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    90 Sherbourne St. This loft at Imperial Lofts is located in  Downtown, Toronto - image #1 of 4 by Strata.ca
    90 Sherbourne St. This loft at Imperial Lofts is located in  Downtown, Toronto - image #2 of 4 by Strata.ca
    90 Sherbourne St. This loft at Imperial Lofts is located in  Downtown, Toronto - image #3 of 4 by Strata.ca

    90 Sherbourne St & 80 Sherbourne St

    Imperial Lofts
    4for Sale
    1for Rent
    Walkability
    10/10
    Transit
    10/10
    Bikeability
    8/10
    Developer
    Plaza
    Condo Completion
    1997
    Property Management
    Nadlan-Harris Property Management
    Property Type
    Hard Loft
    Unit Size Range
    778 - 2700 SQFT
    Number of Units
    65
    Number of Storeys
    6
    CONDO Demand
    high
    Unit Availability
    Low

    About this loft

    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.

    4

    Listings For Sale

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    1

    Listings For Rent

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    Property Highlights

    Amenities
    BBQ
    Security System
    Rooftop Deck

    Listing History for Imperial Lofts

    Nearby Amenities

    Demographics

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

    Population
    53,886
    Average Individual Income
    $54,652
    Average Household Size
    2 persons
    Average Age
    41
    Average Household Income
    $83,607
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    36%
    High Rise Apartment
    31%
    Semi Detached
    17%
    Low Rise Apartment
    7%
    Duplex
    6%
    Marital Status
    Commute
    Languages
    English
    35%
    Cantonese
    15%
    Mandarin
    15%
    Tamil
    4%
    Farsi
    3%
    Tagalog
    3%
    Arabic
    1%
    Other
    24%
    Education
    High School
    26%
    Apprenticeship
    3%
    University and Above
    32%
    College
    16%
    University Below Batchelor
    3%
    None
    17%
    Major Field of Study
    Personal, Protective & Transportation Services
    3%
    Health & Related Fields
    11%
    Humanities
    5%
    Architecture & Engineering
    19%
    Physical Sciences
    5%
    Social Sciences
    10%
    Math & Computer Sciences
    7%
    Education
    4%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%
    Business Management
    25%

    Stats, Trends & Rankings

    Price: 
     | 

    Imperial Lofts vs The St. Lawrence Area
    Imperial Lofts's Avg
    $867 SQFT
    Neighbourhood Avg
    $959 SQFT

    Building Trends At Imperial Lofts

    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
    2%
    below
    the 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
    3
    YEARS before being sold again

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    38th
    Highest price per SQFT out of 64 condos in the St. Lawrence area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Sales vs Rental Values For This Loft

    1 Bed1070 - 1070 SQFT
    Average Cost Per Sqft$700
    Sales Price Range$750,000 - $750,000
    Rental Price RangeNo Data
    1 Bed + Den1000 - 1400 SQFT
    Average Cost Per Sqft$890
    Sales Price Range$808,000 - $1,100,000
    Rental Price Range$2,975 - $4,300
    3 Bed2553 - 2553 SQFT
    Average Cost Per Sqft$881
    Sales Price Range$2,150,000 - $2,150,000
    Rental Price RangeNo Data

    How Often Are Units Listed?

    1 Bed778 - 1650 SQFT
    Average Sales Availability
    Every330Days
    Average Rental Availability
    Every132Days
    Ratio of Unit Type in Building35%
    1 Bed + Den839 - 1400 SQFT
    Average Sales Availability
    Every165Days
    Average Rental Availability
    Every298Days
    Ratio of Unit Type in Building27%
    2 Bed930 - 1400 SQFT
    Average Sales Availability
    Every167Days
    Average Rental Availability
    Every222Days
    Ratio of Unit Type in Building25%
    2 Bed + Den1100 - 1314 SQFT
    Average Sales Availability
    Every965Days
    Average Rental Availability
    Every345Days
    Ratio of Unit Type in Building10%
    3 Bed2553 - 2553 SQFT
    Average Sales Availability
    Every2621Days
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building3%
    3 Bed + Den
    Average Sales Availability
    No Data
    Average Rental Availability
    No Data
    Ratio of Unit Type in Building3%

    Maintenance Fees

    Imperial Lofts vs The St. Lawrence Area
    Imperial Lofts's Avg
    monthly maintenance fee
    $0.72 / SQFT
    Neighbourhood Avg
    monthly maintenance fee
    $0.86 / SQFT

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