237 Wallace Avenue
Dovercourt-Wallace Emerson-Junction
Toronto
M6H 1V5
$1,695,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W14034676
- Photos (27)
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A rare opportunity in the heart of the Junction Triangle creative community! Distinctive 2-storey freehold with common elements space at the 229 Wallace Lofts offering approx. 2,647 sq. ft. of area; 1,405 sq. ft. on the main floor + 1,242 sq. ft. on the second floor. Designed to inspire and built to make an impression, the space pairs dramatic industrial character with polished modern design: soaring 14' main floor and 10' upper floor ceiling heights, exposed structure and ductwork, polished concrete floors, masonry walls, abundant natural light, statement lighting, custom millwork and glass enclosed work areas create a workspace with undeniable grandeur. A private street entrance and expansive storefront facade create a strong presence off of Wallace Ave. Inside, the current layout features a striking reception with custom desk and wood slat canopy, sleek kitchenette, studio, private offices, server rooms, storage plus a washroom per each floor, including a shower upstairs. Separate entrances to each level provide exceptional flexibility for office, studio, creative or professional use. Front and rear access points, a rear terrace and laneway access add even more functionality. Fully outfitted with modernized forced air heating & cooling systems plus supplementary ductless heat pumps means working will be a breeze. Electrical, plumbing, HVAC and lighting improvements have all been completed. Minutes to amenities along Bloor St W, the TTC subway line and Bloor GO Station while the UP Express provides quick access downtown and Pearson Airport. Perfectly situated between cafés, restaurants, shops and a growing mix of creative, tech and professional businesses. Currently zoned E2.0 Employment: proposed uses and alterations subject to zoning, permits and approvals. This is a one of a kind workspace with serious style, flexibility and all with a remarkable street presence. Truly, a must see!
- Property Type:
- Commercial
- Property Sub Type:
- Office
- Freestanding:
- No
- Total Area:
- 2647 sq. ft. Square Feet
- Total Area:
- 2,647 sq. ft.246 m2
- Office/Apt Area:
- 2647 sq. ft. Sq Ft
- Lot Depth:
- 92'4"28.1 m
- Lot Frontage:
- 20'11"6.38 m
- Lot Shape:
- Irregular
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Zoning:
- E 2.0 (Employment; By-law 569-2013)
- Heating type:
- Other
- Garage:
- Outside/Surface
- Parking Spaces:
- 4
- Possession Details:
- TBD
- Lot Irregularities:
- Irregular (MPAC)
- HST Applicable To Sale Price:
- In Addition To
- Assessment:
- $911,000
- Assessment Year:
- 2026
- Type Taxes:
- Annual
- Taxes:
- $16,776.87 / 2026
- Assessment:
- $911,000.00 / 2026
- Toronto
- Toronto W02
- Dovercourt-Wallace Emerson-Junction
- No
- API security monitoring arrangement; two additional parking spaces leased from TCECC No. 2141. Transferability to be confirmed by Buyer. Hot water tank and security recording equipment subject to confirmation of ownership by Seller.
- Custom front reception desk, GE upright refrigerator/freezer, all existing electric light fixtures, window coverings, built-in cabinetry and millwork, plumbing fixtures, heating and air-conditioning equipment including furnaces, central A/C and ductless heat pump systems, all permanently installed electrical and mechanical equipment, and six existing colour video security cameras.
- All Seller removable trade fixtures, furniture & business equipment, incl. individual desks, chairs, tables, computers, monitors, servers, movable server racks, removable IT equipment, media and production equipment, audio visual equipment, tools, supplies + personal/business property of the Seller.
- None
- No
- Utilities:
- Yes
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Condo Fee:
- $152.57
- Expenses Actual/Estimated:
- Estimated
- Heating Expenses:
- $2,100
- Hydro Expenses:
- $16,500
- Insurance Expenses:
- $13,365
- Tax Expenses:
- $16,776.87
- Water Expenses:
- $900
- Year Expenses:
- 2026
- Maintenace Expenses:
- $1,830.84
- Business/Building Name:
- 229 Wallace Lofts
- Category:
- Office
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT
Data was last updated October 15, 2026 at 04:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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