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$1,695,000

237 Wallace Ave

Toronto W02, ON M6H 1V5

237 Wallace Ave, Toronto W02 — Listed at $1,695,000, 2 bathroom Office. MLS® W14034676.

Possession · seller's timeline

Flexible

2Baths
Office
$16,776.87Taxes/yr · 2026
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Description

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 Details

Property TypeOffice
CommunityDovercourt-Wallace Emerson-Junction
Washrooms2
Lot Size1,930 sq ft
Lot Dimensions20.92 × 92.32 ft
Lot Size Area1,930 sqft
Dir/Cross StWallace Avenue / Lansdowne Avenue
Garage TypeOutside/Surface
Heating TypeOther
A/CYes
SewersSanitary+Storm
Taxes (2026)$16,776.87
Maintenance Fee$152.57/Monthly
HSTIn Addition To
SecurityNo
Listed Date10/15/2026
Days on Market29 days
PossessionTBD

Business Details

Property Sub-TypeOffice
Business Name229 Wallace Lofts
Property UseOffice
Occupant TypeOwner
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires1/30/2027
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTAT

MLS® #W14034676

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 237 Wallace Avenue

This office is located in the Dovercourt-Wallace Emerson-Junction neighbourhood of Toronto.

The home offers 2 bathrooms.

Additional details: lot dimensions of 20.92 × 92.32 feet.

Listed at $1,695,000 CAD with annual property taxes of $16,776.87 (2026).

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About Toronto Real Estate

This Office is located in the Dovercourt-Wallace Emerson-Junction community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →