$1,689,000
For sale: Townhouse

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.
Sold data
Townhouse homes in Toronto (Stonegate-Queensway) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 46, across 584 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.
The median sale price was $788,400.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 16% of sellers reduced their price before finding a buyer.
Based on 584 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Stonegate-Queensway) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,445,000
Townhouse59 ALTON CRESCENT, Uplands, Vaughan

$1,635,000
Townhouse2 - 169 JONES AVENUE, South Riverdale, Toronto

$1,399,999
Townhouse5B - 405 CROSSING BRIDGE PLACE, Aurora Estates, Aurora

$1,729,000
Detached853 KOWAL DRIVE, Lorne Park, Mississauga

$1,789,000
Detached37 CHERRY POST CRESCENT, Markland Wood, Toronto

$1,450,000
Detached456 SUMMERIDGE DRIVE, Patterson, Vaughan

$1,589,900
Detached97 ORIOLE PARKWAY, Yonge-St. Clair, Toronto

$1,800,000
Detached234 YORK MILLS ROAD, St. Andrew-Windfields, Toronto