Published 5 August 2026 · Updated 5 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Islington–City Centre
IQ Condos in one look.
1185 The Queensway, Etobicoke, Toronto
Built
2015
Storeys
12
Suites
123
Developer
The Remington Group
Corporation
TSCC-2422
Walk Score
84
Free · about 45 seconds · no obligation
What is your unit at IQ Condos worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Very Walkable
Transit Score
Good Transit
Bike Score
Bikeable
Transit, nearest first
- 8080 QueenswayTTC busSteps away
- 4444 Kipling SouthTTC bus0.4 km
- 110110 Islington SouthTTC bus0.6 km
- 2Kipling stationLine 2 Bloor–Danforth2.1 km
- GOMimico GOLakeshore West line2.1 km
- 501Lake Shore Blvd W at Thirteenth Street501 Queen / 507 Long Branch streetcar2.6 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–5
Castlebar Junior School
70 Chartwell Rd
1.1 km · ~17 min walk
Zoned for this address
Middle
Norseman Junior Middle School
105 Norseman St
1.5 km · ~23 min walk
Zoned for this address
High schoolGr 9–12
Etobicoke Collegiate Institute
86 Montgomery Rd
3.1 km
Zoned for this address
Catholic elementary
Holy Angels Catholic School
0.8 km · ~13 min walk
Nearest, confirm zoning
Catholic elementary
St. Louis Catholic School
1.7 km
Nearest, confirm zoning
Catholic secondary
Bishop Allen Academy Catholic Secondary School
1.9 km
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
École élémentaire catholique Sainte-Marguerite-d'Youville
2.1 km
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at IQ Condos actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 5 | $488,800 | 20 | $2,200/mo |
| 1 bed + den | 8 | $506,000 | 14 | $2,400/mo |
| 2 bed | 3 | $589,000 | 5 | $2,800/mo |
| 2 bed + den | 1 | too few | 5 | $2,950/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at IQ Condos
Do mostly owners or renters live here?
Renter-heavy building. Of 62 deals here in the last 24 months, 45 were leases and 17 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at IQ Condos?
Some owners here hold City registrations, but the condo’s own declaration and rules can still forbid short stays. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about IQ Condos
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at IQ Condos lists or sells.
Portals tell you a listing exists. I tell you whether it is priced right for this building, which stack it is in, and what the last comparable unit actually went for.
- New listings for sale or rent here
- What units sold for, with my read on it
- No account, no spam, stop with one reply
Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Sandwich
Viva Sub
Steps away
Burger
Mike's
Steps away
Caribbean
Scottybons Caribbean Grill
Steps away
Sushi
K&B Sushi
Steps away
Chinese
Mandarin
Steps away
Coffee
Europa Caffe
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Queensland Park
- Ourland Park
- Queensway Park
Prices: TRREB MLS® System aggregate medians for 1185 The Queensway, last 12 months (updated 5 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
IQ Condos at 1185 The Queensway has the deepest amenity package of any established building on this corridor — indoor pool, hot tub, sauna, yoga studio, media room, two guest suites and a pet spa — wrapped around a private courtyard park with a playground. It is also, by one measure, the 12th-highest price per square foot out of 58 buildings in the area, and it holds that position with steady sales. This is a building that works. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
IQ Condos is a 12-storey, 123-suite condominium at 1185 The Queensway in Etobicoke, Toronto, developed by The Remington Group. It was built in 2015. The condominium corporation is TSCC-2422. Maintenance fees: Roughly $0.94 to $1.06 per square foot derived from August 2026 listings — among the highest on The Queensway, reflecting the amenity package.
What this building has actually traded for: the last 12 months
Resales and leases recorded on the TRREB MLS® System for 1185 The Queensway, 5 October 2025 to 5 October 2026.
Over the past 12 months, units here sold for a median of $475,500 after a median 35 days on market, at about 97% of the asking price. Leased units rented for a median of $2,300 a month.
