Brownstone on Wallace Condo Townhouses
15 - 35 Elsie Lane & 351 Wallace Ave. West Toronto Dovercourt, Wallace, Emerson & The Junction
Built: 2011 Units: 134
Developer: Montevallo Development
Maintenance Fees: Aprox. $200/mo Includes: Parking, Common Elements, Building Insurance
Parking: Single Car Garage
With a slate of galleries, restaurants, vintage shops and cafés name checked by urban tastemakers, the stretch of Lansdowne between Dundas and Bloor is no longer risky, seedy and bypassed. It’s now not only the city’s locus of hipster culture, but a destination for families looking for a nice semi in the $500,000s. The area’s two best real-estate pockets—Wallace-Emerson and the adjacent Brockton Village—are blooming with new developments. North of Bloor, empty lots are filling up with new townhouses (including the Brownstones development on Wallace Avenue, west of Perth), work and retail spaces (like the Junction Triangle Lofts) and design-conscious condos (Upside Down, a mid-rise near Dupont aimed at young professionals).
BUILDING OVERVIEW & FINISHES Brownstones on Wallace to the public today and expecting a similar response. The location and affordable prices, starting in the mid-$280,000s, are key factors. There will be 134 townhomes for this collection at Wallace and Perth Streets, just a few blocks north of Bloor St. Sam Moses, vice-president of new homes for Norman Hill Realty, representatives for the site says, "Brownstones on Bloor sold out in about five hours. This is an area that's in transition and has become really trendy. It also has GO Transit, the Dundas West subway station and the proposed shuttle to the airport that (is expected to) get you there in about 22 minutes." The homes range from 846 to 1321 square feet. "We are including six appliances (four are stainless steel), prefinished oak floors, and a designer kitchen with granite countertop," says Moses. "People are required to buy a parking space for $20,000. Overall, it's great value. " Efficient space planning and cosmopolitan design touches distinguish these homes as sophisticated places to live. Each home also has many windows, and a patio or roof deck, perfect for relaxing in the sunshine during the day, or enjoying a barbecue in the evenings. Nearby High Park is a year-round recreational area that is a short walk from the homes. This is an established neighbourhood so there are also many schools, parks, entertainment venues, a proposed bicycle trail, and playgrounds, all within walking distance.