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    The Hive Lofts
    by Symmetry Developments

    51 Lady Bank Road

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    6
    Number of Units:
    18
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    466 - 1,300 SQFT
    Unit Availability:
    Low
    Property Management:
    Wilson Blanchard Property Management

    Listing History for The Hive Lofts

    Amenities

    Bike Storage
    BBQ
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 51 Lady Bank RoadThe Hive Lofts

    Bees have become trendy in the 21st century, especially since seven species of the insect were labeled endangered in 2016. From artisan honey, to urban rooftop hives, and now even soft lofts, Torontonians have been embracing these sweet stingers more than ever. The mid-rise soft loft at 51 Lady Bank Road even honoured the little buzzers, when it was named The Hive Lofts.

    The name was bestowed upon the building by Sayf Hassan, president of Symmetry Developments — and in keeping with Hassan’s creative spirit, the structure is far from symmetrical. Hassan teamed up with Teeple Architects to create this intimately sized, modern-looking building.

    The Hive Lofts sits at the Corner of Queensway and Lady Bank Road, where progressively-designed buildings are few and far between. Glass and corrugated zinc sit atop a concrete base, and this variety of building materials certainly makes this soft loft one of the most interesting architectural structures on the block. The loft feels as though someone has transported them directly from downtown Toronto.

    With only 18 units spanning 6 storeys, the building is an intimate place where neighbours are likely to become familiar with one another very quickly. Amenities that come along with these lofts include barbecues, a phone entry security system, and parking. In fact, providing the lofts at 51 Lady Bank Road with ample parking for its residents was only possible thanks to its innovative, stacked parking system.

    The Suites

    The Toronto condos for sale at the Hive Lofts range from 500 to 1300 square feet. In keeping with their loft classification, they feature floor-to-ceiling windows and exposed concrete ceilings. And what these soft lofts lack in the ruggedness found in hard lofts, they make up for in their 10-foot ceilings, crisp, clean lines, and their abundance of natural sunlight.

    Each home at 51 Lady Bank Road features a distinctive layout, and many are equipped with large balconies. One unit — a two-bedroom plus den — can comfortably hold a family, or even two. With millennial needs in mind, Hassan opted to place the bedrooms on opposite ends of the unit: in the case that two individuals choose to cohabitate here, each will be afforded the privacy they need.

    The Neighbourhood

    The Hive Lofts are located in The Queensway & Sunnylea neighborhood in Etobicoke. Residents needn’t go far for provisions, as commercial space lines the ground floor of 51 Lady Bank Road, and thankfully for foodies Sushi 2 Go has even moved in here.

    Residents can also be easily entertained, between shops and restaurants along the Queensway, and the Cineplex theatre (with the option of going VIP), which is less than 10 minutes away on foot.

    Also just around the corner from 51 Lady Bank Road is a Costco and the Great Lakes Brewery, offering two equally amusing but distinctive ways to spend a Saturday afternoon.

    Transportation

    Residents without cars can use the Queensway bus that conveniently stops just outside its doors. From here, passengers can connect with the 501 Streetcar to reach the heart of the city.

    Those who make use of the stacked parking at the Hive Lofts can zip over to the Gardiner Expressway via Royal York Road. From here, downtown Toronto can be reached in about 15 minutes. Alternatively, Pearson International Airport is only a 10-minute drive away.

    1

    Listings For Sale

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    Listings For Rent

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    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    6/10
    Transit
    You won't need to read all of 'War and Peace' at the bus stop... just a few chapters.
    5/10
    Bikeability
    A perfect balance of challenge and 'Hey, I didn’t know there was a bike shop here!'

    Demographics

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

    Population
    9,542
    Average Individual Income
    $55,587
    Average Household Size
    0 persons
    Average Age
    7
    Average Household Income
    $94,607
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    38%
    Detached
    25%
    Semi Detached
    18%
    Low Rise Apartment
    13%
    Duplex
    3%
    Marital Status
    Commute
    Languages
    Tagalog
    1%
    Mandarin
    10%
    Cantonese
    9%
    Tamil
    1%
    English
    34%
    Indigenous Language
    34%
    Other
    11%
    Education
    High School
    26%
    Apprenticeship
    2%
    University and Above
    33%
    College
    16%
    University Below Batchelor
    3%
    None
    17%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    11%
    Architecture & Engineering
    20%
    Humanities
    4%
    Physical Sciences
    5%
    Math & Computer Sciences
    8%
    Social Sciences
    11%
    Education
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    27%

    Price Trends

    Building Trends At The Hive Lofts

    Days on Strata

    Units at The Hive Lofts spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    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
    6.9
    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 12 condos in The Queensway | Sunnylea area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    1
    Units were Rented over the past twelve months

    Best Value Rank

    The Hive Lofts offers the
    ?
    best value out of 12 condos in neighbourhood

    Appreciation Rank

    The Hive Lofts has the
    ?
    highest ROI out of 12 condos in neighbourhood

    Rental Yield

    The Hive Lofts yields the
    ?
    highest rent prices out of 12 condos in neighbourhood

    High Demand

    The Hive Lofts is the
    ?
    most popular building out of 12 condos in neighbourhood

    Transaction Insights at 51 Lady Bank Road

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$480,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,062No DataNo DataNo Data
    Avg. Wait for Unit Availability483 Days376 Days624 Days649 Days
    Ratio of Units in Building50%22%15%15%

    Maintenance Fees

    The Hive Lofts vs The Queensway | Sunnylea Area

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