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    Toronto / Downtown / The Waterfront

    1123 - 650 Queens Quay W

    For SaleThe Atrium on Queens Quay
    $425,000
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    1 Day on Strata

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $413/mth
    Taxes:
    $1,674 (2024)
    Cost Per Sqft:
    $852 - $1,065/sqft
    Locker:
    Owned
    Outdoor Space:
    None
    Exposure:
    North
    Possession Date:
    30/60/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Combined with Dining
    15.58 x 9.94ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    15.58 x 9.94ft
    Kitchen
    Open Concept, Breakfast Bar, Ceramic Floor
    7.55 x 7.38ft

    About this Listing

    Imagine having the downtown Toronto waterfront at your doorstep! This junior 1 bedroom unit is located in the award winning and popular Atrium and ideal for anyone who loves to run/cycle along the boardwalk or Martin Goodman Trail, take their dog to Coronation Dog Park, or jet set somewhere for the weekend by walking across to the Billy Bishop Toronto Airport. Watch sailboats go by, enjoy the patios along Queens Quay, hop on the streetcar that is steps from your front door to get to Union/Bathurst Stations. Pick up your necessities from the convenience store at the foot of your building, or stroll over to Loblaws, Shoppers Drug Mart, LCBO just a block away. Well managed building has a fantastic rooftop terrace featuring breathtaking views of the lake and city skyline, 24hr concierge, visitor parking, gym. Suite has been freshly painted with new closet doors and lights. Whether youre looking for your first home or downtown crash pad, this one is a must-see!

    royal lepage terrequity platinum realtyMLS® #C12012538

    Amenities

    Visitor Parking
    Party Room
    Rec Room
    Concierge
    Security System
    Indoor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    17,591
    Average Individual Income
    $62,082
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $105,756
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    22%
    65+
    21%
    Household Income
    $0 - $30,000
    49%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    39%
    High Rise Apartment
    23%
    Semi Detached
    21%
    Low Rise Apartment
    9%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    70%
    Mandarin
    13%
    Cantonese
    10%
    Tagalog
    2%
    Tamil
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    36%
    High School
    24%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    The Atrium on Queens Quay vs The Waterfront Area

    Building Trends At The Atrium on Queens Quay

    Days on Strata

    Units at The Atrium on Queens Quay spend an average of
    70
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in The Waterfront

    Turnover of Units

    On average, each unit is owned for
    4.4
    YEARS before being sold again

    Property Value

    -32%
    Decrease in property value within the past twelve months

    Price Ranking

    26th
    Highest price per SQFT out of 45 condos in The Waterfront area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    18
    Units were Rented over the past twelve months

    Best Value Rank

    The Atrium on Queens Quay offers the
    ?
    best value out of 45 condos in neighbourhood

    Appreciation Rank

    The Atrium on Queens Quay has the
    ?
    highest ROI out of 45 condos in neighbourhood

    Rental Yield

    The Atrium on Queens Quay yields the
    ?
    highest rent prices out of 45 condos in neighbourhood

    High Demand

    The Atrium on Queens Quay is the
    ?
    most popular building out of 45 condos in neighbourhood

    Transaction Insights at 650 Queens Quay W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$515,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$856No DataNo Data
    Avg. Wait for Unit Availability379 Days111 Days59 Days820 Days972 Days
    Ratio of Units in Building11%26%54%7%5%

    Transactions vs Inventory

    Total number of units listed and sold in Waterfront