$549,000

For sale

#710 1185 The Queensway, Toronto (Islington-City Centre West) - Single Family for Sale

#710 1185 The Queensway, Toronto (Islington-City Centre West), Ontario, M8Z1R2

2 beds2 baths1 parking750 ft²$801/mo condo feeListed 27 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 27 days, fresher than the Toronto average of 56 days.

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Description

Great Value! More Space. More Privacy. More Views. Motivated Seller! Space-the elusive frontier of condo living. This thoughtfully designed 782 sq. ft. suite feels significantly larger thanks to its smart split-bedroom layout, offering privacy and flexibility. Two bedrooms, two full bathrooms, and two balconies make everyday living feel effortless. Step outside through any of the three walk-outs and take in the peaceful terrace setting and lake views. The outlook feels more like a getaway than city living. Pet-friendly building, plus a premium tandem bike-rack upgrade with your parking spot and a locker for all the extras. The space, the layout, the views-and a motivated seller. Come see why this one feels like home. (id:66096)

Property Details

MLS®: W13884496
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $801/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,862.07/yr
Listed: 27 days ago

Rooms

Flat

Living room: 3.2 x 2.63 meters
Dining room: 3.2 x 2.63 meters
Kitchen: 2.5 x 2.4 meters
Primary Bedroom: 3.6 x 3.1 meters
Bedroom 2: 3.4 x 2.75 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, Intercom, Dishwasher, Stove, Dryer, Microwave
Flooring: Hardwood, Ceramic
Exterior: Brick, Stucco
Lot Features: Balcony, In suite Laundry, Sauna

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

27d

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

56d

Price / ft²

$732

List price

$549K

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 27 days, which is 29 days fresher than the city average of 56. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · MINAS HATZIGIANNATZOGLOU

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M8Z)

This home lists at $549,000, about 4.9× the local median household income of $111,000.

Carrying it typically needs a household income of about $107,239 (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)

$549,000· $732/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,900.00

Min 5.45%50%

Mortgage payment$2,878/mo

↳ CMHC premium ($20,764 capitalized)

Property tax (est.)$239/mo

Condo fee$801/mo

Total monthly$3,917

Cash Needed to Close

Down payment (5.45%)$29,900

Land transfer tax$14,910

Est. closing costs$4,147

Total cash needed$48,957

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