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
The Hive Lofts in one look.
892 The Queensway, Etobicoke, Toronto
Built
2014
Storeys
6
Suites
18
Corporation
TSCC-2409
Walk Score
92
Free · about 45 seconds · no obligation
What is your unit at The Hive Lofts 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
Walker's Paradise
Transit Score
Good Transit
Bike Score
Bikeable
Transit, nearest first
- 8080 QueenswayTTC busSteps away
- 110110 Islington SouthTTC bus0.3 km
- 1515 EvansTTC bus0.6 km
- GOMimico GOLakeshore West line1.5 km
- 501Lake Shore Blvd W at Burlington Street501 Queen / 507 Long Branch streetcar2.1 km
- 2Kipling stationLine 2 Bloor–Danforth2.4 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
0.7 km · ~11 min walk
Zoned for this address
Middle
Norseman Junior Middle School
105 Norseman St
1.1 km · ~17 min walk
Zoned for this address
High schoolGr 9–12
Etobicoke Collegiate Institute
86 Montgomery Rd
2.9 km
Zoned for this address
Catholic elementary
Holy Angels Catholic School
0.6 km · ~9 min walk
Nearest, confirm zoning
Catholic elementary
St. Louis Catholic School
0.9 km · ~14 min walk
Nearest, confirm zoning
Catholic secondary
Bishop Allen Academy Catholic Secondary School
1.2 km · ~19 min walk
Nearest, confirm zoning
French-language · MonAvenir (Catholic)
École élémentaire catholique Sainte-Marguerite-d'Youville
1.4 km · ~22 min walk
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.
Living here
Renters, Airbnb and elevators at The Hive Lofts
Do mostly owners or renters live here?
Too few deals in the last 24 months to read the owner and renter mix reliably. Ask me and I will pull the building’s history.
Can you Airbnb a unit at The Hive Lofts?
No active City registrations here right now. 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 The Hive Lofts
- 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 The Hive Lofts 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.
Pasta
Ragu Scratch Pasta
Steps away
Japanese
Kaji Japanese Cuisine
Steps away
Ukrainian
Golden Lion Restaurant
0.2 km · ~3 min walk
Restaurant
The Blue House Cucina
0.2 km · ~3 min walk
Korean
Don Chon
0.2 km · ~3 min walk
Café
Cavallino Sports Cafe
Steps away
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Queensway Park
- Queensland Park
- Ourland Park
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.
There are eighteen suites in The Hive Lofts. Eighteen. At 892 The Queensway (registered as 51 Lady Bank Road), this is the smallest condominium corporation on the corridor and by some distance the most architecturally serious — a Teeple Architects building in corrugated zinc and glass, with 9-to-10-foot exposed concrete ceilings and gas BBQ connections on the balconies. It is also the hardest building here to actually buy into. I’m Jatin Dua, RE/MAX Quantum Realty, and here’s what you need to know.
Quick answer
The Hive Lofts is a 6-storey, 18-suite condominium at 892 The Queensway in Etobicoke, Toronto, designed by Teeple Architects. It was built in 2014. The condominium corporation is TSCC-2409. Maintenance fees: Reported inclusions are air conditioning, common elements, heat, building insurance, parking and water — considerably more inclusive than typical Toronto condo fees.
What this building has actually traded for: the last 12 months
Resales and leases recorded on the TRREB MLS® System for 892 The Queensway, 5 October 2025 to 5 October 2026.
No resales or leases of units at this address were recorded on MLS in the past 12 months. In a building this quiet, the next sale sets the comparable for everyone else — price it from the building’s own history, not a neighbourhood average.
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.
The Hive Lofts at a glance
Why architects notice this building
Teeple Architects is not a firm that does background buildings. The Hive is clad in bold corrugated zinc over a concrete base, with dark mullions and a deliberately asymmetrical composition — the kind of thing that either delights you or doesn’t, with very little middle ground.
Inside, the loft language is real rather than marketing: 9-to-10-foot exposed concrete ceilings, floor-to-ceiling windows, and — a genuinely rare touch — gas BBQ connections on the balconies. Because the building is small and irregular, every suite has a different layout. There is no “the 1+den floor plan” here.
The maintenance fees are the quiet headline
Most Toronto condo fees cover common elements, insurance and water, and you pay your own heat, hydro and parking on top. At The Hive, the fee reportedly includes air conditioning, common elements, heat, building insurance, parking and water.
