363 Sorauren Ave. This loft at Robert Watson Lofts is located in  West End, Toronto - image #1 of 8 by Strata.ca
363 Sorauren Ave. This loft at Robert Watson Lofts is located in  West End, Toronto - image #2 of 8 by Strata.ca
363 Sorauren Ave. This loft at Robert Watson Lofts is located in  West End, Toronto - image #3 of 8 by Strata.ca
363 Sorauren Ave. This loft at Robert Watson Lofts is located in  West End, Toronto - image #4 of 8 by Strata.ca
363 Sorauren Ave. This loft at Robert Watson Lofts is located in  West End, Toronto - image #5 of 8 by Strata.ca
pin_buy363 Sorauren Ave & 369 Sorauren Ave
0Listings for Salefor Sale
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building_buyRobert Watson Lofts
building_buyRobert Watson Lofts
0Listings for Salefor Sale
0Listings for Rentfor Rent
Walkability
9/10
Transit
10/10
Bikeability
8/10
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Average
Property Type
Hard Loft
Developer
Sky Developments
Condo Completion
2007
Property Management
Icon Property Management
Unit Size Range
400 - 1559 SQFT
Number of Units
131
Number of Storeys
6

363 Sorauren Ave, Toronto

About this loft

There are a couple of Toronto lofts that allow adults to live out their childhood dreams — to live in a candy factory. Okay, so this one might not be fully functioning anymore, but it without a doubt passes the litmus test for authenticity. Although its former function isn’t clear at first, a little research will unveil that Robert Watson was the owner and namesake of the candy company known as Robert Watson & Co.

While the Candy Factory Lofts may be an obvious choice for prospective buyers with a sweet tooth for history, the Robert Watson Lofts at 363-369 Sorauren are no less spectacular. Nestled a little west of the downtown core, in the lower-key (and possibly even more posh) Roncesvalles neighbourhood, the building is made up of 153 hard lofts chock-full of character.

All this character mostly owes to the factory’s age — new buildings have their perks but they can’t possibly contain this sort of historical quality just yet. The building was originally constructed in 1907, after Robert Watson & Co. had already had 25 years of experience under its belt. Today the structure serves as evidence of Toronto’s industrial past, as well as home to some very fortunate residents thanks to Sky developments.

The conversion into the Robert Watson Lofts took place when the building was exactly a century old. Even while maintaining the integrity of the façade, the developers in charge of the renovation process were able to create a considerable number of homes by adding new structures on the same property, as well as above the building itself. This way, buyers interested in the building include hard and soft loft seekers alike.

Connecting the old and new structures is a landscaped courtyard, which residents can use to visit neighbours, or simply to hunker down in with a good book. Other amenities resulted from Sky Developments’ renovations to 363-369 Sorauren Avenue. While many smaller hard lofts in the city lack the space for extras, residents have access to an exercise facility, a meeting room, and a party room, as well as a rooftop garden.

Faded white paint suggests to pedestrians that this building is too important to tear down. The Neo-classical red brick façade and (no longer functioning) smoke stack are additional hints. Once inside, the lofts get even better.

The Suites

Artists have a knack for finding vacant industrial spaces to work in: they come for the cheap rent, and stay for the wide-open spaces and bright natural sunlight. While this was the case pre-conversion, after 2007 prices rose to a level that only an artist who has sold a piece or two could afford. Nevertheless, the Robert Watson Lofts continues to attract creative types looking for Toronto condos for sale with live-work functionality.

Many of the suites at 363-369 Sorauren span two storeys, and layouts are designed in an open-concept fashion. Even from the outside once can make an educated guess as to how brightly lit these lofts are, as the red brick exterior is teeming with windows.

This estimate is definitely correct, and thanks to the beams of warm sunlight that enter every suite, even the smallest of homes feels bright and airy. The smallest of units begins at approximately 400 square feet, with the largest reaching to about 1,500.

In addition of the authentic ornamentation found outside, certain elements were preserved while the building was being renovated. These now make for interesting design features that effortlessly complement these homes: wooden ceiling panels, posts and beams, original hardwood floors, and exposed red brick are found throughout the hard loft units. Alternatively, those interested in the soft lofts at 363-369 Sorauren will find polished concrete when inspecting their potential new home.

Those who want to live large needn’t compromise either, as a couple of penthouses can be found at the Robert Watson Lofts. These glass-clad homes boast floor-to-ceiling windows and private rooftop terraces. Buyers looking for hard loft units with outdoor space will be interested in the ground floor units that come equipped with personal front yards or patios.

