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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13723174For SaleCondominium

710-1040 The Queensway Ave

Islington-City Centre West, Toronto, Ontario M8Z 1P7

Map
1 / 9
710-1040 The Queensway Ave, Toronto, photo 1
Asking$730,000
Bedrooms
3
Bathrooms
2
Size
800–899sq ft
Per sq ft
$859at the range’s middle
Tax a year
$2,9932026 tax year
Built
6-10
Parking
22 underground
Days on market
Members

The brief

About 710-1040 The Queensway Ave

710-1040 The Queensway Ave is a 3-bedroom, 2-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $730,000 (MLS® W13723174).

Welcome To The Loggia On The Queensway! Beautifully Upgraded & Meticulously Maintained. This Stunning Three Bedroom, Two Bathroom Corner Unit With Spectacular Skyline Views. Walk-Outs To Beautiful Wrap Around Terrace. Gorgeous Granite In Kitchen Complimented By Stainless Steel Appliances And Back-Splash. Huge Windows In Master Bedroom With Ensuite & Walk-Out. In-Suite Laundry, Two Parking Spaces, Locker, Fantastic Building Amenities Including; Jacuzzi, Sauna, Exercise Room, 24 Hrs Security And Ample Visitor Parking. This Spacious 975 Sq Ft Suite With300 Sq. Ft Terrace Is An Entertainers Dream. Stainless Steel Appliances, Breakfast Bar, Easy Highway Access, Major Retailers And Quaint Shops.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,495/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 23 condos with 3 bedrooms 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
$2,993 / 2026
MLS® number
W13723174
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
6-10
Days on market
Size
800-899 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: HOMELIFE/GTA REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Multi-Level
Community
Islington-City Centre West
Municipality
Toronto

Building

Size
800-899 sqft
Building Age
6-10
Construction
Concrete

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
2 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
S/S Fridge, S/S Stove, S/S Dishwasher, S/S Hood , Washer And Dryer, Motorized Blinds, Elfs.
Condo maint.
$915

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 710-1040 The Queensway Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$730,000N/AFor SaleW13723174

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $146,000

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
$146,000
Total mortgage amount
$584,000
Total interest payment
$415,300
Total purchase cost
$1,145,300
Mortgage payment
$3,331/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

56%

Monthly carrying cost

$4,495
−$1,495per month
  • Rent $3,000
  • Shortfall $1,495

Rental income opens at $3,000, the median asking rent of 23 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
$11,075
Toronto municipal land transfer tax
$11,075
Total land transfer tax
$22,150
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$13,675
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 $730,000
$6,600
Ontario total
$11,075

Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,075.

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.

17 records · 10 on fileRead 2026-11-04
250 m500 m1 km2 kmBeyond · area-wideNot in Toronto and Region Conservation Authority’s mapped regulated areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 44,820 sq ft33 building permits issued within 250 m in the last 2 years2 open development applications within 250 mNearest airport: 8.0 kmNearest rail line: 620 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m3 facilities within 1 km report pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Toronto Hydro-Electric System LimitedWired internet 50/10 Mbps or faster is listed at a household 30 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

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 m13 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
  • 33 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 44,820 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: 620 m620 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 Reynolds Consumer Products Canada Inc. — Mississauga Plant, 680 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 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 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. 11,737
Outside By-law 569-2013

What 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

1 building permit cleared at this address in the City’s file.

  • Interior AlterationsInspection

    Interior alteration to unit 119 to create personal service shop (Business Office for personnal service advisor).

    Issued November 23, 2012

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

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.


    210 m away

  • 1049 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.


    240 m away

  • 933 THE QUEENSWAYCondominiumApplication Received

    Draft Plan of Condominium - 210 Units.


    320 m away

  • 1061 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.


    360 m away

  • 875 THE QUEENSWAYSite planApplication Received


    420 m away

  • 1230 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


    690 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

Middle half: $449K to $600K

New in 7 days
17

66 in 28 days

Price cuts
21%

34 listings

This home is asking 46% above the median, higher than three quarters of them.

See all homes in Islington-City Centre West

Asking 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

StationLinesDistance
Mimico GOGO Transit train: Lakeshore West1.7 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton2.2 km
Islington StationTTC subway: Line 2 Bloor-Danforth2.5 km
Royal York StationTTC subway: Line 2 Bloor-Danforth2.8 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth3.4 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

ElementaryTypeDistanceEQAO average 2024–25
Holy Angels Catholic SchoolToronto CDSBCatholic · grades JK–8600 m82%Grade 6 average
Castlebar Junior SchoolToronto DSBPublic · grades JK–5800 m82%Grade 3 average
Norseman Junior Middle SchoolToronto DSBPublic · grades JK–81.2 km85%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.6 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke School of the ArtsToronto DSBPublic · grades 9–121.3 km68%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion1.4 km81%Grade 9 math
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.5 km42%Grade 9 math
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.9 km69%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

Similar Active Listings

Recently sold nearby

Sold prices in Islington-City Centre West are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record