121 Prescott Ave

MTCC 1199

Visitor Parking, Enter Phone System, Pets Allowed

Common Element Maintenance, Heat, Water, Hydro

The Weston-Pellam Park neighbourhood is steeped in history, and the Stockyard Lofts at 121 Prescott Avenue is part of that history! Going far back to 1890 and all the way up to the 1940’s, this factory was built and used to manufacture laces and braids. By 1952, the company Prescott Hide shows up to be using this factory, then a fur company then lastly, a laboratory during the 1960’s.Up until 1998, this factory has had a couple of other names…Studio One Lofts and Prescott Studio Lofts and as of 1998, the Stockyard Lofts conversion was completed. There is quite a bit of speculation as to who owned this property and its units individually over the years. The buzz is that Plazacorp took over and instituted this latest loft conversion (loft owners insist it was Plazacorp Development), but the developers Antonio & Gottdenker pop up too. The exterior façade of the Stockyard Lofts oozes industrial red brick, masonry and large transparent glassworks. This loft residence stands 3 storeys tall and consists of 27 hard loft units.The interior hard loft units vary in sizes & exposures, beginning with studios (565 square feet) and scale up to large 1 bedrooms (1226 square feet). Some of the in-unit features that homebuyers can anticipate seeing is distressed wood beams & pillars, exposed ductwork & piping, reclaimed original pine hardwood flooring, up to 11-foot ceilings, spiral staircases & private rooftop decks in some units, fully exposed brickwork walls, exposed masonry, expansive windows, open concept layouts, modern kitchen appliances with breakfast bars & islands, modern bathrooms, walk-in closets and private balconies.Like many loft-conversion residences, there are not a whole slew of in-building amenities (which is perfect for homebuyers and investors who appreciate low monthly fees). There is ground level parking around 3 sides of the building with some guest parking spaces and enter phone system. The historical average PSF clearly shows there is potential here for a positive return on investment via resale values to date. Skywater Property Management oversees the needs of residents and the daily operations of this loft residence building.The street borders that encompass the Stockyard Lofts (121 Prescott Avenue) are Gilbert Avenue, Norman Avenue, Kipping Avenue and Prescott Avenue. Being within quick arms reach of Caledonia Road, Rogers Road, Old Weston Road and St. Clair Avenue, homebuyers have TTC bus stops dotting these major streets, with Dufferin subway station in the south and Eglinton West subway station in the north. Homebuyers who prefer to drive have a direct route to picking up highway 401 (Weston Road north or Eglinton Avenue east to Allen Road).Rogers Road west towards Old Weston Road intersection holds many great amenities for homebuyers who want access to ‘everyday essentials’ for dining out & shopping (grocery stores, business services, laundromat, bars & lounges, restaurants, hair salon & barber shop, variety store and much more). At Old Weston Road & St. Clair Avenue, buyers will find the Toronto Weston Flea Market.For some outstanding parks, greenspaces and recreational outlets, buyers can take a stroll south on nearby Caledonia Road to Earlscourt Park, or, explore other nearby parks like Wadsworth Park and Sadra Park.