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    0for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    3
    Number of Units:
    104
    Condo Completion:
    2008
    Condo Demand:
    High
    Unit Size Range:
    545 - 2,500 SQFT
    Unit Availability:
    Low

    Listing History for Foundry Lofts

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    Amenities

    Business Centre
    Security System
    Media Room
    Rec Room
    Gym Room
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 1100 Lansdowne AvenueFoundry Lofts

    From first glance, it’s quite obvious that the Foundry Lofts are special. Rather than being special in a sparkling glass tower sort of way, the authentic hard loft at 1100 Lansdowne Avenue has the sort of remarkable quality that only 100-year-old buildings have acquired over time. Curious to know more? There’s a heritage plaque out front that explains the Foundry Lofts’ historical significance, and interior walls are even decorated with archival photographs that tell the building’s story.

    But rather than making our readers make an extra trip, we’ll explain a little about the history of 1100 Lansdowne here. In the late 1800s, the Canadian Foundry Corporation (CFC) began producing railcars on Front Street in Toronto. After about 30 years, the manufacturing plant moved to this very location on Lansdowne Avenue. Their new factory was so large that the CFC was able to branch out — 1100 Lansdowne quickly became the site where everything from railroad tracks to fire hydrants were created.

    As of the late 20th century, the factory ceased production, as did many industrial spaces in Toronto’s downtown core. While it took about 25 years to decide what to do with the structure, thankfully in 2004 it was granted heritage status. E-Park Developments stepped into the picture a few years later, carefully converting the former factory into just over 100 Toronto lofts ready to be inhabited in 2008.

    Burka Architects did the design work, and managed to carve liveable hard lofts out of the building’s skeletal structure, while maintaining the integrity of the building at the same time. The deep red brick looks perfectly worn from the outside, and can again be appreciated from the 16,000 square foot atrium once inside. Since creative repurposing is what a good hard loft conversion is all about, it only makes sense that developers would place a parking garage where trains were once stored.

    Residents are proud of their building’s heritage: a beautification project is headed up by volunteer residents, who are responsible for the photographs on the walls as well as other art found throughout the building.

    Besides this project, the building has a general sense of community unmatched by many other condos in the city: loft socials are held in the atrium on major holidays. For those in need of some more privacy, however, there’s always a smaller party room available. The building also boasts a meeting room, a theatre, and exercise facilities.

    The Suites

    Although the original reason for the Foundry Lofts excessive size was more utilitarian — i.e. trains are pretty hefty — residents today still benefit from the roominess at 1100 Lansdowne Avenue. And instead of cramming in as many units as possible, the developers chose to divide the building into only 104 homes. This way, the smallest homes are a comfortable 750 square feet, while larger ones reach to approximately 2,500 square feet. Most of these lofts also span two floors each, with ceiling heights of up to 20 feet tall.

    While layouts may vary, a good number of the suites contain two bedrooms and two bathrooms. For those who really need a big space to spread out in, the largest units cover three storeys.

    Even the smallest of units feel bright and roomy, thanks to the numerous large windows that line the walls. Exposed brick and floating staircases set the mood, explaining to guests that this building has a story begging to be told. In fact, other original elements are left exposed as well, such as ductwork and metal beams.

    While upper-level balconies couldn’t have been installed without affecting the integrity of the building, those looking at purchasing ground-floor homes will be eager to spend time in their private outdoor gardens. Hard loft conversions are often pricey, and Foundry Lofts is no exception — while the price per square foot is somewhat low, suites sizes are large, so units in this building can command high price tags, and in some cases, are above the average price of most Toronto condos for sale.

    The Neighbourhood

    Located in the Corso Italia & Davenport neighbourhood, the Foundry Lofts are surrounded by dynamic neighbourhoods to explore. The Junction is a short walk away, where reclaimed furniture and independent espresso shops are aplenty.

    Other options for shopping and entertainment are St. Clair Avenue West and Dupont Street, just to the north and south of the Foundry Lofts, respectively. St. Clair has a more obvious Italian vibe, and is aptly nicknamed Corso Italia. Dupont, on the other hand, is a blend of old and new, with institutions like Caldense Bakery sharing the block with art galleries and cocktail bars.

    For active types, Moksha Yoga can be found on St. Clair West, while those looking for a little more adventure can head over to Boulderz Climbing Centre. Alternatively, spending time in the great outdoors is simple with an address like 1100 Lansdowne Avenue. Earlscourt Park is just steps away, and the West Toronto Railpath can be accessed via Dupont.

    Transportation

    Lansdowne and Davenport are fast moving arterial roads that drivers will become accustomed to using. Residents heading out by car will also enjoy the (slightly) less hectic Dufferin Street, a benefit of living west of the downtown core. Those heading out of town can reach Pearson International Airport in only 20 minutes via Black Creek Drive.

    Even travelers without cars can reach Pearson in no time, with the UP service making a stop at the Bloor GO/UP station a 5 minute taxi or 15 minute bus ride away. From the Foundry Lofts, the total time to the airport is still less than an hour, even without a car.

    For carless travelers making their way through Toronto, the Bloor-Danforth line can be reached in about a 5-minute bus ride or a 15-minute walk. From Lansdowne Station, residents can head east or west, with eastbound trains offering connections to the Yonge-University-Spadina line. The 127 Davenport bus will also come in handy, which carries passengers to Dupont Station.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    6,528
    Average Individual Income
    $61,552
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $106,287
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    27%
    Semi Detached
    23%
    Duplex
    4%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Mandarin
    12%
    Cantonese
    12%
    Other
    10%
    Tagalog
    3%
    Tamil
    2%
    Arabic
    1%
    Armenian
    1%
    Education
    University and Above
    33%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    21%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Humanities
    8%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Foundry Lofts vs The Dovercourt | Wallace Emerson-Junction Area

    Days on Strata

    Units at Foundry Lofts spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dovercourt | Wallace Emerson-Junction

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 38 condos in the Dovercourt | Wallace Emerson-Junction area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Foundry Lofts offers the
    ?
    best value out of 38 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Appreciation Rank

    Foundry Lofts has the
    ?
    highest ROI out of 38 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Rental Yield

    Foundry Lofts yields the
    ?
    highest rent prices out of 38 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    High Demand

    Foundry Lofts is the
    ?
    most popular building out of 38 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Transaction Insights at 1100 Lansdowne Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$730,000 - $1,030,000No DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo Data$848No DataNo DataNo Data
    Avg. Wait for Unit Availability637 Days1125 Days57 Days461 DaysNo DataNo Data
    Ratio of Units in Building9%6%78%7%2%2%

    Unit Sales vs Inventory

    Total number of units listed and sold in Dovercourt | Wallace Emerson-Junction