Indoor foyer for 1040 The Queensway Ave #502, Toronto Ontario M8Z 0A7
2 days on Market

1040 The Queensway Ave #502, Toronto, Ontario M8Z 0A7

In the same building:
-
Condo
1
1
~500-599 sqft
$475,000
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Condo
1
1
~500-599 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$871/sqft

Monthly cost

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Description

Welcome to this beautifully designed one-bedroom condo offering an exceptional open-concept layout with 587 sqft of thoughtfully planned living space. Enjoy two walkouts to an impressive 100 sq. ft. balcony overlooking the quiet residential neighbourhood on the north side of the building-an ideal setting for morning coffee, evening sunsets, or relaxing outdoors.The functional kitchen features sleek black appliances and a mirrored backsplash, while laminate and ceramic flooring flow throughout thesuite. The spacious bedroom includes a double closet and its own walkout to the balcony. Ensuite laundry, a locker, and an exceptionally well-positioned, generously sized parking space complete this fantastic offering.Located in the heart of The Queensway, one of Etobicoke's most desirable and convenient neighbourhoods, you're surrounded by excellent restaurants, cafés, shops, parks, and everyday amenities. Enjoy quick access to public transit, major highways, downtown Toronto, Sherway Gardens, and the waterfront. A perfect opportunity for first-time buyers, professionals, downsizers, or investors seeking comfort, convenience,and a peaceful residential outlook.


Property Details

StyleApartment
View-
Age of property16-30
SqFt~500-599 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW13489584
Community NameThe Queensway
Data SourceTRREB
Listing byCENTURY 21 ATRIA REALTY INC.

Features

Heating: Heat Pump
Cooling: Central Air

Main Floor

Dining

5.8 x 2.9

Combined W/Living / Laminate

Kitchen

2.45 x 2.4

B/I Dishwasher / B/I Microwave

Living

5.8 x 2.9

Combined W/Dining / Laminate / W/O To Balcony

Primary

5.8 x 2.9

Laminate / Large Closet / W/O To Balcony


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Underground

Other parking spaces 0

Total parking spaces 1


5Story
Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jun 25, 2026
ListedActive
$475,000
2 days on market
history photo preview25
Listing by trreb®
Property listed by CENTURY 21 ATRIA REALTY INC., Brokerage
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Market Data - The Queensway

Geo Zone Map ThumbnailThe Queensway

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2025

30 days

2024

24 days

2023

23 days

New Listings

Past 30 days

44 listings

Compared to

2025

46 listings

2024

50 listings

2023

20 listings

Units sold

Past 30 days

6 units

Compared to

2025

7 units

2024

19 units

2023

17 units

Median Sold Price

Past 30 days

$552,000

Compared to

2025

$515,000

2024

$570,000

2023

$605,000


Population and Demographics

Overview

Total population 16176
Average household income $166,841

Age (%)

0 to 19
19%
20 to 34
20%
35 to 49
23%
50 to 64
20%
65 and plus
17%

Household composition (%)

Single family
63%
Single person
32%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
68%
Others
5%
Italian
4%
Polish
4%
Ukrainian
3%
Portuguese
3%
Spanish
3%
Tibetan
2%
Serbian
1%

House tenancy (%)

Owners
74%
Renters
26%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget