1185 The Queensway Avenue Unit 208, Toronto W08

Price: $484,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13137816

Welcome to IQ Condos by Remington - a meticulously maintained 1+Den suite offering one of the most functional layouts in the building. Proudly owned by its second owner and never rented, this move-in-ready condo features a true den perfectly suited for a dedicated home office or flexible second living space. Bright and thoughtfully designed, the open-concept layout offers a modern kitchen with full-size appliances, breakfast bar, and newly updated washer, dryer, and microwave. The spacious living area extends to an oversized private balcony, creating additional outdoor living space rarely found in comparable units. Large windows provide excellent natural light throughout, while the generous bedroom offers great storage and comfort. Includes 1 parking space and 1 locker. Located in the heart of South Etobicoke just minutes to the QEW, Gardiner Expressway, Hwy 427, TTC transit, Longo's, restaurants, cafes, Sherway Gardens, and everyday essentials. An excellent opportunity for buyers looking for a move-in-ready condo with space, functionality, and exceptional value in a convenient Toronto location.

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$484,000 - 1185 The Queensway Avenue Unit 208, Etobicoke

Condo for Sale in Etobicoke

33 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13137816
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Etobicoke (Islington / Rexdale)
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
HOUSESIGMA INC.
Description

Welcome to IQ Condos by Remington - a meticulously maintained 1+Den suite offering one of the most functional layouts in the building. Proudly owned by its second owner and never rented, this move-in-ready condo features a true den perfectly suited for a dedicated home office or flexible second living space. Bright and thoughtfully designed, the open-concept layout offers a modern kitchen with full-size appliances, breakfast bar, and newly updated washer, dryer, and microwave. The spacious living area extends to an oversized private balcony, creating additional outdoor living space rarely found in comparable units. Large windows provide excellent natural light throughout, while the generous bedroom offers great storage and comfort. Includes 1 parking space and 1 locker. Located in the heart of South Etobicoke just minutes to the QEW, Gardiner Expressway, Hwy 427, TTC transit, Longo's, restaurants, cafes, Sherway Gardens, and everyday essentials. An excellent opportunity for buyers looking for a move-in-ready condo with space, functionality, and exceptional value in a convenient Toronto location.

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Estimate your monthly payments for this property

Estimated Payment

$2,483.17/mo

Includes CMHC insurance ($13,504)

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5-yr fixed avg.

Principal: $435,600Interest: $295,848
Mortgage Amount$449,104
Total Interest$295,848
Est. Property Tax$343/mo
Total Cost$744,951

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Etobicoke (Islington / Rexdale)

Discover Etobicoke (Islington / Rexdale)

Etobicoke (Islington / Rexdale) is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Etobicoke (Islington / Rexdale)

  • Convenient location in Etobicoke (Islington / Rexdale)
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Etobicoke (Islington / Rexdale) offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1185 The Queensway Avenue Unit 208, Etobicoke (Islington / Rexdale)

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$343
Insurance (est.)-$101
Net Cash Flow+$1,366

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $807/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 33 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1185 The Queensway Avenue Unit 208 | $484,000 | Battaglia Team