$1,199,000 - 371 Wallace Avenue Unit 39, Bloor West Village
Condo for Sale in Bloor West Village
Neighbourhood: Dovercourt-Wallace Emerson-Junction
- MLS Number
- W13464198
- Property Type
- Condo
- Status
- active
- Days on Site
- 19
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Locker
- None
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- NEW ERA REAL ESTATE
Welcome to Wallace Station Lofts! This renovated 2 bedroom, 2 bathroom loft in the sought-after Coach House offers the perfect blend of style, character, and convenience. Featuring high ceilings, engineered oak flooring throughout, and a bright open-concept layout, this is the kind of space that feels good the moment you walk through the door. The stylish kitchen features stainless steel appliances, custom cabinetry, and a large island with a black honed granite waterfall countertop. The spacious primary bedroom offers a walk-in closet and private ensuite, while the second bedroom provides flexibility for guests, a home office, or both. One of the standout features? Two outdoor spaces. Enjoy a south and east-facing rooftop terrace that's perfect for entertaining, summer BBQs, or simply soaking up the sun. There's also a private balcony off the second bedroom for your morning coffee or evening drink. Part of an intimate 39-unit community within one of Toronto's historic loft conversions, Wallace Station Lofts offers a unique living experience that's increasingly difficult to find. Leave the car at home. The UP Express, Bloor GO Station, and Dundas West TTC are just around the corner, providing quick access downtown, across the GTA, and to Pearson Airport. You're also steps to the West Toronto Rail path, Roncesvalles, local cafés, restaurants, breweries, and everything that makes Toronto's west end such a desirable place to live. Add in front door parking, on-demand hot water, and full control over your own heating and cooling year-round, and you have a condo that's equal parts stylish, functional, and fun. Urban living doesn't get much better than this.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Dovercourt-Wallace Emerson-Junction
Dovercourt-Wallace Emerson-Junction is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Dovercourt-Wallace Emerson-Junction
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Dovercourt-Wallace Emerson-Junction offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
371 Wallace Avenue Unit 39, Bloor West Village / Swansea
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1199/sqft, this property is priced above the Bloor West Village average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 19 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
About Dovercourt-Wallace Emerson-Junction
I know Dovercourt-Wallace Emerson-Junction well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,996 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.