District Lofts Toronto

About District Lofts

The District Lofts is positioned in the heart of the entertainment district. This Richmond Street address just east of Spadina is walking distance from a long list of nightclubs, lounges and restaurants that will whet the appetite of younger urban professionals with a hunger for play close to home. 106 soft lofts stretch out over 14 floors ranging in size from modest 614 square feet to a luxurious 2450. Regardless of which way you’re facing here, the views are spectacular.

Winner of a number of awards, the U-shaped twin towers boast impressive finishes. 10-foot high concrete ceilings, outdoor space in every unit and an adequate amenity list that includes workout room, party and boardrooms…adequate because the nightlife opportunities outside your door are far more likely to satisfy your entertaining needs anyway! Penthouses here are enviable spaces to call home: 2 levels, 2 bedrooms, large terraces, skylights, and 18-foot windows that showcase panoramic city views in multiple directions.

Although this building does have authentic hard loft competition nearby, this is a stunning location worthy of the praise it has received. Great nightlife just outside your door, close proximity to the financial district and the ultimate in transit make it an architectural and geographical gem.

 

What We :This is an interesting and well-thought out building, with unusual floor plans and design. The interior of the “C” shape coupled with the fact that units span from one side of the building to the other means you’ll always have one side of windows that’s quieter while the other is more lively. Facilities are great, as is the location, and there’s public parking. Penthouse units are spectacular.

 

What We Don’t: Units on the interior terrace floor have big outdoor spaces but it’s certainly not private!

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Map

The Facts

Address: 388 Richmond Street West

Developer: Context Development Inc.

Year Built: June 2002

Number of Storeys: 14

Number of Lofts: 148

Size Range of Lofts: up to 1463sqft

Amenities

  • Multi-purpose room with kitchen
  • Landscaped courtyard terrace
  • Exercise room
  • Boardroom

Prices

  2013 2014 2015 2016
Average Price $426,819 $521,489 $468,988 $588,911
Price: Low-High $345,000-$540,000 $350,000-$1,160,000 $335,000-$850,000 $380,000-$1,180,000
Average Days on Market 43 23 10 8
Total Sales 9 9 8 9

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