602-103 The Queensway, Toronto, ON

High Park-Swansea, Toronto · MLS® W13757634

$545,000
For Sale
Listed 14 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Lake views, southeast exposure and a fresh modern renovation-this one checks all the boxes.
  • The bright open-concept kitchen, living and dining areas create an inviting space for entertaining, relaxing or simply enjoying those incredible views.
  • NXT residents enjoy resort-inspired amenities including indoor and outdoor pools, a fully equipped fitness centre, tennis court, party and meeting rooms, and 24-hour...
  • Renovated, move-in ready and perfectly positioned for city living with a view-this is the one you've been waiting for.

Lake views, southeast exposure and a fresh modern renovation-this one checks all the boxes! Welcome to this beautifully updated 1-bedroom + den suite at NXT Condos, where floor-to-ceiling windows showcase breathtaking views of Lake Ontario and fill the space with natural light. Move right in and enjoy brand-new flooring, a completely updated kitchen with new stainless steel appliances, refreshed bathroom with new vanity and flooring, and elegant wooden interior doors throughout. The versatile den is a standout feature, complete with a full door for added privacy-ideal as a home office, guest room or second bedroom. The bright open-concept kitchen, living and dining areas create an inviting space for entertaining, relaxing or simply enjoying those incredible views. And the lifestyle doesn't stop at your front door! NXT residents enjoy resort-inspired amenities including indoor and outdoor pools, a fully equipped fitness centre, tennis court, party and meeting rooms, and 24-hour concierge. All of this just minutes from High Park, the waterfront, trails, transit, major roadways, shopping, dining and downtown Toronto. Renovated, move-in ready and perfectly positioned for city living with a view-this is the one you've been waiting for!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13757634
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
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
14
Listing brokerage
SUTTON GROUP OLD MILL REALTY INC.

Rooms

Dining RoomFlat0.00 × 0.00 m

combined w/kitchen · overlooks living · laminate

Primary BedroomFlat0.00 × 0.00 m

window floor to ceiling · double closet

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

Our TakeTeam Asgarian · Broker
A small discount is typical
$528Klikely sale price

Listed at $545,000. Going by how homes in High Park-Swansea and the wider GTA have actually closed against their asking prices (about 97%, 31 local closings in 90 days), the likely sale price is near $528K, if it sells. A realistic range is $498K to $572K.

Independent value check: $507K. Without looking at the asking price, our model values the home itself about 7% below the ask (homes like it typically land between $471K and $532K).

Why $507K. The typical condo sold in High Park-Swansea over the past year went for about $616K (122 sales). What sets this one apart:

  • ▼ Lowers it1+1 bedrooms and 1 baths, against 2+1 and 2 typically.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $2,571 a year; the typical home sold here pays about $3,200.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers itIt is 700 to 799 sq ft; the typical home sold here is 900 to 999.
List price
$498KBelow recent closings$572KAbove recent closings

Total price vs nearby homes. Likely closing about $528K, from 31 recent closings in this pocket.

The market behind the math:

31sold nearby · 90 days
$568Kmedian sold price
96%of asking, on average
−14%prices vs a year ago
~21 dayshomes like this take to sell
14days on market so far
$2,475/moest. rent · 48 leases
5.4%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 28 condo apartment homes for sale in the area against 31 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $727/sqft against an area asking average of $811/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 31 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $518K. Condition and finishes remain an in-person call.

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 ($727/sqft) is below the area, so you are paying for extra space rather than a premium.

Based on 33 homes sold in this building over the past two years, from 242 closings in High Park-Swansea.

What sellers nearby are askingCurrently listed nearby in High Park-Swansea · asking prices
$529kavg 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 $706/sqft; this home lists at $727/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
545kThis home550k569k515k513k499kThis home vs active comparables

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
$800K
Dovercourt-Wallace Emerson-Junction
$1.39M
Niagara
$559K
Waterfront Communities C1
$624K
Forest Hill South
$1.56M

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
Also nearby: 12 more schools within 2.5 km
Étienne Brûlé Junior School · Public elementary1.6 km · 79% at standard
St Mark Catholic School · Catholic elementary1.6 km · 59% at standard
Garden Avenue Junior Public School · Public elementary1.9 km · 91% at standard
Howard Junior Public School · Public elementary2.1 km · 76% at standard
Park Lawn Junior and Middle School · Public elementary2.1 km · 71% at standard
St Vincent de Paul Catholic School · Catholic elementary2.1 km · 83% at standard
Fern Avenue Junior and Senior Public School · Public elementary2.2 km · 75% at standard
Runnymede Junior and Senior Public School · Public elementary2.2 km · 92% at standard
The Student School · Public secondary2.3 km
Ursula Franklin Academy · Public secondary2.3 km · 92% at standard
Western Technical & Commercial School · Public secondary2.3 km · 68% at standard
David Hornell Junior School · Public elementary2.4 km · 68% at standard

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

Affordability & Mortgage

Affordability
$2,484/mo
$118KIncome needed
4.6×Price ÷ income
$573Weekly cost
$14,750Land 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.

73%mortgage
Mortgage $2,484Property tax $214Condo fee $695Total carry $3,393

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%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,387per month

Mortgage amount $436,000 · 4.39% over 25 years

$109,000Down payment (20.0%)
$436,000Loan before insurance
$0CMHC premium
$3,296Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,387
Property tax
$214
Condo / maintenance fees
$695
Heating
$0
Estimated monthly cost
$3,296

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

One-time closing costs

Ontario land transfer tax
$7,375
Toronto municipal land transfer tax
$7,375
Estimated closing costs
$14,750

Plus your down payment of $109,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$2,891/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

$279,965Total interest paid
$715,965Total of all payments
Principal $436,000 Interest $279,965
YearPrincipalInterestBalance
1$9,866$18,772$426,134
2$10,304$18,335$415,830
3$10,761$17,877$405,069
4$11,239$17,400$393,830
5$11,738$16,901$382,092
6$12,259$16,380$369,833
7$12,803$15,836$357,030
8$13,371$15,268$343,659
9$13,964$14,674$329,695
10$14,584$14,054$315,111
11$15,231$13,407$299,879
12$15,907$12,731$283,972
13$16,613$12,025$267,359
14$17,351$11,288$250,008
15$18,121$10,518$231,887
16$18,925$9,714$212,962
17$19,765$8,874$193,197
18$20,642$7,996$172,555
19$21,558$7,080$150,997
20$22,515$6,124$128,481
21$23,514$5,124$104,967
22$24,558$4,081$80,409
23$25,648$2,991$54,761
24$26,786$1,852$27,975
25$27,975$664$0

At the end of your 5-year term

Total paid over the term
$143,193
Principal paid down
$53,908
Interest paid
$89,285
Balance remaining
$382,092

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
From 48 whole-home leases in High Park-Swansea$2,475/mo
$29,700Gross annual rent
2.7%Cap rate after taxes and upkeep
$2,351 to $2,599Typical rent range
~21 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 48 whole-home leases in High Park-Swansea signed at a median of $2,363 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,475. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.4%
Gross yield
− Property tax $2,571− Condo fees $8,343− Insurance $600− Vacancy & upkeep $3,267Net operating income $14,919

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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