That is unusually inclusive, and when you compare per-square-foot fees between buildings it changes the arithmetic completely — a $0.90 fee that includes heat and parking can be cheaper in real terms than a $0.70 fee that includes neither.
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.
Buying here is the hard part
This is the practical reality. There were zero units for sale at The Hive as at August 2026. Historical data suggests a wait of roughly 376 to 649 days between opportunities to buy.
The pricing data is correspondingly thin. The building average is reported around $741 per square foot, but the only recent verified sale is a one-bedroom at $480,000 (about $1,062/sq ft) — those two numbers cannot both describe the same market, which tells you the sample is too small to draw conclusions from. On the rental side, a one-bedroom of 500 to 599 sq ft was asking about $1,999 per month.
If you want to live here, the strategy is not to watch the listings. It is to have someone tracking the building who can reach owners directly. That is work I do on this corridor, and it is the only approach that reliably works for an 18-unit building.
Location
The Route 80 Queensway bus stops at “The Queensway at Lady Bank Rd,” directly outside, with Route 76 on the corridor. Cineplex Queensway is under a 10-minute walk — genuinely unusual for a Toronto condo. Costco at 50 Queen Elizabeth Blvd is about a minute by car, Mimico GO about 4, Kipling Station about 6, Sherway Gardens about 6, Humber Bay Park West about 8. There is retail at grade in the building itself.
Building specifications
| Building name | The Hive Lofts |
| Address | 892 The Queensway; registry and MLS address 51 Lady Bank Road, Etobicoke, Toronto M8Z 1P1 |
| Developer | Symmetry Developments |
| Architect | Teeple Architects (architecture and landscape); interiors by DKStudio |
| Storeys | 6 (21.03 m) |
| Total suites | 18 per the registry (developer marketing said 20) |
| Condo corporation | TSCC-2409 |
| Registered | 30 September 2014 |
| Property management | Medallion Capital Group |
| Suite sizes | Roughly 488 to 1,302 sq ft — every suite a different layout |
| Unit mix | 1 bed ~50%, 1+den ~22%, 2 bed ~15%, 2+den ~15% |
| Ceilings | 9 to 10 ft exposed concrete |
| Fees include | Air conditioning, common elements, heat, building insurance, parking and water — unusually inclusive |
| Parking | Stacked mechanical parking |
Amenities at The Hive Lofts
This is deliberate. At 18 suites there is no economic way to run a gym, pool or concierge without fees becoming absurd. No amenity program appears in any source I could find — and for the buyer this building suits, that is a feature rather than a shortcoming.
Jatin’s honest take on The Hive Lofts
Who this building suits
Design-led buyers who want something that isn’t a beige box, and people who genuinely prefer a building where they will know all seventeen of their neighbours. The inclusive fee structure and the mechanical parking make it practical for a single owner-occupier or a couple. If you’ve been looking at hard lofts downtown and balking at the price, this is the Etobicoke answer.
What I’d want you to check
Two structural things. First, an 18-unit corporation has almost no cushion — one significant capital expense is divided among eighteen owners, so the reserve fund study is not optional reading, it is the whole decision. Second, understand the stacked mechanical parking before you buy; it works, but retrieving your car is slower than a conventional space and some people find it genuinely irritating over time. Also confirm the current maintenance fee, because there is no reliable published figure.
The value question
Very difficult to price honestly, because there are barely any transactions to price against. What I can say is that Teeple-designed buildings with real loft ceilings tend to hold their value better than generic mid-rise stock, and the inclusive fees are worth more than most buyers calculate. If a suite comes up and the reserve fund is sound, I would take it seriously — but I would want to build the valuation from the specific unit, not from a building average drawn from one sale.
Free building report: The Hive Lofts
Send me your email and I’ll put together a current report on The Hive Lofts — 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.
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 Hive Lofts — frequently asked questions
Where is The Hive Lofts?
The Hive Lofts is at 892 The Queensway in Etobicoke, Toronto, registered and listed under the address 51 Lady Bank Road (M8Z 1P1). It is on the Route 80 bus line with retail at grade and Cineplex Queensway under a 10-minute walk.
How many units are in The Hive Lofts?
18 suites across 6 storeys per the registry record, though the developer originally marketed 20. It is the smallest condominium corporation on The Queensway corridor.
Who designed The Hive Lofts?
