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              #528 1185 The Queensway Way

              near The Queensway/Islington
              $519,000 1+1bdr • 1ba • 1kit • 600-699sf
              Average Income
              $63,616
              Population Age
              42 y/old
              School Score
              8.90/10
              Price Index Change 1y
              +7.12%
              Price Index Change 3y
              +14.72%
              Rent Index Change 1y
              -0.04%
              Rent Index Change 3y
              +17.61%

              Condo Apt • Apartment #528 • 5 Level

              #528 1185 The Queensway Way, Islington-City Centre West, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 600-699
              • garage 1.0 Undergrnd
              • exposure S
              • age 0-5
              • locker Owned
              • possession

                Immediate/ Tba

              $519,000

              $2,003.31
              Tax yr: 2020

              $494.85/m

              CALCULATED NUMBERS:

              $1947.00

              calculator

              $1979

              3

              70 Very Walkable

              57 Good Transit

              55 Bikeable

              8.90/10

              Location Details
              • Toronto

              • Toronto

              • Islington-City Centre West

              • The Queensway/Islington

              • M8Z0C6

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

              RE/MAX WEST REALTY INC., BROKERAGE

              Property Overview
              Rarely Offered Exceptionally Maintained Modern 1Br+Den (Can Be 2Br)Large Condo 677 Sq Ft Plus South Facing Balcony 10' Ceilings Open Concept Of Natural Light Large Kitchen With Island Granite Counter Plus Upgrades Engineered Hardwood Floors.Only 8 Units In The Entire Building With This Unique Layout,Being 5th Flr With No Unit Above Very Quiet.Pets Allowed.Min To Sherway Gardens Ikea 5 Minute To Subway,427/ Gardener/Qew 10 Min To Airport 10 Min To Downtown.
              Extras: 24/7Security Concierge Massive Rooftop Terrace W/Dining&Lounge Area+Bbq,Pool W/Hot Tub&Sauna,Gym,Yoga Studio,Party Rm,Guest Suites,Underground Visitor Parking(Free)All Existing S/Steel Appliances L/R Window Covering Included. *Pets Allowed
              Video tour available. Click to watch.
              Rooms details
              Living
              • Main Level
              • Combined W/Dining
              • Open Concept
              • W/O To Balcony
              • Size 18.20x10.00
              Dining
              • Main Level
              • Combined W/Living
              • Open Concept
              • W/O To Balcony
              • Size 18.20x10.00
              Kitchen
              • Main Level
              • Open Concept
              • Stainless Steel Appl
              • W/O To Balcony
              • Size 14.10x6.10
              Br
              • Main Level
              • Large Closet
              • Large Window
              • Size 12.03x9.40
              Den
              • Main Level
              • Open Concept
              • Size 8.10x5.11
              Basement
              • None
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              • Listing added to site: 2020-10-16 10:11:56
              • Last updated: 2020-10-23 11:25:58
              • Photos updated: 2020-10-17
              • Contract date: 2020-10-16
              • Input date: 2020-10-16
              • Expiry date: 2020-12-31
              • 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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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              528 1185 The Queensway Way is a condo apt apartment, located in Islington-City Centre West of city of Toronto, Toronto region, near The Queensway/Islington, and has been available for sale on CondosDirect since 2020-10-16. This unit is located at level 5 of the building and has South exposure of The Queensway Way. Condo registry office is TSCC, corporation number 2422.

              Lot Size and Living Area:

              528 1185 The Queensway Way has 4+1 rooms in total, including 1+1 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 600-699 square feet. 1185 The Queensway Way building was built appriximately 0-5 years ago.
              1.0 parking space(s) are owned and located undergrnd at level P2 . The locker is owned. An ensuite laundry is available at the unit.

              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 found the following features: Open Concept, AIDA Recommended, and possible sellers motivation indicators such as Listing Ad says Motivated Seller, Flexible Possession.

              Price & Cost Overview

              General:

              528 1185 The Queensway Way condo apt is listed for $519,000. Property tax for year 2020 was $2,003. And the monthly maintenance fee was $495.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $550,085.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $1,947, and total expenses, including the mortgage, property tax and maintenance, fee around $2,155, assuming $519,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 528 1185 The Queensway Way, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Islington-City Centre West, where 1185 The Queensway Way is located, has $754,446 Home Price Index, and $2,311 Home Rent Index. Average household income at dissemination area of 1185 The Queensway Way is $63,616, and average polulation age is 42 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,110, and average Home Rent Index $2,582.

              Similar Properties & Community Details:

              There are similar to 528 1185 The Queensway Way 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 Way.
              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 Way, 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 70, 57, and 55 accordingly, location of 1185 The Queensway Way overall can be described as Very Walkable, Good Transit, and Bikeable.

              528 1185 The Queensway Way Listings History Powered by AIDA
              Islington-city Centre West, 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 (103 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 44 to 54 properties like that to be sold in Islington-City Centre West during the next 30 days.
              Seasonal sales fluctuation is showing 30% inventory increase comparing to the average annual number, which is equvalent to 37.42 properties sold per month, and 25% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 7 days, which is 8 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 -6% D.O.M. decrease comparing to the average annual number, which is equvalent to 16 D.O.M., and -9% decrease comparing to the last six months indicating slightly growing demand for this type of properties within this price range.
              At what price can it be sold?
              Similar properties currently sell very close to its asking price in Islington-City Centre West.
              The selling to asking price ratio is growing 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 (15.2) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS W4955952 Comparative Market Analysis
              528 1185 The Queensway Way Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Islington-city Centre West, 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 +7.12% comparig to the City of Toronto average of +6.3%

              Price Index 3y

              Price Index change was +14.72% comparig to the City of Toronto average of +6.945%

              Rent Index 1y

              Rent Index change was -0.04% comparig to the City of Toronto average of +3.44%

              Rent Index 3y

              Rent Index change was +14.72% comparig to the City of Toronto average of +6.945%

              Walkscore

              Walkscore 70 out of 100 means Very Walkable

              Transitscore

              Transitscore 57 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

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              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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