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    The Loretto

    385 Brunswick Avenue

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    5
    Number of Units:
    50
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    594 - 4,500 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Loretto

    Amenities

    Security System
    Party Room
    Concierge
    Gym Room
    Rooftop Deck
    BBQ

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 385 Brunswick AvenueThe Loretto

    Yes, the lofts at the Loretto are as regal as their name implies. Even just a glimpse at the majestic façade is likely to cause a passerby to stop and stare. It’s no wonder, then, that not one, but three well-respected designers were building this building’s renovation.

    In 2007, Context Developments, Architects Alliance, and Quadrangle Architects all teamed up to convert a former school at 385 Brunswick Avenue in The Annex into hard lofts fit for posh, modern-day residents.

    What’s more, the conversion process was a high-stakes one, since the building was given a heritage status designation in 2001 for its exemplary showcase of early 20th Century Scholastic and Beaux-Arts architectural styles. Detailed masonry, cornices, and bay windows are among some of the rare details that set it apart from other hard lofts in the city.

    As a result, what was originally used to house the Loretto Abbey Day School is today home to 50 spectacular Toronto lofts. Now over a century old, the 1915-built structure provides charm and character. Even the original front doors remain, now ushering residents in through the very ones that students first once walked through each school day. Even the courtyard that students previously enjoyed during recess has been cleverly repurposed into a courtyard for residents to gather in.

    While they may have made decisions based on the building’s heritage designation, the developers behind the Loretto certainly didn’t compromise when it came to the common amenities. Residents living at 385 Brunswick can enjoy the gym, party room, and meeting room, all of which are located above the parking garage.

    The Suites

    Thanks to the spacious square footage of these Toronto condos for sale, certain residents won’t need to book the party room all that often. Even the smallest 600 square foot homes are sizeable enough for a cozy dinner party. The largest of units, however, span a remarkable 5,600 square feet, making the options for entertaining pretty much endless. Layouts include one bedroom, two, or three plus a den, while 13 of the more spacious units are laid out like townhouses.

    Private outdoor spaces are granted to residents of any of the 50 units at 385 Brunswick, although whether these are technically balconies or terraces may vary. One impressive unit even features two terraces, each of which spans nearly 1,000 square feet — which blows away the outdoor living space provided by most downtown Toronto condos.

    Where style is concerned, the homes at 385 Brunswick embrace a careful blend of character and contemporariness. Ceiling heights reach to 10 feet tall, while modern hardwood flooring and updated appliances are aplenty.

    The Neighbourhood

    As if the neighbourhood was built just for these lofts, the Annex embraces a perfect combination of old and new. Brunswick Avenue and the surrounding residential streets are lined with charming Victorian and Edwardian-style homes. Bloor Street West, on the other hand, is host to an array of affordable shops and restaurants, providing residents with everything they might need.

    A sizeable Metro and Shoppers Drug Mart, across the street from one another, can be found where Bloor meets Walmer Street. Entertainment is also abundant on Bloor, from the Hot Docs Ted Rogers Cinema to the Bata Shoe Museum and the Royal Ontario Museum. Independent live theatre can be found at the Annex Theatre or the Randolph, both on Bathurst Street, and at the Tarragon, which is just north of Dupont.

    Neighbouring areas also provide plenty of options for residents of the Loretto lofts. To the west, Korea Town offers tasty feasts and quirky shops to its visitors. Just beyond this, residents will find Christie Pits Park, one of Toronto’s favourite green spaces that happens to be equipped with a baseball diamond, an outdoor swimming pool, a skating rink, and even a wood-fire pizza oven.

    Transportation

    Those making use of the parking at the Loretto will enjoy their close proximity to Bloor and Dupont Streets, both of which are ideal options for east-west travel. Alternatively, nearby arterial roads heading north and south include Bathurst Street or Spadina Avenue. Highways can also be reached in no time, such as the 427 to the west, the Don Valley Parkway to the east, and the 401 to the north.

    Even residents without cars of their own are well situated: the lofts at 385 Brunswick are surrounded by not one, not two, but three subway stations. Bathurst, Dupont, and St. George stations are all less than a 10-minute walk away.

    And those looking for a real getaway are in luck as well. When using public transit, Pearson International Airport is less than an hour away, while Billy Bishop Toronto City Airport can be reached in half that time.

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    Nearby Amenities

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    20,953
    Average Individual Income
    $62,367
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $108,963
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    38%
    High Rise Apartment
    29%
    Semi Detached
    21%
    Low Rise Apartment
    5%
    Duplex
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    10%
    Cantonese
    9%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    38%
    High School
    25%
    College
    15%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at The Loretto spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 40 condos in The Annex area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Loretto offers the
    ?
    best value out of 40 condos in neighbourhood

    Appreciation Rank

    The Loretto has the
    ?
    highest ROI out of 40 condos in neighbourhood

    Rental Yield

    The Loretto yields the
    ?
    highest rent prices out of 40 condos in neighbourhood

    High Demand

    The Loretto is the
    ?
    most popular building out of 40 condos in neighbourhood

    Transaction Insights at 385 Brunswick Avenue

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo DataNo DataNo DataNo Data$4,225,000
    Avg. Cost Per SqftNo DataNo DataNo DataNo DataNo Data$1,575
    Avg. Wait for Unit Availability935 DaysNo DataNo DataNo Data403 Days649 Days
    Ratio of Units in Building24%3%36%9%15%15%

    Maintenance Fees

    The Loretto vs The Annex Area

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