710-1040 The Queensway, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13230906

$755,000
For Sale
Listed 45 days ago
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3Bedrooms
2Bathrooms
2Garage
800-899Sq Ft

About this home

Welcome to Loggia condos on The Queensway! Spacious and bright 3 bedrooms approx 900 sq ft plus 300 sq ft L shape balcony! Beautifully upgraded and meticulously maintained! Southeast corner suite with floor to ceiling windows! 2 walkouts to a large balcony with one of the best exposure of the Etobicoke! Open concept kitchen allows for easy flow with the living and dining areas gorgeous granite in kitchen complimented by stainless steel appliances and backsplash. Primary Bedroom can fit a king sized bed! Huge walk-in closet and private 3 piece bath with a window! Very practical layout! Lots of storage space! Locker is conveniently located in the same level as the underground parking space. Enjoy the great amenities- gym, Indoor lap pool, Sauna, Hot tub and Party Room! Concierge and Underground visitor parking. Ideal location near Cineplex Theatres, IKEA, Costco, many unique restaurants and neighbourhood shops, with easy highway access to downtown or Pearson. TTC practically at your door! New Longos across the street and new RBC and BMO banks. Proposed park and more retail coming across the street!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13230906
Bedrooms
3
Bathrooms
2
Size
800-899
Cross streets
Islington/The Queensway
Parking
2 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Piers, Concrete
Roof
Flat, Membrane
Maintenance
$915/mo
Exposure
South East
Property tax
$2,993 / 2026
Days on market
45
Listing brokerage
CENTURY 21 LEADING EDGE REALTY INC.

Rooms

KitchenMain3.14 × 3.38 m

granite counters · tile floor · stainless steel appl

Dining RoomMain2.00 × 2.00 m

combined w/living · laminate

Living RoomMain3.76 × 2.58 m

combined w/dining · laminate · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$628Kest. value

Listed at $755,000, this home is about 20% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $564K, 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, listed at $630K
  • Adjusts to $630K

That comparable adjusts to $630K; the $628K estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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 Islington Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$611KGreat deal$755KOverpriced

Total price vs nearby homes. Fair value about $628K, 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Primary suite: a key comfort and resale feature.
  • Open-concept layout: modern, sought-after flow.
  • Weigh carefully
  • Lifestyle
Comparable listingsCurrently listed nearby in Islington-City Centre West · asking prices
$686kavg asking

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

3508-36 Zorra Street$769k2623-9 Mabelle Avenue$649k303-1195 The Queens Way$699k1108-36 Zorra Street$685k1802-9 Valhalla Inn Road$630k

The 5 closest of 6 active listings nearby.

See all comparable homes
755kThis home769k649k699k685k630kThis home vs active comparables
Live market pulseActive comparables in Islington-City Centre West · median list $560K
$889this home / sqft
49active listings nearby
45days on market

This home lists 22% above the area average of $727/sqft.

On the market now.

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.

Getting around

80/ 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 Islington Ave, about 81 m away

20+ transit stops4 grocery20+ dining14 parks13 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
$800K
Waterfront Communities C1
$688K
Annex
$1.39M
Church-Yonge Corridor
$574K
Waterfront Communities C8
$998K

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 · 0.8 km awayAbove the GTA average · 82% meet the provincial standard

Affordability & Mortgage

Affordability
$3,441/mo
$159KIncome needed
4.7×Price ÷ income
$794Weekly 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 $3,441Property tax $249Condo fee $915Total carry $4,605

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)
$3,223per month

Mortgage amount $604,000 · 4.14% over 25 years

$151,000Down payment (20.0%)
$604,000Loan before insurance
$0CMHC premium
$4,388Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,223
Property tax
$249
Condo / maintenance fees
$915
Heating
$0
Estimated monthly cost
$4,388

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

One-time closing costs

Ontario land transfer tax
$11,575
Toronto municipal land transfer tax
$11,575
Estimated closing costs
$23,150

Plus your down payment of $151,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,915/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

$362,950Total interest paid
$966,950Total of all payments
Principal $604,000 Interest $362,950
YearPrincipalInterestBalance
1$14,150$24,528$589,850
2$14,741$23,937$575,109
3$15,358$23,320$559,751
4$16,001$22,678$543,750
5$16,670$22,008$527,080
6$17,367$21,311$509,713
7$18,094$20,585$491,620
8$18,850$19,828$472,770
9$19,639$19,039$453,131
10$20,460$18,218$432,670
11$21,316$17,362$411,354
12$22,208$16,470$389,147
13$23,137$15,541$366,010
14$24,104$14,574$341,906
15$25,113$13,565$316,793
16$26,163$12,515$290,630
17$27,257$11,421$263,373
18$28,398$10,280$234,975
19$29,585$9,093$205,390
20$30,823$7,855$174,567
21$32,112$6,566$142,454
22$33,455$5,223$108,999
23$34,855$3,823$74,144
24$36,313$2,365$37,832
25$37,832$846$0

At the end of your 5-year term

Total paid over the term
$193,390
Principal paid down
$76,920
Interest paid
$116,471
Balance remaining
$527,080

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$2,700/mo
$32,400Gross annual rent
1.9%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.

4.3%
Gross yield
− Property tax $2,993− Condo fees $10,980− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,263

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 LEADING EDGE REALTY INC.. MLS®/PropTx.

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