1195 The Queensway 406, Toronto W08

$414,900
1195 The Queensway 406

$414,900

New
18d
Condo ApartmentApartment

1195 The Queensway 406, Toronto W08

Total Monthly Obligation $2,479

Bed+Den
2+1
Baths
1
Park
0
Sqft
500-599
DOM
18d
Score
21
Yield
6.1%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Condo Apartment
MLS® Number-W13861442
Bed+Den-2+1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 5, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$2,248.22 (2026)
Maintenance-$418.22/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Concrete
Possession-Flexible
Neighbourhood-Islington-City Centre West
Title-Residential Condo & Other

No agent assigned

Welcome To Urban Living At Its Finest At The Tailor On The Queensway! This Stylish 1 Bedroom + Den Suite Offers One Of The Most Functional Layouts The Building Has To Offer, With 541 Sq Ft Of Smart, Well-Planned Living Space. The Separate Private Den Comes With Its Own Door, Perfect As A Home Office, Guest Room, Or Cozy Relaxation Area. Large Floor-To-Ceiling Windows Flood The Unit With Natural Light, And Tall Ceilings Create A Bright, Airy Feel Throughout. Step Out Onto The Open Balcony To Enjoy Your Morning Coffee. This Building Is Also Loaded With Amenities Including 24 Hour Concierge, Fitness Centre, Library Lounce, Rooftop Gardens, And Costco, Plus Quick Access To The Gardiner & Highway 427. Steps To Senator Marian Maloney Park And The Zorra Dog Park For Sunny Days Outdoors. Perfect For Young Professionals Or Couples Looking For Affordable Maintenance In A Great Building. Don't Miss Out!

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$331,920
Land Transfer Taxes$4,773
Legal Fees (Est.)
$
Total cash required for closing$89,253

Total Monthly Obligation

$2,479/mo
Mortgage $1,674
Monthly Loss $2,039
Principal$440
Interest$1,233
Property Tax$187
Condo Fees$418
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.6%33
10-Year IRR
10.4%
Returns Index
17.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$25,224/yr
NOI
$13,035/yr
Net Cash Flow
-$587/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.1/ 100

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

Comparables

Properties near 1195 The Queensway 406

Time

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Data last updated within the past 24 hours.