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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/Verge Condos 2/Suite 605

Suite 605

Available1 rental

$779,900

$1,289/sq ft

1 Bed + Den·1.0 Bath·605 sq ft·South·$1,289/sq ft

Bedrooms

1 Bed + Den

Bathrooms

1.0

Size

605 sq ft

Exposure

South

Prev: Suite 6053 / 3
Suite 605 Floor Plan at Verge Condos 2 - 605 sq.ft
Click to enlarge

Floor Range: 3-5 | Unit Number: 23

Price History

$765K$769K$772K$776K$780KJul 22Sep 24Jan 26

Launch Price

$764,900

$1,264/sq ft

Jul 20, 2022

Current Price

$779,900

$1,289/sq ft

▲$15,000 (+2.0%)

Comparable Listings Nearby

Beta

Similar 1 Bed + Den condo units nearby

For Sale6 listings
1040 The Queensway Avenue, Unit 419For SaleGood Match

$659,000

1040 The Queensway Avenue, Unit 419

2 Bed2 Bath1000-1199 sqft
<0.1 km·121d on mkt
1040 The Queensway, Unit 304For SaleGood Match

$459,000

1040 The Queensway, Unit 304

1 Bed1 Bath500-599 sqft
<0.1 km·18d on mkt
1040 The Queensway Avenue, Unit 901For SaleGood Match

$645,000

1040 The Queensway Avenue, Unit 901

1 Bed1 Bath800-899 sqft
<0.1 km·65d on mkt
1040 The Queensway Avenue, Unit 107For SaleGood Match

$699,900

1040 The Queensway Avenue, Unit 107

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2003·26d on mkt
1040 The Queensway Street, Unit 409For SaleGood Match

$658,000

1040 The Queensway Street, Unit 409

2 Bed2 Bath900-999 sqft
<0.1 km·40d on mkt
1040 The Queensway Street, Unit 720For SaleFair Match

$709,900

1040 The Queensway Street, Unit 720

2 Bed2 Bath800-899 sqft
<0.1 km·Built 2003·76d on mkt
For Rent6 listings
1007 The Queensway, Unit 705For LeaseStrong Match

$2,100/mo

1007 The Queensway, Unit 705

1 Bed1 Bath500-599 sqft
<0.1 km·13d on mkt
1007 The Queensway, Unit 530For LeaseStrong Match

$1,850/mo

1007 The Queensway, Unit 530

1 Bed1 Bath500-599 sqft
<0.1 km·28d on mkt
1007 The Queensway, Unit 1025For LeaseStrong Match

$1,950/mo

1007 The Queensway, Unit 1025

1 Bed1 Bath500-599 sqft
<0.1 km·52d on mkt
1007 The Queensway, Unit 1012For LeaseStrong Match

$2,060/mo

1007 The Queensway, Unit 1012

1 Bed1 Bath500-599 sqft
<0.1 km·11d on mkt
1007 The Queensway, Unit 217For LeaseStrong Match

$2,300/mo

1007 The Queensway, Unit 217

1 Bed1 Bath500-599 sqft
<0.1 km·17d on mkt
1007 The Queensway, Unit 625For LeaseStrong Match

$2,350/mo

1007 The Queensway, Unit 625

1 Bed1 Bath500-599 sqft
<0.1 km·19d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $779,900

(5%) $10,000.00 On Signing Balance to 5% - 30 days

MilestoneRateAmountCumulativeDue Date
$10,000.00 On Signing$10,000.00$10,000$10,000On Signing
Balance to 5% - 30 daysBalance to 5%$28,995$38,995May 9, 2026
Total Deposit5.0%$38,995

605 sq ft × $0.62/sq ft = $375/mo

Add-ons

Monthly Mortgage (P&I)$3,307
Property Tax (est.)$422
Maintenance Fees$375
Total Monthly Cost$4,105
Est. Rental IncomeBeta−$2,250
Net Monthly Cost−$1,855

Down payment: $155,980 (20%) · Mortgage: $623,920

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$2,250/mo
Est. Gross Yield3.5%

Active MLS Listings — Same Unit Type

1007 The Queensway, Unit 323Lease

$2,350/mo

1007 The Queensway, Unit 323

1 Bed14d on mkt

Building Market

Developer
$1,249/sqft
16available
$652K–$1.2M
For Rent
$3.63/sqft
114on MLS
29 avg DOM
$2K–$3K

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