Lofts For Sale in Regent Park

About Regent Park's Lofts For Sale

A great neighbourhood in Toronto, you will find 1 Loft condo buildings within Regent Park with condos for sale. Last year, 4 Loft condo units sold in Regent Park. Loft condo buildings in Regent Park had an average sale price of $2,212 in 2020 and spent an average of 31 days on market. The Loft condo building with the highest Dork Rating in Regent Park is Tannery Lofts with a rating of 1255 in 2020.

Tannery Lofts in Regent Park was the most active Loft condo building in 2020 with 4 units sold in Regent Park. The Loft condo building in Regent Park with the highest average price per sqft last year was Tannery Lofts at $3 per sqft.

If you're looking for more Loft condo buildings in this area, the neighbourhoods Trefann Court and Corktown are nearby. Regent Park is Very Walkable with a walk score of 81. This neighbourhood is Very Bikeable with a bike score of 75. a Rider's Paradise is available in Regent Park.

About Regent Park'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 Regent Park'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.

Regent Park Condos For Sale

Living in Regent Park gives you access to everything Toronto has to offer. With a total of 15 condo buildings, everything your heart desires is available. Regent Park is a perfect fusion of modern and hip condos, there are 11 High-Rise, 5 Pre-Construction, 1 Loft and 4 Mid-Rise. The condos for sale in Regent Park include great amenities. The average days on market for condos for sale in Regent Park is 18 days. Regent Park had 299 condos sold within it in 2020, an increase of 498% compared to the year before. Condos for sale in Regent Park had an average sale price of $$616,801 last year, an increase of 6% from the prior year. This neighbourhood is Very Walkable with a walk score of 81. a Rider's Paradise is available in Regent Park. This neighbourhood is Very Bikeable with a bike score of 75. Trefann Court and Corktown are nearby neighbourhoods.

Le Beau is a great bakery in Regent Park. If you are looking for coffee Show Love Cafe is in Regent Park. Locals recommend eating at Sultan of Samosas and Wendy's in Regent Park - they have great food! There is a surprising amount of green space with Regent Park and Regent Park Learning Centre in Regent Park. You can find the pharmacy HealthShield Pharmacy in Regent Park. The school in Regent Park is Nelson Mandela Park Public School.

What to Expect

Remove your old expectations and see what this dynamic neighborhood has to offer. The effort to overhaul this once overlooked and underfunded community has covered the better portion of two decades and is still ongoing. The idea was to take a community that was cut off from the rest of the city, give a facelift and internal makeover by integrating market value homes and public housing. So far the results are nothing short of amazing. The new grid layout of the streets has increased foot traffic and continuity with the city. The towers look beautiful are keeping with the new Toronto look of modern glass and concrete. With street level commercial space now available, businesses have begun moving into the area providing entrepreneurial opportunity, services and local jobs. It’s a family community, with excellent education programs and recreational facilities. And, with the integrated street design it has become clear that Regent Park's terrific location with excellent proximity to downtown and 24 hour streetcar ...

Demographics

While this area is still dominated by working age individuals, it has a much higher proportion of children and youth from infants to 24. There are far few seniors in this area. Most people are living in homes with a spouse and children, with some also housing senior members of the family. The change in design from low rise buildings to high rise towers means that most people now live in buildings over five stories. The density of the area has increased significantly but the same number of families who required housing benefits are still receiving them. There have been some temporary relocations during construction. It is expected that  by the end of the third phase revitalization that there will be an additional 60% market price dwellings in the area. It is a mostly English speaking neighborhood but there are also a significant portion of Bengali speakers as well as Tamil and Mandarin. The average household income in Regent Park currently rests at $43,000.

Lifestyle

It’s all new. This area is so exciting. There are significant changes happening everyday. Street life has been reborn with walkable street level shopping. The majority of this is still on Queen st. but the new facade of Dundas and the emerging side street businesses are taking off. You’ll be able to shop local and find a good mix of names you already trust. Major services are in place with banks pharmacy and national chain grocers available within walking distance. There are plenty of casual restaurants to choose from and Queen st in particular hosts many great choices for dining out. For families, there are two public schools Nelson Mandela Park and Lord Dufferin. And, one of the best new recreation facilities in Toronto, the newly redesigned Regent Park and the Regent Park Aquatic centre. The aquatic centre has it all, lap pools, leisure pools, a dviningboard, a tarzan rope and a waterslide. There are family times, swim lessons and aquafit. Outside in Regent Park there is green space, a community garden, a ...

What you'll love

Brand new everything. The buildings, the roads and sidewalks, the park, the businesses, all of it is brand new. With it’s modern design, the look and feel should remain the same for years to come. Realizing you’re minutes from downtown. Now that the area has been opened up, it's obvious that the streetcar will connect you to the subway in ten minutes. This area is very close to the core. Getting involved. Living in Regent Park makes you a part of the revitalization and community spirit is high.