1185 The Queensway N/A Unit 815, Toronto W08

Price: $685,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: W13712776

Experience Sophisticated Condo Living at IQ Condos in Stonegate-QueenswayWelcome to this beautifully updated corner suite offering a desirable split-bedroom layout and spectacular unobstructed views stretching across the north, east, and south skylines. A rare wraparound balcony provides the perfect setting to relax, entertain, and enjoy panoramic city vistas.Thoughtfully refreshed throughout, this move-in-ready home features newly painted rooms, contemporary LED lighting, and stylish luxury vinyl flooring with seamless transitions. Floor-to-ceiling windows flood the living and dining areas with natural light, while the walkouts create a seamless connection to the expansive outdoor space.At the heart of the home is the brand-new kitchen (2026), expertly designed with modern cabinetry, quartz countertops, premium finishes, and a spacious breakfast bar that is perfect for casual dining and entertaining guests.The spacious primary retreat offers breathtaking skyline views, a mirrored double closet, and a private ensuite bath. The second bedroom is equally inviting, providing generous space, ample storage, and peaceful north-facing views.Additional features include soaring 9-foot ceilings, a conveniently located premium parking space adjacent to the elevator, and a dedicated storage locker.Residents enjoy an exceptional collection of amenities, including an indoor pool, state-of-the-art fitness centre, sauna, rooftop BBQ terrace, rooftop lounge, landscaped gardens, car wash station, pet spa, guest suites, concierge service, and generous visitor parking.Families and pet owners will appreciate the nearby children's park, splash pad, and off-leash dog park, all just moments from the building.Ideally situated close to public transit, Sherway Gardens, schools, major highways, and Pearson International Airport, this location offers the perfect balance of urban convenience and community living.

1185 The Queensway N/A Unit 815 - Condo photo 1 of 32 in Etobicoke (Islington / Rexdale), Ontario
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$685,000 - 1185 The Queensway N/A Unit 815, Etobicoke

Condo for Sale in Etobicoke

42 days on market

Neighbourhood: Islington-City Centre West

2Beds
2Baths
700 - 1,099Sq Ft
Condo

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Property Details
MLS Number
W13712776
Property Type
Condo
Status
active
Days on Site
42
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Taxes (2026)
$2,831
Maintenance Fees
$817/mo
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Experience Sophisticated Condo Living at IQ Condos in Stonegate-QueenswayWelcome to this beautifully updated corner suite offering a desirable split-bedroom layout and spectacular unobstructed views stretching across the north, east, and south skylines. A rare wraparound balcony provides the perfect setting to relax, entertain, and enjoy panoramic city vistas.Thoughtfully refreshed throughout, this move-in-ready home features newly painted rooms, contemporary LED lighting, and stylish luxury vinyl flooring with seamless transitions. Floor-to-ceiling windows flood the living and dining areas with natural light, while the walkouts create a seamless connection to the expansive outdoor space.At the heart of the home is the brand-new kitchen (2026), expertly designed with modern cabinetry, quartz countertops, premium finishes, and a spacious breakfast bar that is perfect for casual dining and entertaining guests.The spacious primary retreat offers breathtaking skyline views, a mirrored double closet, and a private ensuite bath. The second bedroom is equally inviting, providing generous space, ample storage, and peaceful north-facing views.Additional features include soaring 9-foot ceilings, a conveniently located premium parking space adjacent to the elevator, and a dedicated storage locker.Residents enjoy an exceptional collection of amenities, including an indoor pool, state-of-the-art fitness centre, sauna, rooftop BBQ terrace, rooftop lounge, landscaped gardens, car wash station, pet spa, guest suites, concierge service, and generous visitor parking.Families and pet owners will appreciate the nearby children's park, splash pad, and off-leash dog park, all just moments from the building.Ideally situated close to public transit, Sherway Gardens, schools, major highways, and Pearson International Airport, this location offers the perfect balance of urban convenience and community living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,514.41/mo

Includes CMHC insurance ($19,112)

$
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5%10%50%

5-yr fixed avg.

Principal: $616,500Interest: $418,710
Mortgage Amount$635,612
Total Interest$418,710
Est. Property Tax$485/mo
Total Cost$1,054,322

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 815, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$817
Property Tax (est.)-$485
Insurance (est.)-$143
Net Cash Flow+$755

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

Fair Market Value

At $979/sqft, this property is priced in line with current Etobicoke market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 42 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 $817/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 700 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.

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.

Investment Perspective

Looking at this as an investment: Etobicoke properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,854 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1185 The Queensway N/A Unit 815 | $685,000 | Battaglia Team