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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® W13435110For SaleCondominium

605-859 The Queensway

Stonegate-Queensway, Toronto, Ontario M8Z 1N8

Map
1 / 20
605-859 The Queensway, Toronto, photo 1
Asking$425,000
Bedrooms
1
Bathrooms
1
Size
500–599sq ft
Per sq ft
$773at the range’s middle
Tax a year
$1,9342026 tax year
Parking
0none
Days on market
Members

The brief

About 605-859 The Queensway

605-859 The Queensway is a 1-bedroom, 1-bathroom condo in Stonegate-Queensway, Toronto, listed for sale at an asking price of $425,000 (MLS® W13435110).

Welcome to Suite 605 at 859 The Queensway. Modern Urban Living in the Heart of South Etobicoke! Experience stylish condo living in one of Toronto's most vibrant and rapidly growing neighbourhoods. This beautifully designed suite offers a bright, open-concept layout with contemporary finishes, floor-to-ceiling windows, and a spacious balcony that extends your living space outdoors. The modern kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and ample storage, seamlessly flowing into the living and dining areas, perfect for everyday living and entertaining. The thoughtfully designed bedroom provides comfort and privacy, while the functional layout maximizes every square foot. Enjoy the convenience of in-suite laundry, locker, and access to exceptional building amenities designed to complement your lifestyle. Residents enjoy a full range of premium amenities including a state-of-the-art fitness centre, yoga studio, stylish lounges, party room, outdoor terraces with BBQ areas, visitor parking, concierge service, and more. Ideally located on The Queensway, this address places you steps from cafés, restaurants, grocery stores, parks, and everyday conveniences. Enjoy quick access to the QEW, Highway 427, Gardiner Expressway, TTC transit, Mimico GO Station, Sherway Gardens, Costco, and downtown Toronto. Whether you're a first-time buyer, investor, or professional seeking a vibrant urban lifestyle, this location delivers unmatched convenience and connectivity. Discover the perfect blend of comfort, style, and location in this sought-after boutique condominium community. Don't miss your opportunity to own in one of Etobicoke's most desirable neighbourhoods! Modern living. Exceptional convenience. A place you'll be proud to call home.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

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

  • Cashflow Quality

    Shortfall

    −$806/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 12 homes with 1 bedroom for lease in Stonegate-Queensway 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
$1,934 / 2026
MLS® number
W13435110
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
500-599 sqft
Listed on
Parking
None, 0 Parking
Listing brokerage: HOMELIFE/MIRACLE REALTY LTDData 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
Apartment
Community
Stonegate-Queensway
Municipality
Toronto

Building

Size
500-599 sqft
Construction
Brick

Inside

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

Parking

Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Additional

Foundation
Poured Concrete
Roof
Asphalt Shingle
Fireplace
No
Den
No
Family room
No
Extras
S/S Stove, Fridge, Dishwasher, Microwave, White Washer/Dryer
Condo maint.
$531

Rooms

RoomSizeFeaturesLevel
Living3.08 × 3.99 mVinyl Floor, Combined W/Dining, W/O To BalconyFlat
Dining3.08 × 3.99 mVinyl Floor, Combined W/Living, W/O To BalconyFlat
Kitchen3.08 × 3.08 mVinyl Floor, Stainless Steel Appl, BacksplashFlat
Primary3.23 × 3.23 mVinyl Floor, Window, ClosetFlat
Bathroom3.17 × 1.56 m4 Pc Bath, Tile FloorFlat

Listing history

Buy/sell history for 605-859 The Queensway, 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$425,000N/AFor SaleW13435110

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $85,000

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
$85,000
Total mortgage amount
$340,000
Total interest payment
$241,700
Total purchase cost
$666,700
Mortgage payment
$1,939/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

53%

Monthly carrying cost

$2,631
−$806per month
  • Rent $1,825
  • Shortfall $806

Rental income opens at $1,825, the median asking rent of 12 comparable homes for lease in Stonegate-Queensway. 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
$4,975
Toronto municipal land transfer tax
$4,975
Total land transfer tax
$9,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$1,475
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 $425,000
$500
Ontario total
$4,975

Toronto’s municipal tax uses the same brackets at this price, so it adds another $4,975.

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.

