Upper Beaches Neighbourhood – Community Highlight

As someone who lives and works in the Upper Beaches neighbourhood, I can’t say enough good things about this amazing community.

From the historical and charming homes that date back to the 1800’s and 1900’s, to the 100 year old Norway Maple trees that line the streets, to the great parks for children and pets, the convenient location to all of the shops and restaurants along Kingston Rd and Queen Street East as well as the boardwalk and beach which are only a short walk or drive away, this neighbourhood is truly magical.

During the summer months, you will find many young families at the parks and going for walks along the tree-lined streets while admiring the many different homes and gardens along the way. During the winter, you will find many children and their parents tobogganing down park hills and building snowmen. There’s actually some great hills for tobogganing in the neighbourhood including Cassels Park and Fairmont Park.

If you are a fan of fireworks, you can avoid all of the crowds at Woodbine Beach by setting up some chairs or a blanket on the hill at the north side of Fairmount Park next to Bowmore Public School. From this location, you can enjoy unobstructed views of the Ashbridges Bay fireworks shows from there.

The Upper Beaches is a great community for families and professionals who work in the Financial District but who also want to enjoy a small town community vibe. With the Danforth Go Station being the last stop on the Lakeshore East line before Union Station, it is a quick commute from the Upper Beaches into Toronto’s core. Additionally, the DVP is a short drive from this neighbourhood for those needing access to the highway.

Upper Beaches Real Estate

In the month of November 2022 the average sale price for this area came in at $1,189,506, down 14.7% from  $1,395,991 in November 2021. However, it’s important to note that at the time of these sales, we have been experiencing an unpredictable market due to the combination of continuous rate increases along with the seasonal market adjustments that historically take place each year. Historically, the Upper Beaches and Beaches communities have been some of the strongest Toronto neighbourhoods in regards to the increase in average sale price year over year.

There were 14 sales in the “Upper Beaches” (base on Google map’s definition which differs from TRREB’s community map) in November 2022. Home prices ranged between $699,800 for a two-storey, 3 bedroom, 1 bathroom, semi-detached home with no parking located on Woodbine and which needed to be completed gutted from top to bottom. The highest sale price in November 2022 came in at $1,595,000 for a two-storey, detached home, with 1 car parking, updated interior which maintained most of the home’s original character and which was located on a desirable side street.

In the previous year, there were 20 sales in November 2021. Prices ranged between $880,000 for a 3+1 bedroom, 2 bathroom, semi-detached home, with 1 car parking, slightly updated kitchen but older finishes throughout the remainder of the home, the home was located on Gerrard. The highest sale price for November 2021 was $2,350,000  for a 3 bedroom, 3 bathroom, detached, nicely renovated home with a private 2 car driveway on Norwood Rd.

If you have been considering making a move to the Upper Beaches, I highly recommend it as you will likely love it just as much as my family and I do.

You can view available Upper Beaches homes HERE

If you don’t see any properties that meet your needs, send me your email address along with your search criteria as there’s often hundreds of other properties available on MLS that may suit your needs and which may not appear on this website. Once you have sent me your email address and search criteria, I will set you up on a automatic email update that will send you new listings as they come to market. You will typically receive these Upper Beaches listings before they appear on REALTOR.ca giving you a head start against other buyers.

Do you have questions about buying, selling or the Toronto real estate market in general? Contact me any time with your questions as I am always happy to help!

Chestnut Park Real Estate (Toronto Market Report – November 2022)

In November only 4,544 residential properties were reported sold for the greater Toronto area. This is the lowest number of monthly sales recorded in 2022 and almost 50 percent fewer than the 8,979 sales reported for the same month last year. It has been almost 15 years since the market has seen numbers as low as those produced in November.

Although the average sale price has declined substantially since the spring, in fact it has declined by almost 20 percent, it appears to have stabilized. In November the average sale price for all residential properties sold in the greater Toronto area, including condominium apartments came in at $1,079,395, a 7.2 percent decline compared to last year. As the chart below indicates, there is a substantial range in average sale prices between condominium apartments and detached properties.

Average sales prices in the 905 Region have, since the pandemic market peak in February and March of this year, declined more dramatically than in the City of Toronto. The exodus from the city and its dense living conditions that drove prices up in the communities surrounding the city has greatly dissipated, and with that dissipation, average prices have declined.

