Condomonium: $700,000 for a three-level loft in a heritage industrial building

Condomonium: $700,000 for a three-level loft in a heritage industrial building

ADDRESS: 1100 Lansdowne Avenue, Unit 327

NEIGHBOURHOOD: Dovercourt-Wallace-Emerson-Junction

AGENT: Edwin Brdlik, Toronto Lofts Realty

PRICE: $699,900

THE PLACE: A three-level suite in the Foundry Lofts, the factory built in 1903 for the Canada Foundry Company, and given heritage status this June.

BRAGGING RIGHTS: A really, really big boudoir. The top-floor master bedroom puts snug downtown units to shame, easily fitting a king-sized bed and a sofa with enough room leftover to run your own yoga class.

BIG SELLING POINT: Condo common areas often have all the charm of a motel lobby, but the central atrium in this building is a showstopper. Stretching from floor to peak, the 1600-squre-foot space runs the length of the building and is, well, lofty.

POSSIBLE DEAL BREAKER: While we expect big things for this area of the city, for now it’s still trying to shake its rough-around-the-edges reputation.

BY THE NUMBERS:
• $699,900
• 1,800 square feet
• $670 in monthly maintenance fees
• 109 years of history
• 19-foot-high ceilings on the first floor
• 10-foot-high ceilings in second and third levels
• 3 levels
• 3 bathrooms
• 2 bedrooms (plus a den or third bedroom)
• 1 bar
• 1 parking space