550 Hopewell Avenue
Building Details
Listing History for West Village Lofts
Amenities
Maintenance Fees
About 550 Hopewell Avenue — West Village Lofts
Even those desiring a quiet home outside of the downtown core should be able to enjoy the perks of loft living. Fortunately, the West Village Lofts are a perfect middle ground — slightly removed from the bustling City Center - Toronto, these homes still feel bright and spacious as ever.
This boutique soft loft is a relatively recent construction, built in 2006. Stafford Homes spearheaded the project, a group with numerous successful residential and commercial developments under their belt.
As mainly single-family homes dot the tree-lined streets of the Briar Hill & Belgravia neighbourhood, this stucco structure enjoys its spot in the limelight. The boxy, industrial style exterior is a refreshing break for both residents and neighbours to enjoy. Plus, panes of warehouse windows allude to the 29 sunlit homes that can be found within.
Unlike those in the more cramped downtown Toronto neighbourhoods, residents of the West Village Lofts will have plenty of space to explore. Drivers benefit from the parking garage for themselves and visitors; pet owners taking advantage of the animal-friendly policy at 550 Hopewell Avenue will love exploring the York Beltline Trail and Walter Saunders Memorial Park, leash in hand.
The Suites
Covering 3 storeys at 550 Hopewell Avenue are 29 soft lofts, each with an updated industrial vibe. The lofts are laid out in an open concept manner, allowing warm sunlight to pour through sizeable, commercial grade windows. Concrete finishes are abound, as well as exposed ductwork and 12 foot ceilings.
Though the lobby is ultra-chic at the West Village Lofts, those looking for an added sense of privacy can opt for units with private entryways. And while third floor residents are welcome to walk, elevators are always available for transporting tired legs up to bed.
Certain Toronto condos for sale at the West Village Lofts span two levels, and most feature patios with gas hookups for barbecues. Whether purchasing a cozy 650 square foot unit or one of the larger lofts that reach up to 1,500 square feet, these light and airy homes feel large enough to host gatherings of all sorts.
The Neighbourhood
The area around Briar Hill & Belgravia is populated by many longstanding businesses. Along Dufferin, everything from wedding gowns to Italian meatball sandwiches can be found.
The West Village Lofts are also located conveniently close to Yorkdale Shopping Centre. The mall has been around for 50 years, and has been growing more and more upscale in recent years. Besides the obvious function of retail therapy, Yorkdale is a great hideout for rainy days with its numerous dinner options and a large Cineplex movie theatre.
Another benefit of these lofts’ distance from downtown is their proximity to peaceful green spaces. Walter Saunders Memorial Park is right outside the lofts at 550 Hopewell Avenue, as is the York Beltline Trail that connects to many other ravines and parks throughout the city.
Transportation
Drivers living at the West Village Lofts will come to know and love the easy driving afforded by Dufferin Street. Dufferin offers a route south toward Lake Ontario, or north to the 401. Alternatively, the Allen Road is a freeway that carries drivers from Eglinton to Sheppard Avenue.
For those who rely on public transportation, buses along Dufferin street will come in handy. And unlike many other uptown residences, the lofts at 550 Hopewell Avenue are only a 15 minute walk away from Eglinton West station, which travels along the University-Spadina subway line.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At West Village Lofts
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Transaction Insights at 550 Hopewell Avenue
1 Bed | 2 Bed | 3 Bed | |
---|---|---|---|
Price Range | No Data | $689,000 | $827,000 |
Avg. Cost Per Sqft | No Data | $436 | $517 |
Price Range | No Data | No Data | No Data |
Avg. Wait for Unit Availability | No Data | 166 Days | 564 Days |
Avg. Wait for Unit Availability | 392 Days | 1189 Days | No Data |
Ratio of Units in Building | 11% | 79% | 11% |
Unit Sales vs Inventory
Total number of units listed and sold in Briar Hill | Belgravia