Looking for a bright unit with lots of natural light in all rooms? Check. Looking for an efficient layout and updated kitchen? Check. Want 2 bedrooms and a dedicated den/workspace? Check! You have to see this place! Tens of thousands spent on upgrades to the kitchen and the floors. Kitchen renovation included custom backsplash, breakfast bar, new appliances, luxury grade millwork, AGT cabinets, luxury series sink, and more! All flooring replaced in 2023 with high-end luxury vinyl. New cabinetry installed in den in 2026 with awning style, push to open hardware making a functional work-from-home space. It is hard not to appreciate the upgraded showerheads in both washrooms. You will love the 9-foot ceilings with loads of natural light from your sunny, southwest exposure. Spacious bedrooms give plenty of room for your bed and other bedroom furniture. You will appreciate the split-bedroom layout too! Ideally situated close to freeways, transit, shopping like IKEA and Sherway Gardens, Costco, restaurants, and more! Comes with parking and locker and is the perfect place for you to call home.
2 bedrooms, 2 bathrooms, about 900 sq ft, works out to roughly $772 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1185 The Queensway #504
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
900-999 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1185 The Queensway #504 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14032404$695,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1185 The Queensway #504 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,414
/mo
based on the purchase price of $695,000
$139,000 cash
$556,000 financed
$468,298 total interest
Principal54%$556,000
Interest46%$468,298
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $695K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4976.6%On average, homes sold at or above asking.
Active listings12,607Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,533 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 1 for rent at 1185 The Queensway — plus its sale and lease history.
1185 The Queensway #504 is listed at $695,000 (MLS® W14032404). Summitly updates the price as soon as the MLS® record changes.
Is $695,000 a good price for 1185 The Queensway #504?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1185 The Queensway #504 changed?
No — 1185 The Queensway #504 is still listed at its original asking price of $695,000.
How many bedrooms and bathrooms does 1185 The Queensway #504 have?
1185 The Queensway #504 has 2 bedrooms and 2 bathrooms, with about 900–999 square feet of living space. It is a condo in Toronto.
Is 1185 The Queensway #504 close to transit?
The nearest rapid-transit station is Kipling Station (Line 2, Milton GO), about 2.0 km (about a 25-minute walk) in a straight line. Mimico GO Station is about 2.1 km, and Islington Station is about 2.6 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1185 The Queensway #504?
About $3,414 a month — principal and interest on $695,000 with 20% down ($139,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1185 The Queensway #504 compare with other homes in Toronto?
Its asking price of $695,000 is about 18% below the median sold price in Toronto over the last 90 days, $849,000, across 9,533 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1185 The Queensway #504 been sold before?
Summitly has no earlier MLS® sale or lease of 1185 The Queensway #504 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1185 The Queensway #504?
1185 The Queensway #504 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1185 The Queensway #504 been on the market?
1185 The Queensway #504 was listed today (October 14, 2026).
What is the price per square foot of 1185 The Queensway #504?
About $696 to $772 per square foot: the asking price of $695,000 over the 900–999 sq ft the listing gives as its size range.
Does 1185 The Queensway #504 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
