Published 22 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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The best condo buildings to rent in The Queensway are Verge, Reina Condos, Queensway Park Condos, Loggia and IQ Condos. Condo apartments leased through TRREB’s MLS® System in district W07 averaged $2,199 a month for a one-bedroom and $2,725 for a two-bedroom in Q2 2026.
Pick on transit, suite size and what the rent includes — not on the lobby.
The five at a glance
| # | Building | Address | Built | Why renters like it |
|---|---|---|---|---|
| 1 | Verge (Phase 1) | 1001–1037 The Queensway | 2025 | The newest amenity-rich condo on the corridor with a large rental pool |
| 2 | Reina Condos | 689 The Queensway | 2025 | A family-friendly new mid-rise with larger layouts, rare in new Toronto condos |
| 3 | Queensway Park Condos | 7 Smith Cres / 784 The Queensway | 2021 | A newer mid-rise beside a large neighbourhood park |
| 4 | Loggia | 1040 & 1050 The Queensway | 2008 | The value pick with a pool and concierge on the corridor |
| 5 | IQ Condos | 1185 The Queensway | 2015 | A mid-2010s mid-rise with a pool, well placed for drivers heading west |
How I chose them: I looked at The Queensway the way a tenant should — how quickly you reach transit, what the building actually offers day to day, suite sizes, building age and condition, and how many units come up for lease so you have choice. This is my own shortlist, not a paid or third-party ranking, and every building fact below is linked to a source at the end.
What renting a condo in The Queensway costs right now
| Q2 2026, condo apartments | Avg 1-bed | Avg 2-bed | Units leased |
|---|---|---|---|
| TRREB district W07 | $2,199 | $2,725 | 51 |
| City of Toronto | $2,316 | $3,154 | 15,388 |
| Whole GTA (TRREB area) | $2,273 | $3,013 | 21,251 |
Source: TRREB Rental Market Report, Q2 2026. District W07 is the TRREB reporting area that covers The Queensway; it is wider than the neighbourhood itself, so treat these as a guide rather than a quote for any one building.
One caution: district W07 had only 51 condo leases in the quarter, so a few unusual suites can move the average a lot.
Across the GTA, average condo rents were still below a year earlier in Q2 2026 — one-bedrooms down 2.3% and two-bedrooms down 1.7% — with 27,844 units listed for rent against 21,251 leased. TRREB says conditions still favour renters, which means there is usually room to negotiate on start date, parking or a longer term.
The top 5 condo buildings to rent in The Queensway
Verge (Phase 1)
1001–1037 The Queensway
Completed 2025 · 17 and 10 storeys · about 544 suites · Developer: RioCan Living (RioCan REIT)
Getting around: 80 Queensway bus at the door; Islington Ave bus north to Islington station on Line 2; short drive to the Gardiner.
What the building offers: Fitness centre with yoga studio; co-working space; party room and cocktail lounge; pet wash and bike wash; outdoor terraces.
What renters should know:
- Brand-new building — expect strict move-in booking and possibly ongoing deficiency work.
- Retail at grade and walking distance to Cineplex and big-box stores.
- Large unit count means many investor-owned suites on the rental market.
Why it makes the list: The newest amenity-rich condo on the corridor with a large rental pool.
More on this building: Verge Condos East vs West: 1007 or 1037 The Queensway?
Reina Condos
689 The Queensway
Completed 2025 · 9 storeys · about 200 suites · Developer: Urban Capital & Spotlight Development
Getting around: Near Royal York Rd; 80 Queensway and 76 Royal York South buses nearby; Mimico GO to the south.
What the building offers: Gym; yoga studio; kids' play area; outdoor courtyard with BBQs; pet wash.
What renters should know:
- Deliberately family-oriented unit mix with more 2- and 3-bedroom layouts than typical.
- Fees reported to include bulk internet and water.
- New building — move-in rules and elevator bookings apply.
Why it makes the list: A family-friendly new mid-rise with larger layouts, rare in new Toronto condos.
More on this building: Curio vs Reina: 799 or 689 The Queensway?
