406-1195 The Queensway, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13861442

$414,900
For Sale
Listed 14 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Welcome To Urban Living At Its Finest At The Tailor On The Queensway.
  • This Stylish 1 Bedroom + Den Suite Offers One Of The Most Functional Layouts The Building Has To Offer, With 541 Sq Ft Of Smart, Well-Planned Living Space.
  • This Building Is Also Loaded With Amenities Including 24 Hour Concierge, Fitness Centre, Library Lounce, Rooftop Gardens, And Costco, Plus Quick Access To The...
  • Steps To Senator Marian Maloney Park And The Zorra Dog Park For Sunny Days Outdoors.

Welcome To Urban Living At Its Finest At The Tailor On The Queensway! This Stylish 1 Bedroom + Den Suite Offers One Of The Most Functional Layouts The Building Has To Offer, With 541 Sq Ft Of Smart, Well-Planned Living Space. The Separate Private Den Comes With Its Own Door, Perfect As A Home Office, Guest Room, Or Cozy Relaxation Area. Large Floor-To-Ceiling Windows Flood The Unit With Natural Light, And Tall Ceilings Create A Bright, Airy Feel Throughout. Step Out Onto The Open Balcony To Enjoy Your Morning Coffee. This Building Is Also Loaded With Amenities Including 24 Hour Concierge, Fitness Centre, Library Lounce, Rooftop Gardens, And Costco, Plus Quick Access To The Gardiner & Highway 427. Steps To Senator Marian Maloney Park And The Zorra Dog Park For Sunny Days Outdoors. Perfect For Young Professionals Or Couples Looking For Affordable Maintenance In A Great Building. Don't Miss Out!

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13861442
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
500-599 sq ft
Cross streets
Kipling & The Queensway
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$418/mo
Exposure
North
Property tax
$2,248 / 2026
Days on market
14
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Rooms

Living RoomMain2.57 × 3.07 m

combined w/dining · w/o to balcony · laminate

DenMain2.33 × 1.62 m

separate room · laminate

BedroomMain3.07 × 2.94 m

large window · large closet · laminate

Dining RoomMain3.31 × 3.07 m

combined w/living · stainless steel appl · laminate

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 Islington-City Centre West · asking prices
$436kavg 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 $769/sqft; this home lists at $755/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
415kThis home399k449k450k460k420kThis home vs active comparables

Neighbourhood & location

Islington-City Centre West, 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
Little Portugal
$549K
Niagara
$727K
Waterfront Communities C1
$682K
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 · 1.2 km awayAbove the GTA average · 82% meet the provincial standard
Also nearby: 8 more schools within 2.5 km
Norseman Junior Middle School · Public elementary1.5 km · 77% at standard
St Louis Catholic School · Catholic elementary1.8 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.8 km · 80% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.9 km · 88% at standard
George R Gauld Junior School · Public elementary1.9 km · 73% at standard
St Leo Catholic School · Catholic elementary2.3 km · 82% at standard
Lakeshore Collegiate Institute · Public secondary2.3 km · 58% at standard
Lanor Junior Middle School · Public elementary2.3 km · 79% at standard

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

Affordability & Mortgage

Affordability
$1,891/mo
$90KIncome needed
4.6×Price ÷ income
$436Weekly cost
$9,546Land 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.

76%mortgage
Mortgage $1,891Property tax $187Condo fee $418Total carry $2,497

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 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,835per month

Mortgage amount $331,920 · 4.49% over 25 years

$82,980Down payment (20.0%)
$331,920Loan before insurance
$0CMHC premium
$2,441Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,835
Property tax
$187
Condo / maintenance fees
$418
Heating
$0
Estimated monthly cost
$2,441

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

One-time closing costs

Ontario land transfer tax
$4,773
Toronto municipal land transfer tax
$4,773
Estimated closing costs
$9,546

Plus your down payment of $82,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,221/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

$218,653Total interest paid
$550,573Total of all payments
Principal $331,920 Interest $218,653
YearPrincipalInterestBalance
1$7,407$14,616$324,513
2$7,743$14,280$316,770
3$8,095$13,928$308,675
4$8,462$13,560$300,212
5$8,847$13,176$291,366
6$9,248$12,775$282,117
7$9,668$12,355$272,449
8$10,107$11,916$262,342
9$10,566$11,457$251,775
10$11,046$10,977$240,729
11$11,547$10,475$229,182
12$12,072$9,951$217,110
13$12,620$9,403$204,490
14$13,193$8,830$191,298
15$13,792$8,231$177,506
16$14,418$7,605$163,088
17$15,073$6,950$148,015
18$15,757$6,266$132,258
19$16,473$5,550$115,785
20$17,220$4,802$98,565
21$18,002$4,021$80,563
22$18,820$3,203$61,743
23$19,674$2,349$42,069
24$20,567$1,455$21,501
25$21,501$522$0

At the end of your 5-year term

Total paid over the term
$110,115
Principal paid down
$40,554
Interest paid
$69,560
Balance remaining
$291,366

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
2.5%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.

4.9%
Gross yield
− Property tax $2,248− Condo fees $5,019− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,289

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

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