371 Wallace Ave 2
Dovercourt-Wallace Emerson-Junction, Toronto, M6P 3N8
FOR SALE
$700,000
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Property 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, andpeople do not often let them go! It was constructed circa 1928 and converted to a condo in 2007. With soaring post and beam ceilings, exposedbrick and duct work, this unit oozes character and history at every corner. Located in the heart of the Junction Triangle, this unique home offersa 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 separatebedroom, and a bathroom with a shower plus soaker tub. Residents have the benefit of the well-appointed gym and 2 visitor parking spots, andthe building is pet-friendly! Surrounded by the eclectic energy of the Junction Triangle, you're steps away from local cafes, parks, the vibrantWest 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 has been re-staged, and current furniture is different to the photos.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2025-01-16 | 2025-01-28 | 12 | $699,000 | - | Terminated |
| 2024-11-18 | 2025-01-13 | 60 | $779,000 | - | Expired |
| 2021-07-05 | 2021-07-12 | 7 | $549,000 | $731,800 | Sold |
Nearby Intersections
Keele & Bloor (20)
Property Features
Cul De Sac, Library, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
700-799
Taxes
$2,711 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned (1)
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.01' x 20.01' | Fireplace, Beamed, Track Lights |
| Dining | Main | 6.99' x 8.01' | Combined W/Living, Beamed, Concrete Floor |
| Kitchen | Main | 6.99' x 10.99' | Concrete Floor, B/I Dishwasher, Ceramic Back Splash |
| Br | Main | 10.01' x 8.99' | Double Closet, Closet Organizers |
| Bathroom | Main | 8.01' x 8.99' | 4 Pc Bath |
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Toronto Market Statistics
Toronto Price Trend
371 Wallace Ave 2 is a 1-bedroom 1-bathroom condo listed for sale at $700,000, which is $142,890 (25.6%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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