960A The Queensway N/A, Toronto W07

Price: $1,689,000

4 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: W13685814

ATTENTION INVESTORS! An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners alike. This building boasts three completely distinct entrances for the main-floor workspace, the upper residential suite, and the lower-level unit. Wake up every morning and walk downstairs (or upstairs) to work. The ground floor is currently outfitted as a hair salon with private powder room for customers. The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes. Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line appliances, en-suite laundry, and key safety features ready for legal apartment conversion. With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for immediate cash flow and strong long-term appreciation. Includes two professional shampoo stations/sinks that can remain for turn-key salon use or be removed upon request. Some photos have been virtually staged to show potential.

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New Listing
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$1,689,000 - 960A The Queensway N/A, Corso Italia

Townhouse for Sale in Corso Italia

New — Listed 6 days ago

Neighbourhood: Stonegate-Queensway

4Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
W13685814
Property Type
Townhouse
Status
active
Days on Site
6
Bedrooms
4
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Corso Italia / Dufferin Grove
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Description

ATTENTION INVESTORS! An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners alike. This building boasts three completely distinct entrances for the main-floor workspace, the upper residential suite, and the lower-level unit. Wake up every morning and walk downstairs (or upstairs) to work. The ground floor is currently outfitted as a hair salon with private powder room for customers. The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes. Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line appliances, en-suite laundry, and key safety features ready for legal apartment conversion. With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for immediate cash flow and strong long-term appreciation. Includes two professional shampoo stations/sinks that can remain for turn-key salon use or be removed upon request. Some photos have been virtually staged to show potential.

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Estimate your monthly payments for this property

Estimated Payment

$7,471.02/mo

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5-yr fixed avg.

Principal: $1,351,200Interest: $890,105
Mortgage Amount$1,351,200
Total Interest$890,105
Est. Property Tax$1,196/mo
Total Cost$2,241,305

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

960A The Queensway N/A, Corso Italia / Dufferin Grove

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,380/mo
Range: $2,873 - $3,887
Cap Rate (ROI)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,380
Maintenance Fees-$0
Property Tax (est.)-$1,196
Insurance (est.)-$352
Net Cash Flow+$1,832

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 $845/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.

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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Corso Italia have shown strong appreciation as families seek more space.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Corso Italia. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    960A The Queensway N/A | $1,689,000 | Battaglia Team