713-1050 The Queensway
Islington-City Centre West, Toronto, Ontario M8Z 1P7
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $908at the range’s middle
- Tax a year
- $1,9182026 tax year
- Built
- 16-30
- Parking
- 11 underground
- Days on market
- Members
The brief
About 713-1050 The Queensway
713-1050 The Queensway is a 1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $499,000 (MLS® W13820488).
Freshly renovated. Exceptionally located. Completely move-in ready. Welcome to this bright and spacious one-bedroom suite in an excellent Etobicoke location, offering a fully renovated kitchen, beautifully redesigned bathroom, and new flooring throughout. Floor-to-ceiling windows fill the space with natural light, while two walkouts lead to a generous 112 sq. ft. balcony with unobstructed north views. Stainless steel appliances, a functional layout, owned parking and a locker complete the package. Steps to transit, shopping, parks and restaurants, with easy highway access and a quick commute to Islington Subway Station or downtown Toronto. Enjoy an impressive collection of building amenities including concierge, gym, outdoor hot tub, sauna, party room, hydrotherapy pool and visitor parking. A turnkey suite in a connected Etobicoke setting - just move in and enjoy.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$797/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 26 condos with 1 bedroom for lease in Islington-City Centre West right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $1,918 / 2026
- MLS® number
- W13820488
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 16-30
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 16-30
- Construction
- Brick Veneer
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete Block
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Brand new flooring throughout! Bathroom and lighting renovated in 2024; Kitchen renovated in 2025. Included in purchase - fridge, stove, micro-hood, dishwasher, washer/dryer; existing light fixtures; existing window coverings; wall-mounted tv shelf; locker; 1 car parking.
- Condo maint.
- $585
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.29 × 5.26 m | Laminate, Combined W/Dining, W/O To Balcony | Flat |
| Dining | 3.29 × 5.26 m | Laminate, Combined W/Living | Flat |
| Kitchen | 2.99 × 3.2 m | Stainless Steel Appl, Centre Island, Renovated | Flat |
| Br | 5.11 × 2.73 m | B/I Closet, Mirrored Closet, W/O To Balcony | Flat |
Listing history
Buy/sell history for 713-1050 The Queensway, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $499,000 | N/A | For Sale | W13820488 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $99,800
- Total mortgage amount
- $399,200
- Total interest payment
- $283,900
- Total purchase cost
- $782,900
- Mortgage payment
- $2,277/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
48%Monthly carrying cost
$3,022- Rent $2,225
- Shortfall $797
Rental income opens at $2,225, the median asking rent of 26 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,455
- Toronto municipal land transfer tax
- $6,455
- Total land transfer tax
- $12,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $4,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $499,000
- $1,980
- Ontario total
- $6,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m22 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 48 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 8.0 km8 km
- Mapped parcel: about 29,040 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 610 m610 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 3 facilities within 1 km report pollutant releases to Environment CanadaThe nearest is Blanco Canada Inc., 640 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Etobicoke By-Law No. 11,737What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
12 building permits cleared at this address in the City’s file.
Fire DamageInspection
Repair fire damage to units 605, 606, 607 and 704, 705, 706.
Issued December 23, 2021
Building Permit Related(PS)Closed
Plumbing - Interior alterations to units 4 & 5 for a dental office within vacant space and new demising wall between units 3 & 4
Issued December 18, 2008
Building Permit Related(MS)Closed
HVAC - Phase 2 - Interior alterations - New demising wall, and partition walls.
Issued November 20, 2008
Building Permit Related(PS)Inspection
Plumbing - Phase 2 - Interior alterations - New demising wall, and partition walls.
Issued November 20, 2008
Building Permit Related(MS)Inspection
HVAC - Interior alterations to Units # 2 & 3, to create Mortgage Investment Office, to ground floor of Commercial/Residential Apartment Condominium Building.
Issued November 7, 2008
Building Permit Related(MS)Closed
PHASE I - Proposed new 10 storey residential condominium development (ground floor mixed use, residential & commercial, 9 floors residential) c/w 2 U/G parking garage levels
Issued March 30, 2006
Building Permit Related(PS)Inspection
PHASE I - Proposed new 10 storey residential condominium development (ground floor mixed use, residential & commercial, 9 floors residential) c/w 2 U/G parking garage levels
Issued March 30, 2006
Building Permit Related(PS)Inspection
PHASE II - Proposed new 10 storey residential condominium development (ground floor mixed use, residential & commercial, 9 floors residential)
Issued March 30, 2006
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
1045 THE QUEENSWAYSite planUnder Review
Site Plan Approval - Proposed development of a 12-storey mixed use building containing 321 dwelling units, 715 square metres of retail space at grade, and two levels of underground parking with a total of 214 parking spaces. There will be a total gross floor area of 23,005 square metres.
150 m away1049 THE QUEENSWAYSite planUnder Review
Site Plan Approval - Proposed development of a 12-storey mixed use building containing 321 dwelling units, 715 square metres of retail space at grade, and two levels of underground parking with a total of 214 parking spaces. There will be a total gross floor area of 23,005 square metres.
180 m away1061 THE QUEENSWAYOfficial plan or zoning amendmentOMB Appeal
Proposed amendments to the Official Plan and Etobicoke Zoning Code to permit the development of three residential apartments (26-, 34- and 43-storeys) on a 5-storey podium containing 1,166 residential units and approximately 505 square metres of retail gross floor area (GFA) at-grade. A total of 496 parking spaces are proposed within three levels of underground parking.
290 m away933 THE QUEENSWAYCondominiumApplication Received
Draft Plan of Condominium - 210 Units.
390 m away875 THE QUEENSWAYSite planApplication Received
490 m away1230 THE QUEENSWAYSite planUnder Review
The proposed redevelopment includes a 13-storey mixed-use building containing 175 purpose-built residential rental units with ground floor retail. The development proposes a total gross floor area of 13,341 square metres, consisting of 225 square metres of commercial retail area and 13,115 square metres of residential are
620 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Islington-City Centre West right now
- For sale now
- 163
- Median asking price
- $500K
- New in 7 days
- 17
- Price cuts
- 21%
Middle half: $449K to $600K
66 in 28 days
34 listings
This home is asking at the median.
See all homes in Islington-City Centre WestAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.7 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 2.2 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2.5 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Angels Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 600 m | 82%Grade 6 average |
| Castlebar Junior SchoolToronto DSB | Public · grades JK–5 | 850 m | 82%Grade 3 average |
| Norseman Junior Middle SchoolToronto DSB | Public · grades JK–8 | 1.2 km | 85%Grade 6 average |
| ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–8 | 1.6 km | 87%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Etobicoke School of the ArtsToronto DSB | Public · grades 9–12 | 1.4 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.5 km | 81%Grade 9 math |
| Lakeshore Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 2.4 km | 42%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 7 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Islington-City Centre West are shown to signed-in members.