Condo for sale at 518E-500 Queens Quay, Toronto, Ontario, M5V 3K8 - Waterfront Communities C1 - MLS: C13435750

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518E-500 Queens Quay

Toronto, Ontario, M5V 3K8 - Waterfront Communities C1

$1,188,000

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Neighbourhood

Waterfront Communities C1
Major Intersection

Queens Quay West and Bathurst St

Listed Since: 6 day(s)
Last update: today

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Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1200-1399
Exposure

Ns
Total Parking

1 Underground Garage
Maintenance

$1,354
Taxes

$4,735.67 (2025)
Balcony

Open

Property Description

Property description for 518E-500 Queens Quay, Toronto

Resort-style living on Toronto's waterfront. Offered for the first time in over 20 years, this exceptional lakefront residence presents a rare opportunity to own a beautifully maintained home with both south and north exposures, filling the space with natural light throughout the day. Spanning 1,293 sq. ft., this spacious 2-bedroom, 2-bathroom suite features generously proportioned principal rooms and bedrooms, thoughtfully designed for comfortable everyday living and effortless entertaining. Step out onto the private south-facing balcony and take in breathtaking, unobstructed views of Lake Ontario, the marina, and the picturesque Music Garden - an idyllic setting to relax, unwind, and enjoy the beauty of the waterfront. Perfectly situated just steps from waterfront trails, the marina, cafés, restaurants, shopping, transit, and Billy Bishop Airport. This residence offers an unparalleled lifestyle that combines the tranquility of lakeside living with the convenience of downtown amenities.

Listed by RE/MAX HALLMARK REALTY LTD.

Property details

MLS #

C13435750
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

Lake, Marina, Park/Greenbelt, Garden
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Exercise Room,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, 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 #

C13435750
Sq. Ft

1200-1399
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

Lake, Marina, Park/Greenbelt, Garden
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Owned
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

Y
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Community BBQ,Exercise Room,Party/Meeting Room,Visitor Parking
Maintenance Fee Includes

Heat, 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

2.74 x 2.79 ft Main level

Breakfast Bar, Pantry, O/Looks Dining
Dining

3.96 x 3.66 ft Main level

Combined W/Kitchen, Open Concept, hardwood floor
Living

4.65 x 4.09 ft Main level

Gas Fireplace, W/O To Balcony, Overlook Water
Primary

3.3 x 4.37 ft Main level

4 Pc Ensuite, Large Closet, Overlook Water
2nd Br

3.35 x 2.95 ft Main level

Large Window, Large Closet, hardwood floor

Contact Manoj Kukreja

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

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

Active listings

700

Average Selling Price of a Condo Apt

May 2026

$742,806

Last 3 Months

$724,113

Last 12 Months

$723,976

May 2025

$776,319

Last 3 Months LY

$806,364

Last 12 Months LY

$784,184

Change

-4%

Change

-10%

Change

-8%

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

Average Selling Price

3 years ago

$799,116

Average Selling Price

5 years ago

$788,457

Average Selling Price

10 years ago

$485,643

Change

-7%

Change

-6%

Change

53%

Number of Condo Apt Sold

May 2026

141

Last 3 Months

127

Last 12 Months

114

May 2025

113

Last 3 Months LY

112

Last 12 Months LY

110

Change

25%

Change

13%

Change

How many days Condo Apt takes to sell (DOM)

May 2026

Last 3 Months

Last 12 Months

May 2025

Last 3 Months LY

Last 12 Months LY

Change

-3%

Change

-3%

Change

11%

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.