689 The Queensway #321 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $499,900. It has 600-699 sq ft of living space.
1NEW AND Improved price adjustment!
2The versatile den features a sliding door providing a private retreat for a home office or second bedroom.
3The custom-built island with solid wood counters and seating offers flexible counter space for cooking and entertaining while providng significant additional under-counter storage.
NEW AND Improved price adjustment! Welcome home to this 675 sqft 1 bed + den residence in Etobicoke's newest boutique landmark, Reina Condos - recently featured in the Globe and Mail for its thoughtful, livability-focused design. As the largest one-bedroom floorplan in the building, this thoughtfully laid out unit boasts a bright, open living area with floor-to-ceiling windows, upgraded semi-sheer blinds for pivacy, and extensive space for entertaining and relaxing. The versatile den features a sliding door providing a private retreat for a home office or second bedroom. At the heart of the home is a chef-inspired cooktop. The custom-built island with solid wood counters and seating offers flexible counter space for cooking and entertaining while providng significant additional under-counter storage. The primary bedroom showcases tranqulity and elegance with blackout blinds and a custom walk-in closet with ample storage and in-closet lighting opening directly into a private en-suite washroom finished in floor-to-ceiling marble tile with a full-size stacked washer/dryer. An at-grade parking permit is available with the unit, along with below-grade visitor parking for guests. Reina is an ownership-driven building offering a true sense of comminuty anchored by a great fitness centre along with a kids' play area, yoga rooom, outdoor barbeque, pet wash, and a stylish party room. Located on the The Queensway you're steps from iconic spots like San Remo Bakery and Tom's Dairy Freeze, with Mimico Go, Royal York TTC Station, and the Gardiner nearby. Experience modern, community-happy, expansive living at Reina Condos.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $833 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 689 The Queensway #321
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
689 The Queensway #321 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13766374$499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 689 The Queensway #321 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
$2,456
/mo
based on the purchase price of $499,900
$99,980 cash
$399,920 financed
$336,838 total interest
Principal54%$399,920
Interest46%$336,838
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
Own a home on The Queensway? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 689 The Queensway #321 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 689 The Queensway #321 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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 $500K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,851Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 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
1 for rent at 689 The Queensway — plus its sale and lease history.
689 The Queensway #321 is listed at $499,900 (MLS® W13766374). Summitly updates the price as soon as the MLS® record changes.
Is $499,900 a good price for 689 The Queensway #321?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 689 The Queensway #321 changed?
No — 689 The Queensway #321 is still listed at its original asking price of $499,900.
How many bedrooms and bathrooms does 689 The Queensway #321 have?
689 The Queensway #321 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 689 The Queensway #321 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.1 km (about a 14-minute walk) in a straight line. Royal York Station is about 2.6 km, and Old Mill 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 689 The Queensway #321?
About $2,456 a month — principal and interest on $499,900 with 20% down ($99,980), 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 689 The Queensway #321 compare with other homes in Toronto?
Its asking price of $499,900 is about 40% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 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 689 The Queensway #321 been sold before?
Summitly has no earlier MLS® sale or lease of 689 The Queensway #321 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 689 The Queensway #321?
689 The Queensway #321 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 689 The Queensway #321 been on the market?
48 days — 689 The Queensway #321 was listed on September 9, 2026.
What is the price per square foot of 689 The Queensway #321?
About $715 to $833 per square foot: the asking price of $499,900 over the 600–699 sq ft the listing gives as its size range.
Does 689 The Queensway #321 have parking or a garage?
