808-1185 The Queensway Way, Toronto, ON

Islington-City Centre West, Toronto · MLS® W13879264

$659,000
For Sale
Listed 10 days agoNo offer date stated
2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Sun-Filled Corner Suite W/ 2 Beds, 2 Baths & 799 Sq Ft.
  • Primary Bedroom W/ Ensuite & Mirrored Closet.
  • Corner 2nd Bedroom W/ Windows On 2 Sides.
  • Amenities Include Indoor Pool, Gym, Yoga Studio, Party Room & Rooftop Terrace W/ BBQs & Cabanas.
  • Mins To Gardiner, QEW, Hwy 427 & Sherway Gardens.

Sun-Filled Corner Suite W/ 2 Beds, 2 Baths & 799 Sq Ft! Floor-To-Ceiling Windows Throughout W/ Open Skyline Views. Large Wraparound Balcony W/ Walkout From Living Area. No Carpet Anywhere! Modern Kitchen W/ Granite Counters, Breakfast Bar & S/S Appliances. Open Dining Area Framed By Windows. Primary Bedroom W/ Ensuite & Mirrored Closet. Corner 2nd Bedroom W/ Windows On 2 Sides. Bath W/ Glass-Enclosed Shower. Entry Hall W/ Double Closets. Parking & Locker Included! Amenities Include Indoor Pool, Gym, Yoga Studio, Party Room & Rooftop Terrace W/ BBQs & Cabanas. Landscaped Courtyard W/ Circular Drop-Off. Retail At Your Doorstep. Steps To TTC, Shops & Dining On The Queensway. Mins To Gardiner, QEW, Hwy 427 & Sherway Gardens! Book a showing today! Do checkout the virtual tour.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13879264
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Kipling & The Queensway
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$817/mo
Exposure
North West
Property tax
$2,783 / 2025
Days on market
10
Listing brokerage
EXP REALTY

Rooms

Bedroom 2Main3.04 × 2.74 m

window floor to ceiling · carpet free

Living RoomMain6.01 × 3.35 m

combined w/dining · window floor to ceiling · w/o to balcony

Primary BedroomMain3.56 × 3.15 m

4 pc ensuite · window floor to ceiling · closet

KitchenMain2.83 × 2.31 m

b/i microwave · breakfast bar · stainless steel appl

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
$642kavg 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 $794/sqft; this home lists at $879/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
659kThis home639k665k600k675k630kThis 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: 9 more schools within 2.5 km
Norseman Junior Middle School · Public elementary1.5 km · 77% at standard
St Louis Catholic School · Catholic elementary1.7 km · 76% at standard
Etobicoke School of the Arts · Public secondary1.8 km · 80% at standard
George R Gauld Junior School · Public elementary1.9 km · 73% at standard
Bishop Allen Academy Catholic Secondary School · Catholic secondary1.9 km · 88% at standard
St Leo Catholic School · Catholic elementary2.2 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
John English Junior Middle School · Public elementary2.4 km · 73% at standard

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

Affordability & Mortgage

Affordability
$3,004/mo
$140KIncome needed
4.7×Price ÷ income
$693Weekly cost
$19,310Land 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.

74%mortgage
Mortgage $3,004Property tax $232Condo fee $817Total carry $4,052

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)
$2,915per month

Mortgage amount $527,200 · 4.49% over 25 years

$131,800Down payment (20.0%)
$527,200Loan before insurance
$0CMHC premium
$3,964Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,915
Property tax
$232
Condo / maintenance fees
$817
Heating
$0
Estimated monthly cost
$3,964

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

One-time closing costs

Ontario land transfer tax
$9,655
Toronto municipal land transfer tax
$9,655
Estimated closing costs
$19,310

Plus your down payment of $131,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,528/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

$347,294Total interest paid
$874,494Total of all payments
Principal $527,200 Interest $347,294
YearPrincipalInterestBalance
1$11,765$23,215$515,435
2$12,299$22,681$503,136
3$12,857$22,122$490,279
4$13,441$21,539$476,837
5$14,052$20,928$462,786
6$14,690$20,290$448,096
7$15,356$19,623$432,740
8$16,054$18,926$416,686
9$16,783$18,197$399,904
10$17,545$17,435$382,359
11$18,341$16,639$364,018
12$19,174$15,806$344,844
13$20,045$14,935$324,799
14$20,955$14,025$303,844
15$21,906$13,074$281,938
16$22,901$12,079$259,038
17$23,941$11,039$235,097
18$25,027$9,952$210,070
19$26,164$8,816$183,906
20$27,352$7,628$156,554
21$28,594$6,386$127,960
22$29,892$5,088$98,068
23$31,249$3,731$66,819
24$32,668$2,312$34,151
25$34,151$829$0

At the end of your 5-year term

Total paid over the term
$174,899
Principal paid down
$64,414
Interest paid
$110,485
Balance remaining
$462,786

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$2,400/mo
$28,800Gross annual rent
1.9%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.

4.4%
Gross yield
− Property tax $2,783− Condo fees $9,799− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,450

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

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