Toronto lofts have become one of the most sought after properties in Toronto. Since there is a low inventory of lofts throughout the city in comparison to condos they retain their value more than your standard condo unit. They offer a spacious and bright living area. Many are 'hard' lofts, such as the Candy Factory Lofts, The Toy Factory Lofts and the Tip Top Lofts, which were originally factories or warehouses that have been converted into residential lofts.
Popular loft neighbourhoods in Toronto include King Street West and Queen Street, Liberty Village, The Distillery District and the St. Lawrence area. Each area offers it own unique amenties suited for a variety of lifestyles. The King Street West and Queen Street area is a trendy and hip area attracting buyers who are looking for stylish shops and the latest restaurants. Here you will find chic lofts surrounded by quaint parks, local cafes and contemporary theatres and art galleries in the heart of the city.
Liberty Village is known for its intimate and quiet neighbourhood offering beautifully restored lofts many being former factories and warehouses. This neighbourhood has trendy restaurants, transportation to boutique style shopping and a busy nightlife. It is a short streetcar ride to the Entertainment and Business districts of downtown Toronto or the serenity of High Park.
Within the Distillery District and St. Lawrence area, old industrial and heritage buildings remain and have been converted into lofts.The Distillery District is home to more than 40 heritage buildings and has been deemed a heritage site approximately covering 13 acres. It offers a pedestrian-only village with many unique artists and original boutiques. Also one of the areas focal points is the St. Lawrence Market. Showcasing many varied vendors, the market building located on Front street is open daily while the north building has a renowned Farmer's Market open each Saturday.
Loft living in Toronto can provide an excellent investment opportunity as well as a offering a array of amenities and cultural opportunites at your doorstep or within close proximity.