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    405W - 500 Queens Quay W

    For Sale500 Queens Quay West
    $999,997
    2 Beds
    2 Bath
    1 Parking
    1,064 SQFT
    38 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $1,086/mth
    Taxes:
    $3,798 (2024)
    Cost Per Sqft:
    $940/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Overlooks Water
    21.95 x 10.96ft
    Dining
    Combined with Living, Hardwood Floor, Overlooks Water
    21.95 x 10.96ft
    Prim Bdrm
    Walk-in Closet, Hardwood Floor, Se View
    14.96 x 10.56ft

    About this Listing

    Step into this spacious and well-lit two-bedroom, two-bathroom unit, ideally located in one of the most sought-after buildings along Toronto's Harbourfront. Boasting approximately 1,064 square feet of modern living space, this unit offers an incredible combination of luxury and convenience. You'll be within walking distance of shopping, parks, the lake, dining options, Scotiabank Arena, Rogers Centre, and much more placing you right in the heart of all the action. The building's premium amenities include a state-of-the-art fitness center, a peaceful library, a fully equipped conference room, a vibrant party room, and an outdoor barbecue area. Residents can also enjoy the benefits of 24-hour concierge service and visitor parking. One parking space and a locker are included, making this unit a perfect blend of comfort, style, and convenience in one of Toronto's most desirable neighborhoods

    sotheby`s international realty canadaMLS® #C11950802


    Amenities

    Concierge
    Rooftop Deck
    Party Room
    Security System
    Bike Storage
    Gym Room

    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%

    Maintenance Fees

    500 Queens Quay West vs The Waterfront Area

    Days on Strata

    Units at 500 Queens Quay West spend an average of
    18
    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
    4.1
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    27th
    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

    15
    Units were Rented over the past twelve months

    Best Value Rank

    500 Queens Quay West offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    500 Queens Quay West has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    500 Queens Quay West yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    500 Queens Quay West is the
    ?
    most popular building out of 45 condos in neighbourhood

    Transaction Insights at 500 Queens Quay W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$690,000$930,000No DataNo DataNo Data
    Avg. Cost Per SqftNo Data$899$950No DataNo DataNo Data
    Avg. Wait for Unit Availability271 Days278 Days255 Days192 Days410 DaysNo Data
    Ratio of Units in Building23%16%35%20%6%3%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront