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New8 hours ago

707 - 550 Queens Quay W

Waterfront Communities C1, Toronto

$599,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to this spacious and beautifully maintained one-bedroom condo in one of Toronto's most desirable waterfront communities on Queens Quay West. Filled with natural sunlight from it's expansive windows, this bright and inviting suite offers an exceptional blend of comfort and style. Meticulously maintained and impeccably clean, this move-in-ready home showcases pride of ownership throughout. The generous open concept layout provides plenty of space for both everyday living and entertaining, while the abundance of windows creates a light filled atmosphere in every room. New high end laminate flooring throughout and the unit has been freshly painted. Complete with the convenience of owned underground parking and a locker, this home offers both comfort and practicality in the heart of the city. Residents enjoy an impressive selection of premium amenities including a 24 hour concierge, a beautifully appointed party room, a new guest suite, a fully equipped fitness centre, steam room, dry sauna, change rooms with showers and lockers, and a stunning rooftop terrace with beautiful views of the lake and the city, enjoy the BBQs perfect for entertaining. Enjoy an unbeatable waterfront lifestyle with scenic walking and cycling trails, parks, transit, restaurants, cafes and everyday amenities just steps from your door. *Some photos have been virtually staged*

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$567
LockerOwned
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,617
mls© NumberC13634708
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Common Elements Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,066
Property tax
$218
Heat allowance
$150
Condo fees, half counted
$284
Housing costs
$3,718 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,521 / mo
Cash down
$119,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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