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By Monika Warzecha – Toronto Life
Wallace-Emerson – because urban tastemakers and young families are changing the neighbourhood
With a slate of galleries, restaurants, vintage shops and cafés name checked by urban tastemakers, the stretch of Lansdowne between Dundas and Bloor is no longer risky, seedy and bypassed. It’s now not only the city’s locus of hipster culture, but a destination for families looking for a nice semi in the $500,000s.
The area’s two best real estate pockets — Wallace-Emerson and the adjacent Brockton Village — are blooming with new developments. North of Bloor, empty lots are filling up with new townhouses (including the Brownstones development on Wallace Avenue, west of Perth), work and retail spaces (like the Junction Triangle Lofts) and design-conscious condos (Upside Down, a mid-rise near Dupont aimed at young professionals).
From the railroad tracks west of Perth Avenue to Dufferin; from the railroad tracks above Dupont to Bloor Street
Brockton Village – because Lansdowne’s shedding its grungy skin, without becoming generic
Like Wallace-Emerson next door, Brockton Village is quickly becoming a destination for both urban tastemakers and young families looking for a nice, yet affordable, first home. The area’s Victorian row houses are being scooped up by the first-time buyers you’ll see pushing strollers on the tree-lined streets. Residents have plenty of shops to frequent: along Dundas West, Portugese and Brazilian businesses alternate between new bars and brunch spots.
Railroad tracks off Dundas West, meeting at Dufferin and Queen West, and Bloor Street
Contact the Jeffrey Team for more information – 416−388−1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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By Derek Raymaker – Globe and Mail
The new condominium market is stretching into an eighth straight year of record construction and sales. Very little appears likely to slow it down, as long as interest rates remain relatively low and low-rise house prices stay exceedingly high.
It’s safe to say that condominium construction is well beyond its former status as a niche product. They currently make up more than 40% of the new housing market in Toronto, and are even growing to between 10 and 20% of new housing construction in the 905 suburbs.
The urban townhouse has taken a little longer to distinguish itself in the condominium market, but it’s now taking hold in dozens of residential pockets around established neighbourhoods. These are different from the large-scale row house communities such as those around King Street West or peppered throughout Scarborough, Etobicoke and Mississauga. Urban townhouses are more likely to be infill projects on busier streets or in neighbourhoods dominated by detached or semi-detached housing where high-rises would be quite out of place.
One small-scale urban–townhouse development that has turned a lot of heads in downtown Toronto is Baldwin-McCaul by Greenleaf Homes. The project takes its name from the intersection on which it’s located: Baldwin â€” with its short but trendy promenade â€” and McCaul streets, between Dundas and College.
With prices ranging from $749,900 for 1,608 square feet to $869,900 for 2,207 square feet, these eight slim, three-bedroom townhouses are not necessarily for first-time buyers, but aimed more at professional couples who want a bit more privacy and peace and quiet than traditional condos have to offer.
Greenleaf has been an active player on the suburban detached scene, but they managed to nail down a spectacular location for this inner-city foray. The site is within walking distance of the financial district, the University of Toronto and many other important places in downtown Toronto. And while these brownstone-style townhouses have private single garages in the basement, you’ll be able to get by quite nicely without a car.
While urban townhouses such as those of Baldwin-McCaul often come at a hefty premium, there are more affordable projects in the early stages. The big difference is that they’re likely to be of the stacked variety (meaning two units shared by one four-storey row house) and part of a larger development.
Most urban townhouse developments riff heavily on the design prestige of the Manhattan brownstone. Montevallo Developments has successfully parlayed the cachet of the brownstone into an overnight sales sensation at its Brownstones on Bloor, with all 85 stacked townhouses being snapped up within a week after launching in May.
That’s pretty remarkable since the location â€” on Bloor Street west of Lansdowne Avenue â€” was considered a dodgy and noisy pocket, next to busy railway tracks and a still-active industrial corridor.
