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    Broadview Lofts
    by Sorbara Group

    68 Broadview Ave & 60 Broadview Ave

    1for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    6
    Number of Units:
    154
    Condo Completion:
    2007
    Condo Demand:
    Low
    Unit Size Range:
    268 - 1740 SQFT
    Unit Availability:
    Low
    Property Management:
    Nadlan-Harris Property Management

    Amenities

    BBQ
    Rec Room
    Bike Storage
    Security System
    Rooftop Deck
    Party Room

    Maintenance Fees

    Included:
    None
    Excluded:
    Hydro
    Heat
    Air Conditioning
    Water

    Everything You Need to Know About 68 Broadview Ave

    The Broadview Lofts offers 154 Toronto lofts for sale in the Leslieville neighbourhood. Thanks to a careful renovation carried out by the Sorbara Group, this development now enjoys its status as an updated piece of Toronto history. Standing just 6 storeys tall, this condo offers 154 units.

    Price of condos at 68 Broadview Ave

    A small studio unit can cost $1,225,000, going up to $1,310,000 for a 1-bedroom plus den, based on the past 12 months of sales. The average price for rentals can range anywhere from $2,600 to $3,880 per month.

    From a cost per-square-foot perspective, units here are selling at $1,032 PSF, and leasing at roughly $3.48 PSF.

    How many condos have sold and rented at 68 Broadview Ave?

    In the last 12 months, 16 units have rented, and 4 have sold.

    There are currently 3 lofts on the market for sale, but none for rent. Units here have a low probability of receiving multiple offers. On average, they spend 37 days on the market, and usually sell for -5.92% below the listed price.

    The Suites

    The smallest of units at 68 Broadview Avenue start at approximately 550 square feet, perfect for an individual. Larger units, on the other hand, span up to 1,750 square feet, offering enough room to raise a family.

    Some of the more spacious units are designed in a mezzanine style, a rare find even for hard lofts. Other units embrace the open-concept layout, whereby kitchens and living spaces bleed into one another. And an abundance of windows allow bright, warm sunshine to seep into every corner of these suites.

    Although the balconies were added on much later, there are many historic elements found throughout. These include items that double as both functional and stylish — such as wooden beams, exposed ductwork and concrete, and polished floors. While these preserved pieces are industrial in nature, the homes at 60 Broadview still manage to maintain a warm atmosphere.

    What amenities does Broadview Lofts offer?

    Due to the limitations of a historic building, the amenities here are quite limited. For example, you won’t find a gym, pool or sauna. But the property does come with some standard amenities for added convenience:

    • Concierge
    • Party Room
    • Recreation Room
    • BBQ
    • Rooftop Deck & Garden
    • Visitor Parking
    • Bike Storage

    Condo Fees

    Maintenance fees at 60 Broadview Avenue are $0.69 per-square-foot, which is higher than the neighbourhood average of $0.68 per-square-foot.

    Monthly condo fees include water.

    However, residents must pay separately for:

    • Hydro
    • Heat
    • Air conditioning

    The Neighbourhood

    Nestled between the popular Leslieville & South Riverdale area and the Corktown neighbourhood, residents living at 60 and 68 Broadview Avenue are in luck. Entertainment, dining options, and a particularly friendly vibe are all part of the package in this east-end locale.

    Located just east of the Don Valley River, this natural resource doubles as an urban playspace for active types. The Don Valley Trail that runs alongside is an ideal spot for cycling or hiking during warmer months. A short ride on public transit will take you to Riverdale Park, a 400-acre green space filled with a farm, swimming pool, multiple baseball diamonds, and cricket pitches.

    Just north of there is Evergreen Brickworks, which can be reached in under 10 minutes. Residents can spend the weekend exploring this converted quarry, which now hosts a year-round farmer’s market, a children’s garden, bike shop, café, off-leash dog park, as well as a skating rink in the wintertime.

    Meanwhile, a 6-minute drive will bring you to St. Lawrence Market. This is Toronto’s go-to spot for fresh produce, meat, fish, and baked goods from all over the world.

    Once the weather warms up, residents here will come to appreciate how close they live to the shore. Cherry Beach and Woodbine Beach are each a 10-minute drive away, making it that much easier to secure a good spot on weekends.

