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    Dominion Felt Works

    41 Shanly Street

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    3
    Number of Units:
    10
    Condo Completion:
    1983
    Condo Demand:
    No Data
    Unit Size Range:
    799 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Dominion Felt Works

    Amenities

    No Data

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 41 Shanly StreetDominion Felt Works

    Although others are noted for their early conversion dates, 41 Shanly is the original loft building in Toronto. What was once an awkward (some would even say ugly) industrial building constructed for the Dominion Felt Works, became the first legal residential Toronto loft when converted in 1981 by Mitchell and Associates. This game-changing style of condominium won the developers the Ontario Renews Award in 1984 for excellence in design, and upped the ante for future developments across the city.

    41 Shanly is emblematic of a period in history when condo developers built with livability in mind. Unlike modern run-of-the-mill Toronto condos for sale that appear dreary and diminutive, Dominion Felt Works is perfect for those hoping to invest in a quality home for years to come. Residents of 41 Shanly Street live close enough to the downtown core, while still enjoying ample living space, parking, and even tranquility.

    Similar to many of Toronto’s earliest loft conversions, 41 Shanly remains a hidden gem today. With only ten coveted units available, the building exudes exclusivity, and for good reason: the lofts rarely come to market and are instantly snatched up the moment they appear.

    The Suites

    Each individual loft at Dominion Felt Works can be called sprawling, especially in relation to Toronto’s average condo size. Ranging from 2 to 3 storey units, the suites at 41 Shanly are spacious enough for residents to forget they are living in a residential complex, and not a single family home.

    The lofts all feature exposed brick, authentic wood post and beams, rooftop patios, and ultra-high ceilings. The building even provides parking, a highly-sought after premium considering the way Toronto’s streets look during rush hour.

    The Neighbourhood

    Dovercourt & Wallace Emerson-Junction is one of Toronto’s most ethnically diverse neighbourhoods in Toronto today. This is due to the number of Portuguese, Italian, and Ethiopian immigrants who still inhabit the area, whereas gentrification in other neighbourhoods has made homes unaffordable to newcomers.

    Stores and restaurants run by long-time and newly arrived residents from around the globe take up residence in Bloordale Village, creating a vibrant atmosphere for neighbours to take part in. The local community also actively participates in cultural festivities, such as the annual Big on Bloor Street Festival and Toronto’s Nuit Blanche.

    By living 41 Shanly one is right in the middle of an international smorgasbord. From sugary Portuguese egg tarts to the finger-licking Ethiopian dishes accompanied by injera bread, Bloordale Village has it all. And if spice is what you’re really after, Koreatown is only minutes away, just east of Christie Pits Park.

    For adventurous home chefs who always seem to be missing that one key ingredient, a quick stop at one of the numerous ethnic food stores should be of assistance as well.

    While the area was once a relatively poor district of Toronto, the original residents being impoverished immigrants from England, Dovercourt-Wallace-Emerson-Junction is now a neighbourhood to keep a close watch on.

    Transportation

    Dominion Felt Works is only minutes away from Ossington Station on the Bloor subway line, from which TTC riders can connect with buses, streetcars, and east or west bound trains. For those whose lifestyles involve staying out until the wee hours, the night running along Bloor will come in handy.

    For residents who prefer driving, Bloor Street is a major east-west arterial road that speedily connects with both ends of downtown Toronto, or delivers drivers to major north-south thoroughfares. When heading out of the city, the Gardiner Expressway is accessible via a short drive down Dufferin Street.

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    Nearby Amenities

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    5/10
    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
    6,528
    Average Individual Income
    $61,552
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $106,287
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    41%
    High Rise Apartment
    27%
    Semi Detached
    23%
    Duplex
    4%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    59%
    Mandarin
    12%
    Cantonese
    12%
    Other
    10%
    Tagalog
    3%
    Tamil
    2%
    Arabic
    1%
    Armenian
    1%
    Education
    University and Above
    33%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    23%
    Architecture & Engineering
    21%
    Health & Related Fields
    13%
    Social Sciences
    10%
    Humanities
    8%
    Math & Computer Sciences
    6%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Days on Strata

    Units at Dominion Felt Works spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    14.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 26 condos in the Dovercourt | Wallace Emerson-Junction area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Dominion Felt Works offers the
    ?
    best value out of 26 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Appreciation Rank

    Dominion Felt Works has the
    ?
    highest ROI out of 26 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Rental Yield

    Dominion Felt Works yields the
    ?
    highest rent prices out of 26 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    High Demand

    Dominion Felt Works is the
    ?
    most popular building out of 26 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Transaction Insights at 41 Shanly Street

    Not Available

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