Wonder Condos, 150 Logan Ave: Hard Lofts in the Old Leslieville Bakery

For more than a century, the corner of Logan and Eastern smelled like bread. Wonder Condos kept part of that old bakery and built a mid-rise condo around it, which gives buyers something rare in Leslieville: genuine hard lofts in a building finished in 2023. It is not a typical new condo, and that is both its appeal and the reason to read the paperwork carefully. I’m Jatin Dua, RE/MAX Quantum Realty.

A bread factory since 1887

Bread was baked on this site from 1887 until May 2014. It began as Brown’s Bread, became part of General Bakeries, and most locals knew it simply as the Weston bakery. The plant grew in stages through the 1920s and 1950s, and the name of the condo is a nod to the Wonder bread made there.

Graywood and Alterra bought the 1.5-acre site from the Weston family in 2016 and worked with the City’s heritage preservation staff on the design. Diamond Schmitt kept the central masonry of the nearly century-old section and built the new condo around and above it.

The plan also called for factory artifacts in the common areas and a history plaque in the lobby. Diamond Schmitt lists the project as a 2024 Brownie Award winner, an award for brownfield redevelopment, which fits a site that was industrial for well over a century.

Hard lofts, townhouses and everything in between

This is the building’s real point of difference. At launch, the developers described 286 suites across about 110 different plans: 24 hard lofts in the converted factory, five soft lofts, 16 townhouses, and conventional suites in the new building. Very few Toronto buildings mix that many formats under one roof.

The suite mix leaned large for a new building. The plan was about 60 per cent two-bedrooms, 30 per cent one-bedrooms and 10 per cent three-bedrooms, with an average size of about 781 square feet. Current data puts the range at roughly 516 to 1,687 square feet, and many suites were designed with large or wraparound terraces.

If you are buying a hard loft here, confirm which part of the building it is in. A loft inside the old factory walls will feel very different from a conventional suite in the new section, and the two should not be priced as if they were the same product. Ceiling heights vary by format and I have not found a published figure, so measure or ask.

Living in a heritage conversion

Buying into a building that wraps around old factory walls is different from buying a standard glass tower. The character is the reason to be here: exposed brick, steel, concrete and the proportions of an industrial building, which new construction rarely copies convincingly.

The practical side is that older masonry and newer structure age at different rates, and the junctions between them need attention over time. That is not a warning sign on its own, but it is why I want buyers here to read the reserve fund study more closely than they would in an all-new building.

The scale also helps. At around 285 suites on seven or eight floors, the building is big enough to fund concierge and a decent amenity set, but small enough to feel like a neighbourhood building rather than a 40-storey tower with a busy lobby.

The Logan and Eastern location

The building sits on Logan Avenue at Eastern Avenue, a short walk south of Queen Street East and the 501 streetcar. The Martin Goodman Trail along the lake is close to the south, and downtown is about three and a half kilometres west.

Leslieville’s shops and restaurants are on Queen, a few minutes north. Eastern Avenue has a quieter, more mixed character than Queen, and the ground floor of Wonder was planned for about 11,000 square feet of retail facing Eastern, with the developers saying they wanted destination tenants rather than convenience stores.

The wider area is changing quickly. At launch, the developers pointed to nearby former industrial lands expected to add about 50,000 jobs over 20 years, and to new transit planned for the area. That growth supports long-term demand here, but it also means more construction nearby for some time.

What Wonder Condos is asking, and what fees look like

At the time of writing there were three active sale listings and three for rent. Asking prices ran from about $650,000 to about $1.05 million. For a 2023 building in Leslieville with heritage character, that is a fairly narrow and reasonable band, but with only three listings it says more about the current mix than about the building as a whole.

Maintenance fees across those listings ran from roughly $450 to about $830 a month, averaging about $0.67 per square foot. That is low for a building with this much character and a full amenity set, and lower than many new downtown buildings. Condos.ca does not list what the fee includes, so confirm how heat, cooling and hydro are billed.

A low fee in a young building is worth a second look rather than a celebration. Heritage masonry, terraces and a two-level garage all carry long-term maintenance costs, so read the reserve fund study to see whether the current fee is funding them properly. For past sales in this and nearby buildings, see the data panel or ask for my building sold report.

Building specifications

Amenities at Wonder Condos

The plans placed the gym in the lower level among exposed concrete, steel beams and original brick, with a top-floor party room, kitchen and terrace, a co-working lounge and a family room. Bike storage for each suite and a repair area make sense in a building this close to the waterfront trail.

Jatin’s honest take on Wonder Condos

Wonder Condos — frequently asked questions

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