550 Queens Quay W 302

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550 Queens Quay W 302, Downtown Toronto
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C4194990
MLSID
Contact Us
Property Description
Luxury Waterfront Unit Over 800 Sq.Ft! Upgrades - Newly Renovated Gourmet Kitchen, Glass Tile Backsplash, Quartz Countertops (2018) New Roller Shades (2018) Freshly Painted (2018) New S/S Fridge (2015) New S/S Dishwasher (2015) Walk-In Closet, Led Lights -Hydro Only $65 Month! Garden Views, Fiberoptic, Pet Friendly, Streetcar In Front Of Building! Gym/24Hr Concierge/Roof Top Lounge W/Bbqs, Party Room, Steps To Waterfront, Cn Tower, Roger Centre, Acc & More!!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-07-10 2020-08-06 27 $2,500 $2,500 Leased
2020-02-14 2020-02-18 4 $2,500 $2,500 Leased
Extras
1 Parking, Oversized Locker, Queen Built-In Murphy Bed In Den, Island With Oven And Cooktop, Blackout Curtains In Bdrm, Washer/Dryer, Roller Blinds, Microwave, Walk-In Closet W/Built-In Shoe Rack, Nest Thermo. In-Suite Hvac/Climate Control
Property Features
Beach, Lake Access, Park, Public Transit, Rec Centre, Waterfront
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,793 (2017)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (C-82)
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingMain12.01' x 12.99'
DiningMain8.01' x 9.25'
KitchenMain8.01' x 12.99'
DenMain7.51' x 8.01'
BrMain10.50' x 12.01'
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
550 Queens Quay W 302 is a 1-bedroom 2-bathroom condo listed for sale at $664,000, which is $63,307 (10.5%) higher than the average sold price of $600,693 in the last 30 days (February 27 - March 27). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,634 (0.6%) compared to the previous 30 day period (January 28 - February 26) and down $14,192 (2.3%) from the same time one year ago.
Inventory Change
There were 1,396 1-bedroom condos listed in Downtown Toronto over the last 30 days (February 27 - March 27), which is up 25.0% compared with the previous 30 day period (January 28 - February 26) and up 29.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,941) (1.8%) below asking price over the last 30 days (February 27 - March 27), which represents a $973 decrease compared to the previous 30 day period (January 28 - February 26) and ($8,010) 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 (February 27 - March 27) stood at 45.7%, down from 48.2% over the previous 30 days (January 28 - February 26) and down from 64.9% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (February 27 - March 27), compared to 46 days before being removed from the market upon being suspended or terminated.
Listing contracted with Toronto Lofts Realty Corp., Brokerage
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