Where to Buy Now: Corktown, because the historic neighbourhood has lofty ambitions
What used to be a don’t-walk-here-at-night zone is being reinvented by builders like Streetcar Developments and Brad Lamb into a booming mid-rise condo ’hood. By the end of 2010, 68 per cent of the real estate sales in Corktown were condos. These include plenty of lofts: the Queen City Vinegar Co. Lofts (shown above); the four-building Corktown District Lofts (shown below); and Trinity Lofts, an eight-storey, curvy construction that bridges the gap between the Distillery and King Street and gives good space for the buck ($550 per square foot). With nine-foot-high exposed concrete ceilings, the Trinity units appeal to designers who work in the area’s studios or professionals looking for a 20-minute walk to Bay Street.
[xmlgm {http://www.torontolife.com/daily/wp-content/uploads/2012/01/corktown-new.kml} width=240;height=240]
From Berkeley St. to River St.; from Shuter St. to Front St.
2009: $408,019
2010: $428,017
2011: $501,055
*2011 averages reflect most recent data from January to August
As for Corktown’s megaprojects, the vacant land west and south of the neighbourhood is undergoing massive change with River City, an 80-acre planned community under construction in the West Don Lands that includes condos, townhouses, restaurants, new parks and even an elementary school. Factor in the Regent Park revitalization to the north and Corktown is ready to pop.
; the four-building Corktown District Lofts (shown below); and Trinity Lofts, an eight-storey, curvy construction that bridges the gap between the Distillery and King Street and gives good space for the buck ($550 per square foot). With nine-foot-high exposed concrete ceilings, the Trinity units appeal to designers who work in the area’s studios or professionals looking for a 20-minute walk to Bay Street.
[xmlgm {http://www.torontolife.com/daily/wp-content/uploads/2012/01/corktown-new.kml} width=240;height=240]
From Berkeley St. to River St.; from Shuter St. to Front St.
2009: $408,019
2010: $428,017
2011: $501,055
*2011 averages reflect most recent data from January to August
As for Corktown’s megaprojects, the vacant land west and south of the neighbourhood is undergoing massive change with River City, an 80-acre planned community under construction in the West Don Lands that includes condos, townhouses, restaurants, new parks and even an elementary school. Factor in the Regent Park revitalization to the north and Corktown is ready to pop.
){kind=link}
I live in Corktown. It would be perfect if there was a green grocer! Of course, the St Lawrence Market is nearby – but to be able to buy fruit and vegetables in the evening…
I am a huge fan of this neighborhood. Things I like include.
– mish-mash of people and culture, so dynamic, I get a story everytime I walk out the door.
– high quality of life, so close to downtown, do not have to deal with west end congestion, waiting endlessly for a table at a restaurant, close to the beach, walks through cabbagetown, biking in the don valley, easy to find parking.
– Housing stock, there a some nice loft conversions that have taken place, most notably the knitting mill and brewery lofts, it is somewhat affordable to buy into!
– i hear some people harp on the drop in centers, true we do have more then our fair share but I find the people that visit these sites are totally harmless and kind for the most part.
– change is good but not too much. I would be gutted to see the neighborhood move from a low rise community to one of endless high rise condos.
– its nice to see some great shops moving in. Welcome to Haven, even and odd and Ethel.
Encourage everyone to visit, Corktown will just keep getting better.
Hello,I am interested in this condo, the 1bd/1ba unit on a month to month basis. Can you tell me the sq.ft. and are uittilies included. If utils are not included an estimate of monthly uittilies would be fine.ThanksBradley