1 day on Market

550 Hopewell Ave #301, Toronto, Ontario M6E 2S6

In the same building:
-
Condo
2
2
~900-999 sqft
$848,900
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$8,489Cashback
Condo
2
2
~900-999 sqft

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Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$896/sqft

Monthly cost

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CMA Subject Property

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+2

Properties sold*

$713K

Median sold price*

*Based on last 30 days

Description

Welcome To Unit 301 At The Highly Sought-After West Village Lofts. A Rare Corner Loft Offering Soaring 13+ Ft Ceilings, An Abundance Of Natural Light From Dual Exposures, And A Rich History As The Former ObusForme Chair Factory. This Unique, Industrial-Chic Space Boasts Polished Concrete Floors, Exposed Ceilings, An Oversized Open-Concept Living/Dining Area, And A Desirable Split-Bedroom Layout That Offers Both Function And Privacy. The Renovated Kitchen Is A Chefs Dream, Featuring Updated Cabinetry, Updated Premium Stainless Steel Appliances including a Bar Fridge, A Sleek Modern Backsplash, And A Waterfall Island With Seating - Plus Direct Walk-Out To A Private Balcony Complete With Gas Line! The Spacious Primary Bedroom Features A Double Closet And Spa-Inspired Ensuite With A Freestanding Soaker Tub, While The Generous Second Bedroom Features A Large Window, Closet, And Direct Access To A Second Full Washroom. A Large Foyer Adds To The Welcoming Feel And Functionality Of The Unit. Enjoy Quick Access To Allen Expressway, Hwy 401, And Yorkdale Mall. Steps To Parks, Sports Courts, And The Scenic Belt-line Trail. Includes Parking And An Oversized Locker Conveniently Located Next To Your Parking Spot. Reasonable Maintenance Fees For The Size And Quality Of This Loft Make It A Smart Investment And A Stylish Home. Don't Miss This Rare Opportunity To Own A Piece Of Authentic Toronto Loft History.


Property Details

StyleLoft
ViewPark/Greenbelt
Age of property-
SqFt~900-999 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberW12297872
Community NameFairbanks
Data SourceTRREB
Listing byROYAL LEPAGE ESTATE REALTY

Features

Heating: Fan Coil
Cooling: Central Air

Flat Floor

Living

5.63 x 2.84

Concrete Floor / Cathedral Ceiling / Combined W/Dining

Dining

5.63 x 2.84

Concrete Floor / W/O To Balcony / combined w/primary

Kitchen

3.33 x 4.4

Centre Island / Granite Counter / Pot Lights

Primary

4.65 x 2.85

4 Pc Ensuite / Separate Shower / Sliding Doors


Features

Patio: Open
Balcony: Open

Parking

Garage spaces 1

Garage type Built-In

Other parking spaces 0

Total parking spaces 1


3Story
Elevator
Amenities

Bbqs Allowed, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jul 21, 2025
ListedActive
$848,900
1 day on market
history photo preview42
Listing by trreb®

Market Data - Fairbanks

Geo Zone Map ThumbnailFairbanks

Strong Buyer's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

27 days

Compared to

2024

29 days

2023

29 days

2022

17 days

New Listings

Past 30 days

4 listings

Compared to

2024

9 listings

2023

4 listings

2022

8 listings

Units sold

Past 30 days

2 units

Compared to

2024

2 units

2023

3 units

2022

3 units

Median Sold Price

Past 30 days

$602,500

Compared to

2024

$712,500

2023

$745,000

2022

$645,000


Population and Demographics

Overview

Total population 17400
Average household income $111,708

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
22%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
61%
Single person
31%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
50%
Portuguese
19%
Spanish
9%
Tagalog (Pilipino, Filipino)
6%
Italian
5%
Others
4%
Vietnamese
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget