Bedford Mansion Lofts, 120 Bedford Rd: Four Suites in an 1897 Annex House

Bedford Mansion Lofts is about as far from a condo tower as you can get while still buying a condo. It is an 1897 Victorian house on Bedford Road, a short walk north of Bloor, converted in 2004 into just four suites. You get ten-foot ceilings, stained glass and a real fireplace, and you also get three neighbours who share every roof repair with you. I’m Jatin Dua, RE/MAX Quantum Realty.

An 1897 house, divided into four homes

The house at 120 Bedford Road was built in 1897 as a large Victorian family home, during the decades when the Annex was being filled with substantial brick houses for Toronto’s professional class. Post City describes it as a designated heritage property. In 2004 it was converted into four condominium suites by a numbered company, 2026184 Ontario, and registered as TSCC-1630.

Conversions like this are common in the Annex, but most become rental flats. Turning a house into four registered condo units means each owner holds title to a suite plus a share of the structure, the roof, the grounds and the parking. That is the key thing to understand before you go any further.

A naming note: the house next door at 118 Bedford Road is a separate condominium listed online as Bedford Mansion. Make sure the listing, the status certificate and the corporation number you are looking at all match 120 Bedford and TSCC-1630.

Ten-foot ceilings and original details

condos.ca puts suite sizes at about 1,250 to 1,349 square feet, so all four are generous, house-sized flats rather than lofts in the warehouse sense. Post City and STOREYS, writing about one ground-floor suite, describe 10-foot ceilings, a stained glass window in the entry foyer, a Victorian bay window with bevelled glass, hardwood floors and an antique fireplace.

Expect each suite to be different. A house conversion stacks units by floor, so one owner may have the garden, another the bay windows and another the top floor under the roof. Ceiling heights, window sizes and outdoor space change from level to level.

Renovation quality also varies by owner. At least one suite was extensively renovated in 2020 and 2021, according to STOREYS, while others may be closer to the 2004 conversion. Look at the age of the kitchen, the bathrooms, the electrical panel and the heating and cooling in the suite you are considering.

Parking, heating and what the fee leaves out

Parking on a Victorian Annex lot is always the hard part, and here it is unusually good. Post City describes a covered parking space and resident storage at the back of the lot, where a carriage house probably once stood. Confirm which suite has which space; with four units you cannot assume every suite has one.

The fee covers only common elements, building insurance and water. Heat is not on the list, so each suite likely has its own heating and pays for it, along with hydro. In a house with high ceilings and old masonry walls, ask the seller for a year of utility bills.

condos.ca lists pets as permitted, an elevator and a security system. An elevator is unusual in a converted Victorian house, so confirm it in person and ask what it costs to maintain; in a four-unit building that cost falls on very few people.

Bedford Road, just north of Bloor

Bedford Road runs north from Bloor Street West between Avenue Road and St George, and this end of it is one of the most walkable pockets in the city. Yorkville’s restaurants and galleries are a few minutes east, the Royal Ontario Museum and the University of Toronto are close by, and the Annex’s Bloor Street strip is to the west. The automatic panel on this page covers transit, schools and parks.

The street itself is tree-lined and residential, with Victorian and Edwardian houses on both sides. Being this close to Bloor means some through traffic and pedestrian activity, especially during university terms and museum events.

This is also a mature, settled block. The houses around you are a mix of single-family homes and older houses divided into flats or small condos like this one, and the street has kept its Victorian character. For buyers who want the Annex as it has looked for a century, that stability is part of the appeal.

Pricing a four-unit heritage conversion

condos.ca shows an average of about $816 per square foot here. With only four suites, that figure rests on very few sales, so treat it as a rough marker rather than a building average in the usual sense.

There were no suites listed for sale or rent at the time of writing, and resales here can be years apart. A suite at 120 Bedford has to be priced against other Annex and Yorkville house conversions, small boutique condos nearby and, for some buyers, a semi-detached house in the Annex.

When you compare, add back what the fee leaves out. Heat is paid separately here, so a higher fee in a building that includes heat is not necessarily more expensive. If you want to see what has traded here and in similar conversions, start with my building sold report.

Building specifications

Amenities at Bedford Mansion Lofts

There is no gym, concierge or party room here, and nobody buys at 120 Bedford for amenities. What you get is a covered parking space, storage and a security system, which on an Annex house lot is worth more than a lounge.

Jatin’s honest take on Bedford Mansion Lofts

Bedford Mansion Lofts — frequently asked questions

Looking at Yorkville, the Annex and Midtown more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.