One of the factors keeping average sale prices from falling below $1 million has been the lack of supply. In November only 8,880 new properties came to market compared to 10,044 last year, a decline in inventory of almost 12 percent. At this point in this evolving market, sellers are not under any pressure to get their properties on the market and sold. Most property owners in the greater Toronto area have locked into very favourable mortgage financing and it appears are prepared to wait for improved market conditions before making their properties available for sale.

Buyers are still in the market, notwithstanding the shifting market landscape. In addition to the lack of supply, they are constrained by the lack of affordability caused by rapidly rising mortgage interest rates and a wait-and-see attitude. Buyers are trying to determine if mortgage financing costs have stabilized and what their future direction might be, and if in turn home prices have reached the low point of their decline.

Unfortunately, it is too early to make this determination. As this Market Report was being prepared the Bank of Canada once again increased its benchmark rate. In February it was 0.25 percent, an unprecedented increase of 1,600 percent in only 9 months. It’s not surprising that buyers are on the market sidelines, wondering where the residential real estate market is headed.

As painful as the latest increase in the Bank of Canada’s benchmark rate maybe there is some positive light in the Bank’s most recent announcement. In raising the rate to 4.25 percent, it indicated that further increase may be at an end. In the past, all rate hikes were accompanied by announcements stating that further increases could be expected, and they were delivered. This time the Bank indicated that it will assess the inflation landscape in January and depending on its findings, only then decide if further increases are necessary. If the Bank concludes that no further increases are necessary at its next meeting, that will be the signal that the real estate marketplace that we have been experiencing is at an end. At that time and the resale market will begin to adjust to the new normal which will result in greater buyer participation and increased sales.

Have questions about the market, selling or buying?

Contact me any time. I’m happy to answer any questions you may have.

Prepared by Chris Kapches, LLB, President and CEO, Broker, Chestnut Park® Real Estate Limited, Brokerage.

Downsizing From A Home To A Condo In Toronto

The thought of downsizing from a home to a condo can be overwhelming but the time does eventually come to do so.

Maybe you’re tired of maintaining a large home that was once perfect for your growing family or you simply want to free up some of the equity in your home so you can do all of the things you’ve been dreaming of doing for many years. There are many reasons why downsizing from a house to a condo makes sense.

Over the years, I have helped many clients with selling their large homes and downsizing to condos. In each case, my clients have been extremely happy with the decision to downsize and have enjoyed the low maintenance lifestyle that comes along with condo living.

If you’re  considering downsizing to a condo from a home, you may not be familiar with the process of buying and moving into a Toronto condo. No need to worry, moving to a condo from a home can be confusing for most who have never been through the process. In order to help you understand the process and to provide you with some helpful tips, I have included the information below. In addition to helpful tips, I have also included a list of the best Toronto condos for downsizing later in this blog post. Hopefully this information helpful to you.

Buying A Condo – The Process

Step #1 Find The Right Real Estate Agent To Work With

It’s important that you work with a local full-time Toronto real estate agent who knows the local market and the different condo buildings extremely well. Don’t make the mistake of using a real estate agent from outside of the city as this can be a big and costly mistake. A local agent will know details about each different condo building, each different neighbourhood, the local developments in the areas around your buildings of interest (current and upcoming projects) as well as market trends better than an outside agent.

Step #2 View As Many Condos As Possible

Don’t make the mistake of buying the first condo that you see in person. A lot of buyers get excited and decide to make a pre-mature decision. You are always better off viewing several condos before making your final decision. By taking this approach, you will be able to avoid buyer’s remorse after you have bought.

Step #3 Review The Status Certificate

If you don’t know what a status certificate is, don’t stress, you can learn what a status certificate is HERE. In short, a status certificate is a condo building’s report card which includes a wide range of details, including, but not limited to: the financial health of the condo, any law suits the condo is currently involved in, the rules and bylaws of the condo and much more. You will want to review the status certificate prior to submitting an offer on a property.

Pro Tip: always make sure you get a real estate lawyer to review the status certificate before submitting an offer. Alternatively, you can make the offer conditional on the review of the status certificate if your lawyer can’t review it prior to you submitting an offer.

Step #4 Submit The Offer

Once you have decided on the right condo for you, it’s time to submit your offer. Your agent will put together the paperwork for you and will include clauses and conditions in the offer to protect your rights and interests. Once the offer is accepted, you will be required to submit the deposit (typically 5% or more of the purchase price) to the listing brokerage (typically within 24 hours of acceptance of the offer).

Step #5

Your lawyer and the seller’s lawyer will handle the closing process on the closing date including transferring the funds and title. Once all of this is done, you are now the new owner.

