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    543 Timothy Street

    Specialty Lofts
    Write a Review
    2for Sale
    0for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    3
    Number of Units:
    56
    Condo Completion:
    2005
    Condo Demand:
    Medium
    Unit Size Range:
    649 - 1,477 SQFT
    Unit Availability:
    Low

    Listing History for Specialty Lofts

    Receive listing updates for Silver Heights

    Amenities

    Party Room
    Rooftop Deck
    Games Room
    Media Room
    Visitor Parking
    Security System

    Maintenance Fees

    Included
    Hydro
    Heat
    Water
    Excluded
    Air Conditioning

    About 543 Timothy StreetSpecialty Lofts

    Located at 543 Timothy Street, Specialty Lofts is a 3-storey soft loft containing 56 units. These Cambridge soft lofts were developed by MG Lewis Ltd. and completed in 2005. Units start at 649 square feet and can be as large as 1477 square feet. What makes a Silver Heights soft loft for sale most appealing is all that the neighbourhood has to offer.

    This condo has an average demand ranking per Strata.ca analytics and a Walk Score of 73. Maintenance fees at 543 Timothy Street are $0.99 per-square-foot, which is on the higher end compared to the average of about $0.67, however the maintenance fees do include all utilities (usually at least hydro is separate).

    The Suites

    On average, units at 543 Timothy Street sell -3.39% below the list price, and units have a low chance of receiving multiple offers (aka a “bidding war”). Units in this complex are among the most expensive in the area with an average cost per-square-foot of $812 (based on past 12 months of sales). Units typically sell with 16 days on market on average. Over the past 12 months, 4 have sold and 1 has been rented here.

    The Neighbourhood

    Living here means you’re just a 3-minute walk from Joia on Main, Ground Burger Bar and Ghost Taco, making it easy to dazzle your taste buds without much effort. Get to know Silver Heights by exploring local cafes like The Maids Cottage, Empress Café The Gourmet House and BB Cafe- Newmarket.

    There are a number of grocery stores within a short drive, including Variety Mart and Vince's Market.

    Planning for your future is easy with Meridian Newmarket and National Bank in the area.

    Having Fairy Lake Park, All Our Kids Playpark and Fairgrounds Park within 10 minutes walking distance is invaluable, considering easy access to green spaces can dramatically improve your quality of life.

    Like to shop? Everything you need is close by when you live at 543 Timothy Street, including York Town Square which are only 5 away.

    When the weekend rolls around, Elman W. Campbell Museum and Keith Bridge Public Art Display are within a short 2-minute drive away.

    There are plenty of nearby school choices — Maple Leaf Public School — with more in neighbouring areas so you can find the best school for your child’s needs. If you're open to commuting, a quick transit ride offers even more options, including Pickering College, Sacred Heart Catholic High School and Huron Heights Secondary School.

    Transportation

    Taking public transit? The nearest light transit stop is Davis Dr / Parkside Dr.

    Anyone who isn’t sold on this development but loves the area, might want to check out 115 Main Street S, 270 Davis Drive and 260 Davis Drive, which are similar soft lofts in the area.

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    Explore Neighbourhood

    7/10
    Walkability
    It's a 'sometimes you feel like a nut, sometimes you don't' kind of walkability.
    4/10
    Transit
    It's a dice roll — but hey, sometimes you roll a six!
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar lofts

    Maintenance Fees

    Specialty Lofts vs The Silver Heights Area

    Days on Strata

    Units at Specialty Lofts spend an average of
    16
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Silver Heights

    Turnover of Units

    On average, each unit is owned for
    4.1
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 18 condos in the Silver Heights area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Specialty Lofts offers the
    ?
    best value out of 18 condos in the Silver Heights neighbourhood

    Appreciation Rank

    Specialty Lofts has the
    ?
    highest ROI out of 18 condos in the Silver Heights neighbourhood

    Rental Yield

    Specialty Lofts yields the
    ?
    highest rent prices out of 18 condos in the Silver Heights neighbourhood

    High Demand

    Specialty Lofts is the
    ?
    most popular building out of 18 condos in the Silver Heights neighbourhood

    Transaction Insights at 543 Timothy Street

    1 Bed1 Bed + Den2 Bed
    Price Range$570,000 - $740,000$750,000No Data
    Avg. Cost Per Sqft$840$805No Data
    Avg. Wait for Unit Availability149 Days454 Days188 Days
    Ratio of Units in Building52%16%33%

    Unit Sales vs Inventory

    Total number of units listed and sold in Silver Heights