If your property search is focused on finding a unique urban space in a dynamic neighbourhood that features all manner of desirable amenities and conveniences within an easy walk, quick access to downtown and area highways and proximity to the trails of the Don Valley and the shores of Lake Ontario, then you should definitely consider the Broadview Lofts.
The neighbourhood known as South Riverdale (once predominantly home to much of the city’s industrial fabric east of the Harbourfront along Eastern Avenue) for a period of time was considered an undesirable location.
But how things have changed! This once working class neighbourhood which housed the employees for these area factories and the rail yards which supplied them has evolved considerably since the 1980s when the area began attracting white collar professionals who valued the proximity to the financial core. In some of the former industrial areas large film studios have opened, including Cinevillage and Showline Studios. And just to the south, in the Port Lands area, the massive new Pinewood Toronto Studios have also been established. Along with industrial rejuvenation, the relative scarcity of freehold housing in Toronto has encouraged the adaptive reuse conversion of former factories in this area, as well as the intensification of former commercial and industrial lands into new condominium housing. Such is the case with both Broadview Avenue, where this listing is located, and Carlaw Avenue which has seen a dramatic transition from industrial life into hip cool lofts. Today the neighbourhood is unquestionably considered a desirable destination for young families just starting out, and busy professionals seeking great neighbourhood amenities with easy access to the downtown core.
And it makes sense, for the neighbourhoods of Riverside, South Riverdale and Leslieville – which share the commercial vibrancy of Queen Street East – with its burgeoning restaurants, shopping and café scene – are now catering to a new and growing populace. We’re in love with the likes of Mercury Expresso, Bobbette and Belle Bakery, Guff Furnature and Delicia kitchen to name only a few!
Welcome to 230 – 68 Broadview Ave Toronto – Broadview Lofts!
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Broadview Avenue was originally constructed in 1914 for the United Drug Company, which was owned by its founder, the American drugstore magnate Louis K. Liggett. In 1902, he persuaded 40 independent drug stores to invest $4,000 in a retailers’ cooperative called United Drug Stores, which sold products under the Rexall name. After World War I, the cooperative established a franchise arrangement, whereby independently owned retail outlets adopted the Rexall trade name and sold Rexall products. The company was based in Boston, but the Rexall name continues to be well recognized in communities large and small all across Canada, including Toronto. From 1920 through to 1943, L.K. Liggett Druggists ran a pharmacy and soda fountain on the ground floor of 68 Broadview. In 2006, the Sorbara Group added two floors in the process of converting the nearly century old building to residential lofts. Today, the Broadview Lofts offers its residents true authentic loft living, and the enjoyment of historic red brick, polished concrete floors, industrial-scale ceiling heights, and original post and beam style construction evident within each loft’s generous and open space plan.
Rare to market, Loft 230 offers around 1130 spacious square feet of well-planned loft living on two levels. Upon ascending the entryway stairs to the living area, large vintage style arched factory windows grace this sun-drenched space with light reflecting off polished concrete floors and accentuating the warm authenticity of the exposed brick and historic wooden post and beam construction. With 10.5 foot high original wooden grooved factory ceilings and a stunning pair of original industrial-era factory sliding doors which are still situated in the space, the open concept entertainment zone is an ideal spot for gathering with all those you hold dear or while enjoying your own quiet solitude. The luxe glass and slate spa bathroom will delight, as will the gourmet chef’s kitchen complete with high cabinets and black appliances. The ideally situated bedroom featuring two large factory windows is a perfect private sanctuary, and this loft comes complete with ensuite laundry, its own storage locker and – get this! – one highly desirable underground parking space! How fantastic is that?
Are you seeking loft living with a discernable sense of Toronto history in a dynamite location that’s an easy walk to all your needs? Offered for $649,900.00, this terrific space will become “home” for one very fortunate buyer! (Blog written by James Ormston)
To view this unit, please contact the listing agent:
Ben Fenlon – Sales Representative
Royal LePage Real Estate Services Ltd., Brokerage
416-301-0828 (cell direct)