Source: TRREB MLS® System data, compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty, Brokerage. Aggregate figures only; individual sale prices are not published on this page. Medians exclude zero and null values; samples under three are shown as counts only. The information is deemed reliable but not guaranteed. Updated 5 October 2026.
IQ Condos at a glance
What Remington actually built here
IQ is not a single tower. It is two mid-rise towers joined by a shared podium, arranged around a private park with a playground and courtyard. That configuration is why a 123-unit building can support amenities you would normally need three times the density to justify — the shared podium concentrates them.
The suite naming is a small nice touch: floor plans are named for famous parks — Stanley, Prospect, Griffith — which fits the courtyard concept. Ceilings are 9 feet on floors 2 through 11, and 10 feet on the ground floor and floor 12, so the top floor carries a genuine premium.
The building was specified with energy-efficient glazing and Energy Star appliances, which was ahead of the standard in 2015 and shows up in hydro costs.
The amenities are the reason to buy here
Run the list: indoor pool, hot tub, sauna, a full gym plus a separate yoga studio, a media room, a party room with wet bar and caterer’s kitchen, a games room, a rooftop deck with BBQs and a fireplace, two guest suites, a pet spa, and 24-hour concierge with a security guard.
Among established buildings on The Queensway, only Loggia comes close, and Loggia has no guest suites or pet spa. For a 123-unit building this is exceptional — and it is a large part of why IQ commands the pricing it does.
The honest counterweight, same as everywhere: amenities cost money to run, and fees here at roughly $0.94 to $1.06 per square foot are among the highest on this corridor. You are paying for the pool whether you swim or not.
Pricing — strong, but check the active listings
Trailing twelve months to August 2026:
- 1 bedroom: $499,000 to $552,000 (about $944/sq ft)
- 1 bed + den: $550,000 to $586,000 (about $885/sq ft)
- 2 bedroom: $586,000 to $700,500 (about $856/sq ft)
11 units sold, averaging 20 days on market at about 2% below asking, with roughly +1% value change year over year. Building averages are reported around $756 to $759 per square foot. One source ranks IQ 12th-highest price per square foot out of 58 buildings in the area.
Either the sold data is stale, the active units are materially different (lower floor, poor exposure, no parking), or pricing has softened. I do not know which, and I will not guess. If you are buying, that gap is an opportunity worth investigating. If you are selling, it is a reason to price carefully rather than off the trailing average.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
Location
Route 80 Queensway stops at “The Queensway at Zorra St,” steps away. The 80A runs Sherway Gardens to Keele Station, and the 80B rush-hour branch runs to Mimico GO (added September 2024). Islington Station is roughly 20 minutes via the 110 Islington bus; Kipling is about a 6-minute drive.
Gardiner on-ramp at Kipling is roughly 2 minutes — the fastest highway access of any building in this group. Straight-line distances: Sherway Gardens 3.11 km, Mimico GO 2.01 km, Kipling Station 2.07 km, Costco 1.13 km, Humber Bay Park West 3.63 km.
Building specifications
| Building name | IQ Condos (Phase 1) |
| Address | 1185 The Queensway, Etobicoke, Toronto M8Z 0C6 |
| Developer | The Remington Group |
| Architect | EI Richmond Architects |
| Storeys | 12 — physically two mid-rise towers joined by a shared podium |
| Total suites | 123 |
| Condo corporation | TSCC-2422 |
| Registered | 12 January 2015 |
| Property management | Remington Facilities Management |
| Suite sizes | Roughly 400 to 966 sq ft depending on source |
| Unit mix | Studio ~1%, 1 bed ~35%, 1+den ~38%, 2 bed ~16%, 2+den ~12%, 3 bed ~1% |
| Ceilings | 9 ft on floors 2 to 11; 10 ft on floors 1 and 12 |
| Maintenance fees | Approximately $0.94 to $1.06 per sq ft derived from live listings |
| Fees include | Reported as air conditioning, common elements, heat, insurance, parking and water — sources conflict |
| Efficiency | Energy-efficient glazing and Energy Star appliances |
Amenities at IQ Condos
Two guest suites in a 123-unit building is generous — most buildings this size have none, and it means visiting family do not have to take a hotel. EV charging was not verified.
