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502 - 859 The Queensway

502 - 859 The Queensway

Toronto W07, ON

  • 2 bed
  • 1 bath
  • approx. 600-699 sqft
  • Condo Apartment
  • 114 days on market
$529,990

REBATE ELIGIBLE! Welcome to Unit 502 - a beautifully designed southeast-facing suite offering stunning views of Lake Ontario and the iconic CN Tower. This bright and functional layout is flooded with natural light through expansive windows, creating a warm and inviting atmosphere throughout the home. The open-concept living and dining area seamlessly flows into the modern kitchen, making the space ideal for both entertaining and everyday living. The spacious bedroom provides comfort and privacy, while the versatile flex space offers the perfect setup for a home office, guest area, or additional storage. One of the most impressive features of Unit 502 is the expansive 290 sq. ft. terrace - an incredible extension of the living space and a rare find in condo living. Whether you're enjoying your morning coffee, hosting friends, or taking in the breathtaking southeast lake and skyline views, this outdoor retreat truly elevates the lifestyle this suite offers. Combining thoughtful design, exceptional outdoor space, and spectacular views, Unit 502 is the perfect blend of urban convenience and waterfront living.

Listing Details

Listed
May 29, 2026

Price History

Property

Style
Apartment
Construction
Concrete
Interior
Other

Parking

Garage
Underground
Covered Spaces
1
Total Parking
1

Utilities

Heat Source
Gas

Location & Legal

Cross Street
Islington Ave and The Queensway
Parcel Number
0
Possession
Other
Occupancy
Vacant

Condo

Maintenance Fee
$560/month
Fee Includes
Water Included, Heat Included, CAC Included, Building Insurance Included
Pets
Yes-with Restrictions
Locker
None
Balcony
Terrace

Included

Inclusions
Stainless Steel: Fridge, Stove, Microwave, Dishwasher & Washer/Dryer. 1 Parking.
Exclusions
N/A
Rental Items
N/A

Schools

Elementary

  • St Louis Catholic School0.8 km

    Catholic · Toronto CDSB · 305 students

    Grade 3 reading: 79% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Holy Angels Catholic School0.8 km

    Catholic · Toronto CDSB · 585 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 62% met the provincial standard

  • Castlebar Junior School0.8 km

    Public · Toronto DSB · 280 students

    Grade 3 reading: 83% met the provincial standard

Secondary

  • Etobicoke School of the Arts0.9 km

    Public · Toronto DSB · 825 students

    Grade 10 literacy: 92% met the provincial standard

  • Bishop Allen Academy Catholic Secondary School1.1 km

    Catholic · Toronto CDSB · 1460 students

    Grade 10 literacy: 94% met the provincial standard

  • Lakeshore Collegiate Institute2.6 km

    Public · Toronto DSB · 650 students

    Grade 10 literacy: 75% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area M8Z

Population
19,312
Private dwellings
7,784
Median age
40.4
Average household size
2.5
Median household income
$111,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Condo & Other in Toronto W07 · last 12 months

Median sold price
$1,250,000
Homes sold
227
Median days on market
13
Sale-to-list price
99.3%

Based on 227 recorded sales of residential condo & other properties in Toronto W07 over the last 12 months.

Rooms

3-piece on Main

Main

  • Bedroom9'9" x 9'4"
  • Den9'2" x 6'9"
  • Dining Room14'2" x 9'
  • Foyer16'3" x 3'9"
  • Kitchen14'2" x 9'
  • Living Room12' x 10'6"

Listed by

ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$105,998

Estimated Monthly Payment

$2,604

Land transfer tax

Estimated land transfer tax$7,075

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,604/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $132/mo

Maint: $560/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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