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    264 Seaton Street

    Evening Telegram Lofts
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    0for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    5
    Number of Units:
    30
    Condo Completion:
    2002
    Condo Demand:
    No Data
    Unit Size Range:
    778 - 2,000 SQFT
    Unit Availability:
    Low

    Listing History for Evening Telegram Lofts

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    Amenities

    Security System
    BBQs Allowed
    Rooftop Deck
    Bike Storage

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 264 Seaton StreetEvening Telegram Lofts

    The name of the building at 264 Seaton Street exudes that old-timey nostalgia loft owners so often crave. Say it a few times and see for yourself: the Evening Telegram Lofts.

    This Seaton Street structure was once the headquarters of the Toronto Evening Telegram, a daily newspaper that had been in print for almost a century, from the late 1800’s to the paper’s folding in 1971. Colloquially known as the “Tely,” this daily at one point enjoyed the largest readership in the city.

    Following a 30-year hiatus, the building was ultimately given a new purpose in 2003. The conversion process favoured restoration over wreckage, resulting in modern homes within a character-rich heritage building. The residence now provides 10 Toronto lofts all of which are authentic conversion units.

    The Suites

    The suites contained by this charming structure are dramatic as can be. Minimalists may prefer the unfussy one-bedroom lofts, but three-bedroom units spanning multiple floors are the real showstoppers of the Evening Telegram Lofts.

    In one unit, an impressive skylight directly above sheds light on a spiral staircase; the mezzanine level above the dining area is accessed via a hatch door and ladder; windows come in dazzling half-moon shapes.

    While every unit is different, exposed brick walls, concrete floors, 14-foot ceilings, and rooftop terraces are some common selling points for the Evening Telegram Lofts. Toronto condos for sale in the building range from approximately 500 to 3,000 square feet, meaning there really is something for everyone.

    The Neighbourhood

    Cabbagetown is a delightful pocket just east of the downtown core of Toronto. The area, where poverty in the 1800’s forced residents to live mainly off homegrown cabbage to survive (hence the name), is now thriving. Perhaps the well-preserved Victorian architecture is what has drawn prosperous residents to Cabbagetown in recent years: today, the neighbourhood contains the largest collection of this style of home in North America.

    While gentrification was key to Cabbagetown’s growth, today the area embraces a dynamic mixture of income levels, professions, and interests. On residential streets such as Seaton, homes stir up images of 19th century newsboys. Not to worry, progressive institutions such as Toronto Metropolitan University and the Eaton Centre just to the west of the loft reminds residents of Toronto’s forward-thinking attitude.

    The Evening Telegram Lofts are also surrounded by some of the city’s best green spots. Allan Gardens is steps from the lofts at 264 Seaton Street, and offers an off-leash area for dogs. Just down Gerrard is the southern tip of Riverdale Park. Once inside the park, explorers can enjoy over 100 acres of green, including the multi-sports fields, swimming pool, zoo, outdoor hockey rink, and even the area of grass that doubles as an outdoor movie theatre during the summers.

    For practicality’s sake, there is a FreshCo on Parliament Street, a Rabba Fine Foods on Jarvis, or the Seaton Supermarket less than 100 metres away. St. Lawrence Market offers another great option for fresh produce and other tasty treats.

    Transportation

    From the Evening Telegram Lofts, College subway station on the Yonge line can be reached in less than 10 minutes via streetcar, or only 15 on foot. From here, residents are able to explore the entirety of Toronto with ease. Streetcars along Carlton or Dundas are ideal east-west routes for those opting for public transit as well.

    Driving from 264 Seaton Street is equally straightforward. Jarvis, Sherbourne, and Parliament are great north-south arteries that are relatively less heavily trafficked than their more central counterparts, such as Yonge or University. The Don Valley Parkway can be reached quickly via Parliament Street, allowing for easy connections with the 401 to the north or the Gardiner Expressway to the south. With access to these highways, any corner of Toronto is within reach.

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    Explore Cabbagetown

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar lofts

    Demographics

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

    Population
    15,212
    Average Individual Income
    $67,505
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $115,353
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    41%
    Semi Detached
    28%
    High Rise Apartment
    15%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    9%
    Tagalog
    2%
    French
    1%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    34%
    High School
    26%
    College
    16%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    Evening Telegram Lofts vs The Cabbagetown Area

    Days on Strata

    Units at Evening Telegram Lofts spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    3.6
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 34 condos in the Cabbagetown area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    Evening Telegram Lofts offers the
    ?
    best value out of 34 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    Evening Telegram Lofts has the
    ?
    highest ROI out of 34 condos in the Cabbagetown neighbourhood

    Rental Yield

    Evening Telegram Lofts yields the
    ?
    highest rent prices out of 34 condos in the Cabbagetown neighbourhood

    High Demand

    Evening Telegram Lofts is the
    ?
    most popular building out of 34 condos in the Cabbagetown neighbourhood

    Transaction Insights at 264 Seaton Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo DataNo DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability580 DaysNo Data441 Days784 DaysNo Data
    Ratio of Units in Building30%10%20%30%10%

    Unit Sales vs Inventory

    Total number of units listed and sold in Cabbagetown