$399,900

$410,000For salePrice drop↓ $10,100 (2%)

#217 859 The Queensway, Toronto (Stonegate-Queensway) - Single Family for Sale

#217 859 The Queensway, Toronto (Stonegate-Queensway), Ontario, M8Z1N8

1 bed1 bath0 parking550 ft²$475/mo condo feeListed 62 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $399,900, it is attractively priced about 35% below the $614,900 median asking price in Toronto.

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Description

Experience modern living in the heart of The Queensway in this beautifully finished 1/Bed, 1/Bath suite designed for both comfort and style. The bright open concept layout flows effortlessly onto your private balcony, creating the perfect spot for morning coffee or unwinding at the end of the day. Contemporary finishes throughout and an included locker make everyday living both stylish and functional. The lifestyle extends well beyond your suite. Start your morning with a workout in the fitness centre or yoga studio, catch a movie without leaving home in the private theatre, or spend summer evenings relaxing on the rooftop patio and outdoor cabanas. With concierge service and The Queensway's restaurants, cafés, shops, parks and transit just outside your door, this is urban living with everything you need to work, relax and entertain right at home. (id:66096)

Property Details

MLS®: W13742086
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Waterfront: Yes
Condo Fee: $475/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Property Tax: $1,688.09/yr
Listed: 62 days ago

Features

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

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

62d

Toronto (Stonegate-Queensway) listings, avg age

51d

Price / ft²

$728

List price

$400K

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 1-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?

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Listed by RE/MAX MILLENNIUM REAL ESTATE · SAM KAMRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $399,900, about 3.6× the local median household income of $111,000.

Carrying it typically needs a household income of about $78,114 (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)

$399,900· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,995

Min 5%50%

Mortgage payment$2,106/mo

↳ CMHC premium ($15,196 capitalized)

Property tax (est.)$141/mo

Condo fee$475/mo

Total monthly$2,722

Cash Needed to Close

Down payment (5%)$19,995

Land transfer tax$8,947

Est. closing costs$3,700

Total cash needed$32,642

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