Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

500 Queens Quay W Ph01E, Toronto, ON M5V 3K8

3+1 beds · 4 baths · 1 kitchen · 11+1 rooms · 3 parking spaces · 3750-3999 sq ft · Locker · Laundry in unit · Condo Apartment
$5,688,000

Utilities includedHeat · Water

Also includedCommon Elements · Parking · Building Insurance

Maintenance fee
$4,022 / month
Property tax
$14,556 / year
Included in the fee
Heat, Water, Common Elements, Parking, Building Insurance

An Extraordinary Waterfront Masterpiece At The Prestigious 500 Queens Quay W. Offering Approx. 3,800 Sq. Ft. Of Exquisitely Renovated Living Space With Coveted Southeast Exposure, This Remarkable 3+1 Bedroom Residence Features Three Private Ensuites, Timeless Designer Finishes And Impeccable Craftsmanship Throughout. Floor-To-Ceiling Walls Of Glass Capture Unparalleled Panoramic Views Of Lake Ontario, The Toronto Islands, Marina, Billy Bishop Airport And The Iconic City Skyline. Expansive Principal Rooms Flow Effortlessly To A Rare Private Waterfront Terrace, Creating An Exceptional Setting For Refined Entertaining And Everyday Living. Two Elegant Fireplaces, One On Each Level, Add Warmth And Architectural Elegance. The Bespoke Chef's Kitchen Showcases Premium New Appliances, Custom Cabinetry, Luxurious Stone Countertops And Extensive Storage. Rich Hardwood Flooring And Abundant Natural Light Enhance Every Space. The Main Level Offers A Private 1+1 Guest Suite With A Beautiful Ensuite And Tranquil Lake Views. Upstairs, The Spectacular Primary Retreat Features Separate His & Hers Walk-In Closets, A Private Sauna And A Lavish 6-Piece Spa-Inspired Ensuite. Every Bedroom Enjoys Its Own Private Ensuite, Delivering Exceptional Comfort And Privacy. Includes Three Premium Parking Spaces And One Oversized Locker. Residents Enjoy White-Glove Concierge, Fitness Centre, Rooftop Terrace, Party & Meeting Rooms, Visitor Parking, 24-Hour Security And Direct Access To Toronto's Vibrant Waterfront. A Truly Once-In-A-Generation Offering Reserved For The Most Discerning Buyer Seeking An Iconic Waterfront Residence Defined By Unrivalled Luxury, Timeless Elegance And World-Class Panoramic Views.

MLS number
C13615386
Type
Condo Apartment
Status
Active
Bedrooms
4
Bathrooms
4
Postal code
M5V 3K8
Photos
49
Locker
Yes — Owned
Laundry
Ensuite
Included in the fee
Heat, Water, Common Elements, Parking, Building Insurance
45days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

The Waterfront School7.4 / 10
Elementary · Regular Track
TDSB boundary
Harbord Collegiate Institute8.5 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Jean Lumb Public School
Toronto DSB
Elementary160 m7.3 / 10
73% met the standard
Bishop Macdonell Catholic School
Toronto CDSB
Elementary210 m8.2 / 10
82% met the standard
City School
Toronto DSB
Secondary258 m5.8 / 10
58% met the standard · 1 of 6 measures
Oasis Alternative Secondary School
Toronto DSB
Secondary918 mNot reported
ALPHA Alternative Junior School
Toronto DSB
Elementary924 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Waterfront Communities C12,423 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$488k$3.14M$5.79M20252026this home’s asking price
$590klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d16d32d20252026
25dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in waterfront communities c1. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 798 people.

$119,000Median household income
68.2%Own their home
0%Detached houses
49.2Median age
40.4%Born outside Canada
66.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35204656 — the few blocks around this address, home to 798 people. It describes the area, not this property.

798Population
48.7Average age
1.7Household size
$162,000Average household income
$119,000Median household income
68%Own their home
32%Rent
100%Condominiums
40%Born outside Canada
66%University degree
$1,000,000Average home value
8%Low income
61%Not in the labour force
27%Never married
Under $5,0001%
$5,000 to $9,9991%
$10,000 to $14,9991%
$20,000 to $24,9991%
$25,000 to $29,9992%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over38%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,9998%
$200,000 and over15%

Percentages are of the 760 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$1,137,600 · minimum here is $1,137,600
$25,185.23per month
Borrowed before insurance$4,550,400
Total borrowed$4,550,400
Interest over 25 years at 4.5%$3,005,170

If you rented it out

-$30,420.23per month out of pocket
Rent$0.00
Everything it costs to hold$30,420.23
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 8 still in progress.

150 QUEENS WHARF RD456 m
Council Approved · applied November 21, 2025

Proposed increase in height from the previously approved 29-storey tower to a 37-storey tower. The proposal increases the GFA by 3591 square metres and reduces the number of dwelling units from 282 to 268 total units.

City planning file →
10 LOWER SPADINA AVE218 m
Under Review · applied October 18, 2024

Site Plan Application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of non-residential floor area at grade, and 511 apartment dwelling units.The proposed development has a gross floor area o…

City planning file →
10 LOWER SPADINA AVE218 m
Under Review · applied October 18, 2024

Zoning By-law Amendment application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of non-residential floor area at grade, and 511 apartment dwelling units.The proposed development has a gros…

City planning file →
18 PORTLAND ST445 m
Under Review · applied September 8, 2022

Proposal to permit the redevelopment of the site with a 22-storey mixed-use building, having a non-residential gross floor area of 2,770.5 square metres and a residential gross floor area of 13,765.5 square metres.…

City planning file →
467 WELLINGTON ST W446 m
OMB Approved · applied July 20, 2022

Zoning By-law Amendment application to facilitate the redevelopment of the site with a 23-storey mixed-use building with retail at-grade and residential above. 225 residential units are proposed.…

City planning file →
467 WELLINGTON ST W446 m
Under Review · applied July 20, 2022

Site Plan Application to facilitate the redevelopment of the site with a 23-storey mixed-use building with retail at-grade and residential above. 225 residential units are proposed.…

City planning file →
1 NIAGARA ST463 m
OMB Approved · applied May 25, 2022

Official Plan Amendment for a 23 storey mixed-use building, having a non-residential gross floor area of 2,640 square metres, and a residential gross floor area of 14,459.90 square metres. A total of 182 residential dwelling units are proposed.…

City planning file →
400 FRONT ST W419 m
Under Review · applied November 7, 2021

Draft Plan of Subdivision for 4 blocks.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by SMART SOLD REALTY. Listing data provided by the Toronto Regional Real Estate Board.