859 The Queensway #322 is a 2-bedroom, 1-bathroom condo in Toronto, listed for $548,000. It has 700-799 sq ft of living space.
1The Kitchen Features Stainless Steel Appliances And Opens Seamlessly Into The Living Area, Creating A Functional Space For Both Everyday Living And Entertaining.
2Enjoy The Convenience Of Ensuite Laundry, Underground Owned Parking And An Owned Locker.
3Heat, Water, CAC, Building Insurance, Common Elements And Parking Are Included In The Maintenance Fees.
Welcome To 859 The Queensway Suite 322. Ideally Located At Islington Avenue And The Queensway In The Desirable Stonegate-Queensway Community. This Bright And Spacious 2-Bedroom, 1-Bathroom Condo Offers Approximately 790 Sq. Ft. Of Well-Designed Living Space With An Open-Concept Layout. The Kitchen Features Stainless Steel Appliances And Opens Seamlessly Into The Living Area, Creating A Functional Space For Both Everyday Living And Entertaining. Both Bedrooms Offer Large Windows, With The Second Bedroom Featuring A Walkout To The Open Balcony. Enjoy The Convenience Of Ensuite Laundry, Underground Owned Parking And An Owned Locker. Heat, Water, CAC, Building Insurance, Common Elements And Parking Are Included In The Maintenance Fees. Ideally Situated Close To Transit, Shopping, Restaurants, Parks, Schools And All The Amenities Along The Queensway, With Easy Access To Islington Avenue And Major Transportation Routes. A Fantastic Opportunity For First-Time Buyers, Downsizers Or Investors Looking For A Well-Located 2-Bedroom Condo In West Toronto.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $783 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 859 The Queensway #322
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
700-799 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
1 Storey/Apt
Property class
Condo Apartment
859 The Queensway #322 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W13878466$548,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 859 The Queensway #322 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$2,692
/mo
based on the purchase price of $548,000
$109,600 cash
$438,400 financed
$369,248 total interest
Principal54%$438,400
Interest46%$369,248
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.
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Similar homes for sale nearby in Toronto
Other 1–3 bed homes for sale in Toronto around $548K.
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 listings12,587Homes 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.
More in this building
9 for sale · 1 for rent at 859 The Queensway — plus its sale and lease history.
859 The Queensway #322 is listed at $548,000 (MLS® W13878466). Summitly updates the price as soon as the MLS® record changes.
Is $548,000 a good price for 859 The Queensway #322?
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 859 The Queensway #322 changed?
No — 859 The Queensway #322 is still listed at its original asking price of $548,000.
How many bedrooms and bathrooms does 859 The Queensway #322 have?
859 The Queensway #322 has 2 bedrooms and 1 bathroom, with about 700–799 square feet of living space. It is a condo in Toronto.
Is 859 The Queensway #322 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.4 km (about a 17-minute walk) in a straight line. Kipling Station is about 2.5 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 859 The Queensway #322?
About $2,692 a month — principal and interest on $548,000 with 20% down ($109,600), 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 859 The Queensway #322 compare with other homes in Toronto?
Its asking price of $548,000 is about 35% below 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 859 The Queensway #322 been sold before?
Summitly has no earlier MLS® sale or lease of 859 The Queensway #322 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 859 The Queensway #322?
859 The Queensway #322 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 859 The Queensway #322 been on the market?
859 The Queensway #322 was listed today (October 8, 2026).
What is the price per square foot of 859 The Queensway #322?
About $686 to $783 per square foot: the asking price of $548,000 over the 700–799 sq ft the listing gives as its size range.
Does 859 The Queensway #322 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
