Condomonium: $1.5 million for a space in trendy Liberty Village’s Toy Factory Lofts

By Monika Warzecha | January 6, 2012 AT 12:30 pm

By Monika Warzecha | 01/06/2012

AGENT: Caroline Bokar, Forest Hill Real Estate Inc.

PRICE: $1,499,000

THE PLACE: A corner unit in Liberty Village’s Toy Factory Lofts, a century-old building that once housed the Irwin Toy factory.

BRAGGING RIGHTS: Longevity. With all the panic over “throwaway condos,” there’s something gloat-worthy about a building that has this kind of durability—the original steel girders and exposed brick walls not only look pretty, they were built to last.

BIG SELLING POINT: It’s ideal for work-from-home types. There’s more than enough room in the open-concept living area for office space, and the built-in bar area is great for occasional (or frequent) stress-relieving tipples. Plus, the lobby’s been hooked up with Wi-Fi and freelancing tenants have been known to congregate there to make working from home more social.

POSSIBLE DEAL BREAKER: Congestion. Dead-end streets and a condo boom have created traffic chaos in Liberty Village. (But the city’s considering building a new street in the ’hood to help ease congestion, so maybe that will change).

BY THE NUMBERS:
• $1,499,000
• 2,120 square feet
• $699.56 in monthly maintenance fees
• 100 years of history
• 13.5-foot-high ceilings
• 3 walls of windows
• 3 bathrooms
• 2 bedrooms plus den
• 2 balconies