960A The Queensway, Toronto, ON
Stonegate-Queensway, Toronto · MLS® W13685814
About this home
In short
- An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners...
- The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes.
- Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line...
- With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for...
ATTENTION INVESTORS! An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners alike. This building boasts three completely distinct entrances for the main-floor workspace, the upper residential suite, and the lower-level unit. Wake up every morning and walk downstairs (or upstairs) to work. The ground floor is currently outfitted as a hair salon with private powder room for customers. The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes. Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line appliances, en-suite laundry, and key safety features ready for legal apartment conversion. With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for immediate cash flow and strong long-term appreciation. Includes two professional shampoo stations/sinks that can remain for turn-key salon use or be removed upon request. Some photos have been virtually staged to show potential.
Key facts
- Property type
- Townhouse, 3-Storey
- MLS®
- W13685814
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 4 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 14.01 × 59.8 ft
- Cross streets
- Islington/Queensway
- Parking
- 1 garage · 2 parking (built-in)
- Basement
- Separate Entrance, Finished
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $5,218 / 2026
- Days on market
- 63
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
2 pc bath · double sink · access to garage
walk-in closet(s) · hardwood floor · large window
double closet · hardwood floor · large window
hardwood floor · open concept · pot lights
5 pc ensuite · walk-in closet(s) · combined w/laundry
gas fireplace · open concept · b/i shelves
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 readIts public catchment (Castlebar Junior School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
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 $781/sqft; this home lists at $751/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Stonegate-Queensway, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,351,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,471
- Property tax
- $435
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,906
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,255
- Toronto municipal land transfer tax
- $30,255
- Estimated closing costs
- $60,510
Plus your down payment of $337,800. 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
- $448,261
- Principal paid down
- $165,092
- Interest paid
- $283,169
- Balance remaining
- $1,186,108
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.