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    Loggia Condos

    1040 The Queensway

    0for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    10
    Number of Units:
    174
    Condo Completion:
    2008
    Condo Demand:
    Medium
    Unit Size Range:
    442 - 1,932 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Loggia Condos

    Amenities

    Visitor Parking
    Concierge
    Indoor Pool
    Sauna
    Party Room
    Lap Pool

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 1040 The QueenswayLoggia Condos

    Who wouldn’t want to live in an award-winning condominium? Anyone who agrees should continue on reading about the Loggia Condos, a 2008-built residential building by Brandy Lane Homes. The mid-rise edifice at 1040 the Queensway is wider than it is tall, and its façade is clad in plenty of glass.

    The building contains 174 Toronto condos spread out over 10 storeys, plus retail businesses along the ground level. Residents also have access to a long list of amenities, which can be found in the Loggia Club. For exercise, there’s a gym and indoor resistance pool; for relaxation, there’s a hot tub and sauna; for social gatherings, the building boasts a party room, as well as underground parking with visitor spots; and for added security, the building is staffed by a 24-hour concierge.

    The Suites

    While some condos are given arbitrary names, the building at 1040 the Queensway was named for an architectural feature: Loggia is an Italian term for a covered balcony or a room with open sides, and of course these rooms can be found within the units. In terms of size, 1040 the Queensway contains one, two, and three bedroom suites, plus some with dens, and Toronto condos for sale here range from around 600 to 1,900 square feet.

    Three different layouts are available at 1040 the Queensway, one being the Biancavilla. This style features a Loggia as well as a moveable kitchen island. Another suite style is the Courtyard Town Loft, which covers two storeys. Yet the two bedroom plus den “Siena” suite is what won Brandy Lane Homes their award, with this layout named "Best condo suite design over 750 square feet" from the Greater Toronto Home Builders Association. In this type of unit, residents can access their loggia from three different rooms: the living room, the kitchen, and the master bedroom.

    And what could be the best feature of all: If you can't find a unit for sale or rent at Loggia Condos then you can always check out Loggia II Condos.

    The Neighbourhood

    Islington & City Centre West is a well-rounded neighbourhood, with just enough action and plenty of peaceful parks. Living at 1040 the Queensway means always being a quick away from Lake Ontario. Once here, residents can explore Colonel Samuel Smith Park year round: summertime visitors can practice their sailing skills at the Lakeshore Yacht Club, while winter weather calls for ice skating on the park’s figure-8 trail.

    On rainy days, Islington and City Centre West residents can often be found perusing the stores in Sherway Gardens or checking out the latest Hollywood hit at the Cineplex Cinemas across the street. And while the No Frills just down the street comes in handy for residents living at 1040 the Queensway, having a Costco and an IKEA so close at hand is all the more exciting. The latter takes 4 minutes to reach by car, while the former is just 3 minutes away.

    Transportation

    Living in Islington and City Centre West doesn’t require access to a car. Residents of 1040 The Queensway can get around the immediate area as well as visit downtown Toronto by using the TTC. The 80 Queensway bus is often the first part of a journey into the downtown core. Once on this bus, passengers can transfer onto the 501 streetcar at the South Kingsway. From there, the 501 will carry residents toward both Osgoode and Queen subway stations.

    As for residents who do drive, living so close to the Gardiner Expressway comes in handy. This major highway can be used to reach various neighbourhoods in Toronto, as well as the 427 to the west.

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    Nearby Amenities

    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!'

    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
    Household Income
    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%

    Days on Strata

    Units at Loggia Condos spend an average of
    16
    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 an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    40th
    Highest price per SQFT out of 57 condos in the Islington | City Centre West area

    Sold Units

    11
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    Loggia Condos offers the
    ?
    best value out of 57 condos in the Islington | City Centre West neighbourhood

    Appreciation Rank

    Loggia Condos has the
    ?
    highest ROI out of 57 condos in the Islington | City Centre West neighbourhood

    Rental Yield

    Loggia Condos yields the
    ?
    highest rent prices out of 57 condos in the Islington | City Centre West neighbourhood

    High Demand

    Loggia Condos is the
    ?
    most popular building out of 57 condos in the Islington | City Centre West neighbourhood

    Transaction Insights at 1040 The Queensway

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$525,000 - $595,000$550,000 - $730,000$666,800 - $689,999No Data$762,000 - $800,000
    Avg. Cost Per Sqft$912$837$642No Data$701
    Avg. Wait for Unit Availability89 Days69 Days133 Days164 Days300 Days
    Ratio of Units in Building24%36%22%12%8%

    Maintenance Fees

    Loggia Condos vs The Islington | City Centre West Area

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