418-1195 THE QUEENSWAY, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13868464

$379,900
For Sale
Listed 13 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • 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...
  • 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...

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®
W13868464
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
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
Days on market
13
Listing brokerage
Rock Star Real Estate Inc., Brokerage

Rooms

KitchenMain3.71 × 3.68 m
Living RoomMain3.71 × 3.68 m
BedroomMain2.74 × 3.07 m
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
$375kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $1,002/sqft; this home lists at $1,523/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
380kThis home400k330k379k375k390kThis 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
Dovercourt-Wallace Emerson-Junction
$640K
Niagara
$727K
Waterfront Communities C1
$625K

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
$1,731/mo
$82KIncome needed
4.6×Price ÷ income
$400Weekly cost
$8,347Land 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 $1,731Property tax $167Condo fee $392Total carry $2,290

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)
$1,680per month

Mortgage amount $303,920 · 4.49% over 25 years

$75,980Down payment (20.0%)
$303,920Loan before insurance
$0CMHC premium
$2,239Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,680
Property tax
$167
Condo / maintenance fees
$392
Heating
$0
Estimated monthly cost
$2,239

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

One-time closing costs

Ontario land transfer tax
$4,174
Toronto municipal land transfer tax
$4,174
Estimated closing costs
$8,347

Plus your down payment of $75,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,034/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

$200,208Total interest paid
$504,128Total of all payments
Principal $303,920 Interest $200,208
YearPrincipalInterestBalance
1$6,782$13,383$297,138
2$7,090$13,075$290,048
3$7,412$12,753$282,636
4$7,749$12,417$274,887
5$8,100$12,065$266,787
6$8,468$11,697$258,318
7$8,853$11,312$249,466
8$9,255$10,910$240,211
9$9,675$10,490$230,536
10$10,114$10,051$220,422
11$10,573$9,592$209,849
12$11,053$9,112$198,795
13$11,555$8,610$187,240
14$12,080$8,085$175,160
15$12,628$7,537$162,532
16$13,202$6,963$149,330
17$13,801$6,364$135,529
18$14,428$5,737$121,101
19$15,083$5,082$106,018
20$15,768$4,397$90,250
21$16,484$3,681$73,767
22$17,232$2,933$56,534
23$18,014$2,151$38,520
24$18,832$1,333$19,687
25$19,687$478$0

At the end of your 5-year term

Total paid over the term
$100,826
Principal paid down
$37,133
Interest paid
$63,692
Balance remaining
$266,787

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$2,300/mo
$27,600Gross annual rent
4.5%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.

7.3%
Gross yield
− Property tax $2,003− Condo fees $4,703− Insurance $600− Vacancy & upkeep $3,036Net operating income $17,258

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Rock Star Real Estate Inc., Brokerage. MLS®/PropTx.

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