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318W - 500 Queens Quay
Waterfront Communities C1, Toronto
$1,249,000
Welcome to Prestigious 500 Queens Quay West Unit 318W. Spacious and Elegantly Updated Two Bedroom Unit Features Floor to Ceiling Windows, Striking views from Every Vantage Point. TWO Amazing Balconies, Southern with Views of the Lake and Northern, Views of the City and Perfect Spot for your Private BBQ Area! Uniquely situated along Toronto's Iconic Waterfront,Incredible Views of Lake Ontario and the spectacular Toronto Skyline, This Beautifully Renovated Unit Combines Refined Living With an Unbeatable Location.Tasteful Hardwood Throughout, Complemented by Elegant Ceramic Tile in both Renovated Bathrooms with Primary Bathroom featuring the comfort of in-floor heating. The Open Concept Kitchen is Ideal for Cooking & Entertaining has been beautifully Refreshed with Corian countertops, Updated Cabinet Doors & Lighting. Spend Cool Evenings Enjoying & Relaxing in The Warmth of a the Gas Fireplace (motor replaced 2024) and Taking in the Views of Lake.Skillfully Thought Out & Designed to Maximize Space nand Utility, Custom California Closets Storage Systems Compliment all Closets, Newer Lighting Thoroughout & Heat Pumps Replaced (7yrs), Making This Unit Truly Remarkable. Residents of his Prestigious Building Enjoy White-Glove Concierge Service, a Fitness Centre, Party and Meeting Rooms, Visitor Parking, and 24-hour Security. Steps from the Harbourfront, Vibrant Restaurants, Cafés, Entertainment, Parks, Waterfront, Transit both TTC & Highways. A truly Effortless Urban Lifestyle!
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 16-30 |
| Size | 1200-1399 sq. ft. |
| Maintenance Fees | $1,290 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $4,830 |
| mls© Number | C13704496 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $6,393
- Property tax
- $402
- Heat allowance
- $150
- Condo fees, half counted
- $645
- Housing costs
- $7,590 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$234,000
gross annual household income
- Payment at 4%
- $5,256 / mo
- Cash down
- $249,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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