MLS® listing
689 The Queensway 709: condo apartment for sale
$423,000
From the listing brokerage
Welcome To Suite 709 - A Smartly Designed 620 Sq. Ft. One-Bedroom Plus One Den Offering Efficient, Modern Living With A Functional, Well-Laid-Out Floor Plan. Bright, Open-Concept Living And Dining Areas Create A Comfortable Flow And Make The Most Of The Space. The Kitchen Features Sleek Upgraded Cabinetry, Upgraded Stovetop And Ample Storage, Seamlessly Connected To The Main Living Area, Perfect For Both Everyday Use And Entertaining. The Primary Bedroom Is Well-Sized, While The Versatile Den Can Easily Serve As A Home Office, Guest Space, Or Flex Area Depending On Your Needs. A Modern Upgraded Bathroom And Convenient In-Suite Laundry Complete The Suite. Set Within One Of The City's Most Distinctive Boutique Buildings, This Unit Offers A Great Balance Of Style And Functionality In A Prime Urban Location. Reina Condos Is A Newer Boutique Residence On The Queensway With Just 200 Suites, Showcasing Clean, Contemporary Design. Amenities Include A Gym, Kids Playroom, Community Room, Sound Room, Games Room, Library, Pet Wash, And More. Residents Can Also Enjoy Outdoor Spaces With A BBQ Area, Lounge, And Kids Zone. Just A Short Walk To Mimico GO Station With Easy Access To The Gardiner, And Surrounded By Shopping, Dining, And Parks-This Is City Living Done Right.
Facts on the listing
| Square feet | 600-699 |
|---|---|
| Approximate age | New |
| Style | Apartment |
| Basement | None |
| Parking spaces | 0 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Maintenance fee | $380 |
| Property tax | $1 |
| Tax year | 2026 |
| Locker | None |
| Pets | Yes-with Restrictions |
| Exposure | West |
| Fee includes | Common Elements Included, Building Insurance Included |
| Building amenities | Bike Storage, Community BBQ, Concierge, Gym, Party Room/Meeting Room, Visitor Parking |
| Balcony | Juliette |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | Carpet Free, Primary Bedroom - Main Floor |
| Floor | 7 |
Listing courtesy of CAPITAL NORTH REALTY CORPORATION. MLS® W13848106.
About this condo apartment
689 The Queensway 709 is a 1 bedroom condo apartment in TRREB's Stonegate-Queensway community in Toronto, listed for sale at $423,000. The listing shows 1 bathroom and 600-699 square feet. The style is given as apartment. The unit faces west. The listing shows no parking space. The nearest main intersection given is The Queensway/Royal York. The age is listed as New 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: bike storage, community bbq, concierge, gym, party room/meeting room and visitor parking.
What it costs to buy 689 The Queensway 709
At the asking price of $423,000, 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 | $423,000 |
|---|---|
| Ontario land transfer tax | $4,935 |
| Toronto municipal land transfer tax | $4,935 |
| Both taxes | $9,870 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $21,150 |
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 | $380 a month |
|---|---|
| Property tax (2026) | $1 a year, about $0 a month |
| Fee and tax together | about $380 a month |
The listing says the maintenance fee includes common elements and building insurance. 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 $423,000, which is $127,000 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. 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 709
How much is land transfer tax on 689 The Queensway 709?
At the asking price of $423,000 the Ontario tax is $4,935 and the Toronto tax is $4,935, $9,870 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 709?
$21,150 at the asking price of $423,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 689 The Queensway 709?
The listing shows $380 a month, including common elements and building insurance. Check the current fee in the status certificate.
How much is the property tax on 689 The Queensway 709?
The listing shows $1 a year for 2026, about $0 a month.
Is 689 The Queensway 709 priced above or below the median?
It is listed at $423,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $127,000 lower. The median covers all sizes and neighbourhoods.
How do I book a showing for 689 The Queensway 709?
Use the form on this page or call us. Quote MLS® W13848106. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 689 The Queensway 709 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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