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    Volta Lofts

    588 Annette Street

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    5
    Number of Units:
    19
    Condo Completion:
    2014
    Condo Demand:
    Low
    Unit Size Range:
    812 - 1,310 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Volta Lofts

    Amenities

    Security System
    Bike Storage
    Visitor Parking
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 588 Annette StreetVolta Lofts

    While the homes now inhabiting 588 Annette Street are contained by a rather new construction, the land itself is quite historical. Once occupying the site where the Volta Lofts now stands was the Beresford Substation, a power source for some of Toronto’s earliest streetcars.

    Constructed in 2014 by Terra Firma Homes, these Toronto lofts are modern yet not abrasive, with the building blending seamlessly with its neighbours on the endearing Annette street. In this boutique soft loft, 19 units are spread over 5 storeys, with retail businesses occupying the spaces below.

    With less than 20 homes in the entire building, these lofts are not only spacious but they come equipped with a built in sense of exclusivity. Those who instantly fall for these fresh and progressive soft lofts must be patient, as turnover rates for Toronto condos for sale in this building are expected to be quite low.

    Built more recently than many Toronto lofts — both hard and soft — the Volta Lofts have millennial values in mind: solar panels help to power the building and reduce its carbon footprint, while insulated concrete contributes to energy efficiency and therefore lower bills for residents.

    The Suites

    Once inside one of the lofts, one immediately notices — and desires — the spacious and airy atmosphere provided by these homes. While square footage is naturally a factor, other design aspects of these lofts add to the roomy tone. Ceilings reach up to 9 feet, and large windows usher plenty of bright sunlight into every corner of the open concept living spaces.

    Sizes vary from around 1,000 to 1,600 square feet, with units ranging from one bedroom to two bedrooms plus den. So whether looking for a quiet home for a single young professional, a place to start a family, or a live/work space for go-getting entrepreneurs, 588 Annette Street has it all.

    All of the lofts at 588 Annette also boast either terraces or balconies with views of the charming Bloor West Village and the cityscape just beyond. Every unit is also designed with both modern functionality and aesthetics in mind, and is equipped with state-of-the-art appliances.

    The Neighbourhood

    Set just back from High Park, residents of the Volta Lofts inhabit a less hectic (and therefore less expensive) neighbourhood than most. Bloor West Village & Runnymede is like a little town of its own, meaning it has everything a local could ask for — from falafel joints to bicycle shops and everything in between. Plus, Annette Street itself is a dynamic pocket of independent businesses. Locals love picking up fresh baked goods from the Pie Shack or organic meats from Butcher by Nature before entertaining guests.

    The neighbourhood is a pocket of Toronto with a relaxed mood, thanks to its proximity to High Park. Visitors can spend entire days here with a book and a picnic blanket, or more adventurous types can make use of the various sporting facilities found within these 400 acres of green space. And while tourists flock to High Park once a year to gaze at those glorious cherry blossoms, locals quickly understand how versatile the park is all year round.

    Some of Toronto’s most vibrant cultural areas can also be explored easily with 588 Annette Street as a jumping off point. The Junction, Roncesvalles, and Dundas Street West are all just short journeys away from the Volta Lofts.

    Transportation

    Runnymede station on the Bloor-Danforth subway line can be reached in 15 minutes on foot. During those blistering Toronto winters, or when simply in a rush, streetcars are available to carry residents from 588 Annette to the subway in only 5 minutes.

    Drivers who choose to take advantage of the parking garage at the Volta Lofts will love their ability to reach the entirety of Toronto in no time. While traffic in this city can often be headache inducing, Annette Street and Runnymede Road are great starting points that are generally fast moving. Those who choose to drive can also reach the Gardiner Expressway in less than 10 minutes via the South Kingsway.

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    Nearby Amenities

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    7/10
    Transit
    Transit's there for you, like a loyal golden retriever.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

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

    Population
    6,671
    Average Individual Income
    $59,675
    Average Household Size
    0 persons
    Average Age
    43
    Average Household Income
    $102,495
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    33%
    Detached
    27%
    Semi Detached
    16%
    Low Rise Apartment
    15%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    76%
    Mandarin
    10%
    Cantonese
    7%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    12%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Architecture & Engineering
    24%
    Business Management
    23%
    Health & Related Fields
    12%
    Math & Computer Sciences
    10%
    Social Sciences
    10%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    2%
    Personal, Protective & Transportation Services
    1%

    Price Trends

    Days on Strata

    Units at Volta Lofts spend an average of
    62
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    2%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    7.2
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 3 condos in the Bloor West Village | Runnymede area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Volta Lofts offers the
    ?
    best value out of 3 condos in the Bloor West Village | Runnymede neighbourhood

    Appreciation Rank

    Volta Lofts has the
    ?
    highest ROI out of 3 condos in the Bloor West Village | Runnymede neighbourhood

    Rental Yield

    Volta Lofts yields the
    ?
    highest rent prices out of 3 condos in the Bloor West Village | Runnymede neighbourhood

    High Demand

    Volta Lofts is the
    ?
    most popular building out of 3 condos in the Bloor West Village | Runnymede neighbourhood

    Transaction Insights at 588 Annette Street

    1 Bed + Den2 Bed2 Bed + Den
    Price Range$783,000$1,000,000$1,215,000
    Avg. Cost Per Sqft$887$891$953
    Avg. Wait for Unit Availability526 Days633 Days1143 Days
    Ratio of Units in Building59%24%18%

    Maintenance Fees

    Volta Lofts vs The Bloor West Village | Runnymede Area

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