The Three Sixty, 360 Bloor St E: Ravine Pool Building at a Discount

The Three Sixty is the cheapest way I know into a ravine-side, full-amenity building on Bloor East. It is a 1982 tower of 162 suites with an indoor pool, a squash court, a rooftop garden and two-storey suites that look over the Rosedale Valley. It trades at a deep discount to the Bellagio a few doors west, and much of that discount is about age and condition, not location. I’m Jatin Dua, RE/MAX Quantum Realty.

The ravine at the back door

Like its neighbours on this side of Bloor East, The Three Sixty backs onto the Rosedale Valley ravine. North-facing suites look over trees and the valley toward Rosedale; south-facing suites look over Bloor and the city. That split matters more than floor height when you compare prices here.

The rooftop terrace and garden take the same view, so even owners on the Bloor side get the ravine when they go up. A recent listing for a two-storey suite described balconies on both levels facing north over the valley, which is the outlook this building is bought for.

Height is reported differently depending on the source: condos.ca and one brokerage profile say 16 storeys, while a City of Toronto planning report refers to a 17-storey building. Counting conventions for penthouse and mechanical levels vary, so confirm it if it matters to you.

Day to day, the location is hard to beat for the price. Yorkville and the Yonge and Bloor shops are a walk west, Sherbourne is to the east, and the ravine trails are behind the building. Transit, schools, parks and Walk Score are shown in the data panel on this page.

Two-storey suites and penthouse roof decks

The suite mix is more interesting than most 1980s towers. Alongside single-level suites, there are two-storey units with living space below and bedrooms above, and penthouses with their own roof decks. Sizes run from about 572 sq ft to about 2,211 sq ft.

The two-storey plans are the ones to look at closely. They give you a townhouse feel in a tower; a recent listing described a powder room on the main level and laundry upstairs. Plans like this rarely come up in newer buildings at this price.

Condition is the variable. Many suites have been updated with hardwood and stone counters, and some are still close to original; one current listing describes its suite as largely original. Price the renovation into your offer rather than assuming it.

A full 1980s amenity list

This building was built when midtown towers competed on amenities, and it shows. There is an indoor pool, a sauna, a steam room, a hot tub, a squash court, an exercise room, a party room, a library and billiards room, an indoor car wash, bike storage and a rooftop terrace and garden, plus a concierge and security.

A brokerage profile mentions a newly designed lobby and entrance, which is a good sign that the board is investing in the common areas. Ask when that was done and how it was paid for.

A pool, a squash court and a steam room in a 162-suite building is a lot of equipment for a small number of owners to fund. That is the trade-off: you get amenities few buildings this size have, and you share the cost of keeping them running.

What the fee covers

The fee includes parking, water, building insurance and common elements. Heat and hydro are not listed, so budget for them separately; ask the seller for a year of utility bills, especially on a large two-storey or penthouse suite.

The four suites listed for sale when I checked carried fees of roughly $1,030 to $1,515 a month. For a full-amenity ravine building that is not out of line, but compare it with the Bellagio, whose fee includes hydro and heat, on an all-in basis before you decide.

The pool, squash court and car wash all sit in that fee too. Ask how much of the annual budget goes to running them and what the reserve fund study allows for replacing pool equipment and resurfacing. In a building of this age, that line tends to grow, and you want to know whether the board has planned for it.

Ask as well whether the parking space and locker are owned units or exclusive-use common elements, since that affects how they transfer and whether you can buy or sell a second space.

The Bloor East discount

Condos.ca reports a building average of about $578 per square foot. On the same stretch of Bloor East, Rosedale Glen at 278 averages about $774, the Bellagio at 300 about $866 and the Rosedale Ravine Residences at 388 about $604. The Three Sixty is the lowest of the group.

When I checked, four suites were listed, asking from about $650,000 to about $889,000 for two-bedrooms. For a ravine-side building with a pool a short walk from Yonge and Bloor, that is a low entry point. Four listings at once also means buyers have choice, so there is room to negotiate on suites that need work, and you should be ready to walk away from one that is priced as if it were renovated.

Some of the discount is the building’s age, and some is the share of suites still in original condition. A renovated north-facing suite should not trade at the building average, and an original one should trade below it. Ask me for the building sold report for the recorded sales.

Building specifications

Amenities at The Three Sixty

This is one of the fuller amenity packages on Bloor East, with a pool and a squash court that most newer buildings would not include. The rooftop garden over the ravine is the one most owners use, and it gives south-facing suites the view they otherwise miss.

Jatin’s honest take on The Three Sixty

The Three Sixty — 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.