237 Wallace Avenue, Toronto, ON M6H 1V5
Dovercourt-Wallace Emerson-Junction · W02 · M6H 1V5
$1,695,000
$640 / sq ft3 weeks on market
- Bathrooms
- 2
- Total area
- 2,647 sf
- Lot
- 20.92 × 92.32 ft
What's special
- Outside/surface garage
- Yes
About this property
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 details
Property
- Property type
- office
- Bathrooms
- 2
- Interior size
- 2,647 sq ft
- Lot size
- 20.92 × 92.32 ft
- Zoning
- E 2.0 (Employment; By-law 569-2013)
- Possession
- TBD
Interior
- Heating
- Other
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
- Sewer
- Sanitary+Storm
Costs
- List price
- $1,695,000
- Property taxes
- $16,777 / year (2026)
- Price per sq ft
- $640
- Rental items
- API security monitoring arrangement; two additional parking spaces leased from TCECC No. 2141. Transferability to be confirmed by Buyer. Security recording equipment and monitoring transferability subject to confirmation by Seller.
Listing
- MLS® number
- W14034676
- Status
- For sale
- Listed
- October 15, 2026
- Days on market
- 21
- Last updated
- October 15, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 74% of comparable office listings in Toronto are asking less.
- This home
- $640 / sq ft
- Comparable median
- $618 / sq ft
Based on 95 comparable active office listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $7,497.56
- Property tax (est.)
- $1,398.07
- Estimated monthly
- $8,896
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $30,375
- Toronto municipal
- $30,375
- Total due on closing
- $60,750
An estimate on the asking price of $1,695,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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