807-1195 The Queensway, Toronto, ON

Islington-City Centre West, Toronto · MLS® W12755672

$3,500/mo
For Lease
Listed 164 days ago
3Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome to the Tailor Residences located in the heart of Etobicoke in a popular Islington-City Centre West neighbourhood. This beautifully furnished 2-bedroom + den, 2 bathroom condo offers great comfort and convenience. Located on 8th floor, this 818 sq ft condo unit features a thoughtfully designed layout with a spacious open-concept living area that walks out to a private open concept balcony showcasing the East city views. The modern kitchen comes fully equipped with stainless steel appliances, small appliances, quartz countertops, a chic backsplash, and all essential cutlery - ideal for everyday living. Both bedrooms are tastefully furnished with queen-sized beds and generous closet space. The primary bedroom includes a large window and a 4-piece ensuite. The den is a separate room that can function as a home office or even a small third bedroom, offering flexible space to suit your needs. Additional highlights include laminate flooring throughout, floor-to-ceiling windows, and in-suite laundry. The unit comes with 1 EV parking & 1 locker that's included in the price. The building offers a range of amenities such as gym, concierge, visitors parking, meeting room, rooftop with BBQ area & more! Minutes to Bloor subway line, Mimico GO Station, QEW, HWY 427, Gardiner Exp & more! Available for a long/short term. Utilities & internet can be included at an additional cost. The suite comes with all furniture, big/small appliances, all electronic light fixtures & window blinds.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W12755672
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
800-899
Cross streets
Kipling Ave & The Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
East
Days on market
164
Listing brokerage
RE/MAX METROPOLIS REALTY

Rooms

Bedroom 2Flat2.75 × 2.55 m

sliding doors · large closet · laminate

Living RoomFlat2.40 × 3.65 m

open concept · w/o to balcony · laminate

Primary BedroomFlat3.55 × 3.10 m

large window · large closet · laminate

KitchenFlat3.25 × 3.35 m

stainless steel appl · backsplash · laminate

DenFlat1.85 × 2.95 m

separate room · 4 pc bath · laminate

Dining RoomFlat3.25 × 3.35 m

combined w/kitchen · combined w/living · laminate

Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,069/moest. value

Listed at $3,500/mo, this rental is about 14% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $3,450/mo
  • Adjusts to $3,450/mo

That comparable adjusts to $3,450/mo; the $3,069/mo estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. The Queensway at Zorra St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$2,862/moBelow market$3,500/moAbove market

Total price vs nearby homes. Fair value about $3,069/mo, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$3,205avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

2304-60 Central Park Roadway$3,4501528-5 Mabelle Avenue$3,200514-1007 The Queensway$3,300909-1007 THE QUEENSWAY Avenue$3,175414-10 Gibbs Road$2,900

The 5 closest of 6 active listings nearby.

See all comparable homes
3,500This home3,4503,2003,3003,1752,900This home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $3K
51active listings nearby
164days on market

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Islington-City Centre West, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

78/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: The Queensway at Zorra St, about 25 m away

20+ transit stops3 grocery20+ dining14 parks11 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Mimico
$3K
Dovercourt-Wallace Emerson-Junction
$2K
Waterfront Communities C1
$3K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Castlebar Junior School
82%
Castlebar Junior SchoolPublic · Elementary · 1.2 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$16/mo
$4KIncome needed
0.8×Price ÷ income
$4Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $16Property tax $2Total carry $18

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$15per month

Mortgage amount $2,800 · 4.14% over 25 years

$700Down payment (20.0%)
$2,800Loan before insurance
$0CMHC premium
$17Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$15
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$17

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18
Toronto municipal land transfer tax
$18
Estimated closing costs
$35

Plus your down payment of $700. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$18/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,683Total interest paid
$4,483Total of all payments
Principal $2,800 Interest $1,683
YearPrincipalInterestBalance
1$66$114$2,734
2$68$111$2,666
3$71$108$2,595
4$74$105$2,521
5$77$102$2,443
6$81$99$2,363
7$84$95$2,279
8$87$92$2,192
9$91$88$2,101
10$95$84$2,006
11$99$80$1,907
12$103$76$1,804
13$107$72$1,697
14$112$68$1,585
15$116$63$1,469
16$121$58$1,347
17$126$53$1,221
18$132$48$1,089
19$137$42$952
20$143$36$809
21$149$30$660
22$155$24$505
23$162$18$344
24$168$11$175
25$175$4$0

At the end of your 5-year term

Total paid over the term
$897
Principal paid down
$357
Interest paid
$540
Balance remaining
$2,443

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.

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