34 days on Market

371 Wallace Ave #2, Toronto, Ontario M6P 3N8

Condo
1
1
~700-799 sqft
$779,000
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Condo
1
1
~700-799 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,043/sqft

Est. Mortgage$3,345/mo

Maintenance fees$574/mo

Tax Amount (2024)$2,711/yr

Days On Market34 days


Description

Step into a piece of Torontos industrial history with this striking, genuine hard loft at Wallace Station Lofts. This building has just 38 suites, and they are seldom available for sale! It was constructed circa 1928 and converted to a condo in 2007. With soaring post and beam ceilings, exposed brick and duct work, this unit oozes character and history at every corner. Located in the heart of the Junction Triangle, this unique home offers a spacious, open-concept layout and one-of-a-kind detailing, in a very desirable area.There is ample space for a living and dining area, a separate bedroom, and a bathroom with a shower plus soaker tub. Residents have the benefit of the well-appointed gym and 2 visitor parking spots, and the building is pet-friendly! Surrounded by the eclectic energy of the Junction Triangle, you're steps away from local cafes, parks, the vibrant West Toronto Railpath. There's easy access to transit options like GO, UP Express and the Dundas West Stn. If you're looking for a unique, character-filled space that captures the essence of loft living, this Wallace Station gem is not to be missed!


Property Details

StyleLoft
View-
Age of property16-30
SqFt~700-799 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW10429316
Community NameThe Junction
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace

Main Floor

Living

6.10 x 2.44

Fireplace / Beamed / Track Lights

Dining

2.44 x 2.13

Combined W/Living / Beamed / Concrete Floor

Kitchen

3.35 x 2.13

Concrete Floor / B/I Dishwasher / Ceramic Back Splash

Br

2.74 x 3.05

Double Closet / Closet Organizers


Parking

Garage spaces -

Garage type -

Total parking spaces 1


Elevator
Inclusions
Hydro
Water
Parking
Cable
Heat

Property listed by EXP REALTY, Brokerage

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Market Data - The Junction

Buyer's Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

37 days

Compared to

2023

14 days

2022

19 days

2021

19 days

New Listings

Past 30 days

39 listings

Compared to

2023

21 listings

2022

6 listings

2021

5 listings

Units sold

Past 30 days

7 units

Compared to

2023

8 units

2022

6 units

2021

15 units

Median Sold Price

Past 30 days

$705,000

Compared to

2023

$781,500

2022

$777,500

2021

$960,000


Population and Demographics

Overview

Total population 29012
Average household income $141,154

Age (%)

35 to 49
27%
20 to 34
24%
50 to 64
19%
0 to 19
18%
65 and plus
13%

Household composition (%)

Single family
53%
Single person
39%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
71%
Portuguese
8%
Spanish
5%
Others
4%
French
2%
Vietnamese
2%
Polish
2%
Yue (Cantonese)
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget