For SaleCondo Apt · ApartmentMLS® #W14156994 · TRREB MLS®
323-1007 The Queensway, Toronto, Ontario
Islington-City Centre West, Toronto, Ontario M8Z 0H4
- Bedrooms
- 1+1
- Bathrooms
- 1
- Type
- Condo Apt
- Basement
- None
$499,000
Estimated market value
About 323-1007 The Queensway
323-1007 The Queensway is a 1+1-bedroom, 1-bathroom condo in Islington-City Centre West, Toronto, listed for sale at an asking price of $499,000 (MLS® W14156994).
Brand New Luxury 1 + 1 Condo- Stylish, Spacious & Steps from Everything! Move into this bright, modern 648 sqft 1 + 1 bedroom condo that perfectly blends luxury, comfort, and convenience. Every inch of this stunning home is designed for stylish living- from the soaring 9-foot ceilings to the smart, open-concept layout that makes the space both beautiful and functional. Spacious Primary Bedroom- comfortably fits a king-size bed, features a large closet. Versatile Den- large enough to be used as a second bedroom or an expansive home office. second bedroom or an expansive home office.Resort Style Bathrooms- perfect for hosting. Private Balcony- no neighbouring balconies for added privacy. Parking + Same-Floor Locker- enjoy the convenience of having your locker right by your unit! Building Amenities That Impress: Stay active and entertained with a state-of-the-art gym & yoga studio, party room, outdoor terrace with BBQs, kids' playroom, golf simulator, co-working / content creation lounge, and cocktail lounge. Unbeatable Location: Just steps from Sherway Gardens, Costco, IKEA, top restaurants, and entertainment like Cineplex. Quick access to Highway 427, Gardiner Expressway, and public transit at your doorstep make commuting a breeze. BONUS: Internet & Cable Included! Don't miss your chance to live in a new condo that has it all- luxury finishes, incredible amenities, and a location that can't be beat. Pictures are Virtually Staged.
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$477/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 89 condos with 2 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.
Key facts
- Tax
- $2,882 / 2025
- MLS® number
- W14156994
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Listing history
Buy/sell history for 323-1007 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 | W14156994 |
Members see the full history. Prices are hidden from signed-out visitors.
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 Domin Kurian for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Islington-City Centre West
- Municipality
- Toronto
Building
- Size
- 600-699 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 1+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
- Fireplace
- No
- Den
- No
- Family room
- No
- Condo maint.
- $560
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Kitchen | 3.13 × 3.02 m | — | Main |
| Dining | 3.13 × 3.02 m | — | Main |
| Living | 3.13 × 3.28 m | — | Main |
| Br | 2.84 × 2.82 m | — | Main |
| Den | 3.02 × 2.44 m | — | Main |
Map and tour
Condos for sale in Islington-City Centre West right now
- For sale now
- 160
- Median asking price
- $502K
- New in 7 days
- 19
- Price cuts
- 20%
Middle half: $449K to $600K
63 in 28 days
32 listings
This home is asking 1% below 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.
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.
240 m away933 THE QUEENSWAYCondominiumApplication Received
Draft Plan of Condominium - 210 Units.
270 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.
280 m away875 THE QUEENSWAYSite planApplication Received
370 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.
390 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
730 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.
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.
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.
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 m14 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
- 23 building permits issued within 250 m in the last 2 years250 m
- 1 open development application within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 8.1 km8.1 km
- Mapped parcel: about 141,510 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: 680 m680 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, 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.
Permit history
11 building permits cleared at this address in the City’s file.
Interior AlterationsNot Started
Proposal to repair fire separation walls at corridors damaged by water from level 5 to 8
Applied November 2, 2026
Building Permit Related(PS)Revision Issued
REV01: Revised LayoutPlumbing - Proposal for a mixed use residential building.
Issued April 17, 2025
Building Permit Related(MS)Revision Issued
REV 01: Revised layout.HVAC - Proposal for a mixed use residential building.
Issued April 17, 2025
Inside and Outside DrainsClosed
Conditional Permit - Drain - Proposal for a mixed use residential building.
Issued October 24, 2024
Alternative SolutionApproved
The correspondence has been prepared as an Alternative Solution Proposal as specifically requested by the City of Toronto in the past, as notwithstanding recent clarification changes to the OBC with respect to smoke dampers in ducts and air-transfer openings in residential public corridors as noted in Sentences 3.2.6.2.(5.1) and 3.1.8.8A.(2), the project is subject to the requirements of the 2012 Ontario Building Code (OBC, O.Reg. 332/12 as amended to O.Reg. 762/20, i.e., Code of Record), based on the date of permit application. Since the application for the Building Permit of the project, an amended Building Code Regulation has been issued and come into force. OBC, O.Reg. 30/23 specifically addresses the subject matter of the permission to waive smoke dampers in certain locations in OBC Sentence 3.1.8.8A.(2), and the revised language clarifies the intent that the branch ducts of make-up air systems penetrating the public corridor fire separation can apply the waiver permitted in Subclause 3.1.8.8A.(2)(a)(iii), as the revised wording adds a specific reference to OBC Sentence 3.2.6.2.(5.1), applicable to the public corridor make-up air system configuration of the project. It is important to note that no other related OBC requirements were altered in the amendment by O.Reg. 30/23 (several requirements related to demountable stages and support structures were added).
Completed August 1, 2024
New BuildingClosed
Conditional Permit - Proposal for a mixed use residential building containing 341 unit with retail at grade and 2 levels of below grade parking.
Issued June 4, 2024
Alternative SolutionApproved
Alternative solution for installing fire standpipe riser in exit stairwell in lieu of fire hose cabinets related to 21 250847
Completed May 2, 2024
Partial Permit - Structural FramingCancelled
Conditional Permit - Part Permit - Proposal for a mixed use residential building containing 341 unit with retail at grade and 2 levels of below grade parking.
Issued February 14, 2024
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Holy Angels Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 650 m | 82%Grade 6 average |
| Castlebar Junior SchoolToronto DSB | Public · grades JK–5 | 850 m | 82%Grade 3 average |
| St Louis Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 1.2 km | 75%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 | 1.3 km | 68%Grade 9 math |
| Bishop Allen Academy Catholic Secondary SchoolToronto CDSB | Catholic · grades 9–12 · French Immersion | 1.4 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 | 6.9 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.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mimico GO | GO Transit train: Lakeshore West | 1.6 km |
| Kipling Station | TTC subway: Line 2 Bloor-DanforthGO Transit train: Milton | 2.3 km |
| Islington Station | TTC subway: Line 2 Bloor-Danforth | 2.6 km |
| Royal York Station | TTC subway: Line 2 Bloor-Danforth | 2.8 km |
| Old Mill Station | TTC subway: Line 2 Bloor-Danforth | 3.4 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.
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.
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.
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
37%Monthly carrying cost
$3,077- Rent $2,600
- Shortfall $477
Rental income opens at $2,600, the median asking rent of 89 comparable homes for lease in Islington-City Centre West. Type over it with the rent you expect. This is a planning tool, not advice.
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