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Listed 3 months ago

502 - 859 The Queensway N/A

Stonegate-Queensway, Toronto

$529,990

Condo Apartment |
1 + 1 | 1 | 1 | 0
About this home

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.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$560
LockerNone
BalconyTerrace
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax---
mls© NumberW13215482
Listed ByROYAL LEPAGE REAL ESTATE SERVICES LTD.
Water Included
Heat Included
CAC Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,713
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$280
Housing costs
$3,143 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $105,998
25-yr amortization

Income needed

$97,000

gross annual household income

Payment at 4%
$2,230 / mo
Cash down
$105,998

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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