Condo of the Week: $500,000 for a Parkdale basement loft that doesn’t feel like a basement loft
The Place: A bright, lower-level loft in Parkdale. The building, which dates back to 1910, previously housed industrial office space but was coverted in 1989 into a mix of residential units and artists’ studios.
Bragging Rights: Notable neighbours. The recording studio across the street draws in music royalty like Drake, the Barenaked Ladies, Feist, and A$AP Rocky.
Big Selling Point: The building is a tight-knit community. The residents have their own Facebook page, garden committee and annual yard sale.
Possible Deal Breaker: The rail corridor is just up the street, so noise pollution from trains—which will include the Union Pearson Express once completed in 2015—is an issue. However, this section of the track will have a “green wall” built as part of Go Transit’s Revitalization Project to help absorb sound.
By the Numbers:
• 1,039 square feet
• $560.93 in monthly maintenance fees
• 200 square feet of windows
• 10-foot ceilings
• 1 bedroom
• 1 bathroom