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    Imperial Lofts

    90 Sherbourne Street & 80 Sherbourne Street

    2for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    6
    Number of Units:
    65
    Condo Completion:
    1997
    Condo Demand:
    Medium
    Unit Size Range:
    778 - 2,700 SQFT
    Unit Availability:
    Low

    Listing History for Imperial Lofts

    Amenities

    Security System
    BBQ
    Rooftop Deck

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 90 Sherbourne StreetImperial Lofts

    The Imperial Lofts at 80-90 Sherbourne Street are like a love letter to Toronto’s industrial past. The way in which the building has been maintained, its vintage ambiance, century-old character, and updated living spaces, make up a romanticized version of how all authentic hard loft conversions should go.

    Surprisingly enough, the renovation process that turned 80-90 Sherbourne into 65 Toronto lofts was amongst the first in the city. Converted in 1998, these homes existed before the bulk of Toronto’s lofts offered any real guidelines — or projects to beat. Perhaps the structure itself just begged to be treated kindly: even in the 90s this building had stood for nearly 100 years.

    The Imperial Lofts consists of two adjoined structures at 80 and 90 Sherbourne Street. One such building is a 6-storey former warehouse, while its other half is a 3-storey art-deco office building circa the 1930s. The name for the lofts comes from the prior use of both buildings — Imperial Optical utilized both of these spaces for the bulk of the 20th century.

    Today, however, the building is high-tech as ever: both a Facebook page and website are used to keep residents updated on goings-on. Other than a shared rooftop terrace with barbecues, amenities at 80-90 Sherbourne are sparse. Instead, residents are encouraged to go out and explore the neighbourhood, with the funds to do so provided by lower maintenance fees than most.

    The Suites

    A tremendous amount of exposed red brick is scattered throughout the lofts at 80-90 Sherbourne. Together with paned warehouse windows and exposed concrete, the homes are given a classic loft appearance.

    The 65 units range from generously sized one bedrooms starting at 800 square feet, to sprawling 2 bedroom lofts reaching up to 1,700 — far larger than most condos for sale in downtown Toronto. The largest of units offer residents expansive master bedrooms, while others still maintain a sense of spaciousness.

    The roomy atmospheres at the Imperial lofts are provided by open concept layouts that are surrounded by oversized, arched windows. With tons of natural light pouring into these homes, industrial elements are also given a new life. The sun’s warm rays highlight authentic wooden columns and beams and exposed pipes and ductwork.

    And better yet, hardwood flooring and renovated kitchen and bathrooms provide modern residents with a touch of luxury. These, combined with ceiling heights that reach to 10 feet tall, allow the Imperial Lofts to live up to their grand name.

    The Neighbourhood

    The St. Lawrence Market neighbourhood around the Imperial Lofts is similarly historical. Even the St. Lawrence Market itself — the area’s namesake — dates back to 1803. For over 200 years vendors have been gathering at this very spot to sell their edible goods. In recent years, National Geographic has even named St. Lawrence Market one of the best food markets in the world.

    For those residents taking advantage of the pet-friendly policy at 80-90 Sherbourne, a number of great parks serve as go-to dog walking spots. The Esplanade, a few streets south, spans 5 city blocks. Another outdoor escape is St. James Park, where residents can even catch a concert or movie night during the summer.

    The Imperial Lofts are also nearby to the historic Distillery District, which features creative commercial enterprises within Victorian-era industrial structures. The area is a self-contained part of the city where visitors step back in time when strolling along its cobblestone streets. This area has become a go-to for tourists and locals alike in recent years, where one can spend a day or evening exploring its restaurants, galleries, theatres, and boutiques.

    Transportation

    Travel to and from the Imperial Lofts is never a hassle, with the building’s location in the heart of Toronto. Simply walking or cycling around the immediate area is a great way to familiarize oneself with the neighbourhood or spend a sunny afternoon. Those who work in the financial district are even able to work or ride their bikes to the office, with safe bike lanes along Richmond and Adelaide assisting in the commute.

    For those who take public transit, the lofts at 80-90 Sherbourne are directly between Queen and King Streets East, where streetcars transport passengers both east and west. Travelers can hop on one of these from a stop on Sherbourne, or walk to the subway at Yonge Street. From here, residents can catch trains moving in north and south directions.

    A single stop south from King Station is Union, where travelers can make their way out of the city. From here, residents can connect with VIA Rail or GO Transit, as well as the UP service to Pearson International Airport.

    2

    Listings For Sale

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    Listings For Rent

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

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

    Population
    52,892
    Average Individual Income
    $63,089
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $104,944
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    32%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    12%
    Cantonese
    11%
    Tamil
    3%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Education
    University and Above
    35%
    High School
    25%
    None
    16%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    19%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    8%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at Imperial Lofts spend an average of
    17
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    2.9
    YEARS before being sold again

    Property Value

    20%
    Increase in property value within the past twelve months

    Price Ranking

    19th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Imperial Lofts offers the
    ?
    best value out of 64 condos in the St. Lawrence neighbourhood

    Appreciation Rank

    Imperial Lofts has the
    ?
    highest ROI out of 64 condos in the St. Lawrence neighbourhood

    Rental Yield

    Imperial Lofts yields the
    ?
    highest rent prices out of 64 condos in the St. Lawrence neighbourhood

    High Demand

    Imperial Lofts is the
    ?
    most popular building out of 64 condos in the St. Lawrence neighbourhood

    Transaction Insights at 90 Sherbourne Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,050,000$966,000 - $1,015,000$1,200,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,202$983$953No DataNo DataNo Data
    Avg. Wait for Unit Availability198 Days208 Days185 DaysNo Data2621 DaysNo Data
    Ratio of Units in Building42%20%30%5%3%3%

    Maintenance Fees

    Imperial Lofts vs The St. Lawrence Area

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