pin_buy955 Queen St W
0Listings for Salefor Sale
1Listing for Rentfor Rent
building_buyChocolate Company Lofts
pin_buy955 Queen St Wexpand addresses list
    building_buyChocolate Company Lofts
    0Listings for Salefor Sale
    1Listing for Rentfor Rent
    Walkability
    9/10
    Transit
    10/10
    Bikeability
    6/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    Average
    Unit Availability
    Average
    Property Type
    Hard Loft
    Developer
    Plaza
    Condo Completion
    2005
    Property Management
    Goldview Property Management Ltd
    Unit Size Range
    350 - 1715 SQFT
    Number of Units
    146
    Number of Storeys
    6

    955 Queen St W, Toronto

    About this loft

    Loft Overview

    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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    Listings For Sale

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    1

    Listings For Rent

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    Amenities

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

    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
    Chocolate Company Lofts vs The Queen West Area

    $2.00
    More Expensive
    per SQFT compared to the neighbourhood average
    Chocolate Company Lofts's Avg
    price per SQFT
    $1,199
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $1,197
    / SQFT

    Building Trends At Chocolate Company Lofts

    Days on Market

    Units at Chocolate Company Lofts spend an average of
    23
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    7%
    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
    5.6
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    15th
    Highest price per SQFT out of 46 condos in the Queen West area

    Sold Units

    16
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value

    Chocolate Company Lofts offers the
    ?
    best value out of 46 condos in the Queen West neighbourhood

    Return on Investment

    Chocolate Company Lofts has the
    ?
    highest ROI out of 46 condos in the Queen West neighbourhood

    Rental Yield

    Chocolate Company Lofts yields the
    ?
    highest rent prices out of 46 condos in the Queen West neighbourhood

    High Demand

    Chocolate Company Lofts is the
    ?
    most popular building out of 46 condos in the Queen West neighbourhood

    Sales vs Rental Values For This Loft

    Studio465 - 474 SQFT
    Average Cost Per Sqft$1,204
    Sales Price Range$550,000 - $550,000
    Rental Price Range$2,150 - $2,150
    1 Bed467 - 1014 SQFT
    Average Cost Per Sqft$1,108
    Sales Price Range$560,000 - $960,000
    Rental Price Range$2,400 - $3,250
    1 Bed + Den650 - 810 SQFT
    Average Cost Per Sqft$1,050
    Sales Price Range$760,000 - $975,800
    Rental Price Range$2,650 - $3,250
    2 Bed820 - 1223 SQFT
    Average Cost Per Sqft$1,483
    Sales Price Range$1,600,000 - $1,600,000
    Rental Price Range$3,400 - $5,250
    2 Bed + Den1088 - 1100 SQFT
    Average Cost Per Sqft$1,196
    Sales Price Range$1,275,000 - $1,318,000
    Rental Price Range$3,000 - $3,000

    How Often Are Units Listed?

    Studio449 - 619 SQFT
    Average Sales Availability
    Every339Days
    Average Rental Availability
    Every1424Days
    Ratio of Unit Type in Building9%
    1 Bed400 - 1099 SQFT
    Average Sales Availability
    Every156Days
    Average Rental Availability
    Every145Days
    Ratio of Unit Type in Building31%
    1 Bed + Den622 - 1499 SQFT
    Average Sales Availability
    Every115Days
    Average Rental Availability
    Every159Days
    Ratio of Unit Type in Building35%
    2 Bed720 - 1223 SQFT
    Average Sales Availability
    Every177Days
    Average Rental Availability
    Every209Days
    Ratio of Unit Type in Building18%
    2 Bed + Den1088 - 1400 SQFT
    Average Sales Availability
    Every415Days
    Average Rental Availability
    Every259Days
    Ratio of Unit Type in Building8%
    3 Bed1715 - 1715 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%

    Maintenance Fees
    Chocolate Company Lofts vs The Queen West Area

    $0.08
    Less Expensive
    per SQFT compared to the neighbourhood average
    Chocolate Company Lofts's Avg
    monthly maintenance
    fee per SQFT
    $0.67
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.75
    / SQFT

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