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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 550 Queens Quay W
550-queens-quay-w-toronto-ontario-c12757604
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  • Sold Sold in Feb 2026
  • Condo Apt

1226 - 550 Queens Quay W

Toronto, Waterfront Communities C1
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 620,000
3.51%
Listed Price: $ 599,000
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Key Facts About 1226 - 550 Queens Quay W, Toronto

  • Tax $3,378 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $685.4
  • Size 800 - 899 feet²
  • Listing # C12757604
  • Data Source PROPTX
  • Days on Market 7
  • Listed On 04/02/2026
  • Updated On 12/02/2026
  • Market Demand
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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 bedroo

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Property Details of 1226 - 550 Queens Quay W, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 800 - 899 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Guest Suites, Party Room/Meeting Room, Rooftop Deck/Garden, ...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street Spadina

Features

  • Public Transit Y
  • Waterfront Y
  • Clear View Y
  • Lake Access Y
  • Rec./Commun.Centre Y

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,925

Rental Yield

4.79%

School Score

7.6/10

Rental Score

5/5

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Rooms

Kitchen (5.74X3.45 metre)
Level: Main
Dining Room (5.74X3.45 metre)
Level: Main
Bedroom (4.67X3.2 metre)
Level: Main
Den (2.97X2.29 metre)
Level: Main
Living Room (3.76X3.68 metre)
Level: Main
Bathroom (5 pcs)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,254

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $685
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1226 - 550 Queens Quay W, Toronto

Nestled in one of the most sought-after buildings along Queens Quay, this stunning condo for sale in Toronto is a true gem. Located at 550 Queens Quay W, Toronto, this residence offers a perfect blend of modern living and serene waterfront views. As you step into this bright and spacious open-concept apartment, you'll immediately appreciate the thoughtful design that maximises every inch of the over 800 square feet of living space.

The property features a well-appointed one bedroom plus den layout, making it ideal for a variety of lifestyles. The chef-inspired kitchen, located on the main floor, boasts built-in appliances and a large pantry cabinet, seamlessly flowing into the open living and dining area. This layout not only enhances the functionality of the space but also makes it perfect for entertaining guests. The floor-to-ceiling windows throughout the apartment flood the interior with natural light, creating a warm and inviting atmosphere that you'll love coming home to.

The generous primary bedroom is a true retreat, featuring a walk-in closet and an additional closet for ample storage. It also offers direct access to the bathroom, ensuring convenience and privacy. For guests, there is a separate two-piece powder room that can be easily closed off, adding to the versatility of this lovely condo for sale in Toronto. The den, which also has a walkout to the expansive private terrace, is perfect for a home office, a quiet reading nook, or even an extra guest space when needed.

One of the standout features of this property is the exceptional unobstructed view of the waterfront, which you can enjoy while sipping your morning coffee on the terrace. Imagine starting your day in peaceful tranquillity, surrounded by the beauty of the waterfront. This outdoor space is perfect for relaxation or entertaining friends on warm summer evenings.

In addition to the beautiful living space, this condo at 550 Queens Quay W, Toronto, comes with the convenience of ensuite laundry and additional storage, making it a practical choice for modern living. The unit also includes one underground parking space, which is a rare find in such a prime location.

While this condo does not feature a pool or a fireplace, it more than makes up for it with its world-class amenities. Residents can enjoy access to a rooftop terrace complete with BBQs, a 24-hour concierge service, visitor parking, a guest suite available for approximately $150 per night, a party room, a gym, and a sauna. These amenities ensure that you have everything you need right at your fingertips, enhancing your lifestyle in this vibrant community.

Living at 550 Queens Quay W, Toronto, places you just steps away from transit options, waterfront trails, and the marina. You’ll also find yourself in close proximity to the Toronto Music Garden, Billy Bishop Airport, Scotiabank Arena, Rogers Centre, and a plethora of dining and shopping options. This truly is waterfront living at its finest, making this condo for sale in Toronto an exceptional opportunity.

In summary, if you are looking for a bright, spacious, and well-designed living space in a prime location, this condo for sale in Toronto at 550 Queens Quay W is not to be missed. With its stunning views, modern amenities, and convenient access to the best that Toronto has to offer, it represents an ideal choice for anyone seeking a vibrant urban lifestyle. Don’t hesitate to explore this remarkable property and experience the charm of waterfront living for yourself!

Waterfront Communities C1 is a vibrant and dynamic area nestled along the northern shores of Lake Ontario in Toronto. This picturesque neighbourhood boasts a harmonious blend of modern urban living and natural beauty, featuring stunning waterfront parks, scenic promenades, and recreational spaces that invite outdoor activities. Residents enjoy easy access to a plethora of amenities, including trendy cafes, restaurants, and cultural attractions, all within walking distance. The area is well-served by public transport, making it convenient for commuting to other parts of the city. With its lively atmosphere and breathtaking views of the lake, Waterfront Communities C1 offers an enticing lifestyle for those seeking both excitement and tranquillity in the heart of Toronto.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a variety of needs for families. The closest school, The Waterfront School, is just 0.1 km away and offers a solid public education for grades JK to 8, boasting a 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 has a lower rating of 0. Ryerson Community School, also 1.7 km from the property, provides French instruction for grades JK to 8 but has a rating of 3.8. For those seeking a Catholic education, St. Mary Catholic School is 1.2 km away, offering grades JK to 8 in English and French, with a rating of 5.7. Additionally, St. Joseph's College School, located 3.1 km away, serves grades 9 to 12 and has a commendable rating of 7.6. Overall, the area offers a diverse range of schooling options, ensuring that families have access to quality education within a short distance from home.

FAQs About 1226 - 550 Queens Quay W, Toronto

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Condo Apt property includes 1 additional bedrooms.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 1 bed property in Toronto is 800 - 899.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 550 Queens Quay W?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $685.40.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1226 - 550 Queens Quay W, Toronto

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Listing History

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