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For saleMLS® W13876576

580 The Queensway, Toronto, ON M8Y 1J9

Stonegate-Queensway · W07 · M8Y 1J9

$1,950,000

4 weeks on market

Lot
74.64 × 96.16 ft

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About this property

DEVELOPMENT POTENTIAL ALREADY IN MOTION. Much of the groundwork has already been completed, with extensive engineering, environmental, grading, servicing, and design studies in place, providing a clear pathway toward future development. Occupying a prominent 74.64 x 96.16 ft. parcel in the highly sought after Park Lawn & Queensway corridor, this is more than a development site; it's an opportunity to participate in the ongoing transformation of one of Toronto's most desirable urban markets. Located minutes from downtown Toronto, the Gardiner Expressway, Mimico GO Station, TTC transit, waterfront amenities, and major employment centres, the property benefits from exceptional connectivity and enduring demand. With future density potential and continued investment reshaping the surrounding neighbourhood, this offering represents a compelling opportunity to create lasting value in a location defined by growth, convenience, and vision. A rare opportunity for developers, builders, and investors to secure a strategic foothold in one of the GTA's most dynamic urban corridors.

Property details

Property

Property type
vacant land
Lot size
74.64 × 96.16 ft
Zoning
RD(f13.5;a510;d0.45)
Possession
Flexible

Interior

Exposure
South

Costs

List price
$1,950,000
Property taxes
$5,923 / year (2026)

Listing

MLS® number
W13876576
Status
For sale
Listed
October 8, 2026
Days on market
28
Last updated
October 26, 2026
Listing brokerage
THE AGENCY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 63% of comparable vacant land listings in Toronto are asking less.

$1Median $1.30M$6.60M

Based on 95 comparable active vacant land listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $390,000
$390,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$8,625.51
Property tax (est.)
$493.62
Estimated monthly
$9,119

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$35,475
Toronto municipal
$35,475
Total due on closing
$70,950

An estimate on the asking price of $1,950,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of THE AGENCY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,950,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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