$3,390/mo - 371 Wallace Avenue Unit 10, Bloor West Village
Condo for Rent in Bloor West Village
99 days on market- MLS Number
- W12869506
- Property Type
- Condo
- Status
- active
- Days on Site
- 99
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Locker
- Owned
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- STRATA REAL ESTATE
A warm and inviting place to call home at The Wallace Station Lofts-full of character, history, and charm. This spacious open-concept loft offers over 850 sq ft of living space, blending industrial style with comfortable living. With exposed brick walls and beams, soaring ceilings, a fireplace, and a cozy mezzanine bedroom, this unique space offers both comfort and personality. A charming wooden ladder provides access to additional bookshelf/storage, adding to the loft's distinctive character. With only a 15-minute walk from High Park, you can escape into nature while still being in the vibrant Junction Triangle community and in close proximity to West End neighbourhoods like Roncesvalles, known for their cafés, restaurants, and local shops. Exceptional location, with only an 8-minute walk to Dundas West subway station (Bloor-Danforth line) as well as the Bloor GO/UP station, giving you convenient access across the city. From here, you can reach Pearson International Airport by train in just 20 minutes. Heading downtown? A direct subway ride brings you to Union Station and Toronto's Financial District in 20 minutes. For drivers, the unit comes with a parking space and offers quick access to Highway 427, connecting easily to Highway 401 and beyond.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Bloor West Village / Swansea offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
371 Wallace Avenue Unit 10, Bloor West Village / Swansea
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $3,390/mo, this is asking above the typical 1-bedroom rent of ~$2,300/mo in Bloor West Village. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 99 days on site, this property has exceeded the typical selling timeline for Bloor West Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.