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$498,000
Reina Condos · 689 The Queensway Street · Toronto · Ontario M8Y 1L1
134 days on market
Experience elevated living in this brand new Penthouse suite at Reina Condos. This thoughtfully designed premium layout comes with upgraded finishes throughout with over $13K in designer upgrades, including herringbone flooring, motorized blinds, and carefully selected finishes that enhance both style and functionality. Reina Condos has received international recognition, including features in The New York Times and Oprah Magazine, and offers exceptional amenities: a fully equipped fitness centr…
Could save you thousands on this purchase — closing strategy, negotiation & rebate.
Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →
Seller signals
↓ $41KPrice reduction
MLS shows the seller reduced the asking price by $41,000 (from $539,000 to $498,000).
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: KELLER WILLIAMS EMPOWERED REALTY
Source: TRREB/PROPTX · MLS® W13431562
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20%+ down — no CMHC premium
≈ $0.07/ft² × ~550 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 46% of your true cost of ownership. The other 54% surprises most first-time buyers.
Full breakdown
| Mortgage & financing | ||
| Mortgage (P+I) | $22,671 | $1,889/mo |
| Government & taxes | ||
| Land transfer tax(closing) | $6,435 | $536/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%) | $4,980 | $415/mo |
| Condo fees | ||
| Condo / HOA fees | $4,056 | $338/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 | $48,802 | $4,067/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.