 

I’ve included some helpful tips regarding things you will want to attend to between the time that your offer is accepted and the closing date.

Helpful Tips For After You Have Bought

 

1 Deer Park Crescent, Toronto, ON

1 Deer Park crescent is located in Deer Park, one of Toronto’s most desirable neighbourhoods. This building includes luxurious finishes throughout and 9′ ceilings. The suites range between approximately 500-1,600 square feet. Between January 2022 and the time of this blog post, December 2022, prices in 1 Deer Park Crescent Ave have ranged between $500,000 for a 1 bedroom, 1 bathroom suite and $1,020,000 for a 2 bedroom, 2 bathroom suite.

The Avenue, is a 19 storey condo building located on the south-west corner of Avenue Road and St Clair Avenue West. The building consists of suites ranging between 825-3,895 square feet and includes luxurious finishes throughout. Between January 2022 and the time of this blog post, December 2022, prices in 155 St Clair Ave W have ranged between $1,390,000 for a 2 bedroom, 2 bathroom suite and $2,700,000 for a 2+1 bedroom, 3 bathroom suite.

 

38 Avoca Ave, Toronto, ON

The Avoca Vale offers a wide range of suites ranging between approximately 640-2,300 square feet.This building is conveniently located to the many shops and restaurants located at Yonge & St Clair as well as the beautiful and recently renovated David Belfour Park and trail. Between January 2022 and the time of this blog post, December 2022, prices in “Avoca Vale” have ranged between $651,000 for a 1 bedroom, 1 bathroom suite and $2,200,000 for a 2 bedroom, 2 bathroom suite.

 

40 Rosehill Ave, Toronto, ON

40 Rosehill is a 15 storey building which includes suites ranging between approximately 1,130-3,300 square feet. This building is conveniently located steps to shops and restaurants along Yonge Street as well as David Balfour Park and trail. Between January 2022 and the time of this blog post, December 2022, prices in 40 Rosehill Ave have ranged between $1,475,000 for a 2 bedroom, 2 bathroom suite and $2,950,000 for a 3+1 bedroom, 3 bathroom suite.

 

1231 Yonge Street, Toronto, ON

If you are looking for spacious suites at a more affordable price point than other buildings in the surrounding Rosedale and Summerhill neighbourhoods, 1231 Yonge Street is a good option to consider. Although the exterior of the building isn’t the most glamorous, the suites range between 615-1,760 square feet and offer several good layouts. Residents enjoy the convenient location and easy access to local shops and restaurants. There has only been one sale between January 2022  and the time of this blog post, December 2022 which was a 1+1 bedroom, 1 bathroom suite that sold for $789,000

 

 

40 Oaklands Ave, Toronto, ON

 

1 Benvenuto Place, Toronto

The Benvenuto was once a hotel in 1955 but was retrofitted by the current owners. The building includes suites ranging between approximately 370-3,500 square feet. The building is also home to “Scaramouche”, one of Toronto’s infamous fine dining destinations. One of the most notable features of this condo is its rooftop gym which includes breathtaking views of the Toronto skyline and Lake Ontario. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,425,000 for a 2 bedroom, 2 bathroom suite and $2,425,000 for a 2 bedroom, 2 bathroom suite. 

 

2 Roxborough Street E, Toronto, ON

 

133 Hazelton Ave, Toronto, ON

Hazelton Residences consists of only nine storeys with suites ranging between approximately 700-4,400 square feet. This luxury condo is located steps from the heart of Yorkville. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,300,000 for a 1 bedroom, 1 bathroom suite and $3,995,000 for a 2 bedroom, 3 bathroom suite. 

 

1 St Thomas Street, Toronto, ON

If luxury living is your top priority, 1 St Thomas Street will not disappoint. This art-deco masterpiece is one of the most iconic condos in Toronto. Residents enjoy high-end finishes throughout the building and suites as well as stunning views of the city. It is conveniently located steps to Yorkville and the first class shopping along Bloor Street. Suites range between approximately 475-8,400 square feet. Between January 2022 and  the time of this blog post, December 2022, there have only been two sales with prices ranging between $3,200,000 for a 2 bedroom, 3 bathroom suite and $7,980,000 for a 3 bedroom, 5 bathroom townhome condo.

