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$1,689,000
Toronto
960A The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Z1P5
This 4-bedroom, 4-bathroom condo in Toronto is for sale offering roughly 2,250 sq ft of space.
ATTENTION INVESTORS! An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners alike. This building boasts three completely distinct entrances for the main-floor workspace, the upper residential suite, and the lower-level unit. Wake up every morning and walk downstairs (or upstairs) to work. The ground floor is currently outfitted as a hair salon with private powder room for customers. The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes. Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line appliances, en-suite laundry, and key safety features ready for legal apartment conversion. With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for immediate cash flow and strong long-term appreciation. Includes two professional shampoo stations/sinks that can remain for turn-key salon use or be removed upon request. Some photos have been virtually staged to show potential. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 50 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Toronto (Stonegate-Queensway) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,689,000, about 15.2× the local median household income of $111,000.
Carrying it typically needs a household income of about $329,921 (20% down, 25-yr amortization, stress-tested) — roughly 197% above the area median.
Source: Statistics Canada, 2021 Census (FSA M8Z)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice