Published 24 August 2026 · Updated 5 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
The East Mall has fewer condominiums than the listing sites suggest. Queenscourt is a genuine 697-unit corporation. 557 The East Mall is a co-operative. And four addresses filed as condominiums are purpose-built rentals that cannot be bought at all.
None of them is walkable to a subway — the nearest station measures 34 to 51 minutes on foot.
Queenscourt: one corporation, four addresses, 697 units
York Condominium Corporation No. 340, registered 22 July 1977. Eighteen storeys. Developed by Vienkuhl Construction, managed by General Property Management.
The four civic addresses — 362, 364 and 366 The East Mall, plus 2 Valhalla Inn Road — are all one corporation. An independent corporation directory returns YCC 340 for each of them separately, each with its own postal code, which is stronger confirmation than I get on most buildings.
That matters practically: one board, one budget, one reserve fund across all four. Whatever happens at one address is financially shared by owners at the other three.
Hydro is not included in the fee, and here both of the database’s fields agree — cable TV, air conditioning, common element, heat, building insurance, parking and water. Agreement between those two fields is uncommon enough to be worth stating.
The fee anomaly. Unit 332 sits in the 1,400–1,599 square foot band and unit 108 in the 1,200–1,399 band — and both show a monthly fee of exactly $1,066. Identical fees across two different size bands is not what a per-square-foot fee schedule produces. Verify before deriving any rate.
The suite range does not contain its own listings. The published range is 1,344 to 1,508 square feet, while live listings appear in the 1,200–1,399 and 1,400–1,599 bands — both of which extend outside it. Measure the actual unit.
What this building has actually traded for: the last 12 months
Resales and leases recorded on the TRREB MLS® System for 557 The East Mall, 5 October 2025 to 5 October 2026.
Only 1 resale closed on MLS here in the past 12 months — too few to quote a reliable median.
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.
557 The East Mall is a co-operative
Two separate listings carry the structured property type “Co-Op Apt”, and one broker’s own description calls it a co-op apartment in plain words. This is the sixth co-operative I have confirmed in Etobicoke.
There is no condominium corporation number, and there should not be — co-operatives are not registered under the Condominium Act and do not receive one.
The fee includes property taxes, along with heat, hydro, parking and water. Observed monthly figures were $546 and $628. On the stated size band that is roughly $0.63 to $0.70 per square foot — and that number is inclusive of your property tax bill.
Which is why comparing it against a condominium fee straight across gets the answer backwards. Before you decide the condo down the road is cheaper, add its annual property tax and its hydro to its side of the page.
What is not known about 557: the co-operative’s legal name, the storey count, the unit count, the year built, the developer and the property manager. Unit numbers seen in listings run to 507, so at least five storeys. That thinness is itself characteristic of co-operative tenure — these buildings sit outside the condominium data infrastructure entirely.
And the standing warning: co-operative ownership generally constrains mortgage financing, because a lender secures against shares rather than a deeded unit. No source states a financing restriction for this specific building, so I am not asserting one — but it is the first call to make, before you offer.
These are filed as condominium buildings by at least one major database. They are rentals.
- 580 The East Mall — operated as a rental, with its own rental website advertising rent-controlled living. One database calls it a sixteen-storey condominium and gives a registration date of 1 January 1972. A January-first value with no corporation number behind it is a placeholder, not a date — and here it is a useful tell that no corporation record exists.
- Serrano at Village Gate West, 5191 Dundas St W — a purpose-built rental by Concert Properties, per the developer’s own site. Same placeholder-date pattern: “1 January 2007”.
- Palomar at Village Gate West, 3 Summerland Terrace — rental.
- Sierra at Village Gate West, 7 Summerland Terrace — rental, with no building record at all.
And “11 Dunbloor Road” is not a building. It is a second civic address for Serrano. Two confirmations: a listing’s own virtual-tour file is named for Serrano, and a rental site serves the Dunbloor address under the Serrano name. OpenStreetMap has no Dunbloor Road in that area at all.
If you are searching this area and one of these appears in your results as a condominium for sale, that is a data error, not an opportunity.
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.
The transit reality on The East Mall
Routed 24 August 2026 on the OpenStreetMap pedestrian network with the OSRM walking profile.
| Building | Nearest subway (Kipling) | Islington | Nearest bus |
|---|---|---|---|
| Queenscourt, 362 The East Mall | 2,590 m · 34.5 min | 45.6 min | 91 m · 1.2 min |
| 402 The East Mall | 3,057 m · 40.8 min | 47.6 min | 78 m · 1.0 min |
| 557 The East Mall | 3,791 m · 50.6 min | 57.3 min | 90 m · 1.2 min |
Kipling is the nearer subway for all three, and none of them is walkable to it. This is a bus-first area, and on that measure it does well — every building here has a stop within about a minute of the door.
The honest framing for The East Mall is a car-and-bus location with excellent local service, priced accordingly. Any listing that presents these as station-adjacent is describing a drive.
402 The East Mall, and a caution
One listing exists at this address — unit 315, a condominium townhouse with a monthly fee of $537.71 on a 1,200–1,399 square foot band, 2025 taxes of $4,501.85, and a stated building age of nought to one year.
There is no building record: no corporation number, no storey count, no unit count, no developer, no manager, no fee inclusion list.
