Condo for sale at 1226-550 Queens Quay, Toronto, Ontario, M5V 3M8 - Waterfront Communities C1 - MLS: C12757604

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1226-550 Queens Quay

Toronto, Ontario, M5V 3M8 - Waterfront Communities C1

$599,000

Virtual Tour

Neighbourhood

Waterfront Communities C1
Major Intersection

Spadina

Listed Since: 4 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

1 + 1
Bathrooms

1
Square Feet

800-899
Exposure

South
Total Parking

1 Underground Garage
Maintenance

$685
Taxes

$3,378.00 (2025)
Balcony

Open

Property Description

Property description for 1226-550 Queens Quay, Toronto

One of the most desirable buildings along Queens Quay. Begin your mornings in peaceful tranquility, sipping coffee on the expansive private balcony with an exceptional unobstructed view of the waterfront. This bright and spacious open-concept one bedroom plus den offers over 800 sq. ft. of thoughtfully designed living space. The chef-inspired kitchen features built-in appliances, large pantry cabinet, seamlessly flowing into the open living and dining room. Floor-to-ceiling windows flood the space with natural light. The generous primary bedroom includes a walk-in closet, a second closet, and direct access to the bath, while a separate two-piece powder room can be closed off for guests allowing for versatility and privacy. The den has walkout to the balcony is perfect for a home office, reading nook, or guest space. Enjoy the convenience of ensuite laundry with additional storage. This unit includes one parking space and one locker. World-class amenities include a rooftop terrace with BBQs, 24-hour concierge, visitor parking, guest suite (approx $150/night), party room, gym, and sauna. Just steps to transit, waterfront trails, marina, and the Toronto Music Garden, and minutes to Billy Bishop Airport, Scotiabank Arena, Rogers Centre, dining, shopping, and more-this is waterfront living at its finest.

Listed by ROYAL LEPAGE SUPREME REALTY

Property details

MLS #

C12757604
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Guest Suites,Party/Meeting Room,Rooftop Deck/Garden,Exercise Room,Bike Storage
Maintenance Fee Includes

Parking, Water
Property Management

Icon Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12757604
Sq. Ft

800-899
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Concrete
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

Main
Building Amenities

Guest Suites,Party/Meeting Room,Rooftop Deck/Garden,Exercise Room,Bike Storage
Maintenance Fee Includes

Parking, Water
Property Management

Icon Property Management
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Kitchen

5.74 x 3.45 ft Main level

Breakfast Bar, Centre Island, B/I Appliances
Living

3.76 x 3.68 ft Main level

Overlook Water, Laminate, W/O To Terrace
Dining

5.74 x 3.45 ft Main level

Combined W/Kitchen, Open Concept, Laminate
Br

4.67 x 3.2 ft Main level

Broadloom, Large Closet, 5 Pc Ensuite
Den

2.97 x 2.29 ft Main level

W/O To Terrace, Overlook Water, Laminate

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Open house for 1226-550 Queens Quay, Toronto

Local Real Estate Price Trends for Condo Apt in Waterfront Communities C1

Active listings

560

Average Selling Price of a Condo Apt

January 2026

$656,886

Last 3 Months

$695,142

Last 12 Months

$748,595

January 2025

$699,075

Last 3 Months LY

$723,594

Last 12 Months LY

$775,200

Change

-6%

Change

-4%

Change

-3%

Historical Average Selling Price of a Condo Apt in Waterfront Communities C1

Average Selling Price

3 years ago

$758,028

Average Selling Price

5 years ago

$671,397

Average Selling Price

10 years ago

$486,913

Change

-13%

Change

-2%

Change

35%

Number of Condo Apt Sold

January 2026

Last 3 Months

Last 12 Months

108

January 2025

Last 3 Months LY

Last 12 Months LY

124

Change

-6%

Change

-4%

Change

-13%

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

12%

Average Selling price

Inventory Graph

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.