$529,000
For sale: Apartment

Experience premium waterfront living at the prestigious Tower On The Lake Condos at 15 Queens Quay East! This one-bedroom-plus den condo features a modern kitchen with built in appliances, an undermount sink, under-cabinet lighting and a lovely breakfast area. The living area has bright floor-to-ceiling windows and the walk-out to a large balcony; a great space to enjoy your morning coffee or to relax in the evening! The primary bedroom features a double closet and a private walk-out to the balcony. The separate den space boasts a sliding door for additional privacy and serves as a perfect home office, study, or cozy reading nook! This unit is conveniently located on the 2nd floor, no need to wait for the elevator! Other features include in-suite laundry with stacked washer and dryer, central air conditioning and beautiful laminate flooring throughout. Residents of the Tower On The Lake enjoy a 24-hour concierge, outdoor rooftop swimming pool and sun deck, a library, theatre, party rooms, gym/fitness room with a yoga studio, a sauna and indoor pool. Just steps to Toronto's Harbourfront, The Distillery Historic District, grocery stores, cafes, restaurants, banks, parks, and schools. Walk to Union Station, the underground PATH network, Scotiabank Arena, Rogers Centre, CN Tower, Ripley's Aquarium, St. Lawrence Market and the financial and entertainment districts. Enjoy the multi-use Martin Goodman walking, running, and cycling trail across Queens Quay East and West with restaurants, cafes, lounges, theatre, HTO, and Sugar Beaches. Nearby Queen's Quay Terminal, Harbourfront Centre, Jack Layton Ferry Terminal boats to Centre Island, yacht clubs, and Billy Bishop City Airport.
Sold data
Homes in Waterfront Communities took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 51, across 420 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $622,500.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 420 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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