Queensway Park Condos
7 Smith Cres / 784 The Queensway
Completed 2021 · 9 storeys · about 167 suites · Developer: Rosewater Developments & Urban Capital
Getting around: 80 Queensway bus; Royal York Rd buses to Line 2; Mimico GO to the south.
What the building offers: Fitness area; rooftop deck with BBQs; kids' playroom; hobby room; pet grooming room.
What renters should know:
- Next to Queensway Park (ball diamond, tennis courts, winter rink).
- About 18,000 sq ft of retail and restaurants at grade.
- Mid-rise with fewer suites, so listings are less frequent.
Why it makes the list: A newer mid-rise beside a large neighbourhood park.
More on this building: Living at Queensway Park Condos (784 The Queensway) — An Etobicoke Agent’s Building Guide
Loggia
1040 & 1050 The Queensway
Completed 2008 · 10 storeys · about 316 suites · Developer: Brandy Lane Homes
Getting around: 80 Queensway bus at the door; Islington Ave buses to Islington station.
What the building offers: Indoor lap pool; dry sauna; outdoor whirlpool; gym; party room; 24-hour concierge.
What renters should know:
- Late-2000s build: established condo corporation, often slightly lower rents than brand-new buildings nearby.
- Pool is rare among Queensway mid-rises.
- Two buildings share amenities via a skyway.
Why it makes the list: The value pick with a pool and concierge on the corridor.
More on this building: Loggia vs Loggia II: 1040 or 1050 The Queensway?
IQ Condos
1185 The Queensway
Completed 2015 · 12 storeys · about 123 suites · Developer: Remington Group
Getting around: 80 Queensway bus; Kipling/Islington buses north to Line 2; close to Sherway and the Gardiner/427.
What the building offers: Indoor pool; gym and yoga studio; rooftop deck with BBQs; 24-hour concierge; guest suites.
What renters should know:
- Compact suites (about 465 to 965 sq ft) suit singles and couples.
- Closer to Sherway and highways — convenient for drivers.
- Smaller building, so listings are intermittent.
Why it makes the list: A mid-2010s mid-rise with a pool, well placed for drivers heading west.
More on this building: IQ Condos, 1185 The Queensway: Building Review, Fees and Which Phase to Buy
Want me to find you a unit in The Queensway?
Looking to rent in The Queensway?
Tell me your budget, move-in date and must-haves. I will send you what is actually available in these buildings, before it gets picked over.
I will come back to you personally, usually the same day. If it is urgent, call or text 833-330-1925.
Living in The Queensway as a renter
A mixed commercial and residential corridor of post-war bungalows, low-rise apartments and big-box retail that is steadily filling with 8–17-storey mid-rise condos. More suburban and car-friendly than the lakeshore, with lower density and quick highway access.
| The Queensway in brief | |
|---|---|
| Where it is | The Queensway corridor between the Humber River and roughly Kipling Ave / Sherway, north of the Gardiner; the official Stonegate-Queensway neighbourhood also includes Sunnylea north of Norseman St up to Bloor St W. |
| Transit | TTC 80 Queensway bus along the corridor (to Keele station); north–south buses (e.g. 76 Royal York South, Islington and Kipling routes) to Line 2 stations at Royal York, Islington and Kipling. Mimico GO is south of The Queensway near Royal York Rd. The 501 Queen streetcar's Queensway right-of-way ends at Humber Loop, east of these buildings. |
| Everyday life | Cineplex and big-box retail along The Queensway; Sherway Gardens mall at the west end; Queensway Park (baseball, tennis, rink); Stonegate Plaza; Kipling-Queensway Mall. |
| Official City neighbourhood | Stonegate-Queensway (City of Toronto neighbourhood 16) |
Things renters in The Queensway should know
- No streetcar or subway on the Etobicoke stretch of The Queensway — commuting is bus-to-subway, GO from Mimico, or car via the Gardiner.
- Mid-rise buildings dominate, so floors are fewer and elevator waits shorter than lakeshore towers.
- Several new mid-rises have recently completed (e.g. Verge, Reina) with more in the pipeline, adding rental supply.
Before you sign a condo lease
- Use the Ontario Standard Lease. Landlords of most private rental units, condos included, must use the province’s standard lease template for new leases.