Montevallo just launched the Brownstones on Wallace, about two blocks north of the sold-out Bloor location, putting 134 stacked townhouses on the market with prices ranging from $219,900 to $295,000 for between 850 and 1,270 square feet.
The brownstone concept will fit in nicely in this west-end neighbourhood, The Junction, which is considered to be a more affordable area than the formerly working-class neighbourhoods south of Bloor that are now experiencing rapid price increases.
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From The Condo Guide
Brownstones on Wallace, an amazing development by Montevallo Developments, celebrated its grand opening recently, and to no one’s surprise, it was a huge success!
Brownstones on Wallace, located at Wallace, just west of Symington, a few blocks north of Bloor, boasts great features in a charming residential neighbourhood setting. An intimate new collection of smart towns, it is located in an up-and-coming Toronto neighbourhood just minutes from trendy Bloor West Village.
Brownstones on Wallace is designed to complement the dynamic lifestyle of today’s intelligent cosmopolitan. The homes are designed for outdoor relaxation and indoor comfort. Each home offers a patio or roof deck, perfect for barbecues at dusk and leisure moments unwinding in the sun. Efficient space planning and brilliant design touches distinguish these homes as remarkably adaptable and sophisticated places to live. An impeccable canvas, Brownstones features timeless architectural details ideal for accommodating diverse interior visions with elegance and sophistication. In terms of dollar per square foot, these spacious homes represent a great real estate buy in Toronto â€“ making them both a savvy purchase and a wise investment. Three-bedroom, all-brick townhomes start from the mid-$250′s, and include six appliances.
Brownstones on Wallace is located in the heart of it all, surrounded by eclectic shops, charming restaurants, a proposed major Hollywood film studio and luscious parks. Working downtown is a breeze with the Dundas subway and GO station just minutes away.
High Park, a Toronto landmark, is a year-round playground just a short walk from Brownstones. Here, residents find an inviting setting for all kinds of outdoor pursuits. Residents of Brownstones on Wallace will enjoy all the benefits of living in an established neighbourhood: schools, parks, entertainment, a proposed bicycle trail and parkette, and playgrounds are all within walking distance of the Brownstones.
Interiors are dressed to impress, with features including hardwood flooring; Berber or 35-oz. carpeting in bedroom areas and stairs; ceramic flooring in the foyer, kitchen, bathroom and hallway; oak railings and pickets in natural finish; designer-selected hardware; colonial baseboard trim; and designer co-ordinated interior finishing packages.
Chefs rejoice! From top to bottom, the kitchens at Brownstones on Wallace are made especially for you. Choose from a variety of granite countertops, cabinetry and ceramic backsplash to customize your dream kitchen. Sleek stainless steel appliances include an oven with cooking range, a frost-free refrigerator, a dishwasher and a microwave with an integrated range hood fan. For preparing meals and for clean-up afterwards, a double stainless steel sink and single-lever faucet with vegetable sprayer makes each task a breeze.
Whether you’re getting ready for the busy day ahead, or want a place to wind down, your bathroom and ensuite is outfitted with the features to help you achieve your goals. Bathrooms feature full-height ceramic tile surround on the wall around the tub or shower stall, and decorative lighting fixtures add a chic touch. When you’re taking a shower, the single-lever pressure-balanced control installed in each shower head balances water flow and maintains consistent water temperature. Add the finishing touches to your â€˜do with help from the framed mirror above the vanity counter.
Brownstones on Wallace helps you keep your energy consumption to a minimum. Features such as water-saver shower heads; homes that are insulated to meet or exceed Ontario Building Code; thermally insulated, energy-efficient, double-glazed windows; energy-efficient gas-fired combo system with condenser to provide heating/air conditioning with individual thermostat and fan control; and individual metering for gas and electricity will save you money and help protect the environment.
The Condo Guide Magazine is an excellent source of housing information for those looking for information on new condos in Ontario, Canada. We offer the most up-to-date information on new condominiums across the greater Toronto area.
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