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Home Toronto Real Estate

In 10 Years This Toronto Multi-Storey Loft’s Price Rose by $836K

Mackenzie Scibetta by Mackenzie Scibetta
September 22, 2023
in Toronto Real Estate, Unique Real Estate
Reading Time: 4 mins read
An industrial loft living room
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In 2014, the average price for a condo in the City of Toronto was $329,500 according to the Toronto Regional Real Estate Board (TRREB), and in August 2023 that number increased by 120% to $724,549. Following a similar trajectory, this Cabbagetown condo at 204-264 Seaton St. was on the market for just over $750,000 in 2014 and today that same condo is listed for sale for over $1.5 million – a price increase of 110%.

REAL ESTATE HOMEWARD

The 2-bedroom, 2-bath condo makes use of its factory setting and embodies industrial minimalism with concrete floors, exposed pipes, and brick walls.

There’s even a catwalk platform above the bed.

REAL ESTATE HOMEWARD

Two unique features stand out in the home: the grand spiral staircase and the 11-foot glass shower.

  • View homes for sale in Toronto, ON

The glass shower and hyrdo massage therapy soaker tub are both exposed in the ground-floor bedroom, but if you want more privacy you can head up the 15-foot spiral staircase to the second-floor bathroom.

REAL ESTATE HOMEWARD

The second floor’s huge skylight gives the space a bright and airy feel while the Ortal gas fireplace adds a cozy element to the room.

REAL ESTATE HOMEWARD

In total, the space has over 1,700 square feet and features two entrances and two upper loft mezzanines.

Custom feature walls, steelwork, and Brazilian wood detailing can be found throughout the condo.

REAL ESTATE HOMEWARD

For those who are still seeking more space, the condo has a 200-square-foot private rooftop terrace that was rebuilt in 2023 and offers expansive city views.

  • Read: Toronto’s Promising Surge in Home Supply: Active Listings Have Nearly Doubled in Most of the GTA
REAL ESTATE HOMEWARD

The condo couldn’t be in a more convenient location with a walking score of 97, a transit score of 96, and a biking score of 100.

To see every nook and cranny of this unique condo, check out the listing here.

If you’re looking for your own Toronto condo, why not give us a call? Our expert real estate agents will help you navigate the fluctuating real estate market.

Ready to find your condo?
Contact us today to speak to a Realtor in your area
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Mackenzie Scibetta

Mackenzie Scibetta

Mackenzie Scibetta is a seasoned Content Marketing Specialist at Zoocasa, where she brings her expertise to the world of real estate. As a dedicated real estate writer, Mackenzie's primary goal is to equip home buyers and sellers with the most up-to-date market insights, enabling them to navigate their real estate ventures with confidence. Mackenzie's writing is characterized by its depth and breadth, covering a wide range of topics related to the real estate industry. From exploring the intricacies of mortgages to meticulously tracking and analyzing trends in local markets across Canada and the U.S., Mackenzie is known for her comprehensive and data-driven reports. Her commitment to providing valuable information is evident in the consistent quality of her work. Mackenzie's research and insights have earned her recognition from prominent media outlets. Her expertise has been featured in BNN Bloomberg, CTV News, the National Post, The Globe and Mail, and even The New York Times. These accolades underscore her position as a trusted authority in the field of real estate.

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