The triangular five-story redbrick building—the Flatiron—is officially on the market
The iconic building that separates Front Street, Wellington Street and Church Street is up for sale. Built in 1892, the Gooderham building—or Flatiron, as it’s commonly known—was revamped in 2005 when Woodcliffe Landmark Properties, headed by heritage developer Paul Oberman (who passed away earlier this year), purchased the property. Eve Lewis took over Woodcliffe in her husband’s wake and feels the time is right to find an occupant for the 20,000 square feet of office space that the Flatiron has to offer.
While Lewis is staying silent on the price of the property, the Toronto Star reports that the building sold in 1999 for $2.2 million and again in 2005—to Woodcliffe—for $10.1 million. So, with the recent refurbishing, Flatiron is likely to go for an even prettier penny this time around.