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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/The Tailor Queensway Residences/O2b

O2b

Available1 rental

$499,990

$992/sq ft · Resale avg $662/sqft

1 Bed·1.0 Bath·504 sq ft·East·$992/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

504 sq ft

Exposure

East

1 / 3Next: F1
O2b Floor Plan at The Tailor Queensway Residences - 504 sq.ft
Click to enlarge

Floor Range: 3-6 | Unit Number: 09, 10

Price History

$455K$466K$477K$489K$500KMay 20May 25Jul 25

Launch Price

$454,990

$903/sq ft

May 21, 2020

Current Price

$499,990

$992/sq ft

▲$45,000 (+9.9%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale6 listings
1195 The Queensway, Unit 610For SaleStrong Match

$375,000

1195 The Queensway, Unit 610

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·22d on mkt
1195 The Queensway, Unit 310For SaleStrong Match

$454,000

1195 The Queensway, Unit 310

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·38d on mkt
1195 THE QUEENSWAY, Unit M-02For SaleStrong Match

$365,000

1195 THE QUEENSWAY, Unit M-02

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·57d on mkt
1195 The Queensway, Unit 406For SaleStrong Match

$349,000

1195 The Queensway, Unit 406

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·30d on mkt
15 Zorra Street, Unit 2010For SaleStrong Match

$474,900

15 Zorra Street, Unit 2010

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·126d on mkt
1195 The Queensway, Unit 101For SaleStrong Match

$399,000

1195 The Queensway, Unit 101

1 Bed1 Bath0-499 sqft
<0.1 km·Built 2023·21d on mkt
For Rent6 listings
1195 The Queensway Way, Unit 619For LeaseStrong Match

$1,900/mo

1195 The Queensway Way, Unit 619

1 Bed1 Bath0-499 sqft
<0.1 km·14d on mkt
1195 The Queens Way, Unit 608For LeaseStrong Match

$2,050/mo

1195 The Queens Way, Unit 608

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·7d on mkt
1195 The Queensway Way, Unit 501For LeaseStrong Match

$1,690/mo

1195 The Queensway Way, Unit 501

1 Bath0-499 sqft
<0.1 km·Built 2023·12d on mkt
1195 The Queensway Street, Unit 309For LeaseStrong Match

$2,000/mo

1195 The Queensway Street, Unit 309

1 Bed1 Bath500-599 sqft
<0.1 km·20d on mkt
1195 The Queensway, Unit 209For LeaseStrong Match

$1,850/mo

1195 The Queensway, Unit 209

1 Bed1 Bath500-599 sqft
<0.1 km·Built 2023·14d on mkt
1195 The Queensway, Unit 413For LeaseStrong Match

$1,800/mo

1195 The Queensway, Unit 413

1 Bed1 Bath500-599 sqft
<0.1 km·27d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $499,990

(10% + 5%) $5,000.00 On Signing Balance to 5% - 30 days 5% - Jun 1, 2022 5% - Occupancy

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$20,000$25,000May 9, 2026
5% - Jun 1, 20225%$25,000$49,999May 24, 57388
5% - Occupancy5%$25,000$74,999At Occupancy
Total Deposit15.0%$74,999

504 sq ft × $0.68/sq ft = $343/mo

Monthly Mortgage (P&I)$2,120
Property Tax (est.)$271
Maintenance Fees$343
Total Monthly Cost$2,734
Est. Rental IncomeBeta−$1,950
Net Monthly Cost−$784

Down payment: $99,998 (20%) · Mortgage: $399,992

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Est. Rent$1,950/mo
Est. Gross Yield4.7%

Active MLS Listings — Same Unit Type

1195 The Queens Way, Unit 608Lease

$2,050/mo

1195 The Queens Way, Unit 608

1 Bed7d on mkt

Building Market

For Sale
$662/sqft
6on MLS
61 avg DOM
$270K–$670K
Developer
$873/sqft
8available
$500K–$857K
For Rent
$3.87/sqft
4on MLS
19 avg DOM
$2K–$2K

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