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.

1007 The Queensway 302, Toronto, ON M8Z 0C6

3 beds · 2 baths · 1 kitchen · 6 rooms · 1 parking space · 700-799 sq ft · Locker · Laundry in unit · Condo Apartment
$3,100

Utilities includedHeat

Also includedBuilding Insurance · Common Elements

Welcome to this brand-new 3-bedroom, 2-bathroom suite at Verge Condos, a contemporary RioCan Living residence in vibrant South Etobicoke.Thoughtfully designed for families and professionals alike, this bright, spacious home offers a smart open-concept living and dining area, modern kitchen with full-sized appliances, and quality finishes throughout. The generous primary bedroom features ample closet space and a private 3-piece ensuite, while the two additional bedrooms provide flexibility for children, guests, or a home office.Step out onto your private balcony-an inviting space to relax and unwind. Ideally located near transit, major highways, shopping, restaurants, and everyday amenities, this exceptional suite offers effortless access to everything Toronto has to offer. Be the first to call this stylish and functional home your own.

MLS number
W13732190
Type
Condo Apartment
Status
Active
Bedrooms
3
Bathrooms
2
Postal code
M8Z 0C6
Photos
21
Locker
Yes — Owned
Laundry
Ensuite
11days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

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 secondary348 mNot reported
Holy Angels Catholic School
Toronto CDSB
Elementary652 m8.4 / 10
84% met the standard
Mildenhall School, TheElementary1.0 kmNot reported
Norseman Junior Middle School
Toronto DSB
Elementary1.2 km7.7 / 10
77% met the standard
New Haven Learning CentreElementary and secondary1.3 kmNot 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.

The market around this home

Condo Apartments in Islington-City Centre West2,811 leases over the last five years.

Median rentWhat comparable units actually leased for
$2k/mo$3k/mo$3k/mo20252026this home’s asking price
$2k/molatest quarter · hover to read any
Leased vs askingAbove 100% means bidding wars were normal
96%100%104%20252026the asking price
100%latest quarter · hover to read any
Days to leaseMedian days on market before the deal closed
0d11d22d20252026
15dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the leases that closed in that quarter among condo apartments in islington-city centre west. 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 1,651 people.

$76,000Median household income
60.5%Own their home
12.6%Detached houses
34.4Median age
44.3%Born outside Canada
40.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201667 — the few blocks around this address, home to 1,651 people. It describes the area, not this property.

1,651Population
38.3Average age
1.7Household size
$80,800Average household income
$76,000Median household income
61%Own their home
40%Rent
83%Condominiums
44%Born outside Canada
41%University degree
$680,000Average home value
13%Low income
27%Not in the labour force
39%Never married
Under $5,0002%
$5,000 to $9,999<1%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9992%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,9996%
$90,000 to $99,9995%
$100,000 and over24%
$100,000 to $124,99911%
$125,000 to $149,9995%
$150,000 to $199,9994%
$200,000 and over4%

Percentages are of the 1,250 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.

$620 · minimum here is $155
$13.73per month
Borrowed before insurance$2,480
Total borrowed$2,480
Interest over 25 years at 4.5%$1,638

If you rented it out

-$13.73per month out of pocket
Rent$0.00
Everything it costs to hold$13.73
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 — 6 still in progress.

1025 THE QUEENSWAY447 m
Council Approved · applied May 24, 2024

Zoning By-law Amendment application to permit a mixed-use development containing a central public park of 4,286.4 square metres, three new public streets, ten residential and mixed-use buildings with heights ranging from 18- to 46-storeys, and two 7-storey emp…

City planning file →
1025 THE QUEENSWAY447 m
Under Review · applied May 23, 2024

June 5, 2024: Proposed Draft Plan of Subdivision application to create the necessary blocks to support the proposed development.**Note associated Zoning By-law Amendment Application 24 153505 WET 03 OZ seeeking to permit the comprehensive redevelopment of the …

City planning file →
1049 THE QUEENSWAY395 m
Council Approved · applied November 29, 2022

Proposal to lift the 'H' to permit a 12-storey mixed-use building containing 321 dwelling units.

City planning file →
875 THE QUEENSWAY379 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 →
1049 THE QUEENSWAY395 m
Under Review · applied April 27, 2022

Site Plan Approval - Proposed development of a 12-storey mixed use building containing 321 dwelling units, 715 square metres of retail space at grade, and two levels of underground parking with a total of 214 parking spaces.…

City planning file →
1049 THE QUEENSWAY395 m
OMB Approved · applied December 21, 2017

To amend the former City of Etobicoke Zoning Code (Site Specific By-law No. 514-2003) to permit a 12-storey mixed use building including 4 live/work units and retail with a total gross floor area of 22980m2.

City planning file →
880 THE QUEENSWAY359 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 →
880 THE QUEENSWAY359 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 →
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 PLUS CITY TEAM INC.. Listing data provided by the Toronto Regional Real Estate Board.