580 The Queensway is a land in Toronto, listed for $1,950,000.
1Development potential already in motion.
2Located minutes from downtownToronto, the Gardiner Expressway, Mimico GO Station, TTC transit, waterfront amenities, and major employment centres, the propertybenefits from exceptional connectivity and enduring demand.
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Lots & Land in Toronto
About 580 The Queensway
Development potential already in motion. Much of the groundwork has already been completed, with extensiveengineering, environmental, grading, servicing, and design studies in place, providing a clear pathway toward future development. Occupyinga prominent 74.64 x 96.16 ft. parcel in the highly sought after Park Lawn & Queensway corridor, this is more than a development site; it's anopportunity to participate in the ongoing transformation of one of Toronto's most desirable urban markets. Located minutes from downtownToronto, the Gardiner Expressway, Mimico GO Station, TTC transit, waterfront amenities, and major employment centres, the propertybenefits from exceptional connectivity and enduring demand. With future density potential and continued investment reshaping thesurrounding neighbourhood, this offering represents a compelling opportunity to create lasting value in a location defined by growth,convenience, and vision. A rare opportunity for developers, builders, and investors to secure a strategic foothold in one of the GTA's mostdynamic urban corridors.
Toronto land priced at $1,950,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 580 The Queensway
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
580 The Queensway Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13876576$1,950,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 580 The Queensway Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$9,580
/mo
based on the purchase price of $1,950,000
$390,000 cash
$1,560,000 financed
$1,313,929 total interest
Principal54%$1,560,000
Interest46%$1,313,929
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from PropTx 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 PropTx 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 PropTx, 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 3-bed homes for sale in Toronto around $1.9M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4915.5%On average, homes sold at or above asking.
Active listings12,514Homes for sale here right now.
Median vs prior 90 days+3.5%Compared with Apr 11 – Jul 10, 2026: prices up.
Based on 9,654 sales from Jul 10 – Oct 8, 2026 (6,498 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
580 The Queensway is listed at $1,950,000 (MLS® W13876576). Summitly updates the price as soon as the MLS® record changes.
Has the price of 580 The Queensway changed?
No — 580 The Queensway is still listed at its original asking price of $1,950,000.
How many bedrooms and bathrooms does 580 The Queensway have?
The listing for 580 The Queensway doesn't publish its bedroom and bathroom count. It is a lot in Toronto.
Is 580 The Queensway close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.3 km (about a 17-minute walk) in a straight line. Old Mill Station is about 2.4 km, and Jane Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 580 The Queensway?
About $9,580 a month — principal and interest on $1,950,000 with 20% down ($390,000), 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 580 The Queensway compare with other homes in Toronto?
Its asking price of $1,950,000 is about 130% above the median sold price in Toronto over the last 90 days, $849,000, across 9,654 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 580 The Queensway been sold before?
Summitly has no earlier MLS® sale or lease of 580 The Queensway on record from the last two years. Older records aren't shown under TRREB rules.
Where is 580 The Queensway?
580 The Queensway is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 580 The Queensway been on the market?
580 The Queensway was listed today (October 8, 2026).
What is the lot size of 580 The Queensway?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 580 The Queensway?
About $70,950 at the asking price of $1,950,000: $35,475 Ontario land transfer tax plus $35,475 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 580 The Queensway or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.