If you're looking for a condo with an old-school vibe, check out this one; it's actually in an old school. 385 Brunswick Avenue is the site of the former Loretto Abbey School, which opened in 1914 and operated until 2002. In 2007 the building was converted to The Loretto Lofts, a five-storey, 51-unit condo. The building's retained its Beaux-Arts exterior, but inside it's been thoroughly modernized. That's a good thing in terms of updated infrastructure, but it also means not much of the building's old character is still around. If you're looking for crown mouldings or exposed brick, this might not be the place for you.
The three-bedroom, two-bathroom two-storey penthouse, on offer for $3,295,000, has an amazing 1,800 sq. ft. rooftop terrace with a glorious view of the Annex's rooftops and the Toronto skyline. Hardwood floors throughout, Downsview kitchen, slidey floor-to-ceiling glass doors to the bedrooms, and lots of gallery space (what is that SOVe piece on one wall?) Taxes were a whopping $15,674 in 2014. Does the seller have a hope in hell of getting their asking price? Discuss in the comments.
· On The Market archives [Curbed Toronto]
· High-end condo goes back to school [Toronto Star]