MLS® listing
689 The Queensway 321: condo apartment for sale
$499,900
From the listing brokerage
NEW AND IMPROVED PRICE ADJUSTMENT! Welcome home to this 675 sqft 1 bed + den residence in Etobicoke's newest boutique landmark, Reina Condos - recently featured in the Globe and Mail for its thoughtful, livability-focused design. As the largest one-bedroom floorplan in the building, this thoughtfully laid out unit boasts a bright, open living area with floor-to-ceiling windows, upgraded semi-sheer blinds for pivacy, and extensive space for entertaining and relaxing. The versatile den features a sliding door providing a private retreat for a home office or second bedroom. At the heart of the home is a chef-inspired cooktop. The custom-built island with solid wood counters and seating offers flexible counter space for cooking and entertaining while providng significant additional under-counter storage. The primary bedroom showcases tranqulity and elegance with blackout blinds and a custom walk-in closet with ample storage and in-closet lighting opening directly into a private en-suite washroom finished in floor-to-ceiling marble tile with a full-size stacked washer/dryer. An at-grade parking permit is available with the unit, along with below-grade visitor parking for guests. Reina is an ownership-driven building offering a true sense of comminuty anchored by a great fitness centre along with a kids' play area, yoga rooom, outdoor barbeque, pet wash, and a stylish party room. Located on the The Queensway you're steps from iconic spots like San Remo Bakery and Tom's Dairy Freeze, with Mimico Go, Royal York TTC Station, and the Gardiner nearby. Experience modern, community-happy, expansive living at Reina Condos.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Approximate age | 0-5 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | Underground |
| Heating | Heat Pump |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $419 |
| Property tax | $2,366 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | North |
| Fee includes | Common Elements Included, Building Insurance Included, Water Included |
| Building amenities | Community BBQ, Concierge, Elevator, Gym, Party Room/Meeting Room, Visitor Parking |
| Balcony | Open |
| Laundry | In-Suite Laundry |
| Interior features | Carpet Free |
| Features | Hospital, Library, Park, Place Of Worship, Public Transit, School Bus Route |
| Floor | 3 |
Listing courtesy of ROYAL LEPAGE RCR REALTY. MLS® W13766374.
About this condo apartment
689 The Queensway 321 is a 2 bedroom condo apartment in TRREB's Stonegate-Queensway community in Toronto, listed for sale at $499,900. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces north. It comes with an underground garage according to the listing. The nearest main intersection given is The Queensway / Royal York Road. The age is listed as 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: community bbq, concierge, elevator, gym, party room/meeting room and visitor parking.
What it costs to buy 689 The Queensway 321
At the asking price of $499,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $499,900 |
|---|---|
| Ontario land transfer tax | $6,473 |
| Toronto municipal land transfer tax | $6,473 |
| Both taxes | $12,946 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $24,995 |
The down payment figure is the federal minimum: 5 percent of the price. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $419 a month |
|---|---|
| Property tax (2026) | $2,366 a year, about $197 a month |
| Fee and tax together | about $616 a month |
The listing says the maintenance fee includes common elements, building insurance and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $499,900, which is $50,100 below that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. Ask whether a space or a locker comes with the unit and whether one can be rented in the building.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 689 The Queensway 321
How much is land transfer tax on 689 The Queensway 321?
At the asking price of $499,900 the Ontario tax is $6,473 and the Toronto tax is $6,473, $12,946 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 689 The Queensway 321?
$24,995 at the asking price of $499,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 689 The Queensway 321?
The listing shows $419 a month, including common elements, building insurance and water. Check the current fee in the status certificate.
How much is the property tax on 689 The Queensway 321?
The listing shows $2,366 a year for 2026, about $197 a month.
Is 689 The Queensway 321 priced above or below the median?
It is listed at $499,900. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $50,100 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 689 The Queensway 321?
Use the form on this page or call us. Quote MLS® W13766374. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 689 The Queensway 321 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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