And a scope caution worth stating: it geocodes about 250 metres from 400 The East Mall, which is the 4Hundred East Mall Urban Townhomes complex I have written up separately. It may be the same development under a second civic number. Confirm which corporation you would be joining before treating it as a distinct building.
Not verified anywhere in this report: any twelve-month value change or sales count for any building, and any published fee rate per square foot — the source that carries those was unreachable throughout. Queenscourt’s registration date rests on a single source, though its corporation number is confirmed four ways. Neighbourhood assignment for the East Mall addresses is disputed three ways between sources, and I could not reach an authoritative City boundary file to settle it.
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Frequently asked questions
Is Queenscourt one condominium or four buildings?
One corporation — York Condominium Corporation No. 340 — spanning four civic addresses: 362, 364 and 366 The East Mall plus 2 Valhalla Inn Road. An independent corporation directory returns YCC 340 separately for all four addresses, each with its own postal code, which is unusually strong confirmation. Eighteen storeys and 697 units in total, registered 22 July 1977.
Is 557 The East Mall a condominium?
No. Two separate listings carry the property type “Co-Op Apt”, and one broker’s own description calls it a co-op apartment outright. It is the sixth co-operative I have confirmed in Etobicoke. There is no condominium corporation number for it, which is what you would expect — co-operatives are not registered under the Condominium Act and do not get one.
What does the fee at 557 The East Mall cover?
Heat, hydro, parking, water and property taxes. One listing describes the fee as including all utilities and property taxes. Observed monthly figures were $546 and $628, which on the stated size band works out to roughly $0.63 to $0.70 per square foot — inclusive of taxes. That makes it look expensive against a condominium fee and it is not, because the condominium owner pays their tax bill separately.
Can you walk to a subway from The East Mall?
No, and it is not close. Queenscourt measured 2,590 metres and 34.5 minutes to Kipling, its nearest station. 402 The East Mall is 40.8 minutes and 557 The East Mall is 50.6 minutes. Any copy presenting these as Islington or Kipling station properties is unsupportable. What they do have is a bus stop within about a minute of each door.
Which East Mall buildings are not condominiums at all?
Four. 580 The East Mall is operated as a rental by a property management company, with its own rental website — while one database calls it a high-rise condo with a registration date of 1 January 1972, which is a placeholder rather than a date. And the three Village Gate West buildings — Serrano at 5191 Dundas St W, Palomar at 3 Summerland Terrace and Sierra at 7 Summerland Terrace — are purpose-built rentals by Concert Properties.
Is 11 Dunbloor Road a separate building?
No — it is an alternate civic address for Serrano at Village Gate West, which is a rental. Two independent confirmations: a listing’s own virtual tour file is named for Serrano, and a rental site serves the Dunbloor address under the Serrano name. There is no Dunbloor Road in OpenStreetMap in that area at all. Do not treat it as a building you can buy into.
Sources
- condos.ca — Queenscourt, 362-366 The East Mall and 2 Valhalla Inn Rd. Corporation number, registration date of 22 July 1977, eighteen floors, 697 units, Vienkuhl Construction as developer, General Property Management as manager, and the fee inclusion list excluding hydro. Accessed 24 August 2026.
- GTA Condo — corporation records for all four Queenscourt addresses. Independent confirmation that 362, 364 and 366 The East Mall and 2 Valhalla Inn Rd all belong to York Condominium Corporation No. 340, each with its own postal code. Accessed 24 August 2026.
- condos.ca — 557 The East Mall. The “Co-Op Apt” property type on units 302 and 502, the broker description of the unit as a co-op apartment, and the fee inclusions covering heat, hydro, parking, water and property taxes. Accessed 24 August 2026.
- condos.ca — 580 The East Mall. The record describing this address as a high-rise condominium with a 1 January 1972 registration date and blank corporation, developer and management fields. Accessed 24 August 2026.
- Concert Properties — Serrano at Village Gate West. The developer and operator’s own site establishing Serrano as a purpose-built rental building. Accessed 24 August 2026.
- OSRM foot routing on the OpenStreetMap network. The routing engine and walking profile used for every distance and duration here, measured 24 August 2026. Accessed 24 August 2026.
- Ontario Condominium Act, 1998 — status certificates. The ten-day deadline and the $100 fee cap for a status certificate. Accessed 24 August 2026.
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.
Related reading
- Kingswood, Kingsway on the Park, Westerly and ConneXion: condos near Islington station
- 346 The West Mall: Etobicoke’s second confirmed co-operative
- 151 La Rose Avenue: the Etobicoke building that is not a condominium
- Lakeshore Towers: a Long Branch co-operative, not a condominium
- The status certificate in Ontario, explained
About the author — Jatin Dua, Etobicoke real estate agent
I’m the Broker of Record at RE/MAX Quantum Realty, 799 The Queensway in Etobicoke, a few minutes from every building on this page. I work with buyers, sellers and investors across Mimico, Humber Bay Shores, New Toronto, Long Branch, Alderwood and the Stonegate–Queensway corridor. I write these building guides the way I’d brief a client at my own kitchen table: what is documented, what isn’t, and where the published numbers disagree with each other.
Questions about a specific suite? [email protected] or 833-330-1925.