371 Wallace Ave

TSCC 1829

Public Transit, Party Room, Visitor Parking, Meeting / Function Room, Enter Phone System, BBQs, Pets Allowed

Common Element Maintenance, Building Insurance, Water

Once considered the industrial sector of the Dovercourt-Wallace Emerson-Junction neighbourhood, this area of Toronto has been flourishing over the years into a now vibrant, mixed-use community…and Wallace Station Lofts can be found sitting neatly within it!The Wallace Station Lofts building was originally a glue factory built in the 1920’s and was used for various purposes over the years. It was in the early 2000’s that antique dealer George Powers decided that he wanted to (yet again) dabble in the real estate industry and noticing that this building was being converted into loft-styled units by George Vandenbergh & Terradigm Developments Inc., he decided to buy out all bidders. The authentic conversion to loft units was completed by 2007 and has maintained its original architecture & façade of red brickwork and cast-iron hardware. Still standing 4 storeys tall and now encompassing 38 hard loft units, the Wallace Station Lofts (371 Wallace Avenue) is a true hard loft conversion.The interior hard loft units vary in sizes, exposures and layouts, beginning with some multi-level 1 bedrooms (642 square feet) and scaling up to dimensionally generous 2 bedrooms + den (2331 square feet). Having an antique dealer smother the Wallace Station Lofts with intricate ‘aged’ detailing, homebuyers can anticipate seeing in-unit features like up to 14-foot ceilings, hardwood flooring, expansive ‘industrial-like’ windows and some units have skylights for loads of natural light, fireplaces, granite countertops & kitchen islands, large closets, modern bathrooms and spacious terraces/patios and balconies.Like many loft conversion buildings in and around the great city of Toronto, there are not many in-building amenities, but the Wallace Station Lofts does have above ground parking, a gym and each loft units have fantastic expansive terraces for upper level units and spacious patios for the ground floor units, which are great spaces for entertaining, BBQing and relaxing. The historical average PSF for the Wallace Station Lofts shows plenty of potential for a positive return on investments, which is great news for all level buyers! Enhancing this loft residence even more is the presence and friendly staff of Maple Ridge Community Management, which is available to attend to residents needs and oversee the daily operations of this loft building.Surrounded by Elsie Lane, Ernest Avenue, the West Toronto Railpath and Wallace Avenue, the Wallace Station Lofts is perfectly situated for homebuyers that want easily accessible transportation & amenities! Homebuyers have a very short stroll (across the Wallace Pedestrian Bridge) to gain access to Dundas Street West, which just south of where the bridge & Dundas meet, are TTC public transit bus stops (which make their way south to nearby Dundas West subway station). Motorists also have an easy and direct route to the Gardiner Expressway in the south by simply picking up nearby Bloor Street (via Symington Avenue south) and head west on Bloor Street to Parkside Drive (heading south on Parkside Drive will connect with Lake Shore Blvd. and its access ramps for the Gardiner Expressway).All along Dundas Street are plentiful amenities that are useful for everyday essentials (using the Wallace Pedestrian Bridge as a shortcut), buyers can walk to nearby business services, grocery store, pharmacy, deli, hair salon & café, with a few more amenities right at the Dundas & Bloor intersection. A heavier congestion of amenities can be found by heading east on Bloor Street (which will also provide access to the highly enjoyable High Park!).