$529,990 - 859 The Queensway N/A Unit 502, Corso Italia
Condo for Sale in Corso Italia
New — Listed 2 days ago- MLS Number
- W13215482
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Locker
- None
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
REBATE ELIGIBLE! Welcome to Unit 502 - a beautifully designed southeast-facing suite offering stunning views of Lake Ontario and the iconic CN Tower. This bright and functional layout is flooded with natural light through expansive windows, creating a warm and inviting atmosphere throughout the home. The open-concept living and dining area seamlessly flows into the modern kitchen, making the space ideal for both entertaining and everyday living. The spacious bedroom provides comfort and privacy, while the versatile flex space offers the perfect setup for a home office, guest area, or additional storage. One of the most impressive features of Unit 502 is the expansive 290 sq. ft. terrace - an incredible extension of the living space and a rare find in condo living. Whether you're enjoying your morning coffee, hosting friends, or taking in the breathtaking southeast lake and skyline views, this outdoor retreat truly elevates the lifestyle this suite offers. Combining thoughtful design, exceptional outdoor space, and spectacular views, Unit 502 is the perfect blend of urban convenience and waterfront living.
Estimate your monthly payments for this property
Estimated Payment
$2,719.12/mo
Includes CMHC insurance ($14,787)
5-yr fixed avg.
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.
Discover Corso Italia / Dufferin Grove
Corso Italia / Dufferin Grove 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 Corso Italia / Dufferin Grove
- •Convenient location in Corso Italia / Dufferin Grove
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Corso Italia / Dufferin Grove 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.
859 The Queensway N/A Unit 502, Corso Italia / Dufferin Grove
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1060/sqft, this property is priced in line with current Corso Italia market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 500 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.
Investment Perspective
Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,208 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.