605-859 The Queensway, Toronto, ON

Stonegate-Queensway, Toronto · MLS® W13435110

$425,000
For Sale
Listed 130 days agoNo offer date statedSitting longer than typical
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome to Suite 605 at 859 The Queensway.
  • This beautifully designed suite offers a bright, open-concept layout with contemporary finishes, floor-to-ceiling windows, and a spacious balcony that extends your...
  • Enjoy quick access to the QEW, Highway 427, Gardiner Expressway, TTC transit, Mimico GO Station, Sherway Gardens, Costco, and downtown Toronto.

Welcome to Suite 605 at 859 The Queensway. Modern Urban Living in the Heart of South Etobicoke! Experience stylish condo living in one of Toronto's most vibrant and rapidly growing neighbourhoods. This beautifully designed suite offers a bright, open-concept layout with contemporary finishes, floor-to-ceiling windows, and a spacious balcony that extends your living space outdoors. The modern kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and ample storage, seamlessly flowing into the living and dining areas, perfect for everyday living and entertaining. The thoughtfully designed bedroom provides comfort and privacy, while the functional layout maximizes every square foot. Enjoy the convenience of in-suite laundry, locker, and access to exceptional building amenities designed to complement your lifestyle. Residents enjoy a full range of premium amenities including a state-of-the-art fitness centre, yoga studio, stylish lounges, party room, outdoor terraces with BBQ areas, visitor parking, concierge service, and more. Ideally located on The Queensway, this address places you steps from cafés, restaurants, grocery stores, parks, and everyday conveniences. Enjoy quick access to the QEW, Highway 427, Gardiner Expressway, TTC transit, Mimico GO Station, Sherway Gardens, Costco, and downtown Toronto. Whether you're a first-time buyer, investor, or professional seeking a vibrant urban lifestyle, this location delivers unmatched convenience and connectivity. Discover the perfect blend of comfort, style, and location in this sought-after boutique condominium community. Don't miss your opportunity to own in one of Etobicoke's most desirable neighbourhoods! Modern living. Exceptional convenience. A place you'll be proud to call home.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13435110
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
The Queensway and Islington
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Asphalt Shingle
Maintenance
$531/mo
Exposure
West
Property tax
$1,934 / 2026
Days on market
130
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Rooms

Dining RoomFlat3.99 × 3.08 m

vinyl floor · combined w/living · w/o to balcony

KitchenFlat3.08 × 3.08 m

vinyl floor · stainless steel appl · backsplash

BathroomFlat1.56 × 3.17 m

4 pc bath · tile floor

Primary BedroomFlat3.23 × 3.23 m

vinyl floor · window · closet

Living RoomFlat3.99 × 3.08 m

vinyl floor · combined w/dining · w/o to balcony

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in Stonegate-Queensway · asking prices
$443kavg asking

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

Per square foot, these ask about $738/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
425kThis home410k389k423k550kThis home vs active comparables

Neighbourhood & location

Stonegate-Queensway, 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.

Markland Wood
$680K
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$724K
Waterfront Communities C1
$610K
Kensington-Chinatown
$585K

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
Also nearby: 12 more schools within 2.5 km
St Louis Catholic School · Catholic elementary0.8 km · 76% at standard
Etobicoke School of the Arts · Public secondary0.9 km · 80% at standard
George R Gauld Junior School · Public elementary1.0 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.1 km · 88% at standard
Norseman Junior Middle School · Public elementary1.2 km · 77% at standard
St Leo Catholic School · Catholic elementary1.6 km · 82% at standard
David Hornell Junior School · Public elementary1.8 km · 68% at standard
Park Lawn Junior and Middle School · Public elementary1.9 km · 71% at standard
John English Junior Middle School · Public elementary1.9 km · 73% at standard
St Mark Catholic School · Catholic elementary2.0 km · 59% at standard
Sunnylea Junior School · Public elementary2.0 km · 96% at standard
Étienne Brûlé Junior School · Public elementary2.1 km · 79% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$1,937/mo
$92KIncome needed
4.6×Price ÷ income
$447Weekly cost
$9,950Land transfer tax, one-time (Ontario + Toronto)
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 $1,937Property tax $161Condo fee $531Total carry $2,629

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,880per month

Mortgage amount $340,000 · 4.49% over 25 years

$85,000Down payment (20.0%)
$340,000Loan before insurance
$0CMHC premium
$2,572Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,880
Property tax
$161
Condo / maintenance fees
$531
Heating
$0
Estimated monthly cost
$2,572

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

One-time closing costs

Ontario land transfer tax
$4,975
Toronto municipal land transfer tax
$4,975
Estimated closing costs
$9,950

Plus your down payment of $85,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,275/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

$223,976Total interest paid
$563,976Total of all payments
Principal $340,000 Interest $223,976
YearPrincipalInterestBalance
1$7,587$14,972$332,413
2$7,932$14,627$324,481
3$8,292$14,267$316,189
4$8,668$13,891$307,520
5$9,062$13,497$298,458
6$9,474$13,086$288,985
7$9,904$12,655$279,081
8$10,353$12,206$268,728
9$10,823$11,736$257,904
10$11,315$11,244$246,590
11$11,829$10,730$234,761
12$12,366$10,193$222,395
13$12,927$9,632$209,468
14$13,514$9,045$195,954
15$14,128$8,431$181,827
16$14,769$7,790$167,058
17$15,440$7,119$151,618
18$16,141$6,418$135,477
19$16,873$5,686$118,604
20$17,640$4,919$100,964
21$18,441$4,118$82,524
22$19,278$3,281$63,246
23$20,153$2,406$43,093
24$21,068$1,491$22,025
25$22,025$534$0

At the end of your 5-year term

Total paid over the term
$112,795
Principal paid down
$41,542
Interest paid
$71,253
Balance remaining
$298,458

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$1,700/mo
$20,400Gross annual rent
2.2%Cap rate after taxes and upkeep

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.

4.8%
Gross yield
− Property tax $1,934− Condo fees $6,374− Insurance $600− Vacancy & upkeep $2,244Net operating income $9,248

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

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