550 Queens Quay 429

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550 Queens Quay 429, Downtown Toronto
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C3739491
MLSID
Contact Us
Property Description
Waterfront Loft Living. 2 Storey Sunfilled Layout, 18 Ft Windows, Immaculately Maintained + Renovated. One Of The Only Lofts In The Community. Owned Parking + Locker. Updated Kitchen With Granite Counter Tops, Renovated Custom 4 Piece Bath + Jacuzzi/Hydro Massage Tub. Enjoy The New Harbour Front With Dedicated Bike Lanes, Music Garden Or Jog Along Side The Lake. Ttc Right Out The Front Door, Park, Yacht Club, Financial District, Clubs, Dining, Dvp/Lakeshore.
Extras
550 Queens Quay Is A Boutique Style Building Undergoing A Stunning Renovation - Hallways And Corridors Will Be Completed Shortly. Enjoy Rooftop Patio/Bbq, Rec Rm, Exercise Rm, Security/Concierge. Shows 10+++. Check Out The Virtual Tour
Property Features
Lake/Pond, Marina, Public Transit, Rec Centre, School, Waterfront
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,860 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (#361)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain10.99' x 14.60'Combined W/Dining, Laminate, W/O To Balcony
DiningMain10.99' x 14.60'Combined W/Living, Laminate
KitchenMain7.22' x 7.38'Renovated, Granite Counter, Open Concept
Master2nd10.99' x 12.80'4 Pc Ensuite, Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Queens Quay 429 is a 1-bedroom 1-bathroom condo listed for sale at $440,000, which is $162,936 (27.0%) lower than the average sold price of $602,936 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $7,168 (1.2%) compared to the previous 30 day period (February 9 - March 9) and down $19,162 (3.1%) from the same time one year ago.
Inventory Change
There were 1,336 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is up 3.6% compared with the previous 30 day period (February 9 - March 9) and up 36.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,476) (1.6%) below asking price over the last 30 days (March 10 - April 8), which represents a $1,496 increase compared to the previous 30 day period (February 9 - March 9) and ($4,645) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 10 - April 8) stood at 50.3%, up from 44.7% over the previous 30 days (February 9 - March 9) and down from 73.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 10 - April 8), compared to 45 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Hallmark Realty Ltd., Brokerage
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