689 The Queensway N/A Unit 321, Toronto W07

Price: $499,900

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13766374

NEW AND IMPROVED PRICE ADJUSTMENT! Welcome home to this 675 sqft 1 bed + den residence in Etobicoke's newest boutique landmark, Reina Condos - recently featured in the Globe and Mail for its thoughtful, livability-focused design. As the largest one-bedroom floorplan in the building, this thoughtfully laid out unit boasts a bright, open living area with floor-to-ceiling windows, upgraded semi-sheer blinds for pivacy, and extensive space for entertaining and relaxing. The versatile den features a sliding door providing a private retreat for a home office or second bedroom. At the heart of the home is a chef-inspired cooktop. The custom-built island with solid wood counters and seating offers flexible counter space for cooking and entertaining while providng significant additional under-counter storage. The primary bedroom showcases tranqulity and elegance with blackout blinds and a custom walk-in closet with ample storage and in-closet lighting opening directly into a private en-suite washroom finished in floor-to-ceiling marble tile with a full-size stacked washer/dryer. An at-grade parking permit is available with the unit, along with below-grade visitor parking for guests. Reina is an ownership-driven building offering a true sense of comminuty anchored by a great fitness centre along with a kids' play area, yoga rooom, outdoor barbeque, pet wash, and a stylish party room. Located on the The Queensway you're steps from iconic spots like San Remo Bakery and Tom's Dairy Freeze, with Mimico Go, Royal York TTC Station, and the Gardiner nearby. Experience modern, community-happy, expansive living at Reina Condos.

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active

$499,900 - 689 The Queensway N/A Unit 321, Corso Italia

Condo for Sale in Corso Italia

Popular Listing

Neighbourhood: Stonegate-Queensway

2Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
W13766374
Property Type
Condo
Status
active
Days on Site
11
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
ROYAL LEPAGE RCR REALTY
Description

NEW AND IMPROVED PRICE ADJUSTMENT! Welcome home to this 675 sqft 1 bed + den residence in Etobicoke's newest boutique landmark, Reina Condos - recently featured in the Globe and Mail for its thoughtful, livability-focused design. As the largest one-bedroom floorplan in the building, this thoughtfully laid out unit boasts a bright, open living area with floor-to-ceiling windows, upgraded semi-sheer blinds for pivacy, and extensive space for entertaining and relaxing. The versatile den features a sliding door providing a private retreat for a home office or second bedroom. At the heart of the home is a chef-inspired cooktop. The custom-built island with solid wood counters and seating offers flexible counter space for cooking and entertaining while providng significant additional under-counter storage. The primary bedroom showcases tranqulity and elegance with blackout blinds and a custom walk-in closet with ample storage and in-closet lighting opening directly into a private en-suite washroom finished in floor-to-ceiling marble tile with a full-size stacked washer/dryer. An at-grade parking permit is available with the unit, along with below-grade visitor parking for guests. Reina is an ownership-driven building offering a true sense of comminuty anchored by a great fitness centre along with a kids' play area, yoga rooom, outdoor barbeque, pet wash, and a stylish party room. Located on the The Queensway you're steps from iconic spots like San Remo Bakery and Tom's Dairy Freeze, with Mimico Go, Royal York TTC Station, and the Gardiner nearby. Experience modern, community-happy, expansive living at Reina Condos.

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Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

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5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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: Stonegate-Queensway

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

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

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.

70
Walk Score
Varies
Price Range

689 The Queensway N/A Unit 321, Corso Italia / Dufferin Grove

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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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$354
Insurance (est.)-$104
Net Cash Flow+$1,352

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 $833/sqft, this property is priced in line with current Corso Italia 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.

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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    689 The Queensway N/A Unit 321 | $499,900 | Battaglia Team