1040 The Queensway #215 is a 1-bedroom, 1-bathroom condo in Toronto, listed for $424,800. It has 600-699 sq ft of living space.
1The versatile den provides excellent separate space ideal as a home office, guest area, or creative nook-perfect for work-from-home flexibility.
2Residents 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.
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.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $708 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 1040 The Queensway #215
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
600-699 sq ftas stated on the listing
Parking
1 spaceYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
1040 The Queensway #215 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14004754$424,800
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1040 The Queensway #215 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,087
/mo
based on the purchase price of $424,800
$84,960 cash
$339,840 financed
$286,234 total interest
Principal54%$339,840
Interest46%$286,234
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $425K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4898.6%On average, homes sold at or above asking.
Active listings12,086Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,688 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
3 for sale · 1 for rent at 1040 The Queensway — plus its sale and lease history.
1040 The Queensway #215 is listed at $424,800 (MLS® W14004754). Summitly updates the price as soon as the MLS® record changes.
Is $424,800 a good price for 1040 The Queensway #215?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 1040 The Queensway #215 changed?
No — 1040 The Queensway #215 is still listed at its original asking price of $424,800.
How many bedrooms and bathrooms does 1040 The Queensway #215 have?
1040 The Queensway #215 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 1040 The Queensway #215 close to transit?
The nearest rapid-transit station is Mimico GO Station (Lakeshore West GO), about 1.8 km (about a 22-minute walk) in a straight line. Kipling Station is about 2.2 km, and Islington Station is about 2.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 1040 The Queensway #215?
About $2,087 a month — principal and interest on $424,800 with 20% down ($84,960), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1040 The Queensway #215 compare with other homes in Toronto?
Its asking price of $424,800 is about 50% below the median sold price in Toronto over the last 90 days, $848,250, across 9,688 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1040 The Queensway #215 been sold before?
Summitly has no earlier MLS® sale or lease of 1040 The Queensway #215 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1040 The Queensway #215?
1040 The Queensway #215 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1040 The Queensway #215 been on the market?
1040 The Queensway #215 was listed today (October 13, 2026).
What is the price per square foot of 1040 The Queensway #215?
About $608 to $708 per square foot: the asking price of $424,800 over the 600–699 sq ft the listing gives as its size range.
Does 1040 The Queensway #215 have parking or a garage?
Yes — the listing gives 1 parking space. Garage: Yes.
