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              #402W 500 Queens Quay W

              near Queens Quay & Spadina
              $1,388,000 2+0bdr • 2ba • 1kit • 1400-1599sf
              Average Income
              $101,120
              Population Age
              46 y/old
              School Score
              7.40/10
              Price Index Change 1y
              +9.19%
              Price Index Change 3y
              +34.30%
              Rent Index Change 1y
              -5.96%
              Rent Index Change 3y
              +7.74%

              Condo Apt • Apartment #402W • 4 Level

              #402W 500 Queens Quay W, Waterfront Communities C1, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 1400-1599
              • garage 1.0 Undergrnd
              • exposure Sw
              • age 16-30
              • locker Owned
              • possession

                30/60 Days

              $1,388,000

              $4,119.97
              Tax yr: 2020

              $1,051.67/m

              CALCULATED NUMBERS:

              $5208.00

              calculator

              $3675

              2

              76 Very Walkable

              93 Rider's Paradise

              95 Biker's Paradise

              7.40/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C1

              • Queens Quay & Spadina

              • M5V3K8

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              BAY STREET GROUP INC., BROKERAGE

              Property Overview
              This Elegant Luxury 2 Bed, 2 Bath Sunfilled South West Corner Unit, Situated Right Across From The Musical Garden In High Demand Downtown Waterfront Community! Apprx 1433 Sq Ft Per Builder Floorplan. With A Large Open Concept Living Room That Has Floor To Ceiling Windows Includes A Kitchen With Stainless Steel Appliances And Granite Counter Top. Amazing Lake Views From All Rooms!! A Must See Unit. Steps To Ttc, Scotiabank Arena, Rogers Centre, Lake & Park.
              Extras: Existing S/S Fridge, S/S Stove, S/S Dishwasher, B/I Microwave, Washer/ Dryer. All Elfs And Window Coverings. Includes 1 Parking & 1 Storage Locker. See Virtual Tour Link Includes 3D Link.
              Video tour available. Click to watch.
              Property Features
              • Clear View
              • Marina
              • Park
              • Public Transit
              • School
              • Waterfront
              • Brick
              • Concierge
              • Exercise Room
              • Gym
              • Party/Meeting Room
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Fireplace/Stove
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • Condo Taxes Included
              • Hydro Included
              • Family Room
              • Cable TV Included
              • CAC Included
              Rooms details
              Living
              • Flat Level
              • Overlook Water
              • Fireplace
              • Wood Floor
              • Size 7.63x4.73
              Dining
              • Flat Level
              • Overlook Water
              • South View
              • Wood Floor
              • Size 3.36x2.75
              Kitchen
              • Flat Level
              • Breakfast Bar
              • Granite Counter
              • Open Concept
              • Size 3.95x2.78
              Master
              • Flat Level
              • Large Window
              • 4 Pc Ensuite
              • Double Closet
              • Size 4.50x3.05
              Br
              • Flat Level
              • Large Window
              • Sw View
              • Closet
              • Size 4.42x3.89
              Foyer
              • Flat Level
              • Ceramic Floor
              • Size 3.45x1.71
              Basement
              • None
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              • Listing added to site: 2020-09-17 00:25:49
              • Last updated: 2020-09-17 00:25:48
              • Photos updated: 2020-09-16
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              402W 500 Queens Quay W is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near Queens Quay & Spadina, and has been available for sale on CondosDirect since 2020-09-17. This unit is located at level 4 of the building and has South-West exposure of Queens W Quay. Condo registry office is MTCC, corporation number 1288.

              Lot Size and Living Area:

              402W 500 Queens Quay W has 7+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1400-1599 square feet. 500 Queens Quay W building was built appriximately 16-30 years ago.
              1.0 parking space(s) are owned and located undergrnd at level A-51 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Clear View, Marina, Park, Public Transit, School, Waterfront at, or near the property.
              AIDA has also identified the following listing features: Open Concept, Waterfront/Near a Lake.

