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              #705 1185 The Queensway

              near Islington & The Queensway
              $399,900 1+0bdr • 1ba • 1kit • 500-599sf
              Average Income
              $39,104
              Population Age
              51 y/old
              School Score
              8.90/10
              Price Index Change 1y
              -2.08%
              Price Index Change 3y
              -1.26%
              Rent Index Change 1y
              -8.66%
              Rent Index Change 3y
              +0.97%

              Condo Apt • Apartment #705 • 7 Level

              #705 1185 The Queensway, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 1.0 Undergrnd
              • exposure W
              • age 6-10
              • locker Owned
              • possession

                30Days/Flexibl

              $399,900

              $1,691.17
              Tax yr: 2020

              $419.00/m

              CALCULATED NUMBERS:

              $1501.00

              calculator

              $1900

              4

              76 Very Walkable

              60 Good Transit

              72 Very Bikeable

              8.90/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • Islington & The Queensway

              • M8Z0C6

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              FOREST HILL REAL ESTATE INC., BROKERAGE

              Property Overview
              The Complete Package At Iq Condos! Fabulous 1 Bedroom Suite W/Spacious Balcony, Undrground Parking & Locker! Functional Open Concept Floor Plan. Modern Kitchen Feat. Stainless Steel Appliances, Granite Counters, Tile Backsplash, Undermount Lighting & Island W/Breakfast Bar. Sunfilled Unit W/Floor-To-Ceiling Windows Throughout. Well Managed Building. Convenient Location! Mins. To Gardiner/427, Public Transit, Grocery Stores, Sherway Gardens & All Amenities!
              Extras: Fully Equipped Gym, Rooftop Lounge W/Barbecues, Pool, Sauna, Visitor Prkg, Concierge & More! Incl: Stainless Steel Appliances: Fridge, Stove, Dishwasher, Microwave. Stacked Washer/Dryer. All Electric Light Fixtures, All Window Coverings.
              Property Features
              • Concierge
              • Gym
              • Indoor Pool
              • Party/Meeting Room
              • Rooftop Deck/Garden
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Building Insurance Included
              • Parking Included
              • Water Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Hydro Included
              • Family Room
              • Cable TV Included
              Rooms details
              Living
              • Flat Level
              • Hardwood Floor
              • Combined W/Dining
              • W/O To Balcony
              • Size 5.80x3.06
              Dining
              • Flat Level
              • Hardwood Floor
              • Combined W/Living
              • Open Concept
              • Size 5.80x3.06
              Kitchen
              • Flat Level
              • Hardwood Floor
              • Stainless Steel Appl
              • Centre Island
              • Size 3.47x3.23
              Br
              • Flat Level
              • Broadloom
              • Window
              • Closet
              • Size 3.06x3.69
              Basement
              • None
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              • Listing added to site: 2020-11-19 18:53:48
              • Last updated: 2020-11-20 00:38:39
              • Photos updated: 2020-11-19
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              705 1185 The Queensway is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near Islington & The Queensway, and has been available for sale on CondosDirect since 2020-11-19. This unit is located at level 7 of the building and has West exposure of The Queensway . Condo registry office is TSCP, corporation number 2422.

              Lot Size and Living Area:

              705 1185 The Queensway has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet. 1185 The Queensway building was built appriximately 6-10 years ago.
              1.0 parking space(s) are owned and located undergrnd at level Level A Unit 40 . The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also identified the following listing features: Open Concept.

              Price & Cost Overview

              General:

              705 1185 The Queensway condo apt is listed for $399,900. Property tax for year 2020 was $1,691. And the monthly maintenance fee was $419.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,501, and total expenses, including the mortgage, property tax and maintenance, fee around $1,677, assuming $399,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 705 1185 The Queensway, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Islington-City Centre West, where 1185 The Queensway is located, has $1,254,258 Home Price Index, and $2,712 Home Rent Index. Average household income at dissemination area of 1185 The Queensway is $39,104, and average polulation age is 51 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,059,641, and average Home Rent Index $2,569.

              Similar Properties & Community Details:

              There are similar to 705 1185 The Queensway 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 1185 The Queensway.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Islington-City Centre West neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 1185 The Queensway, or schools, which boundaries this address belongs to with an average School Score 8.90 out of 10. Here are more details about these schools:
              1. Norseman Junior Middle School (Grades JK-08), Public, Intermediate, ranked as Excellent.
              2. Etobicoke Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 76, 60, and 72 accordingly, location of 1185 The Queensway overall can be described as Very Walkable, Good Transit, and Very Bikeable.

              705 1185 The Queensway Listings History Powered by AIDA
              Stonegate-queensway, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (97 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 1 to 2 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 1 properties sold per month, and 14% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 4 days, which is 6 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing -3% D.O.M. decrease comparing to the average annual number, which is equvalent to 10 D.O.M., and -14% decrease comparing to the last six months indicating growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.67% above its asking price in Islington-City Centre West.
              The selling to asking price ratio is declining in Islington-City Centre West.
              This property has been on the market for less than average number of days it takes a home to sell in Islington-City Centre West (10) .
              705 1185 The Queensway Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Stonegate-queensway, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was -2.08% comparig to the City of Toronto average of +12.995%

              Price Index 3y

              Price Index change was -1.26% comparig to the City of Toronto average of +5.735%

              Rent Index 1y

              Rent Index change was -8.66% comparig to the City of Toronto average of +2.625%

              Rent Index 3y

              Rent Index change was -1.26% comparig to the City of Toronto average of +5.735%

              Walkscore

              Walkscore 76 out of 100 means Very Walkable

              Transitscore

              Transitscore 60 out of 100 means Good Transit

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 8.90 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

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