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Get My Free Estimate →Loggia and Loggia II sit side by side at 1040 and 1050 The Queensway, share a name and went up around the same time. They are two separate condominium corporations, and that distinction matters more than anything about the finishes.
These two sit side by side, share a name, went up around the same time, and are constantly confused with each other in listings. They are two separate condominium corporations, and that distinction matters more than anything about the finishes.
Side by side
| Loggia | Loggia II | |
|---|---|---|
| Address | 1040 The Queensway | 1050 The Queensway |
| Storeys | 10 | 9 |
| Suites | 174 | 142 |
| Built | 2008 | 2008 |
| Condo corporation | Its own | Its own — separate |
| Indoor pool | Yes | Yes, its own |
The thing most people get wrong
Because they look like a pair, buyers assume shared amenities and shared costs. They do not share. Each building has its own condominium corporation, its own board, its own reserve fund and its own indoor pool.
Practically: a special assessment at one has nothing to do with the other. Reserve fund health can differ. Maintenance fees can drift apart over time even though the buildings are twins. If you are comparing a suite in each, you must read both status certificates — the numbers from one tell you nothing about the other.
Density: 174 over ten floors versus 142 over nine
That works out to roughly 17 suites per floor at Loggia and roughly 16 at Loggia II. Close enough that it will not change your daily life. This is not a case where one is meaningfully quieter than the other.
The real difference is scale of the corporation. A 142-unit building spreads major repairs across fewer owners than a 174-unit one. On a big-ticket item — garage membrane, elevators, pool mechanical — the per-unit share is higher in the smaller building. That is a genuine consideration on two buildings now approaching twenty years old.
What I would ask about both
- Reserve fund study date and funding level. Buildings from 2008 are entering the window where garage, roof and mechanical work comes due.
- Any special assessment in the last five years, and any planned.
- What the fee actually covers, and whether hydro and water are separately metered. On this corridor they usually are.
- Pool status. Two pools between two small corporations is a lot of mechanical to maintain. Ask whether either has been out of service and why.
My read
There is no clear winner here, and anyone telling you one is definitively better is guessing. Choose on the specific suite, the specific view, and — most of all — on which status certificate reads better. Two buildings this similar are decided by their finances, not their floor plans.
Related reading
- Loggia Condos, 1040 The Queensway — the full building guide
- Loggia II, 1050 The Queensway — the full building guide
- Reserve funds and special assessments explained
- How to compare Etobicoke maintenance fees
Building specifications from the City of Toronto planning record, condominium registrations and developers’ published material — believed accurate but not guaranteed. Verify everything against the status certificate and disclosure statement before you sign. Not intended to solicit buyers or sellers under contract with another brokerage. E.&O.E.
Thinking about buying on The Queensway?
Tell me which building or stretch of the corridor you are looking at and I will send the actual sold and lease comparables from TRREB, an honest read on the location, and what the status certificate is likely to show. No obligation, and I will tell you if the answer is don’t buy it.
Or call Jatin Dua, Broker of Record, RE/MAX Quantum Realty · 437-987-1925