550 Queens Quay, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Countertop Range
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
One of the most desirable buildings along Queens Quay. Begin your mornings in peaceful tranquility, sipping coffee on the expansive private balcony with an exceptional unobstructed view of the waterfront. This bright and spacious open-concept one bedroom plus den offers over 800 sq. ft. of thoughtfully designed living space. The chef-inspired kitchen features built-in appliances, large pantry cabinet, seamlessly flowing into the open living and dining room. Floor-to-ceiling windows flood the space with natural light. The generous primary bedroom includes a walk-in closet, a second closet, and direct access to the bath, while a separate two-piece powder room can be closed off for guests allowing for versatility and privacy. The den has walkout to the balcony is perfect for a home office, reading nook, or guest space. Enjoy the convenience of ensuite laundry with additional storage. This unit includes one parking space and one locker. World-class amenities include a rooftop terrace with BBQs, 24-hour concierge, visitor parking, guest suite (approx $150/night), party room, gym, and sauna. Just steps to transit, waterfront trails, marina, and the Toronto Music Garden, and minutes to Billy Bishop Airport, Scotiabank Arena, Rogers Centre, dining, shopping, and more-this is waterfront living at its finest.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, Waterfront, Clear View, Lake Access, Rec./Commun.Centre
Interior Features
Countertop Range
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 550 Queens Quay W 1226, Toronto C01, ON M5V 3M8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $599,000 in Toronto, the legal minimum down payment is $34,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,455 also applies, bringing the total estimated land transfer taxes to $16,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