The Neighbourhood

Residents are within close proximity to the local businesses on both Roncesvalles Avenue and Dundas Street West. What both of these strips have in common is the diminutive selection of big-box stores.

While a Loblaws and an LCBO are a short walk away at the corner of Bloor and Dundas West, residents have the option of buying local from shops like Greenfield Grocery on Roncesvalles Avenue.

Entertainment is abundant as well: residents of the Robert Watson Lofts can walk over to the Revue Cinema, Toronto’s longest-running theatre that shows both blockbuster hits and independent films.

When the 400 acres of High Park are too much to fathom, Sorauren Park is another great option for some outdoor fun. Here, residents can enjoy some baseball, soccer, or tennis. Alternatively, one can even get some shopping done at Sorauren Park, at the weekly farmer’s market that runs year round.

Transportation

The available parking isn’t the only perk for drivers who live here. Those heading out from 363-369 Sorauren by car can access the Gardiner Expressway in just minutes via Jameson Avenue. From here, the 427 and the Don Valley Parkway are within reach.

Those without wheels of their own will take advantage of the Dundas West streetcar service that carries passengers all the way to the Yonge-University-Spadina subway line. Alternatively, the Bloor-Danforth line is a short walk away, where residents can catch trains moving east and west.

Also a short walk or drive away is the Bloor GO/UP station, where travelers can find buses and trains to neighbouring cities, as well as to Pearson International Airport.

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Amenities

Amenities
Concierge
Security System
Rooftop Deck/Garden
Games Room
Bike Storage
Recreation Room
Gym
Party/Meeting Room
Visitor Parking
BBQ

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
Robert Watson Lofts vs The Roncesvalles Area

$74.00
More Expensive
per SQFT compared to the neighbourhood average
Robert Watson Lofts's Avg
price per SQFT
$1,289 / SQFT
Neighbourhood Avg
price per SQFT
$1,215 / SQFT

Building Trends At Robert Watson Lofts

Days on Market

Units at Robert Watson Lofts spend an average of
9
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
3.9
YEARS before being sold again

Property Value

3%
Increase in property value within the past twelve months

Price Ranking

5th
Highest price per SQFT out of 12 condos in the Roncesvalles area

Sold Units

14
Units were Sold over the past twelve months

Rented Units

13
Units were Rented over the past twelve months

Best Value

Robert Watson Lofts offers the
?
best value out of 12 condos in the Roncesvalles neighbourhood

Return on Investment

Robert Watson Lofts has the
?
highest ROI out of 12 condos in the Roncesvalles neighbourhood

Rental Yield

Robert Watson Lofts yields the
?
highest rent prices out of 12 condos in the Roncesvalles neighbourhood

High Demand

Robert Watson Lofts is the
?
most popular building out of 12 condos in the Roncesvalles neighbourhood

Sales vs Rental Values For This Loft

1 Bed500 - 960 SQFT
Average Cost Per Sqft$1,206
Sales Price Range$630,000 - $925,000
Rental Price Range$2,300 - $3,300
1 Bed + Den600 - 1000 SQFT
Average Cost Per Sqft$1,180
Sales Price Range$999,999 - $1,185,000
Rental Price Range$2,350 - $3,650
2 Bed680 - 932 SQFT
Average Cost Per Sqft
No Data
Sales Price Range
No Data
Rental Price Range$2,900 - $3,600
2 Bed + Den1400 - 1400 SQFT
Average Cost Per Sqft$777
Sales Price Range$1,280,000 - $1,280,000
Rental Price Range
No Data

How Often Are Units Listed?

Studio400 - 400 SQFT
Average Sales Availability
No Data
Average Rental Availability
No Data
Ratio of Unit Type in Building3%
1 Bed500 - 1465 SQFT
Average Sales Availability
Every52Days
Average Rental Availability
Every80Days
Ratio of Unit Type in Building49%
1 Bed + Den585 - 1000 SQFT
Average Sales Availability
Every219Days
Average Rental Availability
Every264Days
Ratio of Unit Type in Building17%
2 Bed680 - 1465 SQFT
Average Sales Availability
Every96Days
Average Rental Availability
Every535Days
Ratio of Unit Type in Building31%
2 Bed + Den1400 - 1559 SQFT
Average Sales Availability
Every1040Days
Average Rental Availability
No Data
Ratio of Unit Type in Building3%

Maintenance Fees
Robert Watson Lofts vs The Roncesvalles Area

$0.15
More Expensive
per SQFT compared to the neighbourhood average
Robert Watson Lofts's Avg
monthly maintenance
fee per SQFT
$0.83 / SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.68 / SQFT

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