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    Chocolate Company Lofts

    955 Queen Street W

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    6
    Number of Units:
    146
    Condo Completion:
    2005
    Condo Demand:
    High
    Unit Size Range:
    350 - 1,715 SQFT
    Unit Availability:
    Low

    Listing History for Chocolate Company Lofts

    Amenities

    Party Room
    Rooftop Deck
    Media Room
    Gym Room
    Visitor Parking
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 955 Queen Street WChocolate Company Lofts

    Authentic hard loft conversion? Check. Contemporary soft lofts? Check. View of a sprawling, green park? Check. Located on one of the coolest streets in the world? Check. Lingering smell of chocolate? Maybe check.

    Okay so the argument that residents can wake up to the smell of fresh cocoa in the morning is a bit of a stretch, especially since the original structure at 955 Queen Street West was built over 100 years ago, and closed down in the 1950s. On top of that, the building has functioned as converted residential homes for over a decade now.

    Regardless, chocolate did once line the conveyor belts within the very walls that surround the Chocolate Company Lofts today. In fact, two buildings comprised the Patterson Candy Company’s factory space since 1912. These buildings have, since the site’s conversion in 2005, been connected by a modern addition, resulting in a building that combines the old and the new, and spans an entire block.

    The prominent building is made of an inconspicuous light-red brick, with an abundance of windows hinting at the sunlit homes found within. A prominent sign sits atop the front doors, letting everyone on Queen Street know that living in a chocolate factory is really possible.

    The conversion of the factories into homes, along with the six-storey modern addition, produced 144 Toronto lofts for soon-to-be well positioned Torontonians to move into. In particular, prospective buyers tend to be impressed by the 36 acres of green space that lies just across the street. Those concerned more with fashion than fir trees, on the other hand, will be pleased to hear that Vogue recently named this very strip of Queen Street, known as Queen West, as one of the coolest neighbourhoods in the world.

    In terms of amenities found inside the building, residents are overjoyed that developers managed to find space for a gym, party room, and parking during the conversion process. Additional perks include a pet friendly policy, a security, and a concierge.

    Thanks to its relatively large number of units, Queen West condos for sale at the Chocolate Company Lofts do actually appear on the market every now and then. However, prospective buyers interested in calling 955 Queen West home will have to jump at any opportunity they get: once on the market these homes can disappear before you have the chance to say YE—

    The Suites

    Catering to the diverse tastes and opinions of Toronto’s dynamic population, the Chocolate Company Lofts offers both hard lofts and soft lofts all rolled into one building. One main difference to note, though, is that the authenticity of the converted units comes with a slightly steeper price.

    These hard loft suites are also equipped with 12 foot ceiling heights, original wooden or steel posts and beams, and wood or corrugated metal paneled ceilings. Colossal window sizes and exposed red brick are other elements that date back to 955 Queen West’s chocolate manufacturing days.

    The modern homes — those found in the newer portion of the building — are more contemporary in style. They still feel loft-like, however, with 10.5 foot ceilings and large, barn door entryways, and exposed concrete throughout.

    There are a couple of elements that neighbours will never have to compete for, on the other hand. Regardless of the unit, exposed ductwork, granite countertops, and stainless steel appliances are found throughout the Chocolate Company Lofts.

    In terms of size, there’s something of a discrepancy between the largest and the smallest of units as well. This can be seen as a positive aspect of the Chocolate Company Lofts, as prospective buyers with different budgets and needs can all find something suitable at 955 Queen West. The smallest units begin at 450 square feet, while more spacious lofts span up to approximately 1,550 square feet.

    The Neighbourhood

    Queen West was certainly hip before Vogue named it so. However, since then, the area has only grown in popularity. Posh restaurants and cocktail bars, independent galleries, cafes, and shops, all have stiff competition for a spot in the neighbourhood. In fact, almost any genre of food can be found in Queen West, from Thai and street food to modern Philippino, to French bakeries and plenty of authentic tacos.

    And when trendsetting residents need a break from the great indoors, Trinity Bellwoods Park is always ready and waiting. This large park is like the green jewel of the neighbourhood, and is filled with facilities for activities galore: tennis courts on the southeast end, baseball diamonds to the north, and an off-leash dog park toward the west. The park also boasts indoor facilities for wintertime action, including indoor swimming, fitness facilities, a weight room, a running track, and more.

    For nights spent in, meal prep Mondays, or weekend brunch entertaining, inexpensive groceries can be gathered from FreshCo at Queen and Northcote Avenue. Mabel’s Bakery is the place to go for a freshly baked loaf of bread, while other specialty shops line Queen West, including Sanko Trading Co., a one stop shop for all things Japanese.

    Transportation

    Residents of the Chocolate Company Lofts who ride the TTC can catch a streetcar about a block away, at Queen and Strachan. From here, passengers can head even further west to Parkdale, or east toward the University-Spadina subway line. The Queen streetcar service even runs 24 hours a day.

    Those who prefer to ride can make use of bike lanes in the area. Shaw is a great north-south route, while Richmond and Adelaide offer safe routes for cycling to and from the financial district, if that’s where your commute happens to take you.

    Drivers, on the other hand, have quick access to the Gardiner Expressway, via Jameson Avenue. Alternatively, Bathurst, Dufferin, and Queen Streets are the major arterial roads that will carry 955 Queen West residents to wherever they wish to go.

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    Nearby Amenities

    9/10
    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.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

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

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Days on Strata

    Units at Chocolate Company Lofts spend an average of
    13
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    13%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

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

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    Chocolate Company Lofts offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    Chocolate Company Lofts has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    Chocolate Company Lofts yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    Chocolate Company Lofts is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 955 Queen Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$570,000 - $615,000$800,000$845,000$995,000No DataNo Data
    Avg. Cost Per Sqft$1,098$1,127$1,127$899No DataNo Data
    Avg. Wait for Unit Availability322 Days162 Days137 Days236 Days399 DaysNo Data
    Ratio of Units in Building10%30%34%19%8%1%

    Maintenance Fees

    Chocolate Company Lofts vs The Queen West Area

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