Lofts For Sale in Corktown

About Corktown's Lofts For Sale

Welcome to Corktown, a neighbourhood in the city of Toronto with 5 Loft buildings with condos for sale. The average sale price for Loft condo units in Corktown in 2020 was $2,422 with an average of 27 days on the market. There were 24 Loft condo units sold in Corktown last year. Corktown District 1 had the highest Dork Rating, 108, for a Loft condo building in Corktown in 2020.

Corktown's most active Loft condo building last year was Corktown District 2 with 17 units sold. The Loft condo building in Corktown with the highest average price per sqft last year was The Derby Lofts at $4 per sqft.

If you're looking for more Loft condo buildings in this area, the neighbourhoods Trefann Court and Regent Park are nearby. This neighbourhood is Very Walkable with a walk score of 85. a Rider's Paradise is available in Corktown. This neighbourhood is a Biker's Paradise with a bike score of 99.

About Corktown's Hard Lofts For Sale

An authentic hard Loft is a rare beast. Lofts in Toronto are in short supply due to the nature of their origin. In order to fit this category, a former industrial or commercial use space must be converted into a residential living space. Out of this formula, some common elements arise. Old, often exposed brick, visible mechanical elements of the building such as pipes and beams, large windows and vaulted ceilings. The latter is the element from which a Loft derives its name. A lofted ceiling that allows a living space to feel much larger than the square footage of the floor plan. Ceiling heights from 11 to16 ft are common. There are no rules regarding whether or not a Loft includes separate bedrooms. There may be no separation at all. Partition walls at less than ceiling height may be present or a second floor with partial walls or overlooks can be found. These are usually seen in units where the ceiling height is generous enough to allow room for a partial second floor. The conversion of these commercial buildings is one-offs. Often what makes them stand out are the singular elements associated with that particular building. Some will feature 100 yr old flooring, the wide beams and large nails that made up the factory floors of the day. Others may be touted for the uniqueness of the brick used to construct the building or the shape and style of the stonework. Window style will also be particular to each building, with original glass and frames, shape and size all contributing to the style of the Lofts in Toronto. Of special interest, will be the history of the building. The story that these conversions tell is almost as important as the design in conveying the style of the home. The original use, any subsequent commercial conversions and the date of the original construction, all contribute to setting the buildings apart. All of these factors naturally limit the height of the buildings, but not necessarily the amenities. There are hard Lofts that also include common areas, fitness rooms and shared rooftop spaces. Of particular interest are buildings that have been reclaimed from the public domain such as schools and churches. The other criteria that must be filled are the location. While this applies to every home and business, the trick with hard Lofts is there must be underutilized or vacant industrial space near to an urban centre. Simply converting a vacant factory in the middle of nowhere, doesn't have much appeal. Look for office, commercial and retail conversion as live workspaces to fill the gap in demand. It is also important to note the distinction between living spaces and those designated for mixed-use, as this adds volume to the available Hard Loft category. Those with dual zoning are sometimes listed as artists' spaces or live-work units. Both styles are more likely to be found in urban centres with high foot traffic. The price tag associated with these one-of-a-kind Lofts in Toronto is not often congruent with the artist's label they may receive. In some cities, this was born of the use of buildings that could house projects but were not necessarily converted to living spaces. In the past, inexpensive, unused industrial space was a great fit for artists. Necessities like plumbing and heat were ignored in favour of the affordability. City zoning and housing laws will play a large part in determining what's on offer for Hard Lofts today. Each city will determine what constitutes a space fit for living, and where inhabitants are allowed to offer commercial services from their residence.

About Corktown's Soft Lofts For Sale

Soft Lofts are new builds designed to offer the space and style of a hard Loft. The demand for hard Lofts far exceeds availability and the costs associated with these one-of-a-kind spaces, place them out of reach for many buyers. Here is where the soft Loft comes to life. Builders, eager to fill the demand for open-concept spaces, adopted the term Loftand applied it to units which outside of the conversion elements, fit the design and style criteria of a Loft. More commonly found in low and mid-rise buildings, upper floors in high rise buildings may also have units that have been given a soft Loft treatment. The popularity of the soft Loft is growing along with the demand for higher ceilings, open floor plans and unique design elements. Luckily supply is high since the units are created with new builds, there is no limit on how many can hit a given market. However, due to the low supply hard Lofts are more likely to retain their value over time and suffer less vulnerability to market shifts. Expect to find a wide range of styles. Many units will mimic hard Loft design features, while the external building may be represented in a more modern style. Many of the architectural components in a Hard Loft may differ and so too do the elements of a soft Loft. The expanse of options can make choosing a soft Loft more difficult, the lower prices will surely ease that burden. You'll find completely open concept units, partially walled bedrooms and open concept overlooks sleeping quarters. Large windows will be easy to find feature as they lower the construction costs for the building. Soft Lofts may also still include features such as exposed brick, polished concrete floors, wood beams and other industrial elements. One of the biggest bonuses of soft Lofts is its inclusion in building projects that compete for the best amenities. New build condos have to offer a wide and exciting range of amenities to attract potential buyers. Finding a soft Loft in a building that also has the concierge, party rooms, pools, full-scale gym and rooftop BBQs is not uncommon. They are also not restricted by an existing structure. A soft Loft can be built into any design or building, offering more options for style and layout. Developers will sometimes use the mixing of these elements. They design multiple building complexes, combining condo units, soft Lofts and townhomes into a single project.