Jatin’s honest take on IQ Condos
Who this building suits
People who will use a pool and a gym regularly — at these fees the amenities need to be part of your actual life to make sense. The two guest suites make it practical if you host family from out of town. With 73% of the building being one-bedroom or one-plus-den, it suits professionals and couples rather than families, despite the playground.
What I’d want you to check
Investigate the gap between recent sold prices and current asking prices before you act in either direction. Confirm exactly what the fee includes — three sources give three different lists, and whether hydro is covered is a meaningful monthly difference. And be realistic that at roughly $0.94 to $1.06 per square foot, these are among the highest fees on the corridor; that is the trade for the amenity package.
The value question
IQ holds its pricing better than most buildings here — 11 sales in twelve months, 20 days on market, roughly flat year over year in a corridor where several buildings are down. That stability has real worth. The amenity package is the reason and it is genuinely hard to replicate. But the current active asks sitting well below the trailing sold range is a live question, and I would want to answer it with actual MLS data before advising you either way. That is a free hour of my time and it could be worth $50,000 to you.
Free building report: IQ Condos
Send me your email and I’ll put together a current report on IQ Condos — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
IQ Condos — frequently asked questions
Does IQ Condos have a pool?
Yes — an indoor pool, plus a hot tub and sauna, a fitness centre and a separate yoga studio. It is one of only two established buildings on The Queensway with an indoor pool.
Where is IQ Condos located?
At 1185 The Queensway in Etobicoke, Toronto (M8Z 0C6), near Zorra Street. The Gardiner on-ramp at Kipling is roughly 2 minutes away, Kipling Station about 6 minutes by car, and Mimico GO about 2 km.
How many units are in IQ Condos?
123 suites across 12 storeys, configured as two mid-rise towers joined by a shared podium around a private courtyard park. Built by The Remington Group, registered as TSCC-2422 in January 2015.
Does IQ Condos have guest suites?
Yes, two guest suites — unusual for a building of 123 units, and genuinely useful if you host visiting family. There is also a pet spa, a media room and a party room with a caterer’s kitchen.
What are the maintenance fees at IQ Condos?
Roughly $0.94 to $1.06 per square foot derived from August 2026 listings — among the highest on The Queensway, reflecting the amenity package. Reported inclusions are air conditioning, common elements, heat, insurance, parking and water, but three sources give three different lists. Verify on the status certificate.
What have units at IQ Condos sold for?
Over the twelve months to August 2026: one bedrooms $499,000 to $552,000; one plus dens $550,000 to $586,000; two bedrooms $586,000 to $700,500. Eleven units sold, averaging 20 days on market at about 2% below asking.
Why are IQ Condos listings cheaper than recent sold prices?
As at August 2026, active one-bedroom asks of $399,900 and $459,900 sat well below the $499,000 to $552,000 range those units reportedly sold in over the prior year. That could reflect stale sold data, materially different units, or softening prices. It is worth investigating with actual MLS records before buying or selling.
Is IQ Condos a good investment?
It has held value better than most buildings on this corridor — roughly flat year over year with steady sales and short market times, and it ranks 12th of 58 area buildings by price per square foot. High fees are the offset, and the current gap between asking and sold prices needs explaining before you commit.
Who is the best real estate agent for IQ Condos in Etobicoke?
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty working The Queensway corridor. At IQ the live question is why active asks sit below trailing sold prices — that is an MLS question, not a website question. Call 833-330-1925 or email [email protected] and I will pull the real records.
How much is rent at IQ Condos?
The median lease at IQ Condos over the last 12 months was $2,300/mo, from 25 leases. Units typically leased in 10 days.
