$599,900

For sale

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#301 689 The Queensway Street, Toronto (Stonegate-Queensway) - Single Family for Sale

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Investment analysis

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$599,900

Toronto

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#301 689 The Queensway Street, Toronto (Stonegate-Queensway), Ontario, M8Y1L1

2 beds2 baths1 parking$486/mo condo feeListed 101 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale. Its $599,900 asking price sits right in line with the $614,900 median in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome to Suite 231 at Reina Condos, a thoughtfully designed two-bedroom residence offering 765 sq. ft. of bright, contemporary living. This efficient open-concept layout features a modern kitchen that flows seamlessly into the spacious living and dining areas, extending to a private balcony overlooking the beautifully landscaped courtyard. The well-proportioned primary bedroom offers ample closet space, while the second bedroom provides the perfect setting for guests, a home office, or a growing family. Designed with comfort, style, and functionality in mind, this suite presents an exceptional opportunity to own in one of Toronto's most sought-after boutique condominium communities.Reina Condos is an award-winning boutique residence on The Queensway with just 200 suites, offering an impressive collection of amenities including a fully equipped fitness centre, children's playroom, games room, library, community room, Sound(less) room, pet wash, snack shack, and more. Residents also enjoy beautifully landscaped outdoor gathering spaces with BBQ areas, lounge seating, and a dedicated children's play area. Ideally located on The Queensway, you're just minutes from Mimico GO Station, the Gardiner Expressway, parks, restaurants, cafés, and shopping, making everyday living as convenient as it is enjoyable. (id:66096)

Property Details

MLS®: W13611066
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Basement: None
Heating: Heat Pump, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $486/mo
Fee Includes: Common Area Maintenance, Water, Insurance
Ownership: Condo/Strata
Listed: 101 days ago

Rooms

Main level

Living room: 4.29 x 3.99 meters
Dining room: 2.16 x 2.44 meters
Primary Bedroom: 3.99 x 3.2 meters
Bedroom 2: 3.99 x 2.67 meters
Kitchen: 2.16 x 1.85 meters

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

Features

Appliances: Oven - Built-In
Flooring: Vinyl
Exterior: Brick
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

101d

Toronto (Stonegate-Queensway) listings, avg age

50d

List price

$600K

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 (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 PROFESSIONALS INC. · YAW ANTWI FRIMPONG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Y)

This home lists at $599,900, about 6.6× the local median household income of $91,000.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.

Median household income: $91,000
Population: 21,986
Median age: 40.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M8Y)

$599,900

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Est. property tax$0/mo

Condo fee$486/mo

Total monthly$3,618

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$16,946

Est. closing costs$4,300

Total cash needed$56,236

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice