689 The Queensway N/A Unit 330, Toronto W07

Price: $399,880

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: W13778826

Welcome to Suite 330 at the celebrated Reina Condos, one of the most talked-about buildings along The Queensway. This stunning 1-bedroom plus study offers 560 square feet of thoughtfully designed living space with a finish level that genuinely stops people in their tracks.The moment you walk in, the exposed concrete ceilings and sleek track lighting set the tone: this is a space with real character and an elevated design sensibility that you simply don't find at this price point. Warm hardwood floors run throughout, and the open-concept layout flows seamlessly from the living area through to a dedicated dining space, making the suite live far larger than its footprint.The kitchen is the true showstopper. Custom white flat-front cabinetry with matte black hardware, a breathtaking dramatic veined marble backsplash, fully integrated built-in appliances including an oven, induction cooktop, microwave, and refrigerator, and a sleek matte black faucet complete a space that looks like it belongs in a design magazine. An added pantry provides extra storage without compromising the clean, minimalist aesthetic. Every upgrade here was chosen with intention.The study adds meaningful flexibility for working from home, while the upgraded shower bar in the bathroom continues the same commitment to quality throughout. Parking is also included. The location along The Queensway puts you minutes from the waterfront, Sherway Gardens, excellent restaurants, transit, and quick access to the Gardiner and 427. Reina is the kind of building that earns its reputation with extensive amenities including: Yoga Studio, Gym, Kids Play Room, Library, Games Room, Community Room, Outdoor Oasis, Snack Shack, Hobby Room +More!

689 The Queensway N/A Unit 330 - Condo photo 1 of 15 in Corso Italia / Dufferin Grove, Ontario
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active
New Listing
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$399,880 - 689 The Queensway N/A Unit 330, Corso Italia

Condo for Sale in Corso Italia

New — Listed 7 days ago

Neighbourhood: Stonegate-Queensway

2Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
W13778826
Property Type
Condo
Status
active
Days on Site
7
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RARE REAL ESTATE
Description

Welcome to Suite 330 at the celebrated Reina Condos, one of the most talked-about buildings along The Queensway. This stunning 1-bedroom plus study offers 560 square feet of thoughtfully designed living space with a finish level that genuinely stops people in their tracks.The moment you walk in, the exposed concrete ceilings and sleek track lighting set the tone: this is a space with real character and an elevated design sensibility that you simply don't find at this price point. Warm hardwood floors run throughout, and the open-concept layout flows seamlessly from the living area through to a dedicated dining space, making the suite live far larger than its footprint.The kitchen is the true showstopper. Custom white flat-front cabinetry with matte black hardware, a breathtaking dramatic veined marble backsplash, fully integrated built-in appliances including an oven, induction cooktop, microwave, and refrigerator, and a sleek matte black faucet complete a space that looks like it belongs in a design magazine. An added pantry provides extra storage without compromising the clean, minimalist aesthetic. Every upgrade here was chosen with intention.The study adds meaningful flexibility for working from home, while the upgraded shower bar in the bathroom continues the same commitment to quality throughout. Parking is also included. The location along The Queensway puts you minutes from the waterfront, Sherway Gardens, excellent restaurants, transit, and quick access to the Gardiner and 427. Reina is the kind of building that earns its reputation with extensive amenities including: Yoga Studio, Gym, Kids Play Room, Library, Games Room, Community Room, Outdoor Oasis, Snack Shack, Hobby Room +More!

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Estimate your monthly payments for this property

Estimated Payment

$2,051.59/mo

Includes CMHC insurance ($11,157)

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5-yr fixed avg.

Principal: $359,892Interest: $244,429
Mortgage Amount$371,049
Total Interest$244,429
Est. Property Tax$283/mo
Total Cost$615,478

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 330, 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)
4.5%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,509

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 $800/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 Corso Italia'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. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 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 330 | $399,880 | Battaglia Team