PROPERTY PROFILE: FUNKY URBAN LOFT LIVING WITH SUNNY SOUTH VIEW IN TORONTO’S CITY CENTRE FOR JUST UNDER $1 MILLION

BY MARK KEAST

Those seeking a genuine industrial hard loft investment, Chicago-style grit, should take a look at this unique opportunity in the Merchandise Loft conversion project located steps from Ryerson University, two blocks from Dundas Square, Toronto Eaton Centre, with the Village just north.

The former Sears warehouse, over 100 years old, was converted 20 years ago, and is steeped in history and character, with amenities like 24-hour concierge and security, fitness and recreation facilities like gym, basketball court, indoor pool, patio area with BBQs, and a rooftop dog walk, with a grocery store, dentist, vet and dry cleaner on site. Speaking from direct experience, having lived there myself, the city views are lights out, and it’s the hip, downtown vibe that helps set the property apart.

Related: Luxury property profile: $13 million Bridle Path estate puts you next door to Drake

“The loft is architecturally significant, being one of the largest conversions in all of North America,” says Chris Bibby, sales representative for the property. “The soaring 12-foot ceiling and large factory windows gives the resident’s a very open, airy space to live and play in, promoting social circulation and allowing entertaining on any scale.”

Just the facts:

  • Living room, dining room, kitchen, two bedrooms, plus two washrooms
  • 1000-1199 square feet
  • Abundance of natural light
  • Polished concrete floors
  • Fridge, stove, microwave, dishwasher, washer + dryer, window coverings
  • Central air, parking included
  • Maintenance fee: $740
  • Taxes: $2,980
  • List price: $925,000