    What is the walk score of 68 Broadview Lofts?

    With a walk score of 92, residents of this condo are literally steps away from everything. And with a perfect transit score of 100, this area is very easy to navigate with a convenient network of streetcars and buses. For cyclists, the neighbourhood also offers a remarkable bike score of 84.

    What is the local real estate market like?

    In the Leslieville neighbourhood, buyers have the slightest advantage with condos typically selling about 1.5% under the asking price. If you’re looking to rent in this area, tenants are paying 1.5% above the asking lease price — with the average rental at about $2,830 per month.

    Building Age

    This development was completed in 2007 by Sorbara Group, making it one of the older properties in the South Riverdale community. The red brick façade provides hints as to the building’s origins: The structure was once used as a warehouse for Rexall Pharmacy. Even the original water tower still survives up on the roof, although today its function is purely decorative.

    Transportation

    With its location just steps from Queen Street East, residents can head west to reach Toronto’s downtown core in no time. The Queen streetcar will carry commuters toward the subway, or even farther west, 24 hours a day. Alternatively, a northbound ride on the Broadview streetcar will bring you to Broadview station on the Bloor-Danforth subway line.

    Drivers can make use of both these major arterial roads, while the Don Valley Parkway and the Gardiner Expressway are also nearby. These two highways are ideal for getting out to the edges of the city, or exiting it altogether.

    Summary

    68 Broadview is much more expensive than the neighbourhood average, with the fourth-highest cost per square foot among 36 condos in the area. But many buyers are willing to pay the price because hard lofts are quite rare. That’s why the competition for units in this condo remains quite high. But if you’re okay with a building that offers fewer amenities than some of the more modern-day developments, then Broadview Lofts will not disappoint.

    Listing History for Broadview Lofts

    1

    Listings For Sale

    Interested in receiving new listings for sale?

    1

    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    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
    50,260
    Average Individual Income
    $64,041
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $111,092
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    22%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    7%
    Marital Status
    Commute
    Languages
    Cantonese
    10%
    Indigenous Language
    32%
    Tagalog
    1%
    Mandarin
    9%
    Tamil
    2%
    English
    38%
    Other
    8%
    Education
    High School
    26%
    Apprenticeship
    3%
    University and Above
    32%
    College
    15%
    University Below Batchelor
    3%
    None
    18%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    12%
    Architecture & Engineering
    20%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    2%
    Business Management
    25%

    Price Trend

    Average price of units sold in Leslieville | South Riverdale

    Building Trends At Broadview Lofts

    Days on Strata

    Units at Broadview Lofts spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    6%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    5.7
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 36 condos in the Leslieville | South Riverdale area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    16
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    1 Bed748 - 1118 SQFT
    Average Cost Per Sqft$1,042
    Sales Price Range$775,000 - $860,000
    Rental Price Range$2,900 - $3,900
    1 Bed + Den881 - 1500 SQFT
    Average Cost Per Sqft$1,107
    Sales Price Range$840,000 - $1,498,500
    Rental Price Range$3,900 - $5,050
    2 Bed1500 - 1500 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$3,300 - $3,300

    How Often Are Units Listed?

    Studio800 - 1126 SQFT
    Average Sales Availability
    Every2423Days
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building9%
    1 Bed748 - 1728 SQFT
    Average Sales Availability
    Every53Days
    Average Rental Availability
    Every48Days
    Ratio of Unit Type in Building63%
    1 Bed + Den795 - 1500 SQFT
    Average Sales Availability
    Every145Days
    Average Rental Availability
    Every195Days
    Ratio of Unit Type in Building16%
    2 Bed1232 - 1500 SQFT
    Average Sales Availability
    Every460Days
    Average Rental Availability
    Every257Days
    Ratio of Unit Type in Building13%
    2 Bed + Den1434 - 1571 SQFT
    Average Sales Availability
    Every3014Days
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building2%

    Maintenance Fees

    Broadview Lofts vs The Leslieville | South Riverdale Area
    Broadview Lofts's Avg
    monthly maintenance fee
    $0.69 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.68 / SQFT

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