237 Wallace Ave is a 2-bathroom office in Toronto, listed for $1,695,000.
1A rare opportunity in the heart of the Junction Triangle creative community!
2Distinctive 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.
3Minutes 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.
How can Zara help?Zara · AI virtual agent · 24/7 · free
Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Toronto
About 237 Wallace Avenue
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!
Toronto office priced at $1,695,000 — book a tour to see if it fits your search.
Inside 237 Wallace Ave
Every detail from the listing, in one place.
Type
Office
Features & systems
Lot & land
Lot size (sqft)
1930
Listing & possession
Property class
Office
237 Wallace Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14034676$1,695,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 237 Wallace Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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 Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5039.8%On average, homes sold at or above asking.
Active listings12,939Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,411 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
237 Wallace Ave is listed at $1,695,000 (MLS® W14034676). Summitly updates the price as soon as the MLS® record changes.
Has the price of 237 Wallace Ave changed?
No — 237 Wallace Ave is still listed at its original asking price of $1,695,000.
How many bedrooms and bathrooms does 237 Wallace Ave have?
237 Wallace Ave has 2 bathrooms. It is a commercial property in Toronto.
Is 237 Wallace Ave close to transit?
The nearest rapid-transit station is Lansdowne Station (Line 2), about 410 m (about a 5-minute walk) in a straight line. Bloor GO Station is about 570 m (about a 7-minute walk), and Dundas West Station is about 760 m (about a 10-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 237 Wallace Ave compare with other homes in Toronto?
Its asking price of $1,695,000 is about 100% above the median sold price in Toronto over the last 90 days, $849,000, across 9,411 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 237 Wallace Ave been sold before?
Summitly has no earlier MLS® sale or lease of 237 Wallace Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 237 Wallace Ave?
237 Wallace Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 237 Wallace Ave been on the market?
1 day — 237 Wallace Ave was listed on October 14, 2026.
What is the land transfer tax on 237 Wallace Ave?
About $60,750 at the asking price of $1,695,000: $30,375 Ontario land transfer tax plus $30,375 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 237 Wallace Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 237 Wallace Ave?
The listing for 237 Wallace Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 237 Wallace Ave built?
The listing for 237 Wallace Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
