Art Shoppe Lofts + Condos
4Listings for Salefor Sale
7Listings for Rentfor Rent
5 Soudan Ave, 2131 Yonge St & 8 Hillsdale Ave E
Art Shoppe Lofts + Condos
4Listings for Salefor Sale
7Listings for Rentfor Rent
Walk Score
99
Transit Score
95
Bike Score
55
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Above Average
Property Type
Soft Loft
Developer
Freed Developments
Condo Completion
2020
Property Management
First Service Residential
Unit Size Range
311 - 2213 SQFT
Number of Units
652
Number of Storeys
34

5 Soudan Ave, Toronto

About this loft

Loft Overview

A number of condominiums around Yonge and Eglinton seem to be vying for the title of the area’s centerpiece. And although it sits a bit south of the intersection of Yonge and Eglinton, the Art Shoppe Lofts + Condos appear to stand out amongst the most beautiful residences in the neighborhood.

2131 Yonge Street is the site of a luxurious high-rise condominium with an expansive podium, taking up the entire block on Yonge Street between Sudan and Hillsdale Avenues. Its renderings show a futuristic façade of white stone and glass in a unique cubist design, with greenery along its rooftops and throughout the building’s grounds.

The old Art Shoppe at 2131 Yonge had sold Toronto’s most luxurious furniture since 1936, and stood as a staple of the neighborhood in terms of art and home decor. it’s no wonder, then, that Capital Developments had fashion icon Karl Lagerfeld design the lobby for the Art Shoppe Lofts + Condos. As well, the building features 80,000 square feet of retail space on the bottom floor: that’s basically an entire mall, right at residents’ doorsteps.

In addition to living so close to the myriad of businesses around Yonge and Eglinton, The Art Shoppe Lofts + Condos provide many amenities to keep residents content at home, including a wine tasting room, a courtyard, a rooftop terrace and infinity pool, a fitness centre, 4 guest suites, a games room, a catering kitchen, a theatre room, and bicycle parking.

The Suites

The Art Shoppe Lofts + Condos hold 652 midtown Toronto condos, spread out over 34 storeys (with a 12 storey podium). The homes range in size from around 300 square feet to almost 2000 square feet. Toronto condos for sale at 2131 Yonge units come in a large variety of layouts, from bachelor units to those boasting 3 bedrooms, plus 1 or 2 bathrooms each and some homes even featuring dens as well.

The suites reflect the building’s style and mandate for comfort, thanks to their 8-10 foot ceilings, floor-to-ceiling windows, and glass railing balconies. Open concept, european style kitchens should please any host looking to entertain, designed with large islands, integrated modern appliances, and sleek ceramic backsplashes.

Floors are finished with engineered hardwood, and luxurious bathrooms feature marble details, soaker tubs, white stone sinks, and glass door showers.

The Neighbourhood

The condos at 2131 Yonge Street sit just below the heart of midtown Toronto, offering residents the opportunity to live near one of the city’s most exciting (and rapidly expanding) areas, with all of its terrific shops, restaurants, bars and cafés. The nearby Davisville and Mount Pleasant neighborhoods offer their own residential charm and greenery, in addition to local eateries, boutiques, grocery stores, and errand-running locations like banks or hardware stores.

It’s unlikely that die-hard minimalists will be attracting to the homes at the Art Shoppe Lofts + Condos. And thankfully for those who do love to decorate, residents living here are close to some of Toronto’s best shopping, especially with the recently expanded Yonge and Eglinton Center just up the street.

For entertainment around the Art Shoppe Lofts + Condos, residents can visit the Absolute Comedy Club, or any of the other nearby bars, some of which specialize in karaoke or billiards. There are also two movie theaters close to the building, both at the intersection of Yonge and Eglinton.

Quite a number of parks can be found near the Art Shoppe Lofts + Condos, such as June Rowlands Park, Dunfield Park, Oriole Park, Sherwood Park and Eglinton Park. Several schools also serve the area, including North Toronto Collegiate, Northern Secondary School, John Fisher Junior Public School, St Monica Catholic School, and Davisville Junior Public.

Transportation

Residents of 2123 Yonge Street won’t be discouraged from exploring the city, especially with Eglinton Subway Station so close at hand, in addition to the upcoming Light-Rail Transit system that will travel along Eglinton Avenue. Plus, TTC buses can also carry residents along Eglinton Avenue or Yonge Street.

