Interesting Commercial Properties for Sale in Weston.

According to Toronto’s chief planner Jennifer Keesmaat, there may be a movement of commercial offices to the downtown core and that this is coming at the cost of the suburbs. One can only assume that the long commute times are responsible for this trend.

“Previously thriving suburban office parks are now experiencing double digit vacancy rates and declining rents, as employers flock downtown.”

Looking at commercial properties for sale in Weston, there is currently only one office property on offer:

2000 Jane Street: Asking Price $3,295,000
2000 Jane Street: Asking Price $3,295,000. This is a large property on about an acre of land by the Highway 400 ramps and the new hospital.

When it comes to retail stores however, there is no shortage of properties for sale, some of them very well known to Westonians.

2387 Weston Road: $599,000
2387 Weston Road: $599,000. This property A.K.A. ‘Artcube’ is near the Weston Plank Road building in a busy spot near Weston Road and St Phillips. It has served as an art store and taxidermists in recent incarnations.
1982-1986 Weston Road & 1 Little Avenue: $1,199,000. This comprises several properties and includes the former Chelli shoe store, the pizza restaurant next door and the barber shop on Little Avenue. There is a two bedroom apartment on the upper level.
1676 Jane Street: $2,499,000
1676 Jane Street: $2,499,000. This is a parcel of five properties fronting on Jane and Ellis Avenue. It has been approved for redevelopment.
1744 Jane Street: $759,800
1744 Jane Street: $759,800. This property comprises two retail units with an upstairs apartment.
1542 Jane Street: $249,900
1542 Jane Street: $249,900. This modern Subway outlet at Jane and Denison has 1100 square feet of floor space.
18 - 2007 Lawrence Avenue W: $249,900
18 – 2007 Lawrence Avenue W: $249,900 Near the Weston Station Tim Hortons, formerly the Brotherhood of Christ Healing Temple Ministry, this property has been reduced from $299,000.
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#2-213 Lawrence Avenue W:  $259,900 Also near the Weston Station Timmies.
1650 Weston Road: $689,000
1650 Weston Road: $689,000. Currently operating as a convenience store, there is a three-bedroom apartment upstairs.
1746 Weston Road: $1,899,000
1746 Weston Road: $1,899,000. This property currently hosting a seafood store at Weston and Wilby is across the street from the new GO station. Wilby was the site of an affordable condo project that failed to get off the ground a couple of years ago.
1705 Weston Road: $4,650,000
1705 Weston Road: $4,650,000. This grouping of three properties is next to the Weston GO station and are being sold ‘as is’.
2464 Weston Road: $989,000
2464 Weston Road: $989,000. This property comprises two units of differing sizes with a total of 3200 square feet of floor space.

All images from Realtor.ca

Landlords mapped

The City of Toronto gathers and publishes data when officers attend and verify that a by-law infraction has occurred in an apartment building.¹

Now, I present to you the fruit of a sleepless night: the first-ever map of building infractions in Weston and Mount Dennis, using that data.²

Every landlord on Jane and Weston who received a visit from the Municipal Licensing and Standards is on the list. The majority of buildings receive only one or two visits in a year.

The infractions range from the minor (fallen branches) to the severe (unsafe conditions). Which infractions apply to which building is somewhat difficult to determine, though I’m working on it. (Any Excel masters want to pitch in?)

Buildings with 1–2 visits received a star. 3–6 visits are coded green. 7–12 visits are coded yellow, and 13–24 are pinkish. More than 24 are coded with a caution sign.

There are at least four good reasons to be careful before saying that more visits is worse:

  1. First, a large building will get more visits
  2. The severity of the infractions is not coded (and I’d worry more about, say, a hole in the roof than junk on the lot).
  3. Buildings change and improve. Landlords fix problems.
  4. It’s possible‚ even likely, that the data or I am in error

Still, the buildings with a caution sign received more visits than 97.5% of the rest of the community, for one reason or another.

 


¹ The city is amazing at open data, at least compared to the province and the feds, which really pale in comparison.

² I was inspired by Landlordwatch, who are working on a similar project. They, however, are rather political, and their data has a few flaws.

Plans for Christian Bros

Frances Nunziata had a meeting tonight to discuss the future of the Christian Brothers warehouse site at 30–46 Rosemount. In her flyer, Nunziata says that the new owners, the Varone Group, are asking to develop office and retail space, as well as a daycare.

The last institutional daycare in Weston closed in 2013.

Your correspondent was not able to attend (bedtime), but I would love to hear news from the meeting.

Weston home prices leap 27%

Townhouse under construction on the old Beer Store site on Weston Road.
Townhomes under construction on the old Beer Store site on Weston Road. Units were priced from $399,900 and are all sold out.

According to an article in the Globe and Mail, between the December quarters of 2014 and 2015, Toronto home prices increased by 9.04%. During that same period, the price of homes sold in the Weston M9N postal code jumped from an average of $367,045 in the quarter ending December 2014 to $464,958, a startling increase of 26.7%. The M6M code to the west which includes part of Mount Dennis has done even better with an average increase of 33.2%.

What does this mean? Weston and Mount Dennis are among the last few relatively affordable areas left in Toronto. Compared to the rest of the city, prices are low and people are desperate to get into the housing market. Homes are being snapped up before they become out of reach.

News from Mount Dennis

The Mount Dennis newsletter has a lot of great stuff, including, bestill my heart, a disputation on bicycles. The MDCA is asking the city staff to build a “Railpath North” from downtown through the Junction to Mount Dennis, among other things.

The Railpath, if you haven’t had the pleasure, is a bike highway that along the tracks in the downtown west end. It’s fantastic. Extending it would be an enormous benefit to us. Right now, getting to the west end safely is impossible; to ride on Jane is to hate life. Yet,

A dedicated rail‐side multi‐use path [could] be built from Ray Ave. to Rogers Road. This will allow cyclists to avoid the hill as well as the dangerous Weston / Black Creek intersection…  With some creative engineering, it could connect through the Junction to the existing Railpath.

 

The MDCA says they have also got an agreement from Metrolinx that the new bridge over Eglinton will “safely accommodate both cyclists and pedestrians…with full separation from the busy bus‐way”

But why stop there? Weston and Mount Dennis are bike barren, and they needn’t be. York, where I work, is almost an easy bike commute, and our neighbourhood is an ideal community for employees: there’s an express bus to campus (where parking is a fortune) and we nearly have the infrastructure in place; all it would take is a safe route along Wilson—which, according to the city’s plans, we may get.

Tie it together with a safe route along Albion, and we are in business: a bike commuter’s paradise, with a short ride to Humber, York, the Junction and downtown.

Why not

Satin Finish developers to go to OMB

The Satin Finish Company owners are hoping to build 99 three-storey townhouses on the site. They were rebuffed in their initial—and, honestly, quite reasonable—request to change the zoning to allow residential development. They’re now taking their case to the Ontario Municipal Board.

The Satin Finish subdivision as proposed has problems:

  • It doesn’t have enough shared green space
  • It has only one playground
  • It’s poorly connected to the rest of the neighbourhood, with only one street entrance
  • There is little effort to preserve the beautiful buildings

That said, it’s hard to argue that these should remain employment lands; homes have already popped up all around them, and a new factory in their midst would be disruptive.