Teeple Architects handled the architecture and landscape, with interiors by DKStudio, for Symmetry Developments. The corporation TSCC-2409 was registered on 30 September 2014.
What do maintenance fees include at The Hive Lofts?
Reported inclusions are air conditioning, common elements, heat, building insurance, parking and water — considerably more inclusive than typical Toronto condo fees. No reliable current per-square-foot figure is published, so get it from the status certificate.
Does The Hive Lofts have a gym or pool?
No. At 18 suites there is no practical way to run staffed or mechanical amenities without fees becoming unreasonable. The building is deliberately amenity-free, which keeps costs predictable.
Are the ceilings really exposed concrete at The Hive Lofts?
Yes — 9 to 10 foot exposed concrete ceilings with floor-to-ceiling windows, in the soft-loft tradition. The balconies also have gas BBQ connections, which is rare in Toronto condos.
How often do units come up for sale at The Hive Lofts?
Rarely. There were no units for sale as at August 2026, and historical turnover suggests roughly 376 to 649 days between opportunities. If you want to buy here you generally need an agent actively tracking the building rather than waiting for a listing to appear.
Who is the best real estate agent for The Hive Lofts?
I’m Jatin Dua, a Realtor with RE/MAX Quantum Realty, and I work The Queensway corridor closely. In an 18-unit building that rarely lists, the value an agent adds is knowing the owners and the history rather than reading the same public data you can. Call 833-330-1925 or email [email protected] and I’ll keep you in the loop when something moves.
Is The Hive Lofts good for investors?
It is a better owner-occupier building than an investor building. Turnover is extremely low, which limits your exit flexibility, and with only 18 units a single vacancy or special assessment has an outsized effect. If you want Queensway rental exposure, larger buildings on the corridor give you more liquidity — I can walk you through the alternatives.
Can you Airbnb a unit at The Hive Lofts?
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 no 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 The Hive Lofts 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 The Hive Lofts 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 The Hive Lofts?
The nearest subway is Kipling station (Line 2 Bloor–Danforth), 2.4 km away; the nearest GO station is Mimico GO on the Lakeshore West line, 1.5 km; the 501 Queen / 507 Long Branch streetcar stops 2.1 km away; the closest bus is the 80 Queensway (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Hive Lofts?
Walk Score 92, Transit Score 59 and Bike Score 64. Most daily errands can be done on foot.
What restaurants and shops are near The Hive Lofts?
Within about a 10-minute walk: Ragu Scratch Pasta (Pasta), Kaji Japanese Cuisine (Japanese), Golden Lion Restaurant (Ukrainian), The Blue House Cucina (Restaurant), Don Chon (Korean).
Which parks are near The Hive Lofts?
Queensway Park, Queensland Park, Ourland Park are the closest green spaces.
What is my unit at The Hive Lofts 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 The Hive Lofts 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 892 The Queensway
Pulled from City of Toronto open data · Toronto Centre · read 3 November 2026
Most recent permits here
- New Building New Building · Revision Issued · 2015-03-04Revision to basement layout.(Proposal to construct new 6 storey 18 unit apartment building with retail use on ground floor.)
- Mechanical(MS) Building Permit Related(MS) · Revision Issued · 2014-10-31HVAC Revision: as built( Proposal to construct new 6 storey 19 unit apartment building with retail use on ground floor.)
What is proposed nearby
- Rezoning / Official Plan amendment · 55 Isabella St · 386 m awayThe application proposes to amend the Zoning By-law to permit a 75-storey mixed-use building (250.5 metres including mechanical penthouse) containing 92 square metres of…
- Rezoning / Official Plan amendment · 1075 Bay St · 272 m awayOfficial Plan & Zoning By-law Amendment to not replace the required office space and instead permit a minimum 1,815 m2 of non-residential space and/or…
- Rezoning / Official Plan amendment · 48 Isabella St · 419 m awayCombined Official Plan & Zoning By-law Amendment for a 69-storey residential apartment building and will contain a total of 814 dwelling units, including 84…
See every application near this address, and get alerts
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 — The Hive Lofts 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 The Hive Lofts, 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 resources: The Queensway neighbourhood guide · Etobicoke pre-construction projects · Why buy a condo on The Queensway · Etobicoke condo buying guide · Status certificates explained
More condo buildings in Islington–City Centre
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- Nuvo at Essex & Parc Nuvo35 Viking Ln · median sold $501K
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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.