418-1195 THE QUEENSWAY, Toronto, ON
Islington-City Centre West, Toronto · MLS® W13575040
About this home
Exceptional Value At Tailor Condos! This Stylish And Thoughtfully Designed 1-Bedroom Suite Offers An Incredible Opportunity To Own In One Of Etobicoke's Most Convenient And Rapidly Growing Communities. Featuring A Bright Open-Concept Layout With Soaring 9-Foot Ceilings, Premium Vinyl Flooring, And Floor-To-Ceiling Windows, The Space Is Filled With Natural Light And Designed For Comfortable Everyday Living. The Contemporary Kitchen Is Beautifully Finished With Quartz Countertops, Stainless Steel Energy-Efficient Appliances, Sleek Cabinetry, And Generous Prep Space, Seamlessly Flowing Into The Living Area-Ideal For Entertaining Or Relaxing At Home. Step Through Double Sliding Doors Onto Your Private Fourth-Floor Balcony, The Perfect Place To Enjoy Your Morning Coffee Or Unwind After A Long Day. An Owned Locker Provides Valuable Additional Storage, Adding Even More Functionality To This Well-Designed Suite. Residents Enjoy Excellent Amenities Including A Fully Equipped Fitness Centre, Media Room, Party And Meeting Room, And Visitor Parking. Ideally Situated Just Steps From Public Transit With Quick Access To Kipling GO Station, Kipling Subway Station, The QEW, Highway 427, And Highway 401, Commuting Throughout The GTA Is Effortless. You'll Also Be Minutes From Sherway Gardens, IKEA, Costco, Starbucks, Parks, Restaurants, And Countless Everyday Conveniences.Whether You're A First-Time Buyer Looking To Break Into The Market, An Investor Seeking A Fantastic Opportunity, Or Someone Looking For Low-Maintenance Urban Living, This Condo Delivers Outstanding Value In An Unbeatable Location.
Key facts
- Property type
- Condo Apartment, Other
- MLS®
- W13575040
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 0-499
- Cross streets
- The Queensway/Kipling Ave
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Foundation
- Concrete
- Roof
- Flat
- Maintenance
- $392/mo
- Exposure
- North
- Property tax
- $2,003 / 2026
- Listing brokerage
- Rock Star Real Estate Inc., Brokerage
Rooms
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts 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 Zorra St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Open-concept layout: modern, sought-after flow.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesPrice per square foot vs the area average.
Neighbourhood & location
Islington-City Centre West, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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 Zorra St, about 25 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $311,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,665
- Property tax
- $167
- Condo / maintenance fees
- $392
- Heating
- $0
- Estimated monthly cost
- $2,223
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,324
- Toronto municipal land transfer tax
- $4,324
- Estimated closing costs
- $8,647
Plus your down payment of $77,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $99,871
- Principal paid down
- $39,723
- Interest paid
- $60,148
- Balance remaining
- $272,197
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Rock Star Real Estate Inc., Brokerage. MLS®/PropTx.