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Network Lofts

2 Fieldway Road

Network Lofts is a conversion of a former Network Communications office building into 205 hard lofts

A former Network Communications office building has been converted in 2008 into 205 hard lofts, ranging in size from just over 500 sq.ft. to approximately 1,760 sq.ft. Amenities include exercise room, whirlpool, sauna, yoga studio, party room, media room with home theatre system, guest suite, rooftop terrace with a BBQ area, 24-hr concierge and visitors parking.

One dog per suite is allowed, with no size restrictions. Loft units feature concrete ceilings with 10.5 feet ceiling heights.

A short walk to Kipling subway station, a park right next to the building, the ability to have a large dog, and a very reasonable unit prices make this hard loft building a good choice for first time buyers.

Train tracks immediately north-west of the building render that exposure a bit less attractive. Views to south-east and east are on a quiet, treed residential neighbourhood and Kenway Park.

First MLS sales were reported in 2010. 209 sales were recorded since the conversion:

  2010 2011 2012 2013 2014 2015 2016 2017
Lofts sold 39 41 30 22 22 26 19 10
Avg. price $307,683 $358,349 $411,480 $365,149 $378,836 $382,785 $430,521 $543,989
Low price $215,500 $260,000 $241,000 $274,000 $253,000 $271,000 $260,000 $413,000
High price $638,000 $650,000 $718,000 $675,000 $563,000 $706,000 $587,000 $801,000

The average sale to list price ratio since the beginning of 2017 was 110%. That ratio ranged between 99% and 128%.

Hard lofts feature high concrete ceilings, concrete columns and large windows

If you are interested in this building, please e-mail Marisha

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Forest Hill Real Estate Inc., Brokerage
416-755-0123

Home and Loft Ideas  |  Toronto Resources

Marisha Robinsky, REALTOR
1119 O'Connor Drive
Toronto ON M4B 2T5

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