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    Wrigley Lofts
    by Atria Developments

    245 Carlaw Avenue

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    5
    Number of Units:
    83
    Condo Completion:
    1998
    Condo Demand:
    High
    Unit Size Range:
    350 - 2,000 SQFT
    Unit Availability:
    Low
    Property Management:
    Esbin Property Management

    Listing History for Wrigley Lofts

    Amenities

    Rooftop Deck
    Bike Storage
    Party Room
    BBQ
    Rec Room
    Security System

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 245 Carlaw AvenueWrigley Lofts

    At 245 Carlaw Avenue, amongst plenty of industrial-era architecture, sits a former chewing gum factory. Before being transformed into opulent residences, the address was home to Wrigley’s stomping grounds since 1907. Wrigley may have moved its factory to Leslie and Eglinton in 1963, however since then the structure on Carlaw waited patiently for an insightful developer to come along and oversee its conversion.

    In 1998, before hard loft conversions had become widespread in Toronto, Atria Developments took a stab at the factory space. At the outset of the loft boom, rather, the most insightful and trendsetting of Torontonians were the ones to secure a spot at the Wrigley Lofts. Little did they know, Atria’s triumph with 245 Carlaw’s conversion would be followed a decade later by yet another sensation just next door, known as the Garment Factory Lofts.

    These 88 authentic Toronto lofts are distinctive, however, for their live/work zoning. This, combined with generous square footages, positions the lofts as an ideal spot for artists and creative to settle down — or get to work — in.

    Typical of an intimately sized true conversion, the lofts offer few shared amenities to its residents. Neighbours can gather in the communal party and meeting room, however beyond this they must look to their surrounding neighbourhood. Thankfully, the building is set within the lively Leslieville & South Riverdale neighbourhood, where residents can find anything their hearts could possibly desire.

    The Suites

    Once inside the majestic brickwork façade of 245 Carlaw Avenue, prospective buyers are even more impressed. The original sales of units were geared toward creative types who wanted to design their own spaces, and as a result, artists and designers still make up the bulk of the residents. Those units that do appear on the market are often methodically designed, making any Leslieville condos for sale in this building, one-of-a-kind.

    For example, one such unit was bought by a glass salesman, meaning this material is copious in the loft. Yet another embraces a minimalist aesthetic, with a mezzanine level added to take advantage of soaring ceiling heights.

    Sizes range quite dramatically, offering something for every type of buyer. Cozier, 300 square foot units are ideal for single professionals who are too active to spend much time at home. Other lofts span 3,000 square feet, offering ample space to raise a family or have a couple of pets run around in. The largest of homes here feature up to two bedrooms and two bathrooms, a rarity for this metropolitan area.

    Regardless of their dimensions, the hard lofts are bright, airy, and embrace an updated industrial atmosphere. Ceilings reach to 16 feet high and are supported by concrete mushroom columns, while multitudes of windowpanes are grouped together and framed in metal. Many of the homes also retain the open concept layouts arranged during the initial conversion process.

    The Neighbourhood

    Leslieville & South Riverdale is a neighbourhood that manages to keep a low profile, while it becomes trendier and more exciting for its residents each year. Independent shops and offbeat restaurants line Queen Street East, meaning locals can find anything from decadent pulled pork sandwiches to delicate antique glassware on their Sunday morning strolls.

    Dave and Charlotte’s No Frills is also less than 10 minutes away from 245 Carlaw on foot, where residents can stock their pantries with inexpensive staples. For the more lavish purchases — when either throwing a dinner party or simply just indulging — residents can head over to Sandy Aleksander on Queen East, known as Toronto’s best source for all things charcuterie.

    What’s more, the abundance of yoga studios and gyms along Carlaw Avenue make up for the lack of a gym within the Wrigley Lofts itself. Alternatively, residents can explore the outdoors at nearby green spaces such as Jimmie Simpson Park and Corktown Common.

    Transportation

    With Leslieville as a starting point, residents of the Wrigley Lofts can easily access other dynamic Toronto areas such as the Danforth or The Beaches. As well, residents can make their way over to the central core of the city, via car, bicycle, or public transit.

    Drivers can use the Don Valley Parkway and the Gardiner Expressway to zip around the city in no time. From the DVP, residents can also reach the 401 to the north, which leads to Pearson International Airport as well as neighbouring towns and cities.

    Those relying on public transit can hop on a streetcar that runs along Queen Street East or Gerrard, both of which offer transfers onto the Yonge subway line. From here, residents can also travel two stops south in order to reach Union Station, where those looking to leave the city have access to VIA Rail, Go Transit, and the UP service to Pearson Airport.

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    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
    50,260
    Average Individual Income
    $64,041
    Average Household Size
    0 persons
    Average Age
    5
    Average Household Income
    $111,092
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    22%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    7%
    Marital Status
    Commute
    Languages
    Cantonese
    10%
    Indigenous Language
    32%
    Tagalog
    1%
    Mandarin
    9%
    Tamil
    2%
    English
    38%
    Other
    8%
    Education
    High School
    26%
    Apprenticeship
    3%
    University and Above
    32%
    College
    15%
    University Below Batchelor
    3%
    None
    18%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    12%
    Architecture & Engineering
    20%
    Humanities
    5%
    Physical Sciences
    5%
    Math & Computer Sciences
    7%
    Social Sciences
    11%
    Education
    4%
    Visual & Performing Arts
    2%
    Business Management
    25%

    Price Trends

    Building Trends At Wrigley Lofts

    Days on Strata

    Units at Wrigley Lofts spend an average of
    11
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    10%
    above
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    2.9
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    16th
    Highest price per SQFT out of 38 condos in the Leslieville | South Riverdale area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    4
    Units were Rented over the past twelve months

    Best Value Rank

    Wrigley Lofts offers the
    ?
    best value out of 38 condos in the Leslieville | South Riverdale neighbourhood

    Appreciation Rank

    Wrigley Lofts has the
    ?
    highest ROI out of 38 condos in the Leslieville | South Riverdale neighbourhood

    Rental Yield

    Wrigley Lofts yields the
    ?
    highest rent prices out of 38 condos in the Leslieville | South Riverdale neighbourhood

    High Demand

    Wrigley Lofts is the
    ?
    most popular building out of 38 condos in the Leslieville | South Riverdale neighbourhood

    Transaction Insights at 245 Carlaw Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$845,000 - $865,000No DataNo Data$1,110,000No DataNo Data
    Avg. Cost Per SqftNo Data$682No DataNo Data$1,027No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data120 Days384 DaysNo Data716 DaysNo DataNo Data
    Ratio of Units in Building13%54%15%7%10%2%2%

    Maintenance Fees

    Wrigley Lofts vs The Leslieville | South Riverdale Area

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