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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-c12800370
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  • Sold Sold in Feb 2026
  • Condo Apt

512 - 550 Queens Quay W

Toronto, Waterfront Communities C1
  • 1 + 1 Bedrooms
  • 1 Bathrooms
  • 1 Garage
  • Share
Sold Price: $ 610,000
3.02%
Listed Price: $ 629,000
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Key Facts About 512 - 550 Queens Quay W, Toronto

  • Tax $3,308 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $671.31
  • Size 700 - 799 feet²
  • Parking 1 garage, 1 parking
  • Listing # C12800370
  • Data Source PROPTX
  • Days on Market 6
  • Listed On 19/02/2026
  • Updated On 27/02/2026
  • Market Demand
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Description

Live where mornings begin with lake views and evenings end with city lights. This refreshed 1+Den offers bright, open living space framed by wall-to-wall windows and a private balcony overlooking gardens, the marina and sparkling Lake Ontario-a view that elevates everyday life.Move-in ready and thoughtfully updated, the suite features new flooring, fresh paint, upgraded kitchen counters, new sink and faucet, and brand new, never-used stove and dishwasher. The bath is refreshed with a new vanity countertop, toilet and fixtures. A spacious bedroo

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Property Details of 512 - 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 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete, Brick

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Parking Places 1
  • Total Parking Places 2

Land

  • Cross Street Bathurst St & Queens Quay W

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 2,860

Rental Yield

4.55%

School Score

7.6/10

Rental Score

4.5/5

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Rooms

Dining Room (3.43X2.4 metre)
Level: Main
Kitchen (2.44X3.35 metre)
Level: Main
Primary Bedroom (3.2X3.65 metre)
Level: Main
Den (2.74X2.28 metre)
Level: Main
Living Room (3.9X3.6 metre)
Level: Main
Bathroom (4 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

$1,240

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $671
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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 512 - 550 Queens Quay W, Toronto

Introducing an exceptional opportunity to own an apartment for sale in Toronto , located at 550 Queens Quay W, Toronto. This stunning 1-bedroom plus den condo apartment is situated in the vibrant Waterfront Communities C1 area, where the charm of lakeside living meets the excitement of urban life. The property boasts a contemporary building style, constructed with a blend of concrete and brick, ensuring both durability and aesthetic appeal.

As you step into this refreshed apartment for sale in Toronto, you are greeted by a bright and open living space, enhanced by wall-to-wall windows that flood the area with natural light. The private balcony provides a serene view of the beautifully maintained gardens, the marina, and the sparkling waters of Lake Ontario—an idyllic backdrop that elevates everyday living. The layout of the apartment has been thoughtfully designed, featuring a total of five rooms, including a spacious bedroom, a versatile den that can easily serve as a home office or guest room, and a well-appointed bathroom.

This apartment for sale in Toronto is move-in ready, having undergone several thoughtful updates. The new flooring complements the fresh paint throughout, while the upgraded kitchen counters, new sink, and faucet add a modern touch to the main kitchen area. Additionally, the suite is equipped with brand new appliances, including a stove and dishwasher that have never been used. The bathroom has also been refreshed, featuring a new vanity countertop, toilet, and fixtures, ensuring that every aspect of this home is both stylish and functional.

The apartment is further enhanced by central air conditioning, providing comfort throughout the warmer months. While there is no pool or fireplace, the absence of these features is more than compensated for by the exceptional amenities available within this well-managed boutique building. Residents benefit from the services of a personable 24-hour concierge and a dedicated on-site superintendent, ensuring that all needs are promptly addressed.

For those who enjoy an active lifestyle, this apartment for sale in Toronto offers access to a rooftop terrace complete with BBQ facilities, a gym, sauna, and a party room for entertaining guests. There is also a guest suite available for visitors, along with ample visitor parking. The building's location is unbeatable, with steps leading to waterfront trails, the Toronto Music Garden, and the Harbourfront Centre. Furthermore, residents will find themselves in close proximity to various cafés, Loblaws, and the myriad attractions that downtown Toronto has to offer.

At 550 Queens Quay W, Toronto, you will experience the perfect blend of waterfront lifestyle and downtown convenience. This apartment for sale in Toronto represents exceptional value, providing an opportunity to immerse yourself in the vibrant culture and lifestyle that this city has to offer. Whether you are a first-time buyer, a professional seeking a stylish urban retreat, or an investor looking for a lucrative property, this condo apartment is a remarkable choice.

In summary, this 1-bedroom plus den apartment for sale in Toronto at 550 Queens Quay W, Toronto, is a rare find. With its modern updates, breathtaking views, and outstanding amenities, it is a home that promises comfort and convenience in one of the city's most sought-after locations. Don't miss your chance to make this exquisite property your own and embrace the best of Toronto living.

Waterfront Communities C1 is a vibrant and dynamic neighbourhood nestled along the picturesque shores of Lake Ontario in Toronto. This area boasts a stunning blend of modern residential developments, lush parks, and recreational spaces, all set against the backdrop of the city's iconic skyline. With its close proximity to cultural attractions, such as the Harbourfront Centre and the Toronto Islands, residents can enjoy a rich tapestry of arts, dining, and outdoor activities. The waterfront promenade invites leisurely strolls, while the well-connected transit options make commuting to the city centre a breeze. Whether you're drawn by the scenic views or the lively atmosphere, Waterfront Communities C1 offers a unique urban lifestyle that seamlessly combines nature and city living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an excellent choice for families. The closest school is The Waterfront School, just 0.2 km away, offering a public education in English for grades JK to 8, with a respectable rating of 7.2. For older students, Kapapamahchakwew - Wandering Spirit School, located 1.9 km away, serves grades 9 to 12, although it currently has no rating. Ryerson Community School, also 1.6 km away, provides French instruction for grades JK to 8 but has a lower rating of 3.8. St. Mary Catholic School, situated 1.2 km from the property, offers a Catholic education in English for grades JK to 8, with a rating of 5.7. Additionally, St. Joseph's College School, located 3.1 km away, serves grades 9 to 12 with a strong rating of 7.6. Overall, the area boasts a mix of public and Catholic schools, catering to various educational needs and preferences, ensuring that families have access to quality education within a short distance from home.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 798 residents, characterized by an average household size of 1.7 individuals. The demographic profile reveals an average age of 48.7 years, indicating a mature community. The average household income is notably high at $162,000, with only 8% of the population classified as low-income. The real estate market reflects this affluence, with an average property price of $1,000,000. The community is diverse, with 41.33% of residents being single and 17.39% living in households with children. A significant portion of the population, 40.43%, are immigrants, contributing to the area's cultural richness. Renters make up 32.95% of the population, while the housing stock consists entirely of condominiums. Education levels are impressive, with 87.22% of residents holding a college or university degree. However, a considerable 38.06% of the population is not participating in the labor force, suggesting potential opportunities for engagement and growth within the community. Overall, this area presents a blend of affluence, diversity, and educational attainment, making it an attractive location for prospective homeowners and investors alike.

FAQs About 512 - 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 700 - 799.

How many parking spaces are available with this property?

550 Queens Quay W boasts 1 convenient parking spaces.

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 $671.31.

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 512 - 550 Queens Quay W, Toronto

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Listing History

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