The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
ATTENTION INVESTORS! An exceptional Live/Work freehold townhouse along The Queensway, this prime property offers an unbeatable turn-key opportunity for savvy investors and business owners alike. This building boasts three completely distinct entrances for the main-floor workspace, the upper residential suite, and the lower-level unit. Wake up every morning and walk downstairs (or upstairs) to work. The ground floor is currently outfitted as a hair salon with private powder room for customers. The upstairs features open concept living, soaring ceilings, 2 walk out balconies, 2 walk in closets, high end appliances, ensuite laundry and sleek finishes. Downstairs, a completely renovated 2024 turn-key 1-bedroom basement suite adds further potential, complete with high ceilings, built-in storage, top of the line appliances, en-suite laundry, and key safety features ready for legal apartment conversion. With 2 dedicated parking, strong structural bones, and endless flexibility, 960A The Queensway represents a rare, low-maintenance portfolio addition designed for immediate cash flow and strong long-term appreciation. Includes two professional shampoo stations/sinks that can remain for turn-key salon use or be removed upon request. Some photos have been virtually staged to show potential.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$6,753/mo
Mortgage (principal + interest)$6,318
Property taxFrom listing: $5,218/yr$435
Minimum 20% ($337,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$337,800
Ontario land transfer taxProvincial brackets, no first-time refund$30,255
Toronto land transfer taxMunicipal brackets, no first-time refund$30,255
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$401,110
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
