201 - 550 Queens Quay W

Nestled in the heart of the vibrant Waterfront Communities C1, this stunning condo for sale in Toronto at 550 Queens Quay W, Toronto, offers an exceptional living experience by the lake. This mid-rise boutique building is a true gem, providing residents with a unique blend of luxury and convenience. With its prime location, you’ll enjoy breathtaking views and easy access to a plethora of amenities.

As you step into this expansive 1-bedroom apartment, you'll immediately notice the south-facing orientation that allows for an abundance of natural light to flood the space. The floor-to-ceiling windows not only enhance the airy feel of the unit but also provide unobstructed views of the serene lake, picturesque park, and scenic trails. This condo for sale in Toronto is designed with an open concept layout that maximises both space and functionality, making it perfect for modern living.

The kitchen, located on the main floor, is well-equipped for all your culinary adventures, while the generous living area seamlessly connects to a private covered balcony. This outdoor space, adding an impressive 66 square feet of additional living area, is ideal for enjoying your morning coffee or unwinding after a long day while taking in the stunning surroundings. The large primary bedroom is king-size bed ready, featuring a walk-in closet that provides ample storage and a separate entrance to the ensuite bathroom. For added privacy, there is also a separate room with a two-piece bathroom, making it convenient for guests or simply for day-to-day use.

This condo for sale in Toronto at 550 Queens Quay W, Toronto, boasts a total of five rooms, providing plenty of space for relaxation and entertainment. Although there is no den or family room, the layout is cleverly designed to ensure that every inch is utilised efficiently. The unit is unfurnished, allowing you the freedom to personalise it to your taste.

For those who appreciate the finer details, this property comes equipped with central air conditioning, ensuring comfort throughout the year. While there is no pool or fireplace, the building offers a fantastic array of amenities that more than compensate for these features. The well-managed building includes a 24-hour concierge and security service, providing peace of mind for residents.

Parking is a breeze with one underground parking space included, along with a locker for additional storage. Visitor parking is also available, making it convenient for friends and family to come and visit. The location is simply unbeatable; just a short stroll away, you’ll find the iconic Rogers Centre, Scotiabank Arena, and Bud Stage, along with the trendy King West neighbourhood. The proximity to transit options and the water taxi service at your doorstep makes commuting a breeze, whether you're heading to the airport or across to the islands.

One of the standout features of this condo for sale in Toronto is the amazing rooftop terrace, which offers panoramic views of the city and the lake. This space is perfect for gatherings with friends and family, complete with BBQ areas and lounging chairs. Additionally, the building features a party room, ideal for entertaining or as a workspace for those who work from home.

Fitness enthusiasts will appreciate the welcoming gym, equipped with newer equipment, while the sauna and steam room provide the perfect retreat after a hard workout. With all these features and the vibrant community surrounding 550 Queens Quay W, Toronto, this condo for sale in Toronto truly represents a unique opportunity to embrace a lifestyle of comfort and convenience by the water. Don’t miss your chance to make this beautiful space your own!

Waterfront Communities C1, nestled along the scenic shores of Lake Ontario in Toronto, is a vibrant and dynamic area that seamlessly blends urban living with natural beauty. This geographic enclave boasts a stunning waterfront promenade, offering picturesque views and recreational opportunities, such as cycling and leisurely strolls. With its proximity to the bustling downtown core, residents enjoy easy access to a plethora of cultural attractions, dining options, and entertainment venues. The area is characterised by modern high-rise condominiums, lush parks, and a lively atmosphere, making it an ideal choice for those seeking a cosmopolitan lifestyle infused with the tranquillity of lakeside living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. The closest option is The Waterfront School, just 0.2 km away, offering a public education for grades JK to 8 with a respectable school rating of 7.2. For older students, the Kapapamahchakwew - Wandering Spirit School, located 1.9 km away, serves grades 9 to 12, although it currently holds a rating of 0. Ryerson Community School, also within 1.6 km, provides a French-language public education for grades JK to 8 but has a lower rating of 3.8. Additionally, St. Mary Catholic School, situated 1.2 km from the property, offers an English-language Catholic education for grades JK to 8, rated at 5.7. For high school students, St. Joseph's College School, located 3.1 km away, provides a Catholic education for grades 9 to 12 with a strong rating of 7.6. Overall, the area features a mix of public and Catholic schools, ensuring that families have access to various educational options within a short distance.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 798 residents, with an average household size of 1.7. The community has a relatively mature demographic, with an average age of 48.7 years. The average household income is notably high at $162,000, indicating a prosperous area, although 8% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $1,000,000. The population is diverse, with 40.43% being immigrants, and a significant portion, 41.33%, identifies as single. Families with children constitute 17.39% of households, while 32.95% of residents are renters, suggesting a dynamic housing market primarily composed of condominiums, which make up 100% of the property types in the area. Education levels are impressive, with 87.22% of residents holding a college or university degree. However, a notable 38.06% of the population is not in the labor force, which may reflect various lifestyle choices or retirement status in this affluent community. Overall, the area presents a blend of wealth, education, and diversity, making it an attractive location for potential homeowners.