1185 The Queensway Way 808, Toronto W08

$659,000
1185 The Queensway Way 808

$659,000

New
15d
Condo ApartmentApartment

1185 The Queensway Way 808, Toronto W08

Total Monthly Obligation $3,907

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
700-799
DOM
15d
Score
16
Yield
4.7%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-W13879264
Beds-2
Bathrooms-2
Size-700-799 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,783 (2025)
Maintenance-$816.57/mo
Locker-Owned
Parking-1 - Underground
Basement-None
Heating-Forced Air (Electric)
Brokerage-EXP 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

Sun-Filled Corner Suite W/ 2 Beds, 2 Baths & 799 Sq Ft! Floor-To-Ceiling Windows Throughout W/ Open Skyline Views. Large Wraparound Balcony W/ Walkout From Living Area. No Carpet Anywhere! Modern Kitchen W/ Granite Counters, Breakfast Bar & S/S Appliances. Open Dining Area Framed By Windows. Primary Bedroom W/ Ensuite & Mirrored Closet. Corner 2nd Bedroom W/ Windows On 2 Sides. Bath W/ Glass-Enclosed Shower. Entry Hall W/ Double Closets. Parking & Locker Included! Amenities Include Indoor Pool, Gym, Yoga Studio, Party Room & Rooftop Terrace W/ BBQs & Cabanas. Landscaped Courtyard W/ Circular Drop-Off. Retail At Your Doorstep. Steps To TTC, Shops & Dining On The Queensway. Mins To Gardiner, QEW, Hwy 427 & Sherway Gardens! Book a showing today! Do checkout the virtual tour.

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

Closing Costs

Mortgage Amount
$527,200
Land Transfer Taxes$9,655
Legal Fees (Est.)
$
Total cash required for closing$142,955

Total Monthly Obligation

$3,907/mo
Mortgage $2,658
Monthly Loss $3,207
Principal$700
Interest$1,959
Property Tax$232
Condo Fees$817
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.3%0
5-Year IRR
5.3%12
10-Year IRR
7.2%
Returns Index
7.2/ 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
$31,080/yr
NOI
$12,990/yr
Net Cash Flow
-$1,576/mo
Cash Margin
-60.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
20.4/ 100

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

Comparables

Properties near 1185 The Queensway Way 808

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.