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Featured
Price Change$379,000

704 - 1040 The Queensway N/A

Islington-City Centre West, Toronto

$429,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

Welcome to Loggia Condos at 1040 The Queensway! A Fabulous Established Boutique Condominium In An Excellent Location!! This Inviting Spacious Suite Features an Open Concept Layout On the Quiet Side Of The Building with Never-Ending Views! Close To QEW, Walk To Public Transit! Easy Commute Downtown + Pearson Airport. Close to Sherway Gardens, Restaurants, Cineplex Movie Theatre, Schools and More. Parks and Lake Ontario Are Also Nearby! This Updated One Bedroom One 4 pc Bath Suite Includes One Parking Space Underground and One Locker! The Suite Features Oversized Rooms with Enough Space to Include a Home Office area, or Creative Nook-Perfect for Work-From-Home Flexibility. The Condominium Unit Also Features Laminate and Ceramic Flooring + The Convenience of Ensuite Laundry. The Primary Bedroom Features a Spacious Double Closet with All New Cabinetry. The Extra Wide Private Balcony Includes Two Walkouts. Great Value. Residents Can Enjoy Excellent Amenities Including a Gym, Indoor Lap Pool, Sauna, Party Room, 24 Hr Concierge/Security, and Visitor Parking. Click on the Virtual Tour Link for More Photos. Video and a Detailed Floor Plan. Parking and Locker are included. Ideal for First-Time Buyers, Downsizers, or Investors.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size500-599 sq. ft.
Maintenance Fees$528
LockerOwned
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$1,918
mls© NumberW13681978
Listed ByRE/MAX PROFESSIONALS INC.
Heat Included
Common Elements Included
Water Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,196
Property tax
$160
Heat allowance
$150
Condo fees, half counted
$264
Housing costs
$2,770 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $85,800
25-yr amortization

Income needed

$85,000

gross annual household income

Payment at 4%
$1,805 / mo
Cash down
$85,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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