- Deposits are capped. A landlord can ask for a rent deposit of no more than one month’s rent, and it must go toward your last month. Damage deposits are not allowed; a key or fob deposit must be refundable. See Ontario rental deposit rules.
- Check the rent-control date. The annual guideline (2.1% for 2026, 1.9% for 2027) does not apply to units first occupied as residences after 15 November 2018. Ask when the building was first occupied — in newer towers your increases are negotiable, not capped.
- Get utilities in writing. Newer towers usually meter hydro separately; many older buildings include it in the condo fee. It can be a real monthly difference.
- Read the condo rules. Tenants must follow the corporation’s declaration and rules — pets, move-in bookings, elevator deposits and short-term rental bans all live there.
The takeaway
In The Queensway, Verge and Reina Condos are where I would start, but the right building depends on your commute and whether you want amenities or square footage. Compare the all-in monthly cost — rent, hydro, parking, locker — not the headline rent, and remember that in Q2 2026 renters, not landlords, had the upper hand across the GTA.
Frequently asked questions
What are the best condo buildings to rent in The Queensway?
My top five for renters are Verge, Reina Condos, Queensway Park Condos, Loggia and IQ Condos, chosen for transit access, amenities, suite sizes, building condition and rental supply.
How much does it cost to rent a condo in The Queensway?
In Q2 2026, condo apartments leased in TRREB district W07, which covers The Queensway, averaged $2,199 a month for a one-bedroom and $2,725 for a two-bedroom. The City of Toronto averages were $2,316 and $3,154.
Which condo in The Queensway is best for transit?
Verge at 1001–1037 The Queensway: 80 Queensway bus at the door; Islington Ave bus north to Islington station on Line 2; short drive to the Gardiner.
Are older or newer condos better to rent in The Queensway?
Newer towers offer more amenities and modern finishes but smaller suites, separately metered hydro and no rent-control guideline if first occupied after 15 November 2018. Older buildings usually have larger layouts and often include utilities in the rent.
Is rent control in effect for condo rentals in Toronto?
Yes for units first occupied as residences on or before 15 November 2018, where increases are limited to the provincial guideline (2.1% in 2026 and 1.9% in 2027) once every 12 months. Units first occupied after that date are exempt from the guideline.
Do I pay a realtor to help me rent a condo?
On most MLS condo leases in the GTA the landlord pays the brokerage commission, but always confirm in writing before signing any agreement. I can search these buildings and review the lease with you.
Sources
- TRREB Rental Market Report, Q2 2026 — condominium apartment rents by district — accessed September 2026.
- Government of Ontario — residential rent increases and the rent increase guideline — accessed September 2026.
- Verge (Phase 1) — building facts — accessed September 2026.
- Verge (Phase 1) — building facts — accessed September 2026.
- Reina Condos — building facts — accessed September 2026.
- Queensway Park Condos — building facts — accessed September 2026.
- Queensway Park Condos — building facts — accessed September 2026.
- Loggia — building facts — accessed September 2026.
- IQ Condos — building facts — accessed September 2026.
- The Queensway — neighbourhood and transit facts — accessed September 2026.
- The Queensway — neighbourhood and transit facts — accessed September 2026.
- The Queensway — neighbourhood and transit facts — accessed September 2026.
- The Queensway — neighbourhood and transit facts — accessed September 2026.
Related reading
- Best Realtor on The Queensway, Etobicoke (2026): How to Pick One
- Top 5 condos to rent in Humber Bay Shores
- Top 5 condos to rent in Mimico
- Top 5 condos to rent in Long Branch and New Toronto
- Top 5 condos to rent in every Toronto neighbourhood
- How much rent can a landlord charge in Toronto?
- Renting now, buying later: a realistic timeline
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Etobicoke. I help tenants, landlords, buyers and sellers across Toronto and the GTA. Four-plus years of active GTA transactions and over $100 million in sales volume. Rent figures here come from TRREB’s published rental report and tenancy rules from the Government of Ontario, so you can check all of it without asking me.
Reach me at connect@jatindua.com or 833-330-1925, or book a call.