 

77 Charles Street West, Toronto, ON

77 Charles Street West consists of 16 storeys and only 56 suites which range between approximately 1,100-3,800 square feet. This luxury condo includes high-end finishes throughout and is conveniently located steps to the heart of Yorkville along with the many fabulous restaurants and shops that it has to offer. Between January 2022 and  the time of this blog post, December 2022, there have only been two sales with prices ranging between $2,545,000 for a 1+1 bedroom, 2 bathroom suite and $2,850,000 for a 2 bedroom, 2 bathroom suite. 

 

35 Balmuto Street, Toronto, ON

Uptown Residences consists of over 280 suites ranging between approximately 380-2,280 square feet. Residents enjoy the convenient location of this building as well as the stunning views from the higher floors. With Yorkville steps away you won’t have any issues with finding the perfect restaurant for dinner or the new attire you have been needing from one of the many high-end stores in the area to choose from. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $710,000 for a 1+1 bedroom, 1 bathroom suite and $1,545,000 for a 2+1 bedroom, 3 bathroom suite.

 

15 Mcmurrich Street, Toronto, ON

15 Mcmurrich is located within the Yorkville community. Although this building would not be considered a luxury building like many other Yorkville condos, this condo is  popular amongst those looking for spacious layouts as the suites range between approximately 1,200-1,800 square feet. The building is conveniently located steps from Yorkville’s notorious restaurants and shops and is also steps from the Yonge Street subway line. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $760,000 for a 1+1 bedroom, 3 bathroom suite and $1,475,000 for a 2 bedroom, 2 bathroom suite.

 

80 & 100 Yorkville Ave, Toronto, ON

The towers located at 80 & 100 Yorkville Ave offer luxury living in the heart of Yorkville and are steps from the many restaurants, shops and cafes in the area. With 10 foot ceilings and high-end finishes throughout, these towers should definitely be considered when looking to downsize. Suites range between approximately 700-5,700 square feet. There has only been one sale in the building between January 2021 and the time of this blog post, December 2022. The Suite that sold was 2 bedroom / 3 bathroom suite and sold for $3,000,000.

 

68 Yorkville Ave, Toronto, ON

The Regency Yorkville  includes a wide range of suites including one bedroom suites to three and four bedroom penthouse suites as well as two townhomes. Suites range between approximately 520-5,900 square feet. Residents enjoy the convenient location and the many great restaurants and shops in Yorkville and along Bloor Street. There has only been two sales in the building between January and the time of this blog post, December 2022. The Suites that sold were both 2+1 bedroom / 2 bathroom suites. One sold for $1,747,000 and the other for $2,250,000

 

38 Avenue Rd, Toronto, ON

The Prince Arthur is one of Yorkville’s first luxury condo buildings. The condo consists of 24 storeys and 152 suites. Suites range between approximately 750-4,450 square feet. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,370,000 for a 1 bedroom, 2 bathroom suite and $2,835,000 for a 2+1 bedroom, 3 bathroom suite.

 

 

311 Bay Street, Toronto, ON

The St. Regis Residences is one of Toronto’s most luxurious and sought after condos. The building consists of 39 storeys and 379 luxury condo suites that range between approximately 570-11,755 square feet. Residents enjoy high finishes throughout as well as first-class amenities. The convenient location is perfect for those who are looking to live in the heart of Toronto. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,610,000 for a 1+1 bedroom, 2 bathroom suite and $2,925,000 for a 2+1 bedroom, 3 bathroom suite.

 

88 Scott Street, Toronto, ON

88 Scott consists of 58 storeys and 525 suites ranging between 278-4,503 square feet with stunning views of both the city and lake. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $490,000 for a 0 bedroom, 1 bathroom suite and $4,280,000 for a 3 bedroom, 5 bathroom suite.

 

 

65 & 55 Harbour Square, Toronto, ON

 

480 & 460 Queens Quay West, Toronto, ON

Kings Landing consists of only 11 storeys and 101 suites with many of them enjoying large terraces and views of Lake Ontario as well as the city. Suites range between approximately 1,215-4,472 square feet making them some of the largest condos within the Harbourfront community. Residents enjoy easy access to the water, the Music Garden and Queens Quay TTC streetcar line located directly in front of the building. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,850,000 for a 2 bedroom, 2 bathroom suite and $1,990,000 for a 2 bedroom, 3 bathroom suite.

 

 

EAST TORONTO

39 Jarvis Street, Toronto, ON 

The Saint James consists of 103 suites ranging between approximately 378-2,465 square feet. Residents enjoy easy access to the St Lawrence Market as well as the many great shops and restaurants in the St Lawrence Market community. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $645,000 for a 1 bedroom, 1 bathroom suite and $1,280,00 for a 1+1 bedroom, 2 bathroom suite.

