$499,000

For saleJust listed

#323 1007 The Queensway, Toronto (Islington-City Centre West) - Single Family for Sale

#323 1007 The Queensway, Toronto (Islington-City Centre West), Ontario, M8Z0H4

2 beds1 bath1 parking650 ft²$560/mo condo feeListed Today

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $499,000 asking price sits right in line with the $515,000 median in Toronto. It has been on the market 0 days, fresher than the Toronto average of 56 days.

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Description

Brand New Luxury 1 + 1 Condo- Stylish, Spacious & Steps from Everything! Move into this bright, modern 648 sqft 1 + 1 bedroom condo that perfectly blends luxury, comfort, and convenience. Every inch of this stunning home is designed for stylish living- from the soaring 9-foot ceilings to the smart, open-concept layout that makes the space both beautiful and functional. Spacious Primary Bedroom- comfortably fits a king-size bed, features a large closet. Versatile Den- large enough to be used as a second bedroom or an expansive home office. second bedroom or an expansive home office.Resort Style Bathrooms- perfect for hosting. Private Balcony- no neighbouring balconies for added privacy. Parking + Same-Floor Locker- enjoy the convenience of having your locker right by your unit! Building Amenities That Impress: Stay active and entertained with a state-of-the-art gym & yoga studio, party room, outdoor terrace with BBQs, kids' playroom, golf simulator, co-working / content creation lounge, and cocktail lounge. Unbeatable Location: Just steps from Sherway Gardens, Costco, IKEA, top restaurants, and entertainment like Cineplex. Quick access to Highway 427, Gardiner Expressway, and public transit at your doorstep make commuting a breeze. BONUS: Internet & Cable Included! Don't miss your chance to live in a new condo that has it all- luxury finishes, incredible amenities, and a location that can't be beat. Pictures are Virtually Staged. (id:66096)

Property Details

MLS®: W14156994
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: $560/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $2,882/yr
Listed: Today

Rooms

Main level

Kitchen: 3.02 x 3.13 meters
Dining room: 3.02 x 3.13 meters
Living room: 3.28 x 3.13 meters
Bedroom: 2.82 x 2.84 meters
Den: 2.44 x 3.02 meters

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

Features

Appliances: Garage door opener remote(s)
Exterior: Brick
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

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

56d

Price / ft²

$768

List price

$499K

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 0 days, which is 56 days fresher than the city average of 56. Act while there is still low competition.

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · ZOE D'CUNHA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $499,000, about 4.5× the local median household income of $111,000.

Carrying it typically needs a household income of about $97,472 (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)

$499,000· $768/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$240/mo

Condo fee$560/mo

Total monthly$3,429

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$12,910

Est. closing costs$3,997

Total cash needed$41,857

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