$749,000
550 Queens Quay W 608, Toronto, ON M5V 3M8
Waterfront Communities C1 · Toronto · M5V 3M8
Listing brokerage: RIGHT AT HOME REALTY, BROKERAGE
- Beds
- 1 + Den
- Baths
- 2
- Sq ft
- 900–999
- Parking
- 1
Monthly costs
Maintenance
$803/mo
$0.85 per sq ft
Property taxes
$325/mo
$3,897 a year (2026)
About $1,128 a month in fees and taxes, before the mortgage.
The fee covers
- Covered: Water
- Covered: Building Insurance
- Not covered: Heat
- Not covered: Hydro
- Not covered: Air conditioning
Bills not covered are paid by the owner.
For investors: Likely rent controlled: yearly increases capped by Ontario's guideline. Ontario rules
The unit
- Exposure
- South
- Parking
- 1 spot · Underground
- Locker
- Owned
- Balcony
- Open
- Laundry
- In-Suite Laundry
- Age
- 16-30 years
- Possession
- Flexible
The building
550 Queens Quay West
550 Queens Quay W · The Waterfront
- 1 for sale
- 1 for rent
- 12 floors
About this home
Rarely available oversized one-bedroom plus den with two baths, nearly 1,000 sq. ft. of interior living space and unobstructed south-facing lake views. Perfectly positioned across from Toronto Music Garden, this spacious waterfront residence offers a highly sought-after combination of size, functionality, and breathtaking views. The sun-filled open-concept layout features generous living and dining areas, a versatile den ideal for a home office or guest space, and a private 100+ sq. ft. balcony overlooking the lake and parkland. Enjoy the flexibility to move in and personalize over time while benefiting from an exceptional floor plan rarely found in today's condo market. Located in an intimate, well-managed boutique building with a fitness centre, rooftop terrace with BBQs, party room, guest suite, visitor parking, and 24-hour concierge. Includes a privately owned EV Tesla (NACS) charger. Steps to Harbourfront, the Financial District, waterfront trails, parks, dining, and entertainment.
All details24 more from the listing · Interior, Building, Heating, Parking, Exterior, Taxes, Listing
Interior
- Bedrooms
- 1 + Den
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 4
- Size
- 900-999 sq ft
Features
- Primary Bedroom - Main Floor
Building & Amenities
- Floor
- 6
- Property management
- Icon Property Management
Heating & Cooling
- Heating
- Forced Air
- Heat source
- Electric
- Cooling
- Central Air
Parking
- Covered spaces
- 1
Exterior & Lot
- Style
- 1 Storey/Apt
- Exterior
- Brick
- View
- Water
- Waterfront
- WaterfrontCommunity
Taxes & Fees
- HST
- Included In
Listing
- MLS® number
- C13431122
- Type
- Common Element Condo
- Transaction
- For Sale
- Cross streets
- Queens Quay & Spadina
- Original price
- $799,000
- Neighbourhood
- Waterfront Communities C1
Rooms · 2Washroom ×2
2-piece washroom
Ground
3-piece washroom
Ground
History
Past listings and sales for this home and building.
Location
550 Queens Quay W 608, Toronto, ON M5V 3M8 · Near Queens Quay & Spadina
Monthly cost
Estimated monthly cost
$4,445/mo
- Mortgage
- $3,316
- Property tax
- $325
- Maintenance
- $803
Amortization
Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.
Cash to close
Cash to close
$175,219
$149,800 down + $25,419 to $26,669 in closing costs
- Ontario land transfer tax
- $11,455
- Toronto land transfer tax
- $11,455
- Legal fees and disbursements
- $1,500 to $2,500
- Title insurance
- $250 to $500
- Status certificate
- $100
- Property tax adjustment
- $192
- Condo fee adjustment
- $467
Estimate only, not legal or tax advice. Rates as of 2026-10-14 from Ontario, City of Toronto and CMHC published rates. Legal and title figures are typical ranges. Adjustments assume the seller prepaid the closing month. First-time rebates have eligibility rules; confirm with your lawyer.
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$749,000
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