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    Toronto / Downtown / The Waterfront

    1107 - 550 Queens Quay W

    For Rent550 Queens Quay
    $2,900/mth
    1 Bed
    1 Bath
    1 Parking
    750 SQFT
    11 Days on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    February 21, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    South
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Welcome to this stunning, spacious one-bedroom suite in one of the most desirable and well-managed buildings along the waterfront! Beautifully renovated bathroom, freshly painted walls, and new carpets in the bedroom; this south-facing unit is bathed in natural light throughout the day. The open-concept layout maximizes space and flow, making it perfect for both relaxing and entertaining. Step onto the enormous balcony with lake views, the perfect spot to enjoy your morning coffee or evening sunsets. Located just steps from the waterfront, this home offers easy access to city amenities, extensive bike lanes and transit. Don't miss this incredible opportunity!

    strata real estateMLS® #C11981856

    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage
    Rec Room
    Gym Room
    Concierge

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    550 Queens Quay vs The Waterfront Area

    Building Trends At 550 Queens Quay

    Days on Strata

    Units at 550 Queens Quay spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    550 Queens Quay offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    550 Queens Quay has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    550 Queens Quay yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    550 Queens Quay is the
    ?
    most popular building out of 45 condos in neighbourhood

    Transaction Insights at 550 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$636,000No Data$865,000No Data
    Avg. Cost Per SqftNo Data$1,041No Data$880No Data
    Avg. Wait for Unit AvailabilityNo Data89 Days97 Days112 DaysNo Data
    Ratio of Units in Building1%30%41%30%1%

    Transactions vs Inventory

    Total number of units listed and leased in Waterfront