1501-105 The Queensway Avenue, Toronto, ON

High Park-Swansea, Toronto · MLS® W13077472

$498,000
For Sale
Listed 79 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft
1 schools20+ transit stops20+ parks20+ restaurantswithin 1.5 km

About this home

This exceptional location is just steps from the Lakefront Trail, Sunnyside Park, and High Park. Offering unparalleled convenience for commuters, the property provides easy access to the Gardiner Expressway and public transit.This beautifully appointed 1-bedroom plus den suite features stunning east-facing views of downtown Toronto, along with picturesque lake views from the oversized balcony.Residents will enjoy an impressive selection of amenities, including an indoor and outdoor pool, tennis court, party room, fully equipped fitness centre, guest suites, and 24-hour security.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13077472
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Lakeshore Blvd W & Windermere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$627/mo
Exposure
South East
Property tax
$2,315 / 2025
Days on market
79
Listing brokerage
BAY STREET GROUP INC.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$580Kest. value

Listed at $498,000, this home is about 14% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

In High Park-Swansea lately, sellers have been getting about 96% of asking and homes sell in about 37 days.

Based on 76 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 76 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $473K, a bit lower.

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, sold for $555K
  • Adjusts to $555K

That comparable adjusts to $555K; the $580K estimate above is the median of all 76 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

On location, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Windermere Avenue is about a 1-minute walk away.

List price
$498KGreat deal$671KOverpriced

Total price vs nearby homes. Fair value about $580K, median of 76 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$521kavg asking

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

749-24 Southport Street$489k2201-105 The Queensway Avenue$520k715-103 The Queensway$525k1216-105 Queensway Avenue$529k3114-105 THE QUEENSWAY$540k

The 5 closest of 8 active listings nearby.

See all comparable homes
498kThis home489k520k525k529k540kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $569K
$767this home / sqft
24active listings nearby
79days on market
100sold nearby · 90 days
$698Kmedian sold price
96%of asking, on average

This home lists 6% below the area average of $819/sqft.

78 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

High Park-Swansea, 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

63/ 100

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 OpenStreetMap contributors.

Many errands can be done on foot; a car still helps.

🚉 Nearest transit: Windermere Avenue, about 94 m away

20+ transit stops1 grocery20+ dining20+ parks3 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
$590K
Niagara
$714K
Islington-City Centre West
$599K
Waterfront Communities C1
$567K
Bay Street Corridor
$471K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 0.9 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$2,270/mo
$108KIncome needed
4.6×Price ÷ income
$524Weekly 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.

73%mortgage
Mortgage $2,270Property tax $193Condo fee $627Total carry $3,090

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,126per month

Mortgage amount $398,400 · 4.14% over 25 years

$99,600Down payment (20.0%)
$398,400Loan before insurance
$0CMHC premium
$2,946Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,126
Property tax
$193
Condo / maintenance fees
$627
Heating
$0
Estimated monthly cost
$2,946

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

One-time closing costs

Ontario land transfer tax
$6,435
Toronto municipal land transfer tax
$6,435
Estimated closing costs
$12,870

Plus your down payment of $99,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,582/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

$239,403Total interest paid
$637,803Total of all payments
Principal $398,400 Interest $239,403
YearPrincipalInterestBalance
1$9,333$16,179$389,067
2$9,724$15,789$379,343
3$10,130$15,382$369,213
4$10,554$14,958$358,659
5$10,995$14,517$347,664
6$11,455$14,057$336,208
7$11,935$13,578$324,274
8$12,434$13,078$311,840
9$12,954$12,558$298,886
10$13,496$12,016$285,391
11$14,060$11,452$271,330
12$14,648$10,864$256,682
13$15,261$10,251$241,421
14$15,899$9,613$225,522
15$16,564$8,948$208,958
16$17,257$8,255$191,700
17$17,979$7,533$173,721
18$18,731$6,781$154,990
19$19,515$5,998$135,475
20$20,331$5,181$115,145
21$21,181$4,331$93,963
22$22,067$3,445$71,896
23$22,990$2,522$48,906
24$23,952$1,560$24,954
25$24,954$558$0

At the end of your 5-year term

Total paid over the term
$127,561
Principal paid down
$50,736
Interest paid
$76,824
Balance remaining
$347,664

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.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.9%
Gross yield
− Property tax $2,315− Condo fees $7,524− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,455

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAY STREET GROUP INC.. MLS®/PropTx.

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