Don’t look now, but the impossible is about to happen. You may have thought that Toronto couldn’t get more exciting or desirable. That is, until you start exploring the loft scene.
Hard lofts, soft lofts, or even a traditional high-rise filled with every luxury, there’s something to suit every taste and lifestyle in Toronto. In a city known for its beautiful and modern condos, the variety of lofts takes it to the next level. In this post, we will examine this lifestyle alternative in more detail.
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How Lofts Are Different from Condos
Lofts and condos share many similarities. They both exist in buildings alongside other units, and both can offer the height of city convenience. Typically, the ownership structure is also the same, with both condos and lofts being sold as condominiums.
The owner is responsible for the interior, whereas the management company handles all common areas. This is where the similarities end and the excitement begins!
- Condos were designed from the very beginning to be residential spaces, whereas lofts had more industrial uses in mind.
- Many condos exist in high-rise buildings that offer access to gyms, party rooms, and even indoor swimming pools or guest suites, although you will find a few low-rise buildings as well.
Toronto is home to residences of all types! Since lofts had their beginnings with industrial roots, they are typically in lower-rise buildings and may not have as many amenities. On a positive note, they may often come with lower condo fees. Plus, they are absolutely fascinating, inside and out!
Searching for your ideal new home in the vibrant City of Toronto? Start with our featured listings.
Soft Lofts Versus Hard Lofts
Hard lofts were once used as factories or warehouses. Today, they have been converted into residential spaces that remain true to their historical roots. Soft lofts, sometimes called “light condos,” were created with residential living in mind; however, they also pay tribute to the industrial characteristics loft owners seek.
High ceilings, often 10 to 12 feet, exposed brick and ductwork, concrete floors, and massive factory-style windows are some of the attributes you might see in a loft, especially when it’s a hard loft. Think of the dramatic effect this soaring height makes every time you open the door!
Fun fact: high ceilings aren’t just for aesthetic beauty. They allowed for maximum light for factory workers to keep them safe and efficient. Today, these attractive and exciting units are perfect for indoor plant enthusiasts or anyone who just loves living in the light. And let’s be honest, who doesn’t?
Soft lofts mimic the look and feel of a hard loft, but with a major difference: like condos, they were created specifically for residential living. They often feature floor-to-ceiling windows, may have a balcony, and the design tends to be cutting-edge and contemporary.
Are you undecided as to whether to purchase a hard or soft loft? Consider how the subtle differences will impact your lifestyle choices.
- A soft loft can offer the best of both worlds, complete with better soundproofing and efficient heating and cooling systems.
- For those who allow no compromises, a hard loft is the only option.
Are you ready to start your search for your new Toronto home? Begin your research by reading the posts below:
- Our Top Tips for a Streamlined Move in Toronto
- Five Real Estate Myths: Busted!
- How To Find the Right Real Estate Agent
Where Are All the Lofts in Toronto?
Now that your newfound love and appreciation of lofts is established, where should you begin looking for your next home that was once a thriving industrial operation (or looks like it)?
Since soft lofts are built specifically for residential living, they tend to be more widely available. Hard lofts can be harder to come by because there are only so many older industrial buildings suitable for conversion.
Typically, you’ll find the greatest concentration of genuine hard lofts in Old Toronto and the downtown core. Neighbourhoods like Leslieville, King West Village, and the Church-Yonge Corridor can be an absolute goldmine for Toronto loft buyers.
If you have your heart set on a hard loft, a local real estate agent is a resource you do not want to be without. Since there are only so many authentic buildings to go around, listings can be few and far between. However, with a well-connected professional in your corner, you can often get early access to hard-to-find opportunities.
Looking for a new neighbourhood where you can make yourself at home? The posts below might open up some possibilities:
- These Toronto Neighbourhoods are Perfect for a Fresh Start
- West End Vs East End: Which One Wins in Toronto?
- Top Dog-Friendly Neighbourhoods in the West End
Is Loft Living Right for You?
How do you know if you’re the type of person who will love every minute of your loft life? It all depends. If you desire convenience, comfort, and aesthetic beauty and appeal that is completely unique, then the verdict is in: you will love loft living, especially in Toronto.
The downsides?
The disadvantages of loft living are similar to that of buying a condo: limited outdoor space and sometimes smaller living quarters. For some people, the biggest deal breaker is the neighbours. Your neighbours are close, which is amazing if you all get along and enjoy social interaction—but if you prefer peace and quiet, loft living may not be ideal.
If having the trendiest home in the most convenient neighbourhood, with characteristics that will have your guests talking for ages sounds like fun, then you can be sure of one thing: loft living is the life for you.
Do you have any questions about the availability of lofts in Toronto right now? Reach out to us at erica@ericareddy.com or call 416.443.0300, and we are happy to answer any questions you may have.
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