$429,900 - 1040 The Queensway N/A Unit 215, Etobicoke
Condo for Sale in Etobicoke
Neighbourhood: Islington-City Centre West
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- MLS Number
- W13785440
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Etobicoke (Islington / Rexdale)
- Taxes (2026)
- $2,125
- Maintenance Fees
- $620/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to Loggia Condos at 1040 The Queensway, Unit 215 - a bright and functional 1-bedroom and den condo in South Etobicoke. This inviting suite features an open-concept layout that flows seamlessly for everyday living and entertaining. The versatile den provides excellent separate space ideal as a home office, guest area, or creative nook-perfect for work-from-home flexibility. The suite also features a four-piece bathroom and the convenience of in-suite laundry.Step outside onto the large balcony, which overlooks a beautiful canopy of trees. Enjoy natural shade and a private outdoor retreat right at your door-ideal for morning coffee or evening relaxation. Residents of The Loggia enjoy excellent building amenities, including a gym, indoor pool, sauna, party/meeting room, concierge, and visitor parking.Parking and locker are included. Conveniently situated near Islington Avenue and The Queensway with easy access to Highways 427, the QEW/Gardiner Expressway, TTC transit, shopping (including Cineplex, nearby retail, and major stores), restaurants, and a quick commute downtown or to Pearson Airport. Parks and Lake Ontario areas are also nearby. This is a well-located, functional 1+den home that combines urban convenience with a tree-lined balcony-complete with parking and locker for added practicality. Ideal for first-time buyers, professionals, downsizers, or investors.
Estimate your monthly payments for this property
Estimated Payment
$2,205.61/mo
Includes CMHC insurance ($11,994)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Islington-City Centre West
Islington-City Centre West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Islington-City Centre West
- •Convenient location in Etobicoke (Islington / Rexdale)
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Islington-City Centre West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1040 The Queensway N/A Unit 215, Etobicoke (Islington / Rexdale)
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $717/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $620/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Islington-City Centre West
I know Islington-City Centre West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.