955 Queen St W. This loft at Chocolate Company Lofts is located in  Downtown, Toronto - image #1 of 6 by Strata.ca
    955 Queen St W. This loft at Chocolate Company Lofts is located in  Downtown, Toronto - image #2 of 6 by Strata.ca
    955 Queen St W. This loft at Chocolate Company Lofts is located in  Downtown, Toronto - image #3 of 6 by Strata.ca
    955 Queen St W. This loft at Chocolate Company Lofts is located in  Downtown, Toronto - image #4 of 6 by Strata.ca
    955 Queen St W. This loft at Chocolate Company Lofts is located in  Downtown, Toronto - image #5 of 6 by Strata.ca

    955 Queen St W

    Chocolate Company Lofts
    0for Sale
    0for Rent
    Walkability
    9/10
    Transit
    10/10
    Bikeability
    6/10
    Developer
    Plaza
    Condo Completion
    2005
    Property Management
    Goldview Property Management Ltd
    Property Type
    Hard Loft
    Unit Size Range
    350 - 1715 SQFT
    Number of Units
    146
    Number of Storeys
    6
    CONDO Demand
    Average
    Unit Availability
    Low

    About this loft

    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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    Property Highlights

    Amenties
    Rec Room
    Games Room
    Visitor Parking
    Security System
    Media Room
    BBQ
    Party Room
    Concierge
    Rooftop Deck
    Bike Storage
    Gym Room

    Listing History for Chocolate Company Lofts

    Nearby Amenities

    Stats, Trends & Rankings

    Price: 
     | 

    Chocolate Company Lofts vs The Queen West Area
    Chocolate Company Lofts's Avg
    $1,231 SQFT
    Neighbourhood Avg
    $1,095 SQFT

    Building Trends At Chocolate Company Lofts

    Days on Strata

    Units at Chocolate Company Lofts spend an average of
    58
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    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

    3%
    Increase in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    Studio456 - 529 SQFT
    Average Cost Per Sqft$1,254
    Sales Price Range$570,000 - $610,000
    Rental Price Range$2,500 - $2,500
    1 Bed511 - 659 SQFT
    Average Cost Per Sqft$1,166
    Sales Price Range$820,000 - $820,000
    Rental Price Range$2,500 - $2,700
    1 Bed + Den700 - 700 SQFT
    Average Cost Per Sqft$1,127
    Sales Price Range$845,000 - $845,000
    Rental Price Range$3,800 - $3,800
    2 Bed1223 - 1223 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$5,250 - $5,250
    2 Bed + Den1154 - 1154 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$4,500 - $4,500

    How Often Are Units Listed?

    Studio456 - 632 SQFT
    Average Sales Availability
    Every343Days
    Average Rental Availability
    Every1087Days
    Ratio of Unit Type in Building9%
    1 Bed400 - 1099 SQFT
    Average Sales Availability
    Every150Days
    Average Rental Availability
    Every125Days
    Ratio of Unit Type in Building30%
    1 Bed + Den622 - 1050 SQFT
    Average Sales Availability
    Every136Days
    Average Rental Availability
    Every143Days
    Ratio of Unit Type in Building35%
    2 Bed720 - 1223 SQFT
    Average Sales Availability
    Every190Days
    Average Rental Availability
    Every192Days
    Ratio of Unit Type in Building19%
    2 Bed + Den1088 - 1300 SQFT
    Average Sales Availability
    Every399Days
    Average Rental Availability
    Every284Days
    Ratio of Unit Type in Building8%
    3 Bed1715 - 1715 SQFT
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building1%

    Maintenance Fees

    Chocolate Company Lofts vs The Queen West Area
    Chocolate Company Lofts's Avg
    monthly maintenance fee
    $0.72 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.81 / SQFT

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