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$400,000
1195 The Queensway N/A · Toronto · Ontario M8Z 1R6
140 days on market
Welcome to The Tailor at Queensway Residences! a thoughtfully designed 1+Den, 1-bath suite offering 611 sq ft of functional living space with modern finishes throughout. This well-laid-out unit features an open-concept design that seamlessly connects the kitchen, living, and dining areas, creating an inviting space for everyday living and entertaining. The contemporary kitchen is equipped with sleek appliances and ample cabinetry, while the versatile den is ideal for a home office, guest space,…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
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Seller signals
Motivated SellerWhy this label
Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.
Property history
Comparable sales
Brokered by: RE/MAX REALTRON REALTY INC.
Source: TRREB/PROPTX · MLS® W13265070
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo
Typical ON gas-heated home · ~$125/mo
ON municipal avg ~$60/mo
ON internet/TV avg ~$70/mo
1% of value/yr — standard reserve
Landscaping & snow removal · $0 default
$100/mo default · adjust for your home
Optional monitoring · $0 default
From listing or typical fee
Cost composition
Mortgage is 40% of your true cost of ownership. The other 60% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $18,210 | $1,517/mo |
| Government & taxes | ||
| Property tax | $2,396 | $200/mo |
| Land transfer tax(closing) | $4,475 | $373/mo |
| Insurance & protection | ||
| Home insurance | $1,200 | $100/mo |
| Title insurance(closing) | $400 | $33/mo |
| Utilities | ||
| Hydro / electricity | $900 | $75/mo |
| Gas | $1,500 | $125/mo |
| Water & sewer | $720 | $60/mo |
| Internet / TV / phone | $840 | $70/mo |
| Maintenance & upkeep | ||
| Maintenance reserve (1.0%) | $4,000 | $333/mo |
| Condo fees | ||
| Condo / HOA fees | $5,871 | $489/mo |
| Closing costs (one-time) | ||
| Legal / lawyer(closing) | $2,500 | $208/mo |
| Home inspection(closing) | $600 | $50/mo |
| Moving costs(closing) | $2,000 | $167/mo |
| Total | $45,612 | $3,801/mo |
Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.