Yes, yes, yes. We are loving this 1+1 South Riverdale hard loft (though we always find it a bit weird when places are listed with a den, when there’s no actual separated space, but we digress…).
With an asking price of $699,900, this 1 bedroom + den, 1 bathroom unit checks a lot of our boxes – high ceilings, loads of natural light, and that classic red brick. It features almost 1,000 square feet of living space and an Eastern exposure, so the morning light will be plentiful.
Originally constructed in 1914 for the United Drug Company as a 5-storey building, two additional storeys were added during the 2006 condo conversion. And fun fact, between 1920 and 1943, L.K. Liggett druggists ran a pharmacy and soda fountain on the ground floor – a modern era one stop shop!
With 10.5 foot ceilings, this fifth floor unit was the highest level of the original factory and features those gorgeous factory wood ceilings, exposed brick walls, polished concrete floors, metal structural beams, and 6.5 foot high original window openings. We’re loving it all.
And bonus points for a hard loft with bedroom walls that actually hit the ceiling (ahh, privacy/quiet)!
The custom antique French doors complement the space beautifully and we’re loving their height.
It looks like there’s no shortage of closet storage in the space.
The bathroom feels a bit uninspired to us, but relative to the other finishes in the house (e.g., kitchen island), we get it.
- Maintenance fees – $491.41/month
- Parking space(s) – 1
- Storage locker(s) – 1
- 2016 taxes – $3,336
- Days on market – 3
- Onsite laundry facilities – 0 (??)
Final verdict: SOLD
While we typically try to avoid maintenance fees at all costs, we think these fees are fairly reasonable (and are actually below average for the neighbourhood, despite an increase in 2016). Plus, if you’re looking at any shared living spaces (i.e., lofts), they’re pretty much required. We think the asking price is quite reasonable for what you’re getting; however, we do wonder about whether or not laundry facilities are available onsite (yikes if they’re not!). We suspect this gem won’t be around for long!
What are your thoughts – worth it??