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Network Lofts, 2 Fieldway Road: a converted office building, and four different answers about it

Published 7 September 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty

Converted mid-century office building with tall industrial windows now used as loft condominiums

Last updated 7 September 2026. Written by Jatin Dua, Broker of Record at RE/MAX Quantum Realty, 799 The Queensway, Etobicoke. Sourced and dated. Where a figure could not be verified, I say so rather than filling the gap.

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Quick answer

Network Lofts at 2 Fieldway Road is a 13-storey office building converted to roughly 205 loft condominiums, near Islington Avenue and Bloor Street West.

It is a genuine hard loft conversion — concrete columns, double-height windows, ceilings well above the Toronto standard — not a new building styled to look like one. It is also the building in this area with the widest spread of contradictory published information: two conversion dates, three developer attributions and four different suite size ranges. Below is what holds up.

What “conversion” means here, and why it matters

This building was not built as housing. It was an office building, and the loft conversion carved suites out of an existing concrete frame. Multiple sources describe the result the same way: large structural columns left in place, double-height window walls, and ceiling heights that new construction does not offer. One loft-specialist source puts ceilings at about 10.5 feet in most units and up to 19 feet in the two-storey suites, with the tallest of those sitting where the original mechanical room was.

That is the appeal, and it is real. It also carries consequences that a buyer should understand before falling for the photos:

  • Columns are not negotiable. In a converted frame they land where the original engineer put them, sometimes in the middle of a living room. Walk the actual unit, not a floor plan.
  • Window walls that tall are expensive common elements. Glazing and sealant on a converted commercial envelope is a reserve fund item, and a big one.
  • Sound and heat behave differently. Concrete is excellent between suites and unforgiving to heat through a large south or west window wall.

The conflicts, laid out

Four things sources disagree about

Year: a loft-specialist site says the conversion completed in 2008; a listings database says the building dates to 2010. The likeliest explanation is conversion completion versus condominium registration, but I could not verify that, so I will not assert it.

Developer: Alterra appears in most accounts; one database credits “Finner Space Corporation”; another credits both. The safe statement is that Alterra was involved and a second entity appears in the records.

Storeys: 13 across every facts box I found — but one of those same pages says “18 storeys” in its own narrative text. That is a source contradicting itself, not two sources disagreeing.

Suite sizes: four published ranges, from roughly 500–1,200 sq ft up to 563–1,761 sq ft. One old pre-construction page gives figures so far off the others that I would ignore it entirely.

What is reasonably well established

  • 13 storeys, and roughly 205 units.
  • An amenity package that is unusually complete for a conversion: gym and yoga studio, party and meeting room, a media or theatre room, a rooftop lounge with barbecues, guest suites, sauna, bike storage, visitor parking and concierge service.
  • The corporation is reported as TSCC 2054, with Ace Condominium Management named as manager — both from one database, both worth confirming yourself.

The Bell building question

You will read in several places that 2 Fieldway Road was a Bell office building. That specific claim traces to a single source. A second, independent source confirms only the general point — that the lofts were “carved from the frame of an existing office building.” I tried to read the Architectural Conservancy Ontario entry, which would have settled it properly, and the page would not load.

So: it was an office building, certainly. Whose office building, I cannot confirm, and I would rather tell you that than repeat a good story.

What is happening around it

Fieldway Road is not a quiet backwater any more. There is a 2021 proposal for 56, 58 and 60 Fieldway Road — four buildings of 10, 22, 32 and 35 storeys, about 1,149 units in total, with a possible pedestrian connection over the rail corridor toward the Etobicoke Civic Centre lands. Separately, EllisDon Developments acquired a 4.26-acre Fieldway Road site in the Six Points area, reported in 2022, with onsite childcare and about 0.6 acres of public park in the plan.

Read those two items carefully

Neither site is next door to number 2. Both are further west, closer to Kipling. And both reports are several years old — I could not verify the current approval status of either, and a 2021 proposal is not an approval. Do not buy on the assumption that either is built, and do not assume neither will be.

The City’s development application map is public and current. Check it for yourself before you form a view about what your window will look at in five years.

The takeaway

Network Lofts is one of the few genuine hard loft buildings in Etobicoke, and the ceiling heights and window walls are not marketing — they are what an office frame gives you. The building deserves its reputation. What it does not have is reliable public information: dates, developer, and suite sizes all conflict across sources, and the well-repeated Bell story rests on one page. Buy the unit you walked through, order the status certificate, and read the reserve fund study with the window wall specifically in mind.

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Send me the unit number or the listing link. I’ll tell you what I actually know about the building, what I’d want to see in the status certificate, and whether the price makes sense against what has sold. No pitch, no obligation.

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Frequently asked questions

Is Network Lofts a true hard loft?

Yes. It is a conversion of an existing concrete office building, and multiple sources describe retained structural columns, double-height window walls and ceilings around 10.5 feet, rising to as much as 19 feet in the two-storey suites. It is not a new building designed to look loft-like.

When was Network Lofts built or converted?

Sources disagree: one says the conversion completed in 2008, another dates the building to 2010. That gap is plausibly conversion completion versus condominium registration, but I could not confirm that explanation, so treat both dates as reported rather than settled.

How many units are in Network Lofts?

About 205, across 13 storeys. Note that one source’s own narrative text says 18 storeys while its facts box says 13 — an internal contradiction in a single source, not a genuine dispute.

Was 2 Fieldway Road a Bell building?

It was certainly an office building before conversion. The specific claim that it belonged to Bell rests on one source, and I could not corroborate it. I would not repeat it as established fact.

What amenities does Network Lofts have?

Sources list a gym and yoga studio, party and meeting rooms, a media or theatre room, a rooftop lounge with barbecues, guest suites, a sauna, bike storage, visitor parking and concierge service — a strong package for a converted building.

What should I check before buying a loft in a converted building?

Walk the actual suite to see where the structural columns land; read the reserve fund study specifically for envelope and glazing work, which is expensive on a converted commercial frame; and check the City’s development application map for what is proposed nearby.

Thinking about buying or selling here?

I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.

Call or text 437-987-1925 Send me a message

Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.

Sources

Everything above that is a number or a name comes from one of these. Anything I could not source, I have marked as unverified in the text.

Related reading

About the author — Jatin Dua, Etobicoke real estate agent

I’m the Broker of Record at RE/MAX Quantum Realty, 799 The Queensway in Etobicoke, a few minutes from every building on this page. I work with buyers, sellers and investors across Mimico, Humber Bay Shores, New Toronto, Long Branch, Alderwood and the Stonegate–Queensway corridor. I write these building guides the way I’d brief a client at my own kitchen table: what is documented, what isn’t, and where the published numbers disagree with each other.

Questions about a specific suite? connect@jatindua.com or 437-987-1925.

Please read this. This page is general information for Ontario residents, not legal, tax, financial or investment advice, and it is not a substitute for a lawyer’s review of a status certificate or an accountant’s review of your numbers. Building details are drawn from the public sources listed above on the date shown and can change without notice; where those sources disagree with each other, I have said so rather than picking a number. Always verify unit-specific facts — fees, parking, locker, exclusive-use areas, rules and any special assessment — against the condominium corporation’s own documents before you commit. Not intended to solicit buyers or sellers currently under contract with another brokerage. E. & O.E.

Call or text 437-987-1925
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