390 Cherry St. This loft at The Gooderham  is located in  Downtown, Toronto - image #1 of 8 by Strata.ca
    390 Cherry St. This loft at The Gooderham  is located in  Downtown, Toronto - image #2 of 8 by Strata.ca
    390 Cherry St. This loft at The Gooderham  is located in  Downtown, Toronto - image #3 of 8 by Strata.ca
    390 Cherry St. This loft at The Gooderham  is located in  Downtown, Toronto - image #4 of 8 by Strata.ca
    390 Cherry St. This loft at The Gooderham  is located in  Downtown, Toronto - image #5 of 8 by Strata.ca

    390 Cherry St

    The Gooderham
    9for Sale
    3for Rent
    CityScape Development Corp.
    Condo Completion
    Property Management
    Crossbridge Condominium Services Ltd.
    Property Type
    Soft Loft
    Unit Size Range
    400 - 1608 SQFT
    Number of Units
    Number of Storeys
    CONDO Demand
    Unit Availability

    About this loft

    Some people are hesitant about change: they eat what they’ve eaten since childhood, they visit the same restaurants all their lives, and they are certainly opposed to the modernization of their beloved cities. Those people will probably dislike the Gooderham Condos.

    As for the rest of us — those who embrace the new with open (or even critical) arms — the condos at 390 Cherry Street are completely alluring. This 36-storey, 2014-built tower is a modern edifice set amongst some of Toronto’s longest standing architecture.

    Don’t get us wrong, the brick podium ensures that the building doesn’t overwhelm the cobblestone streets of the Distillery District. Look up, however, and it’s clear that the elegant glass construction is a contemporary masterpiece.

    CityScape Development Corp. specializes in restoring and converting historic buildings, and has even won awards for their work in the Distillery, which points to why they would put an added amount of care into the Gooderham Condos. The condos are even named after the area’s originator, Gooderham and Worts.

    The Distillery District may be known for its heritage, however it is also a posh destination filled with impressive bars, restaurants, galleries and boutiques. The amenities at 390 Cherry Street allow residents to continue the lavish experience in the comfort of their own building. The Gooderham Condos comes complete with a concierge, visitor parking and guests suites, a gym, spa, sauna, outdoor pool and hot tub, a yoga studio, rooftop terrace with barbecues, and cinema, as well as a party room and games room.

    The Suites

    A walk through the lobby at 390 Cherry Street will remind residents and their guests of the area’s boozy heritage, thanks to the recycled barrels that now serve merely as decoration. Upstairs, however, the homes are totally 21st century.

    Sleek concrete pillars and hardwood flooring set the tone, combined in a pleasing juxtaposition of raw and polished materials. Floor-to-ceiling windows allow natural sunlight to highlight these elements, while brightening the remainder of the open concept homes at the same time. Corner units are especially dramatic, with window-clad walls offering panoramic vistas and maximum radiance.

    Between the 328 downtown Toronto condos in the building, the homes vary considerably in size. Cozier units start at around 500 square feet, with more extravagant units reaching to approximately 1,500 square feet.

    Size aside, all of the homes at 390 Cherry Street are outfitted with sleek kitchens and bathrooms. Wraparound balconies should come as no surprise, as passersby will notice them from outside. What they might not realize, however, is that certain Distillery District condos for sale in The Gooderham building boast exquisite 1,000 square foot terraces.

    The Neighbourhood

    If the description of the building at 390 Cherry Street wasn’t convincing enough, that’s quite alright. Many prospective buyers are sold the second they hear ‘Distillery District’ anyways. This 13-acre historic site is home to the largest collection of preserved Victorian industrial architecture in North America, and a walk through the cobblestone streets really does feel like taking a walk back in time.

    That is, until one pops into any one of the art galleries, boutiques or restaurants that now inhabit the area. Once the largest distillery in the world, the neighbourhood is now one of Toronto’s most distinctive destinations. Plus, since movies are constantly shot here because of its unique appearance, celebrity sightings aren’t all that hard to come by.

    Now we also understand the need to explore the city from time to time, and thankfully the area surrounding the Gooderham Condos also has much to offer. St. Lawrence — with its infamous market — as well as beaches and parks in the Port Lands, and Queen Street East are all waiting to be explored by future residents of 390 Cherry Street.


    Even though it can sometimes feel like a world apart, the Distillery District is centrally located, making traveling around the city a piece of cake. Union station is about 2 kilometers away, and can be reached in around 20 minutes via the 121 Fort-York Esplanade bus or the 514 Cherry streetcar.

    From Union Station, riding around the city is as simple as hopping on a subway train heading north along the Yonge-University-Spadina line. Streetcar routes on King Street will also come in handy for those traveling east and west.

    Drivers living at the Gooderham Condos can hop over to the Don Valley Parkway or the Gardiner Expressway in mere minutes. Using either of these two highways makes reaching any corner of the city painless, while both can be used to exit Toronto altogether as well.


    Listings For Sale

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    Listings For Rent

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    Property Highlights

    Rec Room
    Visitor Parking
    Media Room
    Party Room
    Outdoor Pool
    Rooftop Deck
    Gym Room
    Guest Suites

    Listing History for The Gooderham

    Nearby Amenities

    Stats, Trends & Rankings


    The Gooderham vs The Distillery District Area
    The Gooderham 's Avg
    $1,136 SQFT
    Neighbourhood Avg
    $998 SQFT

    Building Trends At The Gooderham

    Days on Strata

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

    List vs Selling Price

    On average, these lofts sell for
    the list price.

    Offer Competition

    Lofts in this building have an
    chance of receiving
    Multiple Offers

    Turnover of Units

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

    Property Value

    Decrease in property value within the past twelve months

    Price Ranking

    Highest price per SQFT out of 8 condos in the Distillery District area

    Sold Units

    Units were Sold over the past twelve months

    Rented Units

    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    1 Bed479 - 549 SQFT
    Average Cost Per Sqft$1,074
    Sales Price Range$589,900 - $589,900
    Rental Price Range$2,300 - $2,700
    1 Bed + Den504 - 813 SQFT
    Average Cost Per Sqft$1,154
    Sales Price Range$600,000 - $775,000
    Rental Price Range$2,500 - $3,000
    2 Bed754 - 1199 SQFT
    Average Cost Per Sqft$1,250
    Sales Price Range$1,797,000 - $1,797,000
    Rental Price Range$3,298 - $4,250
    2 Bed + Den822 - 867 SQFT
    Average Cost Per Sqft$1,161
    Sales Price Range$900,000 - $1,075,000
    Rental Price Range$3,400 - $3,400
    3 Bed1527 - 1527 SQFT
    Average Cost Per SqftNo Data
    Sales Price RangeNo Data
    Rental Price Range$4,700 - $4,700

    How Often Are Units Listed?

    1 Bed400 - 1070 SQFT
    Average Sales Availability
    Average Rental Availability
    Ratio of Unit Type in Building27%
    1 Bed + Den504 - 813 SQFT
    Average Sales Availability
    Average Rental Availability
    Ratio of Unit Type in Building24%
    2 Bed621 - 1342 SQFT
    Average Sales Availability
    Average Rental Availability
    Ratio of Unit Type in Building35%
    2 Bed + Den819 - 1312 SQFT
    Average Sales Availability
    Average Rental Availability
    Ratio of Unit Type in Building14%
    3 Bed1500 - 1527 SQFT
    Average Sales Availability
    Average Rental Availability
    Ratio of Unit Type in Building2%

    Maintenance Fees

    The Gooderham vs The Distillery District Area
    The Gooderham 's Avg
    monthly maintenance fee
    $1.02 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.84 / SQFT

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