602-103 The Queensway, Toronto, ON

High Park-Swansea, Toronto · MLS® W13233274

$575,000
For Sale
Listed 50 days ago
2Bedrooms
1Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to this beautifully updated 1-bedroom + den, 1-bathroom suite at NXT Condos, offering sought-after southeast exposure and breathtaking views of Lake Ontario. Large floor-to-ceiling windows fill the home with natural light, creating a bright and inviting living space throughout the day. Thoughtfully renovated, this move-in-ready residence features brand-new flooring, a completely updated kitchen, and new stainless steel appliances. Elegant wooden interior doors add warmth and sophistication, while the den has a full door installed, providing enhanced privacy and flexibility for a second bedroom, guests or a home office. Bathroom has been refreshed, including an updated vanity and new flooring. The open-concept layout seamlessly connects the kitchen, living, and dining areas, making it ideal for both everyday living and entertaining. Residents enjoy access to exceptional resort-style amenities, including indoor and outdoor pools, a fully equipped fitness centre, tennis court, party and meeting rooms, and 24-hour concierge service. Ideally located just steps from High Park, the waterfront, and vibrant neighbourhood amenities, with convenient access to downtown via transit or major roadways. Experience the perfect blend of modern upgrades, spectacular views, and urban convenience at one of Toronto's most desirable condominium communities.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13233274
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
700-799
Cross streets
Lakeshore & Windermere
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$695/mo
Exposure
South East
Property tax
$2,571 / 2025
Days on market
50
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

DenFlat0.00 × 0.00 m

laminate · pocket doors

KitchenFlat0.00 × 0.00 m

modern kitchen · stainless steel appl · overlooks living

Living RoomFlat0.00 × 0.00 m

w/o to balcony · laminate · open concept

Dining RoomFlat0.00 × 0.00 m

combined w/kitchen · overlooks living · laminate

Primary BedroomFlat0.00 × 0.00 m

window floor to ceiling · double closet

Our TakeTeam Asgarian · Broker
Above comparables
$518Kest. value

Listed at $575,000, and my independent estimate is about 11% above what comparable homes suggest.

In High Park-Swansea lately, sellers get about 96% of asking; homes sell in ~36 days.

List price
$479KGreat deal$575KOverpriced

Total price vs nearby homes. Fair value about $518K, median of 15 comparables.

How this estimate is builtthe short version

I take the 15 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 $505K, a close match.

What the listing highlights2 points to weigh

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

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Schools & getting aroundcatchment and transit

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.

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

Priced above comparable homes overall, but the price per square foot ($767/sqft) is in line with the area, so you are paying for extra space rather than a premium.

Based on 15 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$549kavg asking

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

1303-103 The Queensway$569k415-105 The Queensway Avenue$559k1915-103 The Queensway$550k3114-105 THE QUEENSWAY$540k1216-105 Queensway Avenue$529k

The 5 closest of 8 active listings nearby.

See all comparable homes
575kThis home569k559k550k540k529kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $609K
$767this home / sqft
32active listings nearby
50days on market
100sold nearby · 90 days
$700Kmedian sold price
96%of asking, on average

This home lists 3% below the area average of $787/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

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.

Nearby neighbourhoods

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

Mimico
$527K
Niagara
$599K
Waterfront Communities C1
$609K
Bay Street Corridor
$618K
Church-Yonge Corridor
$611K

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 · 1.0 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$2,621/mo
$123KIncome needed
4.7×Price ÷ income
$605Weekly 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.

74%mortgage
Mortgage $2,621Property tax $214Condo fee $695Total carry $3,530

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)
$2,455per month

Mortgage amount $460,000 · 4.14% over 25 years

$115,000Down payment (20.0%)
$460,000Loan before insurance
$0CMHC premium
$3,364Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,455
Property tax
$214
Condo / maintenance fees
$695
Heating
$0
Estimated monthly cost
$3,364

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

One-time closing costs

Ontario land transfer tax
$7,975
Toronto municipal land transfer tax
$7,975
Estimated closing costs
$15,950

Plus your down payment of $115,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,981/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

$276,419Total interest paid
$736,419Total of all payments
Principal $460,000 Interest $276,419
YearPrincipalInterestBalance
1$10,776$18,681$449,224
2$11,227$18,230$437,997
3$11,697$17,760$426,300
4$12,186$17,271$414,114
5$12,696$16,761$401,419
6$13,227$16,230$388,192
7$13,780$15,677$374,413
8$14,356$15,101$360,056
9$14,957$14,500$345,100
10$15,582$13,874$329,517
11$16,234$13,223$313,283
12$16,913$12,544$296,370
13$17,621$11,836$278,749
14$18,358$11,099$260,392
15$19,126$10,331$241,266
16$19,926$9,531$221,341
17$20,759$8,698$200,582
18$21,627$7,829$178,954
19$22,532$6,925$156,423
20$23,474$5,982$132,948
21$24,456$5,000$108,492
22$25,479$3,977$83,013
23$26,545$2,912$56,468
24$27,655$1,801$28,812
25$28,812$645$0

At the end of your 5-year term

Total paid over the term
$147,284
Principal paid down
$58,581
Interest paid
$88,703
Balance remaining
$401,419

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
2.5%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.

5.0%
Gross yield
− Property tax $2,571− Condo fees $8,343− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,118

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

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