Drivers at the Art Shoppe Lofts + Condos can take the Allen Road to reach the 401, or they can reach the Don Valley Parkway through Bayview Avenue just as easily.

Amenities

Sauna
Recreation Room
Outdoor Pool
Concierge
BBQ
Games Room
Visitor Parking
Underground Parking
Indoor Pool
Rooftop Deck/Garden
Party/Meeting Room
Gym

Maintenance Fees Cover

Maintenance fees include

Water

Owner / renter pays separately

Hydro
Heat
Air Conditioning

Past Sold & Rented Listings

Stats, Trends & Rankings

Price Per Square Foot
Art Shoppe Lofts + Condos vs The Yonge and Eglinton Area

$100.00
More Expensive
per SQFT compared to the neighbourhood average
Art Shoppe Lofts + Condos's Avg
price per SQFT
$1,179
/ SQFT
Neighbourhood Avg
price per SQFT
$1,079
/ SQFT

Building Trends At Art Shoppe Lofts + Condos

Days on Market

Units at Art Shoppe Lofts + Condos spend an average of
18
Days on Market
based on recent sales

List vs Selling Price

On average, these lofts sell for
5%
above
the list price.

Offer Competition

Lofts in this building have an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
N/A
YEARS before being sold again

Property Value

4%
Increase in property value within the past twelve months

Price Ranking

6th
Highest price per SQFT out of 31 condos in the Yonge and Eglinton area

Sold Units

54
Units were Sold over the past twelve months

Rented Units

146
Units were Rented over the past twelve months

Best Value

Art Shoppe Lofts + Condos offers the
?
best value out of 31 condos in the Yonge and Eglinton neighbourhood

Return on Investment

Art Shoppe Lofts + Condos has the
?
highest ROI out of 31 condos in the Yonge and Eglinton neighbourhood

Rental Yield

Art Shoppe Lofts + Condos yields the
?
highest rent prices out of 31 condos in the Yonge and Eglinton neighbourhood

High Demand

Art Shoppe Lofts + Condos is the
?
most popular building out of 31 condos in the Yonge and Eglinton neighbourhood

Sales vs Rental Values For This Loft

Studio311 - 466 SQFT
Average Cost Per Sqft$1,250
Sales Price Range$437,000 - $493,000
Rental Price Range$1,400 - $2,300
1 Bed379 - 574 SQFT
Average Cost Per Sqft$1,241
Sales Price Range$510,000 - $650,000
Rental Price Range$1,400 - $2,400
1 Bed + Den400 - 749 SQFT
Average Cost Per Sqft$1,131
Sales Price Range$580,000 - $728,888
Rental Price Range$1,710 - $2,650
2 Bed624 - 1148 SQFT
Average Cost Per Sqft$1,089
Sales Price Range$750,000 - $1,000,000
Rental Price Range$1,980 - $3,583
2 Bed + Den823 - 1377 SQFT
Average Cost Per Sqft$1,013
Sales Price Range$842,000 - $1,360,000
Rental Price Range$2,650 - $4,700
3 Bed1544 - 1544 SQFT
Average Cost Per Sqft
N/A
Sales Price Range
N/A
Rental Price Range$5,200 - $5,200

How Often Are Units Listed?

Studio311 - 466 SQFT
Average Sales Availability
Every64Days
Average Rental Availability
Every15Days
Ratio of Unit Type in Building11%
1 Bed379 - 590 SQFT
Average Sales Availability
Every43Days
Average Rental Availability
Every9Days
Ratio of Unit Type in Building19%
1 Bed + Den400 - 749 SQFT
Average Sales Availability
Every23Days
Average Rental Availability
Every5Days
Ratio of Unit Type in Building32%
2 Bed624 - 1311 SQFT
Average Sales Availability
Every20Days
Average Rental Availability
Every6Days
Ratio of Unit Type in Building34%
2 Bed + Den800 - 1544 SQFT
Average Sales Availability
Every76Days
Average Rental Availability
Every39Days
Ratio of Unit Type in Building6%
3 Bed1544 - 1544 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building1%
3 Bed + Den1377 - 1377 SQFT
Average Sales Availability
N/A
Average Rental Availability
N/A
Ratio of Unit Type in Building1%

Maintenance Fees
Art Shoppe Lofts + Condos vs The Yonge and Eglinton Area

$0.09
Less Expensive
per SQFT compared to the neighbourhood average
Art Shoppe Lofts + Condos's Avg
monthly maintenance
fee per SQFT
$0.71
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.80
/ SQFT

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