Condo of the Week: $680,000 for a loft in a former warehouse in South Riverdale
A hard loft in a former Rexall Drug warehouse. This unit has everything people look for in lofts: high ceilings, exposed brick and wooden beams.
The lower level is a just a foyer. The rest of the unit is up this steel staircase:
Don’t drop your iPhone on these polished concrete floors:
All the living spaces are continuous. The owner has carved out a dining area between the living room and kitchen:
According to the selling agent, the Douglas fir beams are original, but the wood ceilings aren’t. The metal fire doors on the wall to the right are ornamental:
Here’s the bathroom:
And the bedroom:
The building was converted into condos between 2003 and 2008. The current owner of this unit has been here for five years.
Big selling point
The neighbourhood is in demand—just look at the lines at Sweet Jesus—and it’s about to get even busier. First Gulf is proposing the equivalent of four TD Centres south of Eastern Avenue, John Tory is pushing a SmartTrack stop there, and city council’s preferred downtown relief line route suggests a subway station at Queen and Broadview.
Possible deal breaker
Like most condos in converted industrial buildings, this one has no balcony. There is, however, a large shared rooftop terrace with barbecues and views of the downtown skyline.
By the numbers:
• 1,106 square feet
• $554 in monthly maintenance fees
• 1 bathroom
• 1 bedroom
• 1 parking space
• 1 locker
• 1 shared rooftop terrace