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    5-35 Elsie Lane & 351 Wallace Avenue

    Brownstones on Wallace Condos
    0for Sale
    2for Rent

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    2
    Number of Units:
    134
    Condo Completion:
    2011
    Condo Demand:
    High
    Unit Size Range:
    749 - 1,400 SQFT
    Unit Availability:
    Medium
    Property Management:

    Listing History for Brownstones on Wallace Condos

    Receive listing updates for Dovercourt | Wallace Emerson-Junction

    Amenities

    Visitor Parking
    Bike Storage
    Indoor Parking
    Rooftop Deck
    BBQs Allowed

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 5-35 Elsie LaneBrownstones on Wallace Condos

    Following the success of the Brownstones on Bloor, Montevallo Developments created similarly styled homes at 5-35 Elsie Lane and 351 Wallace Avenue, in the Dovercourt & Wallce Emerson-Junction neighbourhood. For anyone seeking spacious suites in a friendly neighbourhood — think people actually smiling and waving at the mailman — the Brownstones on Wallace surely deliver.

    This master-planned community at 5-35 Elsie and 351 Wallace celebrated its grand opening in 2007 with Burka Architects overseeing its timeless architecture. While the Brownstones on Bloor stand at only 2-storeys high, these stacked townhouses showcase a surprising quantity of expansive windows and generous outdoor patios and terraces.

    Unsurprisingly, these traditional buildings along 5-35 Elsie and 351 Wallace were built with carefully selected, top-quality materials: brick makes up the base of the edifices, with lighter tones elegantly framing the deep, resolute maroon facade — a classic aesthetic that will grow even more charming over time.

    Thanks to the ample space between the Brownstones on Wallace’s buildings, there’s an abundance of green space throughout the complex, planted with some trees that are already quite grand. This open space feels refreshing, and is uncommon for many residents living in any of the city’s denser developments. While these condos don’t feature as many amenities as others, this keeps maintenance costs low for residents, making Toronto condos for sale here a great choice for families on a budget.

    The Suites

    5-35 Elsie and 351 Wallace are made up of 134 spacious townhouses, which range in size from approximately 850 to 1,350 square feet. The suites either feature 2 bedrooms plus a den or 3 bedrooms, and span 2- or 3-storeys each. Regardless, the Brownstones on Wallace’s efficient floor plans feel quite comfortable, and every suite’s living space extends even further outside, onto either a rooftop deck or patio.

    Inside, the suites’ impressive fixtures and finishes create a sophisticated, classically cosmopolitan aesthetic. The kitchens feature stainless steel appliances, granite countertops and stylish ceramic backsplashes. Throughout the suites’ primary areas, elegant oak flooring can be found, as well as stair railings and pickets made of the same material. These wood accents enrich the atmosphere of the suites, providing natural vibrancy that’s accentuated by the light that flows in through their many windows.

    The Neighbourhood

    Residents of the Brownstones on Wallace live in a very attractive neighbourhood courtesy of the well-established community. There are many schools, parks and playgrounds for prospective homeowners with children in the family. And residents can grab inexpensive groceries at a FreshCo around the corner on Dundas West Street, which is about about five minutes away. There’s also a Shoppers even closer on Dundas West, for when essentials run low.

    The Junction - West End is renowned for its eclectic offerings, from rare and vintage finds to creatively crafted goods. A short walk away from the Brownstones on Wallace, around the intersection of Dundas West and Keele Street, there seems to be a café or pub with its own roaster or microbrewery at every corner, with many boutiques and restaurants in between.

    Additionally, 5-35 Elsie and 351 Wallace are just north of Roncesvalles, another neighbourhood with enticing retail and restaurant options. And, High Park is also only about a fifteen-minute walk or a ten-minute drive away.

    Transportation

    Residents of the Brownstone on Wallace are well positioned to travel around the city with ease. Not only do they live in a friendly, residential neighbourhood, but they’re close to great public transit options as well.

    There’s a TTC Bus stop a few minutes away at Dundas West and Glenlake Avenue. Those living at 5-35 Elsie and 351 Wallace can use this bus in order to ride down to Dundas West station and transfer onto the Bloor-Danforth subway line. And on the rare occasion the bus is untimely, Dundas West Station is also only around a ten-minute walk away.

    Additionally, on Bloor Street close to Perth Avenue is a station where the Union Pearson Express makes a stop before heading toward the airport. The UP Express takes travelers from the Junction Triangle to Pearson International exceptionally fast — under twenty-five minutes, to be precise.

    Finally, those who drive are close to major roadways like Bloor Street and Dundas, whose traffic usually moves well throughout the city. When traffic cooperates, drivers can connect to the highway in about ten minutes: they need only to head south, where they can hop onto the Gardiner Expressway from Jameson Avenue.

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    Explore Dovercourt | Wallace Emerson-Junction

    7/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    10/10
    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 condos

    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%

    Maintenance Fees

    Brownstones on Wallace Condos vs The Dovercourt | Wallace Emerson-Junction Area

    Days on Strata

    Units at Brownstones on Wallace Condos spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

    Condos 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
    3.7
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 40 condos in the Dovercourt | Wallace Emerson-Junction area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Brownstones on Wallace Condos offers the
    ?
    best value out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Appreciation Rank

    Brownstones on Wallace Condos has the
    ?
    highest ROI out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Rental Yield

    Brownstones on Wallace Condos yields the
    ?
    highest rent prices out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    High Demand

    Brownstones on Wallace Condos is the
    ?
    most popular building out of 40 condos in the Dovercourt | Wallace Emerson-Junction neighbourhood

    Transaction Insights at 5-35 Elsie Lane

    1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$800,000 - $1,020,000$850,000 - $901,000No Data
    Avg. Cost Per SqftNo DataNo Data$896$850No Data
    Avg. Wait for Unit AvailabilityNo Data583 Days56 Days69 Days63 Days
    Ratio of Units in Building1%8%27%46%20%

    Unit Sales vs Inventory

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