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    3208 - 75-85 Queens Wharf Road

    CityPlace, Downtown, Toronto
    For SaleQuartz | Spectra Condos
    $419,800
    Studio
    1 Bath
    0 Parking
    438 SQFT
    13 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $958/sqft
    Maintenance Fees:
    $316/mth
    Taxes:
    $1,759 (2023)
    Locker:
    None
    Outdoor Space:
    Juliet Balcony
    Exposure:
    North
    Possession Date:
    Immediately/TBA
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Kitchen
    Track Lights, Stainless Steel Appliances, Laminate
    12.6 x 7.45ft
    Living
    Open Concept, Combined with Dining, Laminate
    26.9 x 16.21ft
    Dining
    Large Window, Combined with Living, Juliette Balcony
    26.9 x 16.21ft

    About this Listing

    Opportunity is knocking! Are you tired of paying for someone else's mortgage? This is your opportunity to build your new/existing real estate portfolio. Here we have a 438 sqft Studio Unit in the Spectra Condo By Concord Adex. Located in the heart of Downtown Toronto! Close To TTC, Steps From Major Banks (TD), Restaurants, Grocery (Loblaws, Starbucks) retail Stores, Library, Parks, the lake, & much more! This unit is functional and versatile with the space organizer. Enjoy the great views from the Juliet balcony including the CN Tower, green space, city skylines. The Building is equipped with multi Floors Of amazing Amenities. to name a few: indoor Pool, Hot Tub, Gym, Indoor Basketball Court, massage room, movie room. Rooftop Bbq, 24/7 Concierge & Security With Ample Visitor Parking. Do not Miss Out On This Great Unit, what are you waiting for? Do not wait to buy real estate, buy real estate and wait!

    royal lepage your community realtyMLS® #C8312190

    Amenities

    Guest Suites
    BBQ
    Indoor Pool
    Rec Room
    Bike Storage
    Gym Room

    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

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

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Price Trends

    Building Trends At Quartz | Spectra Condos

    Days on Strata

    Units at Quartz | Spectra Condos spend an average of
    26
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 21 condos in the CityPlace area

    Sold Units

    34
    Units were Sold over the past twelve months

    Rented Units

    127
    Units were Rented over the past twelve months

    Best Value Rank

    Quartz | Spectra Condos offers the
    ?
    best value out of 21 condos in the CityPlace neighbourhood

    Appreciation Rank

    Quartz | Spectra Condos has the
    ?
    highest ROI out of 21 condos in the CityPlace neighbourhood

    Rental Yield

    Quartz | Spectra Condos yields the
    ?
    highest rent prices out of 21 condos in the CityPlace neighbourhood

    High Demand

    Quartz | Spectra Condos is the
    ?
    most popular building out of 21 condos in the CityPlace neighbourhood

    Transaction Insights at 75-85 Queens Wharf Road

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$440,000 - $510,000$582,000 - $650,000$600,000 - $768,000$710,000 - $856,000$1,000,000 - $1,030,000$935,000 - $1,260,000No Data
    Avg. Cost Per Sqft$1,060$1,116$991$980$1,020$1,088No Data
    Avg. Wait for Unit Availability70 Days16 Days17 Days39 Days217 Days89 DaysNo Data
    Ratio of Units in Building8%36%33%15%2%8%1%

    Maintenance Fees

    Quartz | Spectra Condos vs The CityPlace Area

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