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    21 River Street

    Corktown Lofts
    0for Sale
    0for Rent

    Building Details

    Property Type:
    Hard Loft
    Number of Storeys:
    2
    Number of Units:
    8
    Condo Completion:
    1996
    Condo Demand:
    No Data
    Unit Size Range:
    1,068 - 1,700 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Corktown Lofts

    Receive listing updates for Regent Park

    Amenities

    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 21 River StreetCorktown Lofts

    Simple on the outside, yet opulent within, the Corktown Lofts at 21 River Street is a small hard loft building converted back in 1998. The unadorned exterior dates back to the structure’s original industrial use, while distinguished developer River Studio Inc has since updated the building with residential desires in mind. By blending rich history with innovative architectural design, the conversion of 21 River Street now positions the Corktown Lofts as a one-of-a-kind place to call home.

    The building was most certainly used for industrial purposes, although the specific history of this is shrouded in mystery. Some claim 21 River Street was once a tannery built in the mid 19th century. Others declare it was a mill factory that functioned alongside the distilleries and breweries in the area. Regardless, the exterior minimalism and interior excellence now makes the Corktown Lofts one of the best kept secrets in Toronto’s loft market. Plus, with only 8 units, Toronto condos for sale in the building have that added sense of exclusivity.

    The Suites

    The Corktown Lofts are amusing as ever for those who get a kick out of Toronto lofts with character. Each of the eight suites features authentic cedar post and beams, exposed brick walls, hardwood floors, vaulted ceilings, and generously sized windows. Between the units, individual finishes vary greatly, providing each loft with a unique edge: some are meticulously designed and furnished, while others offer a natural, raw edginess.

    The hard lofts range in size from approximately 1,150 to 1,680 square feet, meaning plenty of room for those looking to work from home. These spacious lofts are also perfect for those with small families, or those hoping to start one. Shared living spaces are separated from the bedrooms, providing everyone with just the right amount of privacy.

    Intimacy seems to be a running theme at the Corktown Lofts. Each of the eight units feature a New York-style private entrance, a rare privilege in Toronto condo and loft living. Some even boast private terraces, fantastic for getting fresh air in the warmer months without needing to leave the house.

    While the intimately sized building does not provide any shared amenities, a conciliation is offered in the form of low maintenance fees.

    The Neighbourhood

    Despite what the name says, these lofts are located within the borders of Regent Park, though nobody will know the difference if you decide to claim Corktown - Toronto as your neighbourhood. Corktown is one of the oldest neighbourhoods in Toronto. Tales state that early 19th century immigrants from County Cork in Ireland provided the area with its name. An opposing theory is that industrial times saw a number of distilleries, breweries, and cork manufacturers in the area.

    One thing is for certain though, and that is the current state of Corktown: the neighbourhood is teeming with trendsetting young families, creative urban professionals, and everyone in between.

    Corktown has recently seen signs of economic rejuvenation, with more and more of these new young neighbours moving into the area. Previously neglected sections of the neighbourhood are being revitalized, and interesting local businesses are following as well.

    Perhaps intuitive types are intrigued by remnants of history that add a layer of complexity to the area. Even today, the degree to which Toronto’s rich history continues to shape the city can be felt more in Corktown than other areas. Examples include the British row housing that remains along a few side streets, Toronto’s first free public school — Enoch Turner School, and St. Paul’s Basilica, the city’s first Roman Catholic Church.

    Transportation

    21 River St is located close to Queen Street East, making the 24-hour Queen Street streetcars incredibly convenient for those taking advantage of public transportation. From there, riders have access to the core of downtown Toronto by foot, as well as a connection to the subway which links them to the rest of the city.

    For car owners, the Don Valley Parkway is easily accessible from Dundas Street, making it a cinch to travel to bustling suburbs such as North York and Mississauga. From the DVP, drivers can also find their way onto the 401 and the Gardiner Expressway for speedy east-west travel around the city.

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    Explore Neighbourhood

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    Walkability
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    9/10
    Transit
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    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,518
    Average Individual Income
    $59,703
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $107,043
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    20%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    35%
    Detached
    35%
    Semi Detached
    20%
    Duplex
    6%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Urdu
    1%
    Education
    University and Above
    36%
    High School
    26%
    College
    15%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Math & Computer Sciences
    10%
    Social Sciences
    10%
    Physical Sciences
    4%
    Humanities
    3%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Corktown Lofts vs The Regent Park Area

    Days on Strata

    Units at Corktown Lofts spend an average of
    N/A
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Regent Park

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 23 condos in the Regent Park area

    Sold Units

    0
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Corktown Lofts offers the
    ?
    best value out of 23 condos in the Regent Park neighbourhood

    Appreciation Rank

    Corktown Lofts has the
    ?
    highest ROI out of 23 condos in the Regent Park neighbourhood

    Rental Yield

    Corktown Lofts yields the
    ?
    highest rent prices out of 23 condos in the Regent Park neighbourhood

    High Demand

    Corktown Lofts is the
    ?
    most popular building out of 23 condos in the Regent Park neighbourhood

    Transaction Insights at 21 River Street

    Not Available

    Unit Sales vs Inventory

    Total number of units listed and sold in Regent Park