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    Robert Watson Lofts

    363 Sorauren Avenue & 369 Sorauren Avenue

    1for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    6
    Number of Units:
    131
    Condo Completion:
    2007
    Condo Demand:
    High
    Unit Size Range:
    400 - 1,559 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Robert Watson Lofts

    Amenities

    Rec Room
    Rooftop Deck
    Party Room
    BBQ
    Gym Room
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 363 Sorauren AvenueRobert Watson Lofts

    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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    Nearby Amenities

    8/10
    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!

    Demographics

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

    Population
    7,582
    Average Individual Income
    $63,431
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $101,322
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    24%
    Semi Detached
    13%
    Low Rise Apartment
    5%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    79%
    Mandarin
    8%
    Cantonese
    6%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    45%
    High School
    21%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Architecture & Engineering
    22%
    Business Management
    21%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Visual & Performing Arts
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Robert Watson Lofts spend an average of
    21
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    10%
    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
    3.7
    YEARS before being sold again

    Property Value

    -16%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 14 condos in the Roncesvalles area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Robert Watson Lofts offers the
    ?
    best value out of 14 condos in the Roncesvalles neighbourhood

    Appreciation Rank

    Robert Watson Lofts has the
    ?
    highest ROI out of 14 condos in the Roncesvalles neighbourhood

    Rental Yield

    Robert Watson Lofts yields the
    ?
    highest rent prices out of 14 condos in the Roncesvalles neighbourhood

    High Demand

    Robert Watson Lofts is the
    ?
    most popular building out of 14 condos in the Roncesvalles neighbourhood

    Transaction Insights at 363 Sorauren Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$590,000 - $695,000$1,130,000$910,000 - $1,265,000$1,290,000
    Avg. Cost Per SqftNo Data$821$1,080$1,042$830
    Avg. Wait for Unit AvailabilityNo Data57 Days197 Days127 Days893 Days
    Ratio of Units in Building3%49%17%32%3%

    Maintenance Fees

    Robert Watson Lofts vs The Roncesvalles Area

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