Conversions have been increasingly popular in the Toronto market. Some of the most popular condominiums on the resale market are loft conversions of old buildings that include Factories, Churches, Hotels and much more. Conversions give unique characteristics of buildings (such as tall ceilings, large windows, original architecture) that were built decades ago but benefit from modern restoration.
Below are our favourite new condo condo conversions.
Imperial Plaza is the conversion of the old Imperial Oil building located at Avenue & St. Clair West by Camrost-Felcorp, originally built in 1957 and was the head office for Imperial Oil before the building was sold to become Imperial Plaza Condominiums. The ground floor retail includes a brand new LCBO and high end Longo’s grocery store.
Yorkville Plaza was another conversion by Camrost-Felcorp, this time converting the old Four Seasons Hotel. The hotel was popular among celebrities in Toronto when the Toronto International Film Festival was located in Yorkville. Originally built in 1972 with brutalist architecture and operated as the Four Seasons from 1978 to 2012.
The Britt was a conversion of the old Sutton Place Hotel, one of Toronto’s most luxurious hotels known for hosting celebrities including Pierre Trudeau, Sophia Loren, Elizabeth Taylor, Stevie Nicks, and Ted Danson. The hotel ceased operations in 2012, forty-five years after opening. The Britt is now under construction and will become a luxury condominium at Bay & Wellesley.
Sunday School Lofts is a conversion of a century old church that was once used as a Sunday School back in 1913. The building was designated as a heritage building and will be preserved and converted into 32 luxury lofts. Sunday School Lofts is located at Danforth & Dewhurst and developed by Grid Developments.
St. Leslieville Church is a conversion of a heritage Church property located on Jones Avenue in the popular Leslieville neighbourhood. The developers will revive and preserve the original building and the original architecture such as the soaring windows, original bell tower and arched walls will be restored and revitalized. The building will house just 14 luxurious condo lofts.
Union Lofts is a conversion of a church located at the north-east corner of Perth Avenue and Wallace Avenue. The church was originally built in 1913 and much of the exterior detail will be preserved and renovated to house 40 condo suites.
Formerly the High Park-Alhambra United Church, 260 High Park is the latest Church conversion and is expected to launch in the Fall of 2016. A new modern addition will be added to the Church in a “new meets old” style that merges the classic look of the church with a modern class extension. The church was originally built in 1911 and was operating as a church until it was sold in 2014.
Interested in purchasing new condo conversions? Contact TalkCondo’s new condo experts for more information on how you can buy in one of Toronto’s best new condominium projects.