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
pin_buy90 Sherbourne St & 80 Sherbourne St
0Listings for Salefor Sale
0Listings for Rentfor Rent
building_buyImperial Lofts
building_buyImperial Lofts
0Listings for Salefor Sale
0Listings for Rentfor Rent
Walkability
10/10
Transit
10/10
Bikeability
8/10
© OpenStreetMap
map of location
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

90 Sherbourne St, Toronto

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.

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Amenities

Amenities
BBQ
Security System
Rooftop Deck/Garden

Maintenance Fees Cover

Maintenance fees include:

Water

Owner/renter pays separately:

Hydro
Heat
Air Conditioning

Past Sold & Rented Listings

Stats, Trends & Rankings

Price: 
 | 

Imperial Lofts vs The St. Lawrence Area
Imperial Lofts's Avg
$887 SQFT
Neighbourhood Avg
$1,146 SQFT

Building Trends At Imperial Lofts

Days on Market

Units at Imperial Lofts spend an average of
16
Days on Market
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 an

AVERAGE
chance of receiving
Multiple Offers

Turnover of Units

On average, each unit is owned for
2.8
YEARS before being sold again

Property Value

11%
Increase in property value within the past twelve months

Price Ranking

46th
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

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

Return on Investment

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

Sales vs Rental Values For This Loft

1 Bed + Den1100 - 1200 SQFT
Average Cost Per Sqft$771
Sales Price Range$808,000 - $1,100,000
Rental Price Range$2,975 - $3,500
2 Bed1075 - 1075 SQFT
Average Cost Per Sqft$836
Sales Price Range$1,081,500 - $1,081,500
Rental Price Range
No Data
3 Bed2553 - 2553 SQFT
Average Cost Per Sqft$881
Sales Price Range$2,150,000 - $2,150,000
Rental Price Range
No Data

How Often Are Units Listed?

1 Bed778 - 1650 SQFT
Average Sales Availability
Every270Days
Average Rental Availability
Every132Days
Ratio of Unit Type in Building35%
1 Bed + Den839 - 1400 SQFT
Average Sales Availability
Every167Days
Average Rental Availability
Every318Days
Ratio of Unit Type in Building25%
2 Bed930 - 1400 SQFT
Average Sales Availability
Every171Days
Average Rental Availability
Every213Days
Ratio of Unit Type in Building28%
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%

Maintenance Fees

Imperial Lofts vs The St. Lawrence Area
Imperial Lofts's Avg
monthly maintenance fee
$0.65 / SQFT
Neighbourhood Avg
monthly maintenance fee
$0.84 / SQFT

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