Homula Realty Brokerage
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935 The Queensway 1-3, Toronto, ON M8Z 1P3

Commercial Retail
$700
$256,025per month
Rent
$256,025 / month
Rate
$700 / sq ft
Area
4,389 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

Rare opportunity to purchase a brand new retail condo at grade in one of Toronto's fastest growing west-end corridors. Four units in total, offer prime ground-floor retail space within BLVD. Q, Mattamy's newest 11-storey, 210-unit boutique mid-rise condominium currently under construction at 935 The Queensway, Etobicoke. The unit fronts directly onto The Queensway with its own dedicated retail entrance, offering outstanding street presence and visibility on one of the city's busiest arterial routes. The building includes a shared service corridor, separate commercial waste and storage room, Type G loading, and 6 stalls of commercial underground parking. Strategically positioned between two of the GTA's highest-volume retail anchors, Costco Etobicoke (450m east) and IKEA Etobicoke (2.1km west) and steps from Cineplex Queensway, the site benefits from exceptional daily foot traffic and strong cross-visitation potential. Minutes to the Gardiner Expressway, Islington Subway Station, Kipling Station, and Mimico GO. The surrounding neighbourhood has an average household income of $120,748, rising to $165,179 at the community level, with a growing residential population fuelled by multiple new condominium completions in the immediate area.

MLS number
W13536478
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
M8Z 1P3
Photos
2
Property tax
$48,279 / year
67days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Castlebar Junior School8.2 / 10
Elementary · Regular Track
TDSB boundary
Etobicoke Collegiate Institute8.2 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Al-Ikhlaas Foundation SchoolElementary and secondary369 mNot reported
Holy Angels Catholic School
Toronto CDSB
Elementary695 m8.4 / 10
84% met the standard
Mildenhall School, TheElementary955 mNot reported
Norseman Junior Middle School
Toronto DSB
Elementary1.2 km7.7 / 10
77% met the standard
Etobicoke School of the Arts
Toronto DSB
Secondary1.1 km8.0 / 10
80% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 690 people.

$103,000Median household income
71.7%Own their home
30.2%Detached houses
41.2Median age
48.1%Born outside Canada
33.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201520 — the few blocks around this address, home to 690 people. It describes the area, not this property.

690Population
40.5Average age
2.6Household size
$114,000Average household income
$103,000Median household income
72%Own their home
28%Rent
9%Condominiums
48%Born outside Canada
34%University degree
$1,070,000Average home value
6%Low income
41%Not in the labour force
32%Never married
$10,000 to $14,9991%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9991%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9991%
$70,000 to $79,9994%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over35%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,99912%
$200,000 and over11%

Percentages are of the 405 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$140 · minimum here is $35
$3.10per month
Borrowed before insurance$560
Total borrowed$560
Interest over 25 years at 4.5%$370

If you rented it out

-$4,026.35per month out of pocket
Rent$0.00
Everything it costs to hold$4,026.35
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 1 still in progress.

875 THE QUEENSWAY205 m
NOAC Issued · applied September 1, 2022

Proposal for a mixed-use development comprised of an 11-storey mixed-use building. 148 residential units are proposed along with 238 square metres of commercial floor area at grade, with three levels of below grade parking consisting of 133 parking spaces

City planning file →
880 THE QUEENSWAY150 m
Draft Plan Approved · applied August 1, 2025

Draft Plan of Condominium Application (Non Residential Portion) for 103 units in the eight-storey mixed use building.

City planning file →
829 THE QUEENSWAY301 m
Closed · applied July 7, 2025

Proposal to permit a 15-storey mixed-use building with approximately 332 units, two retail units at-grade (590 square metres), and 159 parking spaces within two levels of underground parking.

City planning file →
880 THE QUEENSWAY150 m
Final Approval Completed · applied April 30, 2025

Draft Plan of Condominium Application for 103 units in the eight-storey mixed use building.

City planning file →
15 CANMOTOR AVE331 m
Closed · applied September 10, 2024

The application proposes to demolish the northern portion of the existing one-storey building, and to convert the southern portion of the existing building into a Medical Clinic / Medical Office.…

City planning file →
801 THE QUEENSWAY446 m
Final Approval Completed · applied April 18, 2024
City planning file →
933 THE QUEENSWAY200 m
Closed · applied August 3, 2023

Proposed Zoning By-law Amendment application to lift the Holding Provision (H) in association with the proposed development at 933-935 The Queensway. Holding Provisions are included in the approved zoning by-law - By-law 535-2023(OLT).

City planning file →
15 CANMOTOR AVE331 m
Closed · applied May 24, 2023

A Zoning By-law Amendment application has been submitted for 15 Canmotor Avenue to demolish the existing one-storey restaurant/banquet hall and construct a new two-storey medical office and cardiology centre totaling 1,707 square metres of gross floor area and…

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX ULTIMATE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.