801-1195 The Queensway Street, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13207158

$569,000
For Sale
Listed 56 days ago
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

DO NOT MISS THIS ONE! SPECTACULAR CONDO IN GREAT NEIGHBORHOOD! 2 BEDROOM AND 2 BATHROOMS,UNDERGROUND PARKING AND LOCKER. MODERN KITCHEN WITH QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES! OPEN CONCEPT LAYOUT ALLOWS YOU TO MODERATE THE SPACE TO YOUR VISION AND COMFORT**PREMIUM LAMINATE FLOORING, ABUNDANCE OF NATURAL LIGHT AND LARGE BALCONY ALLOWS YOU TO FURTHER ENJOY THIS ELEGANT CONDO** LOCATED CLOSE TO GARDINER EXPRESSWAY, 427 AND SHORT DRIVE TO DOWNTOWN** IN ADDITION WALKING DISTANCE TO TTC, SHOPPING, SCHOOLS, PARKS AND YOUR FAVORITE RESTAURANTS!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13207158
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Queensway + Kipling
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$598/mo
Exposure
West
Property tax
$2,948 / 2025
Days on market
56
Listing brokerage
SUTTON GROUP - SUMMIT REALTY INC.

Rooms

Living RoomFlat4.94 × 4.28 m

combined w/dining · open concept

BathroomFlat

4 Pc Bath

LaundryFlat
Bedroom 2Flat2.63 × 2.38 m

Closet

Dining RoomFlat4.94 × 4.28 m

combined w/living · window floor to ceiling · w/o to balcony

Primary BedroomFlat3.73 × 3.35 m

window floor to ceiling · 3 pc ensuite · closet

KitchenFlat4.94 × 4.28 m

modern kitchen · stainless steel appl

Our TakeTeam Asgarian · Broker
Above comparables
$520Kest. value

Listed at $569,000, and my independent estimate is about 9% above what comparable homes suggest.

In Islington-City Centre West lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$490KGreat deal$569KOverpriced

Total price vs nearby homes. Fair value about $520K, median of 90 comparables.

How this estimate is builtthe short version

I take the 90 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $618K, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($759/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 90 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$568kavg asking

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

543-26 Gibbs Road$565k903-1195 The Queensway$545k202-15 Zorra Street$595k218-2 Fieldway Road$600k616-10 Gibbs Road$535k

The 5 closest of 8 active listings nearby.

See all comparable homes
569kThis home565k545k595k600k535kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $500K
$759this home / sqft
75active listings nearby
56days on market
92sold nearby · 90 days
$526Kmedian sold price
96%of asking, on average

This home lists 0% above the area average of $758/sqft.

55 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

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.

Nearby neighbourhoods

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

Mimico
$541K
Niagara
$572K
Waterfront Communities C1
$604K
Bay Street Corridor
$560K
Church-Yonge Corridor
$587K

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
$2,593/mo
$121KIncome needed
4.7×Price ÷ income
$598Weekly 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.

75%mortgage
Mortgage $2,593Property tax $246Condo fee $598Total carry $3,437

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,429per month

Mortgage amount $455,200 · 4.14% over 25 years

$113,800Down payment (20.0%)
$455,200Loan before insurance
$0CMHC premium
$3,273Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,429
Property tax
$246
Condo / maintenance fees
$598
Heating
$0
Estimated monthly cost
$3,273

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

One-time closing costs

Ontario land transfer tax
$7,855
Toronto municipal land transfer tax
$7,855
Estimated closing costs
$15,710

Plus your down payment of $113,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,950/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

$273,535Total interest paid
$728,735Total of all payments
Principal $455,200 Interest $273,535
YearPrincipalInterestBalance
1$10,664$18,486$444,536
2$11,110$18,040$433,426
3$11,575$17,575$421,852
4$12,059$17,091$409,793
5$12,563$16,586$397,230
6$13,089$16,061$384,142
7$13,636$15,513$370,506
8$14,206$14,943$356,299
9$14,801$14,349$341,499
10$15,420$13,730$326,079
11$16,065$13,085$310,014
12$16,737$12,413$293,277
13$17,437$11,713$275,841
14$18,166$10,983$257,675
15$18,926$10,223$238,749
16$19,718$9,432$219,031
17$20,542$8,607$198,489
18$21,402$7,748$177,087
19$22,297$6,853$154,790
20$23,229$5,920$131,561
21$24,201$4,948$107,360
22$25,213$3,936$82,146
23$26,268$2,881$55,878
24$27,367$1,783$28,512
25$28,512$638$0

At the end of your 5-year term

Total paid over the term
$145,747
Principal paid down
$57,970
Interest paid
$87,777
Balance remaining
$397,230

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$2,400/mo
$28,800Gross annual rent
2.6%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.

5.1%
Gross yield
− Property tax $2,948− Condo fees $7,176− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,908

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

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