19 records · 12 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 mGroundwater recorded about 3.7 m below ground nearbyBedrock about 2.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasMapped parcel: about 34,400 sq ft63 building permits issued within 250 m in the last 2 years2 open development applications within 250 mNearest airport: 8.3 kmNearest rail line: 880 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 m1 facility within 1 km reports 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 50 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation5

  • 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 m68 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 3.7 m below ground nearbyThe middle water level in the well records within 500 m (125 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 2.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 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
  • 63 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: 8.3 km8.3 km
  • Mapped parcel: about 34,400 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: 880 m880 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
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Reynolds Consumer Products Canada Inc. — Mississauga Plant, 860 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 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 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

13 building permits cleared at this address in the City’s file.

  • SprinklersClosed

    Proposal for Sprinklers - Re this project consists of designing and installing an overhead wet sprinkler system at the first floor in an 11 storey existing building and a dry system to protect a new exterior mezzanine. The starting point for installation is the existing fire pump header. OBC Classification Group D. Reference BLD permit: 24 224274 BLD 00 BA

    Issued June 19, 2025

  • Sign Building Permit RelatedClosed

    1 overhanging structure sign**Grifols Plasma Dontation Centre**

    Issued May 12, 2025

  • Building Permit Related(MS)Closed

    HVAC - Renovation of the vacant suite to provide a new plasma donation clinic as outlined in the drawings c/w new mechanical, electrical and structural.

    Issued March 17, 2025

  • Building Permit Related(PS)Closed

    Plumbing - Renovation of the vacant suite to provide a new plasma donation clinic as outlined in the drawings c/w new mechanical, electrical and structural.

    Issued January 16, 2025

  • Interior AlterationsClosed

    Renovation of the vacant suite to provide a new plasma donation clinic as outlined in the drawings c/w new mechanical, electrical and structural.

    Issued November 18, 2024

  • New BuildingClosed

    Conditional Permit - Proposal to construct a new 11 storey mixed use building with 187 residential units, ground floor retail and 2 levels of below grade parking. See also BA18- 263150 stand alone shoring SA, 20 208250 WNP, 20 211651 SWO.

    Issued December 21, 2022

  • Building Permit Related(PS)Closed

    Plumbing - Proposal to construct a new 11 storey mixed use building with 187 residential units, ground floor retail and 2 levels of below grade parking. See also 18 263150 SA, 20 208250 WNP, 20 211651 SWO.

    Issued December 14, 2021

  • Building Permit Related (DR)Closed

    Drain - Proposal to construct a new 11 storey mixed use building with 187 residential units, ground floor retail and 2 levels of below grade parking. See also 18 263150 SA, 20 208250 WNP, 20 211651 SWO.

    Issued December 6, 2021

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.

  • 875 THE QUEENSWAYSite planApplication Received


    60 m away

  • 933 THE QUEENSWAYCondominiumApplication Received

    Draft Plan of Condominium - 210 Units.


    160 m away

  • 15 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    570 m away

  • 5 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    590 m away

  • 10 QUEEN ELIZABETH BLVDOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    600 m away

  • 3 SINCLAIR STOfficial plan or zoning amendmentOMB Appeal

    Proposal for a mixed-use development consisting of three buildings on two parcels


    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 Stonegate-Queensway right now

For sale now
26
Median asking price
$607K

Middle half: $504K to $840K

New in 7 days
4

12 in 28 days

Price cuts
19%

5 listings

This home is asking 30% below the median, lower than three quarters of them.

See all homes in Stonegate-Queensway

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 West1.3 km
Kipling StationTTC subway: Line 2 Bloor-DanforthGO Transit train: Milton2.5 km
Islington StationTTC subway: Line 2 Bloor-Danforth2.6 km
Royal York StationTTC subway: Line 2 Bloor-Danforth2.7 km
Old Mill StationTTC subway: Line 2 Bloor-Danforth3.1 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–8750 m82%Grade 6 average
Castlebar Junior SchoolToronto DSBPublic · grades JK–5750 m82%Grade 3 average
St Louis Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion800 m75%Grade 6 average
ÉÉC Sainte-Marguerite-d'YouvilleConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–81.3 km87%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Etobicoke School of the ArtsToronto DSBPublic · grades 9–12900 m68%Grade 9 math
Bishop Allen Academy Catholic Secondary SchoolToronto CDSBCatholic · grades 9–12 · French Immersion1.1 km81%Grade 9 math
Lakeshore Collegiate InstituteToronto DSBPublic · grades 9–12 · French Immersion2.6 km42%Grade 9 math
ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–126.4 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 Stonegate-Queensway are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record