 

70 Distillery Lane, Toronto, ON

70 Distillery Lane is located in Toronto’s beautiful and historical Distillery District. The building consists of 40 storeys and over 350 suites that range between approximately 524-1,871 square feet and enjoy stunning views of the city and Lake Ontario. The amenities in 70 Distillery Lane are excellent and include a rooftop pool and lounge area, party room with city views, gym, yoga studio, games room and saunas. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $575,000 for a 1 bedroom, 1 bathroom suite and $1,450,00 for a 2 bedroom, 2 bathroom suite.

390 Cherry Street, Toronto, ON

The Gooderham consists of 36 storeys and has 320 suites which approximately range between 493-1,527 square feet and which enjoy stunning city and lake views. Residents enjoy first-class amenities as well as the many different restaurants, shops and cafes found within the historical Distillery District. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $675,000 for a 1+1 bedroom, 1 bathroom suite and $1,700,00 for a 2+1 bedroom, 2 bathroom suite.

 

55 Merchants’ Wharf, Toronto, ON

Aquilina at Bayside is a new development and is the first condo to be built in the new Bayside community. The building consists of 13 storeys and 362 suites ranging between approximately 532-3,179 square feet with stunning views of both the city and Lake Ontario. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $650,000 for a 1 bedroom, 1 bathroom suite and $2,470,00 for a 2+1 bedroom, 3 bathroom suite.

 

1 Edgewater Drive, Toronto, ON

Aquavista at Bayside consists of suites ranging between 462-3,796 square feet with breathtaking city and lake views. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $610,000 for a 1 bedroom, 1 bathroom suite and $915,000 for a 2 bedroom, 2 bathroom suite.

 

118 Merchants’ Wharf, Toronto, ON 

Aquabella consists of 12 storeys and 173 suites ranging between approximately 1,616-4,061 square feet with many including massive terraces overlooking the harbour. Aquabella is the true definition of luxury living on the water in Toronto. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $810,000 for a 2 bedroom, 2 bathroom suite and $2,495,000 for a 2 bedroom, 3 bathroom suite.

 

68 Broadview Ave, Toronto, ON

Broadview Lofts consists of a wide range of beautiful hard lofts with wood post and beams, exposed brick, concrete floors and massive black framed windows. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $809,000 for a 1 bedroom, 1 bathroom loft and $1,584,500 for a 2+1 bedroom, 1 bathroom loft.

 

9 Boardwalk Drive, Toronto, ON 

The Boardwalk II consists of 9 storeys and only 98 suites ranging between approximately 584-2,280 square feet. Residents enjoy easy access to Woodbine Beach directly across Lake Shore Blvd East as well as the boardwalk which is a popular destination for locals for both early morning and sunset walks by the beach. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,500,000 for a 2 bedroom, 2 bathroom suite and $1,549,900 for a 2 bedroom, 2 bathroom suite.

 

899 Queen Street East, Toronto, ON

The Logan Residences is located in South Riverdale and consists of only 6 storeys and 69 suites that range between approximately 611-1,648 square feet. Residents enjoy easy access to the Queen streetcar line as well as the many great restaurants and shops along Queen Street East. Between January 2022 and  the time of this blog post, December 2022, there has only been one sale which was a 2 bedroom, 2 bathroom suite which sold for $1,150,000. 

 

201 Carlaw Avenue, Toronto, ON

The Printing Factory lofts is a popular condo amongst those who prefer living in a loft versus a traditional condo. This unique condo building consists of a wide range of lofts that range between approximately 460-1,560 square feet. If you’re looking for a traditional loft building, this may be the perfect fit for you. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $695,000 for a 1 bedroom, 1 bathroom suite and $1,100,000 for a 2 bedroom, 2 bathroom suite.

 

 

 

WEST TORONTO

637 Lake Shore Blvd West, Toronto, ON

Tip Top Lofts is one of Toronto’s most iconic condos which consists of 11 storeys and 256 lofts with soaring ceilings, open concepts and large bright windows. Lofts range between approximately 400-3,209 square feet. Residents enjoy easy access to Toronto’s waterfront, as well as the expansive Coronation Park including the very popular Coronation Dog Park. With a TTC streetcar line directly in front of the building running along Lake Share Blvd W, getting around the city is a piece of cake. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $801,000 for a 1 bedroom, 1 bathroom loft and $2,495,000 for a 2+1 bedroom, 2 bathroom suite.

