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1011 - 550 Queens Quay

1011 - 550 Queens Quay

Toronto C01, ON

  • 2 bed
  • 2 bath
  • approx. 700-799 sqft
  • Condo Apartment
$794,950

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!

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Listing Details

Taxes (2026)
$3,062
Listed
November 2, 2026

Price History

Property

Style
Apartment
Age
16-30
Construction
Brick, Concrete
Interior
Carpet Free

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Dan Leckie/Queens Quay
Parcel Number
123960652
Possession
60-89 days
Occupancy
Owner

Condo

Maintenance Fee
$668/month
Fee Includes
Common Elements Included, Heat Included, Building Insurance Included, Parking Included, Water Included
Pets
Yes-with Restrictions
Locker
Owned
Balcony
Open
Amenities
Concierge, Gym, Party Room/Meeting Room, Rooftop Deck/Garden, Sauna

Included

Inclusions
All Stainless Steel Appliances (Fridge, Stove, Dishwasher, Microwave), Washer/Dryer, All Electric Light Fixtures, All Window Coverings.
Rental Items
None

Schools

Secondary

  • City School0.1 km

    Public · Toronto DSB

    Grade 10 literacy: 58% met the provincial standard

  • Oasis Alternative Secondary School1 km

    Public · Toronto DSB · 80 students

  • Contact Alternative School School1.9 km

    Public · Toronto DSB · 60 students

Elementary

  • The Waterfront School0.1 km

    Public · Toronto DSB · 185 students

    Grade 3 reading: 70% met the provincial standard · Grade 6 math: 71% met the provincial standard

  • Bishop Macdonell Catholic School0.3 km

    Catholic · Toronto CDSB · 420 students

    Grade 3 reading: 83% met the provincial standard · Grade 6 math: 64% met the provincial standard

  • Jean Lumb Public School0.3 km

    Public · Toronto DSB · 580 students

    Grade 3 reading: 67% met the provincial standard · Grade 6 math: 65% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M5V

Population
59,912
Private dwellings
42,449
Median age
32
Average household size
1.6
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto C01 · last 12 months

Median sold price
$657,500
Homes sold
3,080
Median days on market
25
Sale-to-list price
97.5%

Based on 3,080 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.

Rooms

4-piece, 3-piece

Ground

  • Bedroom 211'6" x 9'
  • Dining Room15'6" x 12'9"
  • Kitchen11' x 8'
  • Living Room15'6" x 12'9"
  • Primary Bedroom12'6" x 10'6"

Listed by

SAGE REAL ESTATE LIMITED

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$158,990

Estimated Monthly Payment

$3,905

Land transfer tax

Estimated land transfer tax$12,374

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,905/mo (20% down, 5.5%)

Taxes: $255/mo · Insurance: $199/mo

Maint: $668/mo

Estimates only. Consult a financial advisor.

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