$794,950
For sale: Apartment

Beautifully renovated and exceptionally well presented, this stylish 2-bedroom, 2-bathroom residence at 550 Queens Quay offers the perfect blend of modern finishes, comfort and waterfront living. Thoughtfully updated throughout, the suite showcases a fresh, contemporary feel with an inviting layout designed for both everyday living and entertaining. Bright, welcoming principal living spaces are complemented by two well-proportioned bedrooms and two bathrooms, offering excellent functionality and flexibility. Complete with one underground parking space and a private locker, this is an excellent opportunity to enjoy everything the waterfront lifestyle has to offer. Ideally situated just steps to the lake, waterfront trails, parks, restaurants, cafes, transit and the many amenities of downtown Toronto. Move-in ready and showing exceptionally well, this is waterfront living at its best!
Sold data
Homes in Waterfront Communities took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 50, across 421 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $624,800.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 421 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Waterfront Communities) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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