Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

689 The Queensway Street 301, Toronto, ON M8Y 1L1

2 beds · 2 baths · 1 kitchen · 5 rooms · 1 parking space · 700-799 sq ft · No locker · Laundry in unit · Condo Apartment
$599,900

Utilities includedWater

Also includedCommon Elements · Building Insurance

Maintenance fee
$486 / month
Included in the fee
Common Elements, Building Insurance, Water

Welcome to Suite 231 at Reina Condos, a thoughtfully designed two-bedroom residence offering 765 sq. ft. of bright, contemporary living. This efficient open-concept layout features a modern kitchen that flows seamlessly into the spacious living and dining areas, extending to a private balcony overlooking the beautifully landscaped courtyard. The well-proportioned primary bedroom offers ample closet space, while the second bedroom provides the perfect setting for guests, a home office, or a growing family. Designed with comfort, style, and functionality in mind, this suite presents an exceptional opportunity to own in one of Toronto's most sought-after boutique condominium communities.Reina Condos is an award-winning boutique residence on The Queensway with just 200 suites, offering an impressive collection of amenities including a fully equipped fitness centre, children's playroom, games room, library, community room, Sound(less) room, pet wash, snack shack, and more. Residents also enjoy beautifully landscaped outdoor gathering spaces with BBQ areas, lounge seating, and a dedicated children's play area. Ideally located on The Queensway, you're just minutes from Mimico GO Station, the Gardiner Expressway, parks, restaurants, cafés, and shopping, making everyday living as convenient as it is enjoyable.

MLS number
W13611066
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
2
Postal code
M8Y 1L1
Photos
6
Locker
No
Laundry
In the unit — In-Suite Laundry
Included in the fee
Common Elements, Building Insurance, Water
48days · 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.

Approximate — placed from the postal code, which can cover a block or more.

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 are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

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
St Louis Catholic School
Toronto CDSB
Elementary114 m7.7 / 10
77% met the standard
Karen Kain School of the Arts
Toronto DSB
Elementary499 m7.6 / 10
76% met the standard · 3 of 6 measures
Behaviour Innovations, Children's CollegElementary397 mNot reported
Etobicoke School of the Arts
Toronto DSB
Secondary542 m8.0 / 10
80% met the standard · 2 of 6 measures
George R Gauld Junior School
Toronto DSB
Elementary688 m7.3 / 10
73% met the standard · 3 of 6 measures
Oak LearnersElementary851 mNot reported
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.

The market around this home

Condo Apartments in Stonegate-Queensway103 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$552k$653k$754k20252026this home’s asking price
$556klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d19d39d20252026
34dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in stonegate-queensway. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 483 people.

$106,000Median household income
64.9%Own their home
70.3%Detached houses
40.8Median age
30.8%Born outside Canada
27.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201525 — the few blocks around this address, home to 483 people. It describes the area, not this property.

483Population
41.5Average age
2.6Household size
$130,000Average household income
$106,000Median household income
65%Own their home
35%Rent
0%Condominiums
31%Born outside Canada
28%University degree
$1,160,000Average home value
7%Low income
46%Not in the labour force
27%Never married
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9992%
$50,000 to $59,9995%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over35%
$100,000 to $124,99912%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over12%

Percentages are of the 285 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.

$119,980 · minimum here is $34,990
$2,656.23per month
Borrowed before insurance$479,920
Total borrowed$479,920
Interest over 25 years at 4.5%$316,948

If you rented it out

-$3,142.23per month out of pocket
Rent$0.00
Everything it costs to hold$3,142.23
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.

722 THE QUEENSWAY238 m
Under Review · applied March 6, 2023

The application seeks to redevelop the property by demolishing the existing one-storey commercial building and constructing a new eight-storey mixed-use condomimum with 26 residential units, 118 m2 of ground floor commercial space, 5 surface car parking spaces…

City planning file →
689 THE QUEENSWAY218 m
Draft Plan Approved · applied January 12, 2024
City planning file →
689 THE QUEENSWAY218 m
Closed · applied December 13, 2019

The applicant is proposing a 9-storey mixed-use building containing 200 residential units and 500 square metres of at-grade retail space fronting onto The Queensway.…

City planning file →
689 THE QUEENSWAY222 m
Closed · applied August 12, 2019

The applicant is proposing a 9-storey mixed-use building containing 200residential units and 500 square metres of at-grade retail space fronting onto The Queensway.…

City planning file →
629 THE QUEENSWAY288 m
Closed · applied September 21, 2010

To construct a second storey addition and convert single family dwelling into three dwelling units.

55 OAKFIELD DR458 m
Closed · applied March 18, 2009

Site Plan Approval Application due to construction of a new single family dwelling.

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 PROFESSIONALS INC.. Listing data provided by the Toronto Regional Real Estate Board.