If Toronto is known for anything, it’s the incredible selection of condos and lofts. Old and classic, rustic and authentic, shiny and modern, entry-level to ultra-luxurious – there’s an option to appeal to almost everyone at every budget level.
One question popping up more and more often is, what is the difference between a condo and a loft, and what is the better fit for today’s savvy home buyer? Both offer a fantastic setting for community living, with a level of convenience detached homeowners can only dream about. For example:
Imagine the next winter storm that drops 15 cm of snow and ice across the city. There you will be, looking out your window, taking in the spectacular view of the city, warm and cozy without a care in the world – as everyone else is digging out their driveways.
Mowing the lawn or raking the leaves? Those are also someone else’s responsibility, thanks to the perks of living in a managed building. Condos and lofts both offer all of that and more, but that is where the similarities end. Today, we’ll do a deeper dive into the fascinating world of Toronto lofts.
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Toronto Lofts: An Overview
The key distinction between a condo and a loft in Toronto is in the original intent of the building. Right from the beginning, condos are designed and constructed with residential living in mind.
Lofts primarily began with commercial or industrial intent only to be converted into residential units later. As a result, the entire aesthetic and feel of a loft are completely different from a condo. Lofts typically feature high ceilings with exposed beams, bricks, and ductwork.
The layout is usually open-concept, large windows are common, and the vibe throughout feels very modern yet rustic at the same time. That said, we can’t generalize, because Toronto boasts different types of lofts, each with distinctive characteristics and appeal.
A loft might be the perfect way to downsize and enjoy a trendy, vibrant lifestyle. If that time is approaching, here’s another post you might love: Downsizing After Retirement: When is the Best Time to Sell?
Hard Lofts
The hard loft is precisely what we stated above. It’s a former factory or warehouse that now offers residential living space. The Candy Factory Lofts and the Argyle Lofts are among Toronto’s most famous examples.
Though highly desired, bonafide and true hard lofts can be rare to come by, as there are only so many former industrial buildings available. As a result, you can expect to pay more for the luxury.
Since high prices are already a hallmark of Toronto real estate, not every buyer wants or can afford to pay a premium. Plus, hard loft living isn’t for everyone. As undeniably unique as they are, some people just find that environment a little too cold and impersonal. If you prefer a home with a cozier feel, it may be time to explore some more of your options.
Soft Lofts
A soft loft is in a building designed to mimic a hard loft, but with one major difference. It was never really intended for industrial use, and was meant to be a residential living space all along. But wouldn’t that make it a regular condo? Sssshhh – we won’t tell if you don’t!
In all seriousness, soft lofts are often the more desirable option for many home buyers. Not only are they more available, but they can provide a warmer, more welcoming atmosphere.
Like hard lofts, they feature high ceilings and wide-open layouts. In addition, they may have those exposed beams and brickwork that loft enthusiasts appreciate, just with a softer aesthetic – hence the name. If you love the look and feel of a hard loft but prefer a slightly cozier environment, a soft loft could be the answer.
Church Conversions
Toronto is home to some fascinating and historic buildings, which is particularly notable in some of the church loft conversions. Gothic architecture, stained glass windows, and soaring ceiling heights might just be the answer to your prayers.
The only thing we can say with 100% certainty when it comes to church lofts is that there is no one-size-fits-all. Each building has its own character and style, from modern-style houses of worship bathed in light to Victorian era architecture that takes you back in time.
Did you know that the Kim Kehoe Team offers specialized services to buyers? Learn more about how we can help you find your ideal dream home right here.
Roncesvalles: The Neighbourhood of the Loft
If there’s one place you can find breathtaking lofts, it’s Toronto’s Roncesvalles neighbourhood. As one of the trendiest areas in Toronto, this is hardly surprising. Look no further than the aptly named “The Roncy,” a collection of 90 units with both authentic hard lofts and modern soft lofts.
If soft lofts are your preference, take a look at “Roncesvalles Lofts,” a six-floor building with 37 units. Gorgeous floor-to-ceiling windows, engineered hardwood floors, a garden courtyard, and indoor lounge are just a few perks that go along with the territory.
The Feather Factory Lofts are constructed out of the old Toronto Feather and Down Company factory building, providing for a true, hard loft aesthetic and experience. With only 44 units, opportunities for this specific building may be few and far between. Fortunately, you’ve got our team to keep an eye out for opportunities all over Toronto’s West End, including in Roncesvalles.
You never know when a unit might pop up in the Robert Watson Lofts, a former candy factory, )not to be confused with The Candy Factory Lofts). Alternatively, we can keep tabs on the Columbus Lofts, Chambers Courtyard Lofts, or in one of the countless gorgeous buildings sprinkled all throughout the West End.
Somewhere in Toronto, there’s a loft with your name on it! When you’re ready to begin your search, our West Toronto Realtors® are here for you. Contact us today at 416-788-1823 or email kim@kimkehoe.com to learn more.
