$539,000

For sale

#1017 1185 The Queensway Avenue, Toronto (Islington-City Centre West) - Single Family for Sale

#1017 1185 The Queensway Avenue, Toronto (Islington-City Centre West), Ontario, M8Z0C6

2 beds1 bath1 parking650 ft²$666/mo condo feeListed 25 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $539,000 asking price sits right in line with the $519,000 median in Toronto. It has been on the market 25 days, fresher than the Toronto average of 56 days.

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Description

Bright and spacious one-bedroom plus den suite, featuring a separate den room and beautiful, unobstructed southeast views of the Toronto skyline and Lake Ontario. The open-concept kitchen features an upgraded backsplash and cabinet hardware, complemented by quality laminate flooring throughout and a quartz countertop in the bathroom. Enjoy a large balcony and 9-foot floor-to-ceiling windows extending into the bedroom, filling the space with natural light. Excellent building amenities and a convenient location close to shops, restaurants, and entertainment, with easy access to the QEW and Highway 427. (id:66096)

Property Details

MLS®: W13886292
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $666/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,350/yr
Listed: 25 days ago

Rooms

Ground level

Living room: 5.42 x 3.61 meters
Dining room: 3.61 x 5.42 meters
Kitchen: 2.9 x 2.58 meters
Primary Bedroom: 3.9 x 3 meters
Den: 1.9 x 1.87 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

25d

Toronto (Islington-City Centre West) listings, avg age

56d

Price / ft²

$830

List price

$539K

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.

Haho

This 2-bed single family in Toronto (Islington-City Centre West) has been listed for 25 days, which is 31 days fresher than the city average of 56. Act while there is still low competition.

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Listed by CENTURY 21 HERITAGE GROUP LTD. · PAJTIM HASAJ

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $539,000, about 4.9× the local median household income of $111,000.

Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $111,000
Population: 19,312
Median age: 40.4
Owner / renter: 80% / 20%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M8Z)

$539,000· $830/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$196/mo

Condo fee$666/mo

Total monthly$3,690

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$14,510

Est. closing costs$4,117

Total cash needed$47,527

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