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    3for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    12
    Number of Units:
    123
    Condo Completion:
    2015
    Condo Demand:
    Medium
    Unit Size Range:
    400 - 966 SQFT
    Unit Availability:
    Medium

    Listing History for IQ Condos

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    Amenities

    Guest Suites
    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    Media Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1185 The QueenswayIQ Condos

    You don’t have to be a genius to be able to appreciate the IQ Condos at 1185 the Queensway. Constructed in 2015 by Remington Group, the building consists of two mid-rise towers connected by a shared podium.

    In addition to the 123 Toronto condos found at 1185 the Queensway, residents living in the building also have access to a generous lineup of amenities. Common spaces suited to active types include a gym with yoga studio and sauna, and an indoor pool and hot tub.

    Those more interested in playing the role of host can invite friends and family to spend time on the rooftop terrace, which is outfitted with barbecues and a fireplace, or the party room, which boasts a wet bar and caterer’s kitchen. Guests need not worry about parking, as there are plenty of visitor spots, and those who have traveled a long way can always stay overnight in one of the two guest suites. And in case the aforementioned features aren’t enough, the IQ Condos also boasts a games room, a pet spa, and a 24-hour concierge.

    The Suites

    The creators of the IQ Condos must have been inspired by nearby green spaces like Humber Bay Park and High Park. Each unit is named for one famous park or another, such as Stanley Park in Vancouver, Prospect Park in Brooklyn, and Griffith Park in Los Angeles.

    Prospective residents aren’t encouraged to choose a suite based on their favourite city. Those interested in the building do have plenty of options, though: 1185 the Queensway contains everything from studio homes to three bedroom units, which range from approximately 480 to 920 square feet.

    Remington Group kept the environment in mind when making choices for the IQ Condos. Floor-to-ceiling, wall-to-wall windows, for example, were created using energy-efficient glass; carpeting in bedrooms is CRI Green Label Certified; and the stainless steel appliances that grace the kitchens at 1185 the Queensway are Energy Star.

    Speaking of kitchens, granite countertops may not do much to help the planet, but they sure do look great. Prospective residents can also expect to find engineered hardwood flooring at 1185 the Queensway, as well as 9-foot ceilings on floors 2 through 11, and 10-foot ceilings on 1 and 12.

    The Neighbourhood

    Living right on the Queensway is extremely convenient, especially for those heading out to shop or grab a bit to eat. It doesn’t hurt, either, that 1185 the Queensway is situated directly in between a Costco and an IKEA. Also within close reach is the Cineplex Cinemas Queensway & VIP, and Sherway Gardens, an impressively large shopping centre.

    Islington & City Centre West is a popular choice for those looking for an alternative to downtown Toronto. This neighbourhood happens to be one of the GTA’s five central business districts, and as a result it’s been growing and growing in recent years, with no signs of slowing.

    Transportation

    It only makes sense that a central business district be accessible as possible. Residents living at 1185 the Queensway have plenty of options for getting around — car or no car. For those who would rather not drive, living so close to Islington Station on the Bloor-Danforth subway line comes in handy. This station takes about 20 minutes to reach via the 110 Islington bus, and from there passengers can ride east toward the city centre in no time.

    Those who drive, on the other hand, can also reach their destinations in a hurry. A trip over to Union Station may take as little as 15 minutes (when traffic cooperates) via the Gardiner Expressway. The Gardiner can also be used to reach the 427, a major north-south highway that offers access to the 401 and Pearson International Airport.

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    Explore Islington | City Centre West

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    23,799
    Average Individual Income
    $66,150
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,533
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    18%
    50 - 64
    21%
    65+
    21%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    32%
    Detached
    31%
    Semi Detached
    23%
    Low Rise Apartment
    7%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Other
    15%
    Mandarin
    12%
    Cantonese
    10%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Tamil
    1%
    Education
    University and Above
    38%
    High School
    24%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    19%
    Social Sciences
    13%
    Health & Related Fields
    12%
    Math & Computer Sciences
    7%
    Humanities
    4%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    IQ Condos vs The Islington | City Centre West Area

    Days on Strata

    Units at IQ Condos spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Islington | City Centre West

    Turnover of Units

    On average, each unit is owned for
    6
    YEARS before being sold again

    Property Value

    1%
    Increase in property value within the past twelve months

    Price Ranking

    12th
    Highest price per SQFT out of 58 condos in the Islington | City Centre West area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    IQ Condos offers the
    ?
    best value out of 58 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    IQ Condos has the
    ?
    highest ROI out of 58 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    IQ Condos yields the
    ?
    highest rent prices out of 58 condos in the Islington | City Centre West neighbourhood

    High Demand

    IQ Condos is the
    ?
    most popular building out of 58 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 1185 The Queensway

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$499,000 - $552,000$550,000 - $586,000$586,000 - $700,500No DataNo Data
    Avg. Cost Per SqftNo Data$944$885$856No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data44 Days38 Days134 Days94 DaysNo Data
    Ratio of Units in Building1%35%38%16%12%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Islington | City Centre West