$2,388,000 - 600 The Queensway Toronto W7 Way, Corso Italia
Detached for Sale in Corso Italia
281 days on marketNeighbourhood: Stonegate-Queensway
- MLS Number
- W12548692
- Property Type
- Detached
- Status
- active
- Days on Site
- 281
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Lot Size
- 50 sqft
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Investors, Opportunity In Prime Location - Rent is Future Right On The Queensway! For an individual who is an investor, substantial income may be derived from Tenants. Development opportunity with great exposure, foot traffic and high visibility. Ideal for Builders, Retail store, Financial Office, dentist office, Architect, Insurance, Etc. Standalone Building With Plenty 6 Parking space. The property has been leased to Montessori school for over 20 years . The lease will be extended for an additional three years in the near future. Please refrain from entering the school premises directly, as we do not wish to cause any disturbance to the tenant or the children at the school. The property is for Sale not the business.
Estimate your monthly payments for this property
Estimated Payment
$10,562.93/mo
5-yr fixed avg.
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.
Discover Stonegate-Queensway
Stonegate-Queensway 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 Stonegate-Queensway
- •Convenient location in Corso Italia / Dufferin Grove
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Stonegate-Queensway 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.
600 The Queensway Toronto W7 Way, Corso Italia / Dufferin Grove
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $3411/sqft, this property is priced above the Corso Italia average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 281 days on site, this property has exceeded the typical selling timeline for Corso Italia. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
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 Stonegate-Queensway
I know Stonegate-Queensway 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: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,950 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.