Year Built
2001
Mid-Rise Condo
550 Queens Quay
by Cenpac Developments
550 Queens Quay W, Toronto, ON M5V 3M8
Total Units
245
Avg $/sqft
$771
Storeys
12
Available Units in 550 Queens Quay
0
Units for sale
2
Units for rent
From $3,300/mo
Live MLS · Updated daily
Overview
Situated in the picturesque Waterfront neighbourhood, 550 Queens Quay West offers residents affordable homes in a highly desirable area. Built in 2001, this modern brick and glass condominium is well suited to the neighbourhood, boasting amenities which are competitive with other buildings in the area: gym, sauna, concierge, parking garage, security guard, function and party rooms, plus a rooftop terrace with sweeping waterfront views.
550 Queens Quay is perfect for nature-lovers who want the convenience of city living — at this prime location you are minutes from Toronto’s Entertainment District or waterfront walking trails, blending the best of aspects of urban living, nature and recreation.
Developer
Cenpac Developments
Year Built
2001
Property Type
Mid-Rise Condo
Storeys
12
Total Units
245
Management
Icon Property Management
Amenities
Underground Parking
Fitness Centre
Sauna
Rooftop Garden
Visitor Parking
Party Room
Bike Storage
24/7 Concierge
Price History
64 recordsLoading history…
Market Stats
Prices in 550 Queens Quay are down 8.8% compared to last year.
$771
Avg $/sqft
-8.8%
YoY change
22
Avg days on market
Location & Walkability
Walk Score
89/100
Daily errands on foot
Transit Score
92/100
TTC, GO, subway access
Bike Score
75/100
Bike lanes & infrastructure
Neighbourhood in Toronto
The Waterfront
active family-friendly social urban
The Waterfront is a vibrant neighbourhood in Toronto. It offers a mix of parks, restaurants, and schools.
At a glance
What it costsAffordability
Median asking price
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
On the marketMarket snapshot
For sale
0
For rent
0
Recently sold
Sign in to see sold data
Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Great selection of restaurants and cafes
- Many parks for outdoor activities
- Good schools for families
- Strong public transit options
Keep in mind
- No homes currently for sale or rent
- Prices may be high compared to other areas
The feel of the placeLifestyle
Daily life here is active and social, with many dining and leisure options. The area is family-friendly and caters to various lifestyles.
Great for families food lovers active individuals
The areaWhat's nearby
Not enough verified data yet. We count schools, parks, transit and shops inside The Waterfront's real boundary and publish the numbers only once that count is confirmed — an estimate here would be worse than nothing.
The peopleWho lives here
1,549
Population (2021)
0.0 km²
Area
42,092
People per km²
38.4
Median age
$95,000
Median income
52%
Own their home
1.6
People per household
980
Households
Every age
- Children (under 15)4.8%
- Working age (15–64)82.3%
- Seniors (65+)12.9%
What is built here
- High-rise apartments100%
Own or rent
52%Owners
48%Renters
Across 980 households
When it was built
Mostly 1981–1990
- 1960 or earlier2%
- 1961–19808%
- 1981–199037%
- 1991–200014%
- 2001–200532%
- 2006–20105%
- 2011–20152%
- 2016–20212%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 42.9%
- Born outside Canada
- 65%
- Hold a degree or higher
- 70.2%
- Employment rate
- 24.3%
- Commute by transit
- 25.7%
- Commute by car
- 1.3
- Children per family
- $79,500
- Median income after tax
- $117,400
- Average household income
- 9%
- Living on a low income
- $2,160/mo
- Renters pay, per month
- $1,570/mo
- Owners pay, per month
- $650,000
- Median home value at census
- 51.1%
- Renters spending 30%+ of income on housing
- 30.7%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 1 census area around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, © OpenStreetMap contributors (ODbL)
