1185 The Queensway N/A Unit 504, Toronto W08

Price: $695,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: W14032404

Looking for a bright unit with lots of natural light in all rooms? Check. Looking for an efficient layout and updated kitchen? Check. Want 2 bedrooms and a dedicated den/workspace? Check! You have to see this place! Tens of thousands spent on upgrades to the kitchen and the floors. Kitchen renovation included custom backsplash, breakfast bar, new appliances, luxury grade millwork, AGT cabinets, luxury series sink, and more! All flooring replaced in 2023 with high-end luxury vinyl. New cabinetry installed in den in 2026 with awning style, push to open hardware making a functional work-from-home space. It is hard not to appreciate the upgraded showerheads in both washrooms. You will love the 9-foot ceilings with loads of natural light from your sunny, southwest exposure. Spacious bedrooms give plenty of room for your bed and other bedroom furniture. You will appreciate the split-bedroom layout too! Ideally situated close to freeways, transit, shopping like IKEA and Sherway Gardens, Costco, restaurants, and more! Comes with parking and locker and is the perfect place for you to call home.

1185 The Queensway N/A Unit 504 - Condo photo 1 of 34 in Etobicoke (Islington / Rexdale), Ontario
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active
New Listing

$695,000 - 1185 The Queensway N/A Unit 504, Etobicoke

Condo for Sale in Etobicoke

New — Listed yesterday

Neighbourhood: Islington-City Centre West

3Beds
2Baths
900Sq Ft
Condo

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Property Details
MLS Number
W14032404
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$3,054
Maintenance Fees
$893/mo
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TERREQUITY PRINCIPLED REALTY
Description

Looking for a bright unit with lots of natural light in all rooms? Check. Looking for an efficient layout and updated kitchen? Check. Want 2 bedrooms and a dedicated den/workspace? Check! You have to see this place! Tens of thousands spent on upgrades to the kitchen and the floors. Kitchen renovation included custom backsplash, breakfast bar, new appliances, luxury grade millwork, AGT cabinets, luxury series sink, and more! All flooring replaced in 2023 with high-end luxury vinyl. New cabinetry installed in den in 2026 with awning style, push to open hardware making a functional work-from-home space. It is hard not to appreciate the upgraded showerheads in both washrooms. You will love the 9-foot ceilings with loads of natural light from your sunny, southwest exposure. Spacious bedrooms give plenty of room for your bed and other bedroom furniture. You will appreciate the split-bedroom layout too! Ideally situated close to freeways, transit, shopping like IKEA and Sherway Gardens, Costco, restaurants, and more! Comes with parking and locker and is the perfect place for you to call home.

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Estimate your monthly payments for this property

Estimated Payment

$3,565.71/mo

Includes CMHC insurance ($19,391)

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5%10%50%

5-yr fixed avg.

Principal: $625,500Interest: $424,823
Mortgage Amount$644,891
Total Interest$424,823
Est. Property Tax$492/mo
Total Cost$1,069,713

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Islington-City Centre West

Discover Islington-City Centre West

Islington-City Centre West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Islington-City Centre West

  • •Convenient location in Etobicoke (Islington / Rexdale)
  • •Access to local shops and dining
  • •Good public transit connections
  • •Community parks and green spaces
  • •Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • •MiWay bus routes throughout the area
  • •GO Transit stations within driving distance
  • •Easy highway access to 401/403/QEW
  • •Walking distance to local amenities

Parks & Amenities

  • •Local parks and recreational facilities
  • •Community centres
  • •Shopping plazas nearby
  • •Restaurants and cafes

Lifestyle & Community

Islington-City Centre West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1185 The Queensway N/A Unit 504, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$893
Property Tax (est.)-$492
Insurance (est.)-$145
Net Cash Flow+$1,150

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $772/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Etobicoke's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $893/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Islington-City Centre West

I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1185 The Queensway N/A Unit 504 | $695,000 | Battaglia Team