1007 The Queensway Ave 605
Islington-City Centre West, Etobicoke, M8Z 6C7
FOR SALE
$779,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSW11950680
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Property Description
Welcome to Verge Condos, located in vibrant South Etobicoke and developed by RioCan Living. This bright, 1BR + Den offers 9ft ceilings and a spacious layout perfect for entertaining. The large den is ideal for a home office, nursery, guest room, or relaxation space. The Italian-designed kitchen features custom cabinetry with ample storage, quartz countertops, and an upgraded island, offering both style and function. Verge Condos revolutionizes urban living with stylish suites and exceptional amenities. Sherway Gardens just a 5-minute drive and downtown Toronto only 15 minutes away. This new community/mixed-use buildings will include over 32,000 sq. ft. of retail space, a new public park and a new service road on the south side of the property * 1 Locker Included * Move in August 2025.
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Extras
Smart Home T/O, Rogers Hi-Speed internet bulk billed $53.52 + HST/m
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Comm Element Condo, Multi-Level
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Etobicoke Market Statistics
Etobicoke Price Trend
1007 The Queensway Ave 605 is a 1-bedroom 1-bathroom condo listed for sale at $779,000, which is $215,310 (38.2%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Etobicoke over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Etobicoke over the last 30 days (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Etobicoke stood at 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Intercity Realty Inc.
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