Unit 201, 550 Queens Quay W
Toronto (Waterfront Communities), ON M5V 3M8
550 Queens Quay12 storeys, 245 suites, built 2001- 1Bedroom
- 1Bathroom
- 1Parking
- 700–799Sq Ft
- $2,911Tax
- $605/moCondo Fee
Estimated Value:$559,000See Free Estimate Report
This home has sold. It is no longer available.
Property not available for sale or for rent.
Sale & Price History for Unit 201, 550 Queens Quay W, Toronto, Waterfront Communities
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About Unit 201, 550 Queens Quay W, Toronto, Waterfront Communities
Live by the lake in this fabulous mid-rise boutique building on the waterfront. This expansive 1-Bedroom is South-facing with an unobstructed view of the lake, park, trail. This open concept unit offers floor to ceiling windows, a private covered balcony and a large primary bedroom which is King-size bed ready and includes a walk-in closet with plenty of storage, and a separate entrance to the ensuite bathroom. Note - a separate room for the 2-piece for extra privacy. Love outdoor living - enjoy the balcony which adds 66 square feet of additional living space. The Unit also has 1 parking spot and 1 locker which are both owned. What you will love about living here: A well managed building with a great concierge, view of the lake, access to the waterfront trails, transit, large bedroom, Visitor parking, good storage options. Walking distance to Rogers Center, Scotiabank Arena, Bud Stage, King West, Airport, zip across to the island via the water taxi at your doorstep. Amenities include: an Amazing rooftop terrace with panoramic views, BBQ areas, lounging chairs - perfect for friend and family gatherings. Party room - great for entertaining and work from home space. The gym is welcoming with newer equipment. Sauna and steam room are an added bonus after a hard work out. 24-hour concierge + security also a big perk.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,911
- Land Transfer Tax Fee
- $17,950
Condo/Maintenance Fee
- Maintenance Fee
- $605 /month
Included In Maintenance Fee
- Heat Included
- Water Included
- Common Elements Included
- Parking Included
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Laundry Level
- Main Level
- Interior Extras
- Guest Accommodations
- View
- Water, Clear, Marina, Park/Greenbelt, Panoramic, Lake
- Security Features
- Concierge/Security, Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Open
Building Amenities
- Bike Storage
- Party Room/Meeting Room
- Rooftop Deck/Garden
- Sauna
- Visitor Parking
- Gym
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Condo Corp Number
- 1396
Construction
- Exposure
- South
- Exterior Finish
- Brick, Concrete
- Special Designation
- Unknown
Inclusions
- Inclusions
- All Electric Light Fixtures, Oven, stove, Vent/Hood, Fridge, Built in dishwasher, Washer, Dryer, All custom blinds.
Parking & Garages
- Garage Type
- Underground
- Garage Spaces
- 1
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- Owned
- Locker Unit
- 106
- Locker Number
- 35
- Locker Level
- P1-1
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Foyer—Main level
- Kitchen—Main level, Centre Island, Open Concept, Combined w/Dining
- Dining Room—Main level, Hardwood Floor, Eat-in Kitchen, Combined w/Kitchen
- Living Room—Main level, Hardwood Floor, W/O To Balcony, Window Floor to Ceiling
- Primary Bedroom—Main level, Walk-In Closet(s), Window Floor to Ceiling, Ensuite Bath
Washrooms
- 5-piece, Main
- Municipality
- Toronto
- Neighbourhood
- Waterfront Communities
- Main cross streets
- Queens Quay W at Dan Leckie Way +Lake
- Directions
- Visitor Parking Entrance off Dan Leckie Way
- Waterfront
- WaterfrontCommunity
- MLS® number
- C12520716
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-12-02
- Listed on
- 2025-11-07
- Days on market
- 25 days
- Possession type
- 30-59 days
- Co-op commission
- 2.5%
- Seller
- Listed by
- REAL ESTATE HOMEWARD
Home Market Value
Current home valuation for Unit 201, 550 Queens Quay W, Toronto, Waterfront Communities, Toronto, ON. Listed for $625,000
HOMEH Estimate
$559,000
Estimated Sales Range
$438,739 - $679,261
HOMEH Estimate for Unit 201, 550 Queens Quay W, Toronto, Waterfront Communities
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $125,000 over $500K
$37,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $23,500 | $17,438 | $14,875 | $0 |
=Total mortgage | $611,000 | $579,938 | $546,125 | $500,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,983monthly | $2,832monthly | $2,666monthly | $2,441monthly |
Land Transfer Tax
$8,975
$8,975
$17,950
Around this home
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