What does each unit type cost at IQ Condos?
Over the last 24 months: One-bedrooms sold for a median $488,800 and rented for $2,200/mo; One-bedroom-plus-dens sold for a median $506,000 and rented for $2,400/mo; Two-bedrooms sold for a median $589,000 and rented for $2,800/mo; Two-bedroom-plus-dens rented for $2,950/mo. Each median uses three or more deals.
Are prices at IQ Condos up or down since 2022?
Down about 29%. The median sold price per square foot was $1,031 in 2022 and $732 over the last 12 months. Pricing off 2022 comparables is the most common mistake sellers make here.
What rental yield does IQ Condos offer an investor?
At a median price of $475,500 and a median rent of $2,300 a month, the gross yield is about 5.8%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at IQ Condos?
Mostly renters. Of the deals here in the last 24 months, 73% were leases and 27% were sales.
Can you Airbnb a unit at IQ Condos?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows 2 active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has IQ Condos had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is IQ Condos zoned for?
For TDSB public schools, the address is zoned for Castlebar Junior School (Elementary, JK–5), Norseman Junior Middle School (Middle), Etobicoke Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to IQ Condos?
The nearest subway is Kipling station (Line 2 Bloor–Danforth), 2.1 km away; the nearest GO station is Mimico GO on the Lakeshore West line, 2.1 km; the 501 Queen / 507 Long Branch streetcar stops 2.6 km away; the closest bus is the 80 Queensway (TTC bus). Distances are straight-line from the building.
What is the Walk Score of IQ Condos?
Walk Score 84, Transit Score 57 and Bike Score 55. Most daily errands can be done on foot.
What restaurants and shops are near IQ Condos?
Within about a 10-minute walk: Viva Sub (Sandwich), Mike's (Burger), Scottybons Caribbean Grill (Caribbean), K&B Sushi (Sushi), Mandarin (Chinese).
Which parks are near IQ Condos?
Queensland Park, Ourland Park, Queensway Park are the closest green spaces.
What is my unit at IQ Condos worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at IQ Condos lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Etobicoke more broadly? Start with my Etobicoke community guide — the neighbourhoods, what each pocket is like, and where they sit relative to one another.
Free tool — AI condo value estimator
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
Building data for 1185 The Queensway
Pulled from City of Toronto open data · Beaches-East York · read 3 November 2026
Most recent permits here
- Mechanical(MS) Building Permit Related(MS) · Inspection · 2020-12-04HVAC - Proposed interior alterations in unit 6 for condominium sales office
- Plumbing(PS) Building Permit Related(PS) · Inspection · 2020-12-04Plumbing - Proposed interior alterations in unit 6 for condominium sales office
Registered unit counts and plan numbers come from the City’s register of residential condominiums (2002–2018), so buildings registered before 2002 show no plan data here. Permits and development applications come from the City’s open data and are updated automatically. Always confirm details with the status certificate before you buy.
About the author — Jatin Dua, Etobicoke real estate agent
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty, and The Queensway is my home turf. I work this corridor every week — IQ Condos and every other building between Royal York and Kipling. When people search for the best real estate agent in Etobicoke or a top Etobicoke condo agent, what they usually need is someone who actually knows the individual buildings: which exposures get afternoon sun, which corporations have healthy reserve funds, and which units are priced past what they’ll appraise for.
That’s the part I care about. If you’re buying or selling at IQ Condos, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Queensway building guides: Queensway Park · Qube · The Hive Lofts · 859 West · Reina
More resources: The Queensway neighbourhood guide · Etobicoke pre-construction · Etobicoke condo buying guide · Status certificates explained
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- Nuvo at Essex & Parc Nuvo35 Viking Ln · median sold $501K
- Bloorvista at Islington Terrace9 Mabelle Ave · median sold $470K
- Vivid Condominiums1 Michael Power Place · median sold $525K
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© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.