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    Toronto / West End / Dovercourt | Wallace Emerson-Junction

    304 - 245 Perth Ave

    For SaleArch Lofts
    $775,000
    Price Increase: $699,000
    1 Bed + 1
    1 Bath
    0 Parking
    700 - 799 SQFT
    64 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $700/mth
    Taxes:
    $3,419 (2024)
    Cost Per Sqft:
    $970 - $1,107/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Flexible
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Ground Source
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    14.4 x 7.32ft
    Dining
    20.6 x 11.81ft
    Living
    20.6 x 11.81ft

    About this Listing

    Take Me To Church at 245 Perth! This is your chance to get into the rarely offered 39-unit Arch Lofts. The building, a converted Church, is a stunning example of Modern Design meets Historical Character. Unit V304 is a 1 Bed with the perfect layout! No space is wasted whether youre looking to work from home, host a dinner party, or relax in your spacious living room! Make sure to take in the beautiful view from the 134 square foot (!!!) Balcony, perfect for watching Sunrise or having a BBQ in the summer! Beautiful Scavolini Kitchen with oversized island, Caesarstone Counters, Gas Cooktop and Modern Integrated Appliances. This unit comes with a locker.What else do we love about this building? Its Environmentally friendly, Dog friendly, Bike Friendly, and Commuter Friendly AND has a well-equipped gym in the building! LOCATION LOCATION LOCATION! Steps away to delicious food, Coffee Shops, Breweries, Art Galleries, Parks and The Rail Path.

    real estate homewardMLS® #W9295192

    Amenities

    Party Room
    Security System
    Bike Storage
    Gym Room
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    8/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    6/10
    Bikeability
    The bike lane starts to feel like a second home.

    Similar Listings

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    21%
    35 - 49
    19%
    50 - 64
    22%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    24%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    3%
    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

    Maintenance Fees

    Arch Lofts vs The Dovercourt | Wallace Emerson-Junction Area

    Building Trends At Arch Lofts

    Days on Strata

    Units at Arch Lofts spend an average of
    2
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    1%
    above
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Dovercourt | Wallace Emerson-Junction

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    18%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 40 condos in the Dovercourt | Wallace Emerson-Junction area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Arch Lofts offers the
    ?
    best value out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Appreciation Rank

    Arch Lofts has the
    ?
    highest ROI out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Rental Yield

    Arch Lofts yields the
    ?
    highest rent prices out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    High Demand

    Arch Lofts is the
    ?
    most popular building out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Transaction Insights at 245 Perth Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo Data$1,200,000No DataNo Data
    Avg. Cost Per SqftNo DataNo DataNo Data$1,077No DataNo Data
    Avg. Wait for Unit Availability207 Days531 Days421 Days1154 DaysNo Data1171 Days
    Ratio of Units in Building59%14%16%5%5%5%

    Transactions vs Inventory

    Total number of units listed and sold in Dovercourt | Wallace Emerson-Junction