Corktown Condos For Sale

Viewed as one of Toronto's condo hot spots, Corktown, has a total of 13 condo buildings. There is a perfect fusion of modern high-rise condos and hip lofts, there are 3 High-Rise, 4 Pre-Construction, 4 Mid-Rise, 6 Low-Rise, 5 Loft and 1 Luxury in Corktown. There are great options of condos for sale in Corktown to call home. Condos for sale in Corktown are on the market for an average of 16 days. Corktown had 135 condos sold within it in 2020, an increase of 309% compared to the year before. Last year condos for sale in Corktown had an average sale price of $$727,400, an decrease of -15% from the year before. This neighbourhood is a Biker's Paradise with a bike score of 99. a Rider's Paradise is available in Corktown. Corktown is Very Walkable with a walk score of 85. West Don Lands and Canary District are nearby neighbourhoods.

If you are looking for coffee Tandem Coffee is in Corktown. Locals of Corktown love dining at Morning Glory Cafe. Corktown offers a lifestyle full of green space for outdoor lovers, parks include Sackville Playground, Percy Park, and Bright Street Playground. You can find pharmacies HealthShield Pharmacy and Shoppers Drug Mart within walking distance. Corktown Residents and Business Association (CRBA) is a shopping center in Corktown that has something for everyone. Corktown has many local events taking place with botte Gallery, John A. Libby Fine Art and Preservation House catering to the arts scene. If you're a health and fitness fanatic, hopefully you are living in a condo building with a great gym. If not YOGAthletix is a super popular fitness center with locals. Take your pets to Bay Cat and Dog Hospital. The local schools in Corktown is St Paul Catholic School. There are many students in this neighbourhood as REDA Sales University is located within it.

What to Expect

Corktown is an affordable downtown location and it’s rapidly filling up with young professionals. It’s proximity to the downtown core, easy transportation and new builds make it a very attractive neighborhood in transition. This also makes a great location for students attending George Brown College. The school is within walking distance or easily accessed on the TTC. That same King st car or the 501 Queen car, will get you all the way through downtown and  both connect to the subway. Take a short walk west and you’ll find yourself at to the world famous St. Lawrence market. Or, you could take a short walk east and land at one of the best new parks in the city the Corktown Common. There is a growing section of street level shopping on Queen and the area is poised to feature more local shops and services.

Demographics

Corktown is an area on the rise. A shift between 2001 and 2011 saw a 77% increase in population. Most people are of working age with the greatest representation in the 24 to 39 yr old range. While it is a largely English speaking neighborhood, you’ll also find a fair number of Spanish speaking residents. The majority of people are single and living in high rise apartments. Seniors in the area mostly live alone and although there are not a lot family units, there a number of single, working parent homes. The average household income is around $53,000.

Lifestyle

"The influx of residents is easy to understand when you see everything that Corktown has to offer. Transportation Is a huge plus in the neighborhood. With the streetcar on Queen and King there are two quick, direct routes into the core. This community has access to the John Innes Recreation Centre on Sherbourne, which has craft rooms, a gym, a swimming pool and a dance studio. If you prefer to stay fit and healthy by participating in Canada’s favourite pastime,  the is the Hockey arena at Moss Park. By far though the most impressive park is at Corktown Common located at Bayview and Front st. Tucked into the natural setting you’ll find a splashpad and playground, a boardwalk and walking trails, green space, wetlands and plenty of spots to sit and watch the people and wildlife. If you’re not up for the walk, there is also a green space and playground at Sackville.

What you'll love

The Chefs school at George Brown. Get a great deal of meals and snacks made by the city’s chefs in training. Or, take a class and learn how to cook fine cuisine at home. And, if you do prefer to do your own cooking there is no better place than the St. Lawrence Market just outside of the neighborhood but well within walking distance. Find fresh butchers and seafood vendors, track down exotic ingredients or have one of Toronto's famous peameal sandwiches. Downtown location without the pricetag. You’ll feel like you’ve gotten away with a deal, it’s so easy to get into the downtown core from Corktown.