1195 The Queens Way 102
Islington-City Centre West, Etobicoke, M8Z 1R6
FOR SALE
$429,999
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Property Description
Welcome to The Tailor Queensway Residences, a new benchmark for luxury and convenience in modern living. An excellent opportunity for first-time homebuyers or investors. Newer building one bedroom, one washroom , Open concept, w/o to balcony on the ground floor. Lots of natural light. Close To All Amenities With Short Distance Walk. Bus Stop At Front Door. Near Costco, Ikea, Sherway Gardens Mall, Parks, Hwy 27 To Downtown Toronto Within 20 Minutes. Tenant is paying $2300 per month, option to assume the tenant or vacant possession available.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,774 (2023)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Br | Flat | 8.99' x 8.99' | , Glass Doors |
| Dining | Flat | 11.48' x 12.50' | , Combined W/Living |
| Living | Flat | 11.48' x 12.50' | , Combined W/Dining |
| Kitchen | Flat | 11.48' x 12.50' | , Stainless Steel Appl |
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Etobicoke Market Statistics
Etobicoke Price Trend
1195 The Queens Way 102 is a 1-bedroom 1-bathroom condo listed for sale at $429,999, which is $136,905 (24.1%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Etobicoke declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Etobicoke over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Etobicoke typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) less 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Real Estate Centre Inc.
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