              Price & Cost Overview

              General:

              402W 500 Queens Quay W condo apt is listed for $1,388,000. Property tax for year 2020 was $4,120. And the monthly maintenance fee was $1,052.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $5,208, and total expenses, including the mortgage, property tax and maintenance, fee around $5,639, assuming $1,388,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 402W 500 Queens Quay W, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C1, where 500 Queens Quay W is located, has $793,177 Home Price Index, and $2,477 Home Rent Index. Average household income at dissemination area of 500 Queens Quay W is $101,120, and average polulation age is 46 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,038,367, and average Home Rent Index $2,588.

              Similar Properties & Community Details:

              There are similar to 402W 500 Queens Quay W 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 500 Queens Quay W.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 500 Queens Quay W, or schools, which boundaries this address belongs to with an average School Score 7.40 out of 10. Here are more details about these schools:
              1. The Waterfront School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Harbord Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 76, 93, and 95 accordingly, location of 500 Queens Quay W overall can be described as Very Walkable, Rider's Paradise, and Biker's Paradise.

              402W 500 Queens Quay W Listings History Powered by AIDA
              Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (96 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 13 to 15 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
              Seasonal sales fluctuation is showing -6% inventory decline comparing to the average annual number, which is equvalent to 14.92 properties sold per month, and 8% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 6 days, which is 15 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing -23% D.O.M. decrease comparing to the average annual number, which is equvalent to 27 D.O.M., and -1% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price it can be sold?
              Similar properties currently sell at 2.4% below its asking price in Waterfront Communities C1.
              The selling to asking price ratio is declining in Waterfront Communities C1.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              402W 500 Queens Quay W Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +9.19% comparig to the City of Toronto average of +12.42%

              Price Index 3y

              Price Index change was +34.30% comparig to the City of Toronto average of +4.765%

              Rent Index 1y

              Rent Index change was -5.96% comparig to the City of Toronto average of -5.555%

              Rent Index 3y

              Rent Index change was +34.30% comparig to the City of Toronto average of +4.765%

              Walkscore

              Walkscore 76 out of 100 means Very Walkable

              Transitscore

              Transitscore 93 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.40 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
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              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $18,700 Cashback
              $1,249,900
              2br 2ba 1800-1999sf

              Prop Tax

              $3,652

              Condo Fee

              $1311

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              34

              Compare$1,457,500

              $17,100 Cashback
              $1,140,000
              2+1br 2ba 900-999sf

              Prop Tax

              $4,500

              Condo Fee

              $875

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              98

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              $17,700 Cashback
              $1,178,000
              2+1br 3ba 1600-1799sf

              Prop Tax

              $3,798

              Condo Fee

              $1149

              Exposure

              Se

              Mortg/m

              $ calculator

              WalkScore

              77

              Compare n/a

              $17,900 Cashback
              $1,195,000
              2+1br 2ba 1600-1799sf

              Prop Tax

              $3,892

              Condo Fee

              $1180

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              78

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              $19,300 Cashback
              $1,288,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $3,988

              Condo Fee

              $859

              Exposure

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              Mortg/m

              $ calculator

              WalkScore

              85

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              $17,300 Cashback
              $1,150,000
              2br 2ba 1000-1199sf

              Prop Tax

              $4,048

              Condo Fee

              $655

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              97

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              $18,000 Cashback
              $1,199,999
              2br 2ba 1000-1199sf

              Prop Tax

              $3,925

              Condo Fee

              $680

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              98

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              $17,900 Cashback
              $1,195,000
              2+2br 2ba 1400-1599sf

              Prop Tax

              $3,838

              Condo Fee

              $1118

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              98

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              $24,000 Cashback
              $1,598,000
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              Prop Tax

              $5,550

              Condo Fee

              $798

              Exposure

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              Mortg/m

              $ calculator

              WalkScore

              93

              Compare$1,493,770

              $20,400 Cashback
              $1,359,000
              2br 2ba 800-899sf

              Prop Tax

              $4,713

              Condo Fee

              $661

              Exposure

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              Mortg/m

              $ calculator

              WalkScore

              98

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              $20,200 Cashback
              $1,348,000
              2+1br 2ba 900-999sf

              Prop Tax

              $4,725

              Condo Fee

              $780

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              83

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              $17,700 Cashback
              $1,178,000
              2+1br 2ba 1200-1399sf

              Prop Tax

              $3,634

              Condo Fee

              $1015

              Exposure

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              Mortg/m

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              90

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