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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 62 daysPrice drop · $20,000 off (-4.0%)

    Unit 704 — 1040 The Queensway

    Islington-City Centre West·Toronto, ON·M8Z 0A7·Near Islington Ave and The Queensway

    Toronto real estate›W13005450
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Fabulous Loggia Condominiums In An Excellent Location! Oversized One Bedroom, High Demand Open Concept Layout Facing Residential Area. Quiet Side Of The Building with Never-Ending Views! Close To Qew, Walk To Public Transit! Easy Commute Downtown + Pearson Airport. Close to Sherway Gardens, Restaurants, Cineplex Movie Theatre, Schools and More. This Updated One Bedroom One Bath Suite Includes One Parking and One Locker! Extra Wide Private Balcony Includes Two Walkouts. Great Value. Building Amenities Include Gym, Lap Pool, Sauna, Party Room, 24 Hr Security, and Visitor Parking. Click on the Virtual Tour Link for more photos. video and floor plan.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Oversized One Bedroom, High Demand Open Concept Layout Facing Residential Area.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 16, 2026Price reducedCurrentReduced$479,000−$20,000 (4.0%)W13005450This page
    Apr 16, 2026ListedCurrentFor sale$499,000 —W13005450This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      2
      Heating
      Forced Air
      Air conditioning
      Central Air
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 704 — 1040 The Queensway
    What's nearby

    Points of interest classified by the MLS® feed.

    • Clear View
    • Hospital
    • Library
    • Park
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $2,353
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $157
    0.39% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,091,652
      Last 30 days
    • Median sold price
      $859,864
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,736
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 704 — 1040 The Queensway — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 704 — 1040 The Queensway and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 704 — 1040 The Queensway listed for?

      Unit 704 — 1040 The Queensway is listed at $479,000 on the MLS® (listing W13005450). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 704 — 1040 The Queensway have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. 1 bed
  2. 1 bath
  3. 500-599 sqft
  4. Condo Apartment
  5. Built 16-30
  6. Asking
    $479,000
    $1 / sqft · MLS® W13005450
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $665,908
    $612,635Confidence range$719,180
    Asking vs estimate
    ↓below
    −$186,908
    (-28.1%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 1 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 62 days.

    Avg sold price
    $1,091,652
    Median sold
    $859,864
    Avg days on market
    28
    Recently sold
    6736
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    Close to Sherway Gardens, Restaurants, Cineplex Movie Theatre, Schools and More.
  8. This Updated One Bedroom One Bath Suite Includes One Parking and One Locker!
  9. Building Amenities Include Gym, Lap Pool, Sauna, Party Room, 24 Hr Security, and Visitor Parking.
  10. Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Underground
    Garage spaces
    1
    Parking spaces
    1
  11. Interior

    5
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    4
    Laundry level
    Main Level
  12. Exterior & construction

    4
    Exterior
    Concrete
    View
    City, Clear
    Patio
    Open
    Balcony
    Open
  13. Lot & land

    1
    Year built
    16-30
  14. Listing & possession

    3
    Occupancy
    Long Closing Preferred
    Property style
    Apartment
    Property class
    Condo Apartment
  15. Room-by-room · 6 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Flat level

    6 rooms
    • Dining Room
      laminate · combined w/living
      16.5 × 9.7 ft
    • Living Room
      laminate · combined w/dining · w/o to balcony
      16.5 × 9.7 ft
    • Primary Bedroom
      laminate · closet · w/o to balcony
      17.8 × 8.9 ft
    • Other
      Balcony
      19.7 × 6.0 ft
    • Kitchen
      laminate · breakfast bar · open concept
      12.0 × 9.7 ft
    • Foyer
      Ceramic Floor
      6.3 × 4.2 ft

    Condo corporation & monthly fees

    Maintenance fee, what's included, locker, exposure, amenities, and condo corp details.

    Monthly maintenance
    Condo corp fees
    $528
    per month
    Maintenance fee includes
    • Heat
    • Water
    • Parking
    Building details
    • Unit4
    • Storeys (building)7
    • ExposureNorth
    • LockerOwned
    • Parking typeUnderground
    • Pet policyYes-with Restrictions
    • Ensuite laundryY
    • Condo corpTSCC
    • Corp #1906
    • Property managerIcon Property Management - david@iconpm.ca
    Building amenities
    • Concierge
    • Exercise Room
    • Party Room/Meeting Room
    • Sauna
  16. Public Transit
  17. School
  18. Combined estimate
    $2,510
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $2,353
    /mo
    based on the purchase price of $479,000
    $95,800 cash
    $383,200 financed
    $322,755 total interest
    Monthly payment$2,353/ month
    Principal54%$383,200
    Interest46%$322,755

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax and condo fees.

    Comparable condo apartments that just sold in Toronto

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 88 Grangeway Avenue
      Sold
      Sign in for price
      88 Grangeway Avenue
      Condo Apartment
    • 75 Queenswharf Road
      Sold
      Sign in for price
      75 Queenswharf Road
      Condo Apartment
    • 135 Antibes Drive
      Sold
      Sign in for price
      135 Antibes Drive
      Condo Apartment
    • 40 Sylvan Valleyway
      Sold
      Sign in for price
      40 Sylvan Valleyway
      Condo Apartment
    • 1055 Bay Street
      Sold
      Sign in for price
      1055 Bay Street
      Condo Apartment
    • 155 Marlee Avenue
      Sold
      Sign in for price
      155 Marlee Avenue
      Condo Apartment
    AddressBd / BaSqftSold$/sqft% of askSold
    Unit 704 — 1040 The QueenswayThis home1 / 1500,599$479,000ask$1——
    88 Grangeway Avenue2 / 2800—
    75 Queenswharf Road1 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More condo apartments in Toronto

    Active listings within ±20% of this asking price.

    • 120 Dallimore Circle
      $418,000
      120 Dallimore Circle
      Condo Apartment 1 1
    • 31 Tippett Road
      $486,000
      31 Tippett Road
      Condo Apartment 1 2
    • 2 Gladstone Avenue
      $549,000
      2 Gladstone Avenue
      Condo Apartment 1 1
    • 5 Shady Golf Way
      $450,000
      5 Shady Golf Way
      Condo Apartment 3 2
    • 181 Sterling Road
      $538,000
      181 Sterling Road
      Condo Apartment 1 1
    • 125 Blue Jays Way
      $569,000
      125 Blue Jays Way
      Condo Apartment 1 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  19. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  20. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  21. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  22. Public listing courtesy of RE/MAX PROFESSIONALS INC. · displayed on Summitly per MLS® data-share rules

    Unit 704 — 1040 The Queensway is a 1-bedroom, 1-bath, 500-599 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  23. When was Unit 704 — 1040 The Queensway built?

    Unit 704 — 1040 The Queensway was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  24. What is the property tax for Unit 704 — 1040 The Queensway?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 704 — 1040 The Queensway plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  25. How much would the monthly mortgage be on Unit 704 — 1040 The Queensway?

    The affordability calculator on this page shows an estimated monthly mortgage for $479,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  26. Has Unit 704 — 1040 The Queensway been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 704 — 1040 The Queensway with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  27. What neighbourhood is Unit 704 — 1040 The Queensway in?

    Unit 704 — 1040 The Queensway is in Islington-City Centre West, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  28. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  29. 135 Antibes Drive
    2 / 2
    1,000
    —
    40 Sylvan Valleyway2 / 2900—
    1055 Bay Street1 / 1700—
    155 Marlee Avenue2 / 11,000—