Salehian.com 647-325-5000

237 Wallace Avenue

Dovercourt-Wallace Emerson-Junction, Toronto, M6H 1V5

$1,695,000

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  • 2 bathrooms

Listed 5 days ago · MLS® W14034676

About this home

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!

Details

Type
Office
Lot
20.92 × 92.32 ft
Garage
Outside/Surface
Property tax
$16,777 (2026)
Neighbourhood
Dovercourt-Wallace Emerson-Junction
Municipality
Toronto W02

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
2,647 Square Feet

More

Possession
TBD
Cross street
Wallace Avenue / Lansdowne Avenue

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Lansdowne Subway6 min walk
  • 🚇 Bloor UP Express9 min walk
  • 🚆 Exhibition GO3.6 km

Within a 10-minute walk: 12 grocery stores, 72 cafés and restaurants, 13 parks, 9 pharmacies. Nearest grocery: Wallace Market (250 m). Nearest park: Erwin Krickhahn Park (250 m).

Schools nearby

Elementary

  • St. Luigi Catholic School Catholic
    EQAO: Gr 3 reading 42%, math 17%    7 min walk
  • Perth Avenue Junior Public School
    EQAO: Gr 6 reading 90%, math 68%    8 min walk
  • St. Sebastian Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 69%    9 min walk
  • Pauline Junior Public School
    EQAO: Gr 6 reading 96%, math 65%    9 min walk

Secondary

  • Bishop Marrocco/Thomas Merton Catholic Secondary School Catholic
    EQAO: Gr 9 math 41%, literacy test 69%    11 min walk
  • Bloor Collegiate Institute ALPHA Alternative School Secondary12 min walk
  • La passerelle secondaire French17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6H

Owners / renters
48% / 52%
Median household income
$83,000
Average age
41
Children under 15
12%
Homes
11% detached, 18% high-rise
Commute by transit
30%
Population
43,730

Languages spoken most at home besides English: Portuguese 8.5%, Spanish 2.3%, Yue (Cantonese) 1.8%, Italian 1.4%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Junction-Wallace Emerson (2025): about the Toronto average, down 9% from the year before.

  • Assaultabout average
  • Break and enter22% above average
  • Auto theft52% below average
  • Robbery54% below average
  • Theft from vehiclesabout average
  • Shootings56% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 7 active

  • 224 WALLACE AVE · 100 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Standalone Official Plan Amendment application to redesignate the subject site from Core Employment Areas to Mixed Use Areas.
    Application details
  • 221 STERLING RD · 400 m
    Site Plan · Under Review · applied 2024
    Site Plan Approval for three residential towers of 27, 24 and 21 storeys in height. There will be a total gross floor area of 55,236.7 square metres and a…
    Application details
  • 1293 BLOOR ST W · 500 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    The Site is proposed to be redeveloped with a new 28-storey (plus mechanical penthouse) mixed-use building. A total gross floor area of 18,392 square metres is…
    Application details
  • 1293 BLOOR ST W · 500 m
    Site Plan · Under Review · applied 2022
    The Site is proposed to be redeveloped with a new 28-storey (plus mechanical penthouse) mixed-use building. A total gross floor area of 18,392 square metres is…
    Application details
  • 1319 BLOOR ST W · 450 m
    Site Plan · Under Review · applied 2021
    Site Plan Approval for a mixed-use building comprised of two towers having heights of 31 and 33-storeys atop a podium ranging in height between 4 and…
    Application details
  • 221 STERLING RD · 400 m
    Plan of Subdivision · Appeal Received · applied 2021
    Draft Plan of Subdivision application to advance associated Site Plan Control Applicaiton (24 236349 STE 09 SA) to satisfy Ontario Land Tribunal interim order…
    Application details

5 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (GO Transit Newmarket Subdivision)50 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built E

Employment Industrial.

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

3 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

31 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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