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237 Wallace Avenue
Dovercourt-Wallace Emerson-Junction Toronto M6H 1V5

$1,695,000 /For Sale
Commercial

Main Photo: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 1: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 2: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 3: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 4: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 5: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 6: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 7: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 8: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 9: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 10: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 11: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 12: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 13: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 14: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 15: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 16: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 17: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 18: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 19: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 20: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 21: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 22: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 23: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 24: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 25: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 26: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Photo 27: 237 Wallace Avenue in Toronto: Dovercourt-Wallace Emerson-Junction Commercial for sale (Toronto W02)  : MLS®# W14034676
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W14034676
A rare opportunity in the heart of the Junction Triangle creative community! Distinctive 2-storey freehold with common elements space at the 229 Wallace Lofts offering approx. 2,647 sq. ft. of area; 1,405 sq. ft. on the main floor + 1,242 sq. ft. on the second floor. Designed to inspire and built to make an impression, the space pairs dramatic industrial character with polished modern design: soaring 14' main floor and 10' upper floor ceiling heights, exposed structure and ductwork, polished concrete floors, masonry walls, abundant natural light, statement lighting, custom millwork and glass enclosed work areas create a workspace with undeniable grandeur. A private street entrance and expansive storefront facade create a strong presence off of Wallace Ave. Inside, the current layout features a striking reception with custom desk and wood slat canopy, sleek kitchenette, studio, private offices, server rooms, storage plus a washroom per each floor, including a shower upstairs. Separate entrances to each level provide exceptional flexibility for office, studio, creative or professional use. Front and rear access points, a rear terrace and laneway access add even more functionality. Fully outfitted with modernized forced air heating & cooling systems plus supplementary ductless heat pumps means working will be a breeze. Electrical, plumbing, HVAC and lighting improvements have all been completed. Minutes to amenities along Bloor St W, the TTC subway line and Bloor GO Station while the UP Express provides quick access downtown and Pearson Airport. Perfectly situated between cafés, restaurants, shops and a growing mix of creative, tech and professional businesses. Currently zoned E2.0 Employment: proposed uses and alterations subject to zoning, permits and approvals. This is a one of a kind workspace with serious style, flexibility and all with a remarkable street presence. Truly, a must see!
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
2647 sq. ft. Square Feet
Total Area:
2,647 sq. ft.
Office/Apt Area:
2647 sq. ft. Sq Ft
Lot Depth:
92'4"
Lot Frontage:
20'11"
Lot Shape:
Irregular
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
E 2.0 (Employment; By-law 569-2013)
Heating type:
Other
Garage:
Outside/Surface
Parking Spaces:
4
Possession Details:
TBD
Lot Irregularities:
Irregular (MPAC)
HST Applicable To Sale Price:
In Addition To
Assessment:
$911,000
Assessment Year:
2026
Type Taxes:
Annual
Taxes:
$16,776.87 / 2026
Assessment:
$911,000.00 / 2026
Toronto
Toronto W02
Dovercourt-Wallace Emerson-Junction
No
API security monitoring arrangement; two additional parking spaces leased from TCECC No. 2141. Transferability to be confirmed by Buyer. Security recording equipment and monitoring transferability subject to confirmation by Seller.
Custom front reception desk, GE upright refrigerator/freezer, all existing electric light fixtures, window coverings, built-in cabinetry and millwork, plumbing fixtures, heating and air-conditioning equipment including furnaces, central A/C and ductless heat pump systems, hot water tank, all permanently installed electrical and mechanical equipment, and six existing colour video security cameras.
All Seller removable trade fixtures, furniture & business equipment, incl. individual desks, chairs, tables, computers, monitors, servers, movable server racks, removable IT equipment, media and production equipment, audio visual equipment, tools, supplies + personal/business property of the Seller.
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$152.57
Expenses Actual/Estimated:
Estimated
Heating Expenses:
$2,100
Hydro Expenses:
$16,500
Insurance Expenses:
$13,365
Tax Expenses:
$16,776.87
Water Expenses:
$900
Year Expenses:
2026
Maintenace Expenses:
$1,830.84
Business/Building Name:
229 Wallace Lofts
Category:
Office
Date Listed:
Oct 15, 2026
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Listed by ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT
Data was last updated October 15, 2026 at 08:15 PM (UTC)
ALEX PRASOULIS
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