$499,999
For sale: Apartment

Welcome to Suite 805 at 85 Queens Wharf Rd, an exceptional opportunity to live in the highly sought-after Spectra Condos in the heart of Toronto's vibrant waterfront community. This tastefully furnished, sun-filled one-bedroom plus den suite offers approximately 640 square feet of thoughtfully designed living space with breathtaking south-facing lake views that flood the unit with natural light throughout the day. The spacious open-concept layout seamlessly blends comfort and functionality, while the oversized den provides the flexibility to be used as a second bedroom, home office, or guest space. Meticulously maintained and move-in ready, this suite is ideal for professionals, investors, or anyone seeking the ultimate downtown lifestyle. Located just steps from the streetcar, library, banks, grocery stores, restaurants, and everyday conveniences, residents also enjoy immediate access to Toronto's most iconic destinations including the Harbourfront, Rogers Centre, CN Tower, schools, parks, and the Entertainment District. Spectra Condos offers an impressive collection of premium amenities including a state-of-the-art fitness centre, indoor pool, visitor parking, party room, concierge service, and more - delivering the perfect blend of luxury, convenience, and urban living in one of the city's most desirable neighbourhoods
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.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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