Taxes:
    $6,903 (2024)
    Cost Per Sqft:
    $1,350/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    30days vacancy
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Get ready for an extraordinary opportunity that's rare to come by, a waterfront penthouse completely renovated overlooking the music garden and the lake! This breathtaking 2,000 sqft 2bdrm 2.5bath oasis has stunning views from wrap around floor to ceilings windows bringing in bountiful natural light and air. Picture yourself in a custom-designed kitchen with premium finishes & induction stove for efficient cooking. Walk on exquisite hardwood & marble floors. Enjoy the comfort of heated floors in ensuite bathroom w/ ample custom closets in both bedrooms. This condo is the epitome of luxury and comfort! Breathe the fresh air from one of three private balconies at your disposal! Live life at the forefront, close to local hotspots and public transit.

    ExtrasS/S appliances: fridge, stove, b/i dishwasher, stacked washer and dryer, all window coverings, all electric light fixtures, fire place, wine cellar.

    century 21 mypro realtyMLS® #C9282507

    Amenities

    Rooftop Deck
    BBQ
    Bike Storage
    Security System
    Gym Room
    Concierge

    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!

    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

    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
    49
    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

    0%
    Increase 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

    12
    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$930,000$940,000No DataNo Data
    Avg. Cost Per Sqft$931$899$950$865No DataNo Data
    Avg. Wait for Unit Availability295 Days225 Days229 Days216 Days410 DaysNo Data
    Ratio of Units in Building21%17%39%16%7%2%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront