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RE/MAX Premier Inc., Brokerage logo

Suzan McKenzie

RE/MAX Premier Inc., Brokerage

1885 Wilson Avenue Ste 200A, Toronto, Ontario, M9M1A2

Phone: 416-743-2000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/Reina Condos/A5

A5

Available1 resale · 2 rental

$549,000

$980/sq ft · Resale avg $915/sqft

1 Bed·1.0 Bath·560 sq ft·East·$980/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

560 sq ft

Exposure

East

1 / 3Next: B5
A5 Floor Plan at Reina Condos - 560 sq.ft
Click to enlarge

Floor Range: 3-5 | Unit Number: 05, 30

Price History

$530K$552K$575K$597K$619KSep 20May 21Feb 25

Launch Price

$530,000

$946/sq ft

Sep 28, 2020

Current Price

$549,000

$980/sq ft

▲$19,000 (+3.6%)

Comparable Listings Nearby

Beta

Similar 1 Bed condo units nearby

For Sale3 listings
689 The Queensway, Unit 318For SaleStrong Match

$614,000

689 The Queensway, Unit 318

1 Bed1 Bath600-699 sqft
<0.1 km·48d on mkt
7 Smith Crescent, Unit 518For SaleStrong Match

$499,950

7 Smith Crescent, Unit 518

1 Bed1 Bath500-599 sqft
0.4 km·Built 2023·45d on mkt
7 Smith Crescent, Unit 325For SaleStrong Match

$539,000

7 Smith Crescent, Unit 325

1 Bed1 Bath500-599 sqft
0.4 km·Built 2023·10d on mkt
For Rent6 listings
689 The Queensway, Unit 405For LeaseStrong Match

$2,250/mo

689 The Queensway, Unit 405

1 Bed1 Bath500-599 sqft
<0.1 km·7d on mkt
689 The Queensway, Unit 305For LeaseStrong Match

$2,200/mo

689 The Queensway, Unit 305

1 Bed1 Bath500-599 sqft
<0.1 km·67d on mkt
689 THE QUEENSWAY, Unit 429For LeaseStrong Match

$2,350/mo

689 THE QUEENSWAY, Unit 429

1 Bed1 Bath500-599 sqft
<0.1 km·2d on mkt
689 The Queensway, Unit PH807For LeaseStrong Match

$2,300/mo

689 The Queensway, Unit PH807

1 Bed1 Bath600-699 sqft
<0.1 km·5d on mkt
7 Smith Crescent, Unit 411For LeaseStrong Match

$2,150/mo

7 Smith Crescent, Unit 411

1 Bed1 Bath500-599 sqft
0.5 km·Built 2023·6d on mkt
7 Smith Crescent, Unit 501For LeaseStrong Match

$2,200/mo

7 Smith Crescent, Unit 501

1 Bed1 Bath500-599 sqft
0.5 km·10d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $549,000

(5%) $5,000.00 On Signing Balance to 5% - 30 days

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$22,450$27,450May 19, 2026
Total Deposit5.0%$27,450

560 sq ft × $0.59/sq ft = $330/mo

Add-ons

Monthly Mortgage (P&I)$2,328
Property Tax (est.)$297
Maintenance Fees$330
Total Monthly Cost$2,955
Est. Rental IncomeBeta−$2,350
Net Monthly Cost−$605

Down payment: $109,800 (20%) · Mortgage: $439,200

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Rental estimate based on median of nearby comparable units (beta).

Resale MarketLive MLS
Developer Price$549,000
Est. Resale$480,000
Market vs Developer-13%(below)
$/sqft $980→$861
Est. Rent (2)$2,350/mo
Est. Gross Yield5.1%

Active MLS Listings — Same Unit Type

689 The Queensway Street, Unit 505Sale

$489,000

689 The Queensway Street, Unit 505

1 Bed + Den87d on mkt
689 The Queensway, Unit 305Lease

$2,200/mo

689 The Queensway, Unit 305

1 Bed67d on mkt
689 The Queensway, Unit 405Lease

$2,250/mo

689 The Queensway, Unit 405

1 Bed7d on mkt

Building Market

For Sale
$915/sqft
10on MLS
48 avg DOM
$489K–$999K
Developer
$1,006/sqft
12available
$549K–$1.5M
For Rent
$3.69/sqft
64on MLS
23 avg DOM
$2K–$5K

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