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Real Estate

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Condo of the Week: $430,000 to live in a former glue factory in the Junction Triangle

Condo of the Week: 371 Wallace Avenue, Suite 22

Address: 371 Wallace Avenue, Suite 22
Neighbourhood: Dovercourt-Wallace-Emerson-Junction
Agent: Karina von Stedingk, Chestnut Park Real Estate Limited, Brokerage
Price: $434,900

The Place: A one-bedroom unit in Wallace Station Hard Lofts, a former glue factory that takes its name from a now-defunct railway station.

Bragging Rights: Proximity to far-reaching public transportation. It’s a short walk to both the Bloor-Danforth subway line and the Bloor GO station—which, though currently under renovation, will be one of two stops between the airport and Toronto on the new Union-Pearson Express, when it opens. (Completion is scheduled for 2015.)

Big Selling Point: The master bedroom has two separate closets, so in theory there won’t be any arguing over who’s taking up more than his or her share of closet space.

Possible Deal Breaker: The single step up from the dining room into the kitchen. Until the buyer is familiar with the perimeter of the space, it may be wise to carry dishes from stove to table with caution.

By the Numbers:

• $434,900
• $454 in monthly maintenance fees
• 965 square feet
• 11-foot ceilings
• 1 bedroom
• 1 bathroom
• 1 parking space
• 1 locker

  • Vic Gedris

    “takes its name from a now-defunct railway station”. Umm… Got a reference for that? I don’t think there was ever actually a “Wallace Station” other than in marketing for this condo. But I’d love to be proven wrong.

  • Omega_Star

    People are crazy to pay that!!

  • unvanquished

    SO beautiful.

  • http://joe-mancinelli.com Joe Mancinelli

    Wow! This is a great reuse of space.

 

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