859 The Queensway 703, Toronto W07

$699,000
859 The Queensway 703

$699,000

New
24d
Condo ApartmentApartment

859 The Queensway 703, Toronto W07

Total Monthly Obligation $4,297

Beds
3
Baths
2
Park
2
Sqft
1000-1199
DOM
24d
Score
16
Yield
5.2%
Cash on Cash
-8.3%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Condo Apartment
MLS® Number-W13840296
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Sep 29, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Taxes-$3,675 (2026)
Maintenance-$971/mo
Locker-None
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-HOMELIFE MAPLE LEAF REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete, Other
Possession-60-89 days
Neighbourhood-Stonegate-Queensway
Title-Residential Condo & Other

No agent assigned

Welcome to modern, effortless living in Toronto's highly desirable West End. Spanning 1,057 square feet, open concept layout features three spacious bedroom & adaptable den spaces, and two full bathrooms designed for stylish everyday function. Nine-foot ceilings combined with sweeping, southwest-facing floor-to-ceiling windows saturate the open-concept footprint with rich afternoon light. Durable, warm-toned vinyl flooring runs throughout, creating a seamless transition into a contemporary kitchen equipped with sleek stainless steel appliances and crisp porcelain tile detailing. The generous living and dining zone accommodates both relaxed nights in and lively gatherings. Fully equipped fitness center, Elegant social lounge and modern kitchen lounge, Private dining room for special eventsOutdoor cabana deck with BBQ stationsDedicated kids' play space. Located directly along The Queensway, you are steps away from prime shopping and entertainment including Sherway Gardens, Costco, Sobeys, and Cineplex Odeon. Commuting is effortless with rapid access to TTC routes, Highway 427, and the QEW right outside your front door.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$4,297/mo
Mortgage $2,820
Monthly Loss $3,555
Principal$742
Interest$2,078
Property Tax$306
Condo Fees$971
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
6.1%14
10-Year IRR
7.7%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,528/yr
NOI
$15,148/yr
Net Cash Flow
-$1,557/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.2/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 859 The Queensway 703

Time

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Data last updated within the past 24 hours.