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Working in the Leslieville/Riverside area, we often have clients ask us which condos and lofts we think are the coolest in the neighbourhood. After a recent meeting with a new client who asked us this same question, we decided it would be a good idea to write a list of our Top 5 Lofts In Leslieville. It wasn’t easy because there are a lot of great ones to choose from but here’s our top 5!

68 Broadview was built in 1914 and the building originally served as a Rexall Warehouse. In 2007, The Sorbara Group converted this building in to true hard lofts that are absolutely stunning! They salvaged several of the building’s original fixtures and hardware, and redistributed them within the building.

What makes The Broadview Lofts so cool?
• Tongue and groove wood ceilings
• Exposed brick walls
• Fantastic management with current maintenance fees around $0.39 per square foot
• Roof top terrace and large party room with unobstructed views of the Toronto skyline

# of units: 154
# of storeys: 6
Walk Score: 86

The Wrigley Building dates back to the early 1900s and was once home to a Wrigley’s chewing gum factory. The building was converted to hard lofts in 1998 and maintains its authenticity from top to bottom. As soon as you step inside the front entrance and onto the original elevator, you feel like you’ve gone back in time. The Wrigley Lofts have been known to attract photographers, fashion designers and entrepreneurs to name a few.

What makes Wrigley so cool?
• Massive warehouse windows
• Concrete mushroom columns
• A wide array of different sized units with different finishes
• Open concept living
• 14 foot ceilings
• Live/Work building

# of units: 79
# of storeys: 5
Walk Score: 95

The Garment Factory
was converted into residential units in 2008. Atria Developments did a phenomenal job of integrating the old and new parts of the building seamlessly with a combination of traditional old brick and modern additions of steel and glass on the upper levels.

What makes The Garment Factory so cool?
• Exposed concrete ceilings
• Restored concrete floors
• Large terraces and balconies
• Strong community feel
• Extremely pet friendly
• Live/Work building

# of units: 150
# of storeys: 8
Walk Score: 95

The Sync Lofts were completed in 2013 by Streetcar Developments. The exterior of the building is an esthetically appealing mixture of brick and glass and the interior is sophisticated and chic with modern advancements including built-in iPod docking stations and pre-wired speakers. You can’t beat this location with so many great shops, restaurants and bars just minutes away as well as Dark Horse Espresso Bar conveniently located on the main floor of the building.

What makes The Sync Lofts so cool?
• Great layouts that maximize usable space
• A dog wash on the main level
• High-tech modern finishes
• Private rooftop terraces
• Large communal rooftop terrace with views of the iconic Riverside Bridge and the downtown skyline

# of units: 98
# of storeys: 8
Walk Score: 97

The IZone Lofts were converted to residential units in 2002 by Atria. They are a cultural hub to artists, tech professionals and entrepreneurs. As you walk down the halls, you immediately look up to the industrial style lighting and exposed ducts that compliment the industrial and raw feel of the building.

What makes IZone so cool?
• Ceilings ranging from 16 to 30 feet
• Skylights in many units
• Roof top decks on some of the units
• Large industrial double doors
• Open concept floors plans
• Live/Work Building

# of units: 104
# of storeys: 2
Walk Score: 95

Written By:
Ford Thurston & Chris Olsen
Sales Representatives
Thurston Olsen Real Estate
RE/MAX Hallmark Realty Ltd., Brokerage
416.465.7850 info@WeSellLeslieville.com

January 13th, 2016|

Hells Angels’ Former Clubhouse Sells Over Asking

The former Hells Angels clubhouse located at 498 Eastern Avenue was reported as sold over asking on January 8, 2016. It was listed for $649,900. It’s rumoured that there were multiple offers on the property that was being sold for “land value only”. The property was sold by the Federal Government who raided and took possession of it in 2007 under proceeds-of-crime legislation. While listed on the Multiple Listing Service, the seller requested that potential buyers not walk the property and for showings (if need be) to be upon presentation of an offer. A highly irregular method of selling real estate in Leslieville.

According to an article in the Globe And Mail , the inside of the building contained a meeting room and a bar on each of two floors as well as an aquarium.

This detached, 2 storey building sits on a 30 x 120 foot lot which is a relatively large size compared to the majority of surrounding properties. The cinderblock “bunker style” building was somewhat of a landmark in Leslieville for a number of years and the sale price has inevitably sparked conversations debating its value as well as an article written by blog TO with the Facebook caption “The latest sign we’re in a real estate bubble?”.

Based on sales reported to the Toronto Real Estate Board in 2015, the average sale price of a detached property in E01 was $952,906 (District where 498 Eastern Ave is located). Granted, this is not your average property, but the moral of the story is that property is clearly in high demand in this popular neighbourhood.

What will the future hold for 498 Eastern Avenue? Well, there has been speculation of condos and suggestions that it should be turned in to a bar that would play off of the history of what once was… We can continue to speculate but only time will tell what the future holds for this former Hells Angels clubhouse.

January 10th, 2016|

No Wives And No Murders

Ottawa puts Hells Angels clubhouse up for sale

For sale by owner: Federal government.

Features: Iconic piece of Toronto history. Ultimate man cave. Needs lots of TLC or a teardown. Stains on floor most likely caused by leaky roof.

Eight years after Ottawa seized the biggest Hells Angels clubhouse in Canada, it is soon to put it up for sale. Its listing should appear on MLS within a couple of weeks.

The two-storey cement-block bunker on Eastern Ave., between Logan and Carlaw Aves., is ideal for those looking to shut out the world: It has two sets of steel front doors and windows barricaded with wire.

“It reminded me of a Legion Hall,” says Toronto realtor Desmond Brown, one of just a handful of agents who’ve been through the 2,500-square-foot property recently, trying to come up with a price and a marketing plan for Ottawa’s Seized Property Management Directorate.
“I thought it was a fantastic opportunity because it’s such a renowned building — people have been driving by it for decades, wondering what it looks like on the inside. I’m one of the few people who isn’t biker, who had a chance to see it.”

In March, 2007 Ottawa used its new proceeds from crime legislation to legally take over ownership of the property. Three weeks later, police raided the building, charging five Hells Angels members with drugs and weapons offences.

Curiosity seekers still stop by to check the place out and photograph the front door. The door is shielded from view by a cement-block wall, but still sports the Hells Angels logo.

The property sits on a 30-by-120-foot lot in highly sought-after Leslieville. The paint is peeling and the property overgrown with weeds. Members thought of it as their home away from home, stringing up Christmas lights, handing out Halloween candy and planting flowers in front-yard boxes.

It has been assessed for 2015 property tax purposes at $371,000. Although real estate prices in the area have been skyrocketing, that’s actually down from $383,000 in 2012.
Ottawa has done its own appraisal, but recently reached out to a number of Toronto realtors to get their views on how the property should be priced and marketed.

Realtors usually look at a handful of “comparables” — similar properties — to determine the best list price. That was impossible in this case, so Brown just looked at what’s sold in the area recently. He determined the clubhouse is worth about $700,000.

The big-screen TV where bikers used to watch sports over a beer from the well-stocked fridge is long gone. But there is a still a bar, a big meeting room and two bedrooms where members used to entertain visiting escorts.
There were just two rules at the clubhouse, apparently: No wives and no murders.

November 27th, 2015|

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