 

25 Oxley Street, Toronto, ON

Glas consists of 16 storeys and over 160 suites ranging between approximately 409-1,891 square feet. This building is conveniently located steps from Toronto’s Entertainment District where residents enjoy the many different entertainment options and restaurants. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $520,000 for a 1 bedroom, 1 bathroom loft and $1,300,000 for a 2+1 bedroom, 2 bathroom loft.

 

88 Blue Jays Way, Toronto, ON

The Bisha Hotel and Residence consists of 355 suites that range between approximately 370-2,552 square feet. Many of the suites offer breathtaking city and lake views and residents enjoy first class amenities and fine dining options within the building as well as the surrounding area. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $500,000 for a 0+1 bedroom, 1 bathroom suite and $2,050,000 for a 2+1 bedroom, 3 bathroom suite.

 

80 John Street, Toronto, ON

Festival Tower consists of 46 storeys and over 370 suites ranging between approximately 487-2,765 square feet with stunning views of Toronto. Residents enjoy a wide range of amenities and services including dog walking, spa, housekeeping services and more. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $624,000 for a 1 bedroom, 1 bathroom suite and $2,550,000 for a 2+1 bedroom, 2 bathroom suite.

 

955 Queen Street West, Toronto, ON 

The Chocolate Company Lofts are a great option for those looking to enjoy the hustle and bustle of Queen Street West and Trinity Bellwoods. This building includes suites of many sizes which include 10.5′ ceiling heights, massive bright windows and concrete floors. Residents enjoy the many different shops and restaurants along Queen Street West. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $627,500 for a 0+1 bedroom, 1 bathroom loft and $1,180,000 for a 2 bedroom, 2 bathroom loft.

 

993 Queen Street West, Toronto, ON

The Candy Factory Lofts was once an actual candy factory owned by Ce De Candy Company. This beautiful building consists of only 6 storeys and 121 lofts that range between approximately 920-4,273 square feet and include 12-14 foot ceilings. This building is truly one of a kind. Residents enjoy the many great shops and restaurants in the area as well as the beautiful Trinity Bellwoods which include breathtaking cherry blossoms in the spring. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $1,300,000 for a 1 bedroom, 1 bathroom loft and $2,625,000 for a 2+1 bedroom, 2 bathroom loft.

 

901 Queen Street West, Toronto, ON

Trinity Park Lofts consists of 7 storeys and includes lofts of various sizes ranging between approximately 401-1,560 square feet. It’s convenient location is perfect for those who enjoy the hustle and bustle of city living. Residents enjoy easy access to Trinity Bellwood Park located directly across the street as well as the many restaurants and shops along Queen Street West. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $750,000 for a 1+1 bedroom, 1 bathroom loft and $901,000 for a 1+1 bedroom, 1 bathroom loft.

 

505 Richmond Street West, Toronto, ON

WaterWorks Toronto is a newer development which consists of 13 storeys and 299 suites ranging between approximately 550-2,500 square feet. Residents enjoy easy access to the many great restaurants, cafes and shops along both King West, Queen West and Spadina. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $695,000 for a 1 bedroom, 1 bathroom suite and $2,600,000 for a 2+1 bedroom, 3 bathroom suite.

 

438 Richmond Street West, Toronto, ON

The Morgan consists of a wide range of suites that range between approximately 412-4,110 square feet. The building is located on the north-west corner for Richmond Street and Spadina and can’t be missed due to its beautiful design. Residents enjoy easy access to everything the core of Toronto has to offer. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $630,000 for a 1+1 bedroom, 1 bathroom suite and $1,870,000 for a 2 bedroom, 3 bathroom suite.

 

388 Richmond Street West, Toronto, ON

District Lofts lofts consists of a wide range of award-winning, two-storey lofts which include 18′ windows. Lofts range between approximately 610-2,450 square feet and offer beautiful city views. The building is conveniently located steps from Richmond and Spadina where you can find many great shops, restaurants and cafes. Between January 2022 and  the time of this blog post, December 2022, prices have ranged between $700,000 for a 1 bedroom, 1 bathroom loft and $1,110,000 for a 2 bedroom, 1 bathroom loft.

 

Are you thinking of making a move, downsizing or have questions about the current market? I’ve helped many clients with making the transition from a larger home to a condo and would be more than happy to help you.  Feel free to contact me any time with your questions. I’m always happy to help.