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Home of the Week, 468 Wellington St. W., Toronto. Asking price: $2.499-million. The red-brick building on Wellington Street was built in 1915 and for many years served as a workplace for Butterick Publishing Co. In 2001, the building was converted to 10 “hard” lofts with the industrial character that comes from large, arched windows, exposed brick and weathered wooden ceilings.

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“The quietly wealthy want this kind of space,” says agent Carol Austin. The third-floor unit at the rear of the building provides 4,535 square feet of living space with two bedrooms and three bathrooms.

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The elevator opens directly into the foyer. The 30-by-36-foot living room has large windows, a textured brick exterior wall and a double-sided fireplace with marble surround. The open space also accommodates a large dining room table.

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The 19-by-17-foot kitchen has a large island, Wolf range, marble countertops and a built-in aquarium.

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Throughout the unit, ceilings are 12 feet high and the walls have traditional panelling. The jatoba floors had been stained a deep brown but they’ve now been restored to their natural cherry hue. “I love hardwood floors,” says Mr. Sullivan. “Something about the wood is warm, inviting and almost artistic.”

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The current owner’s favourite haven is the theatre room at the rear of the unit. Many business confabs, elegant parties and casual gatherings have taken place there, says the executive. The room, with a view toward King Street, has a wet bar, home theatre system, drop-down screen and doors that open to a Juliette balcony. “It’s just a great, inviting space,” he says. “Speaking from a guy’s perspective, it’s the ultimate man cave.”

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The home office next to the living room could be used as a third bedroom, says Ms. Austin.

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The master suite has a luxury bathroom with free-standing tub, double shower and walk-in closet.

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