Welcome to this remarkable Loft common element condo located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,049,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to Imperial Lofts! Where Toronto's industrial past meets its Imperial future! Constructed in 1910 and home to the Imperial Optical Company in its early years, and used as a warehouse for various manufacturers through the mid century, this historic building was thoughtfully converted into authentic loft residences in 1997 while preserving its remarkable architectural details- the dramatic arched mullioned windows and the original manually operated elevator cab that still welcomes residents and guests today. 407 holds one of the building's coveted southeast corner spots! Inside this suite history and design converge. Soaring 10.5-ft ceilings, original hardwood floors restored with care, authentic century-old red brick walls, original Douglas Fir timber beams work together to define this timeless industrial space. Wrapped in natural light from its coveted southeast exposure, this loft enjoys clear views over the neighbouring heritage art deco building, creating a sense of openness that mixes beautifully with its vintage features. With over 1400sqft of living space, the flexible guest suite/home office can be closed in if one chooses while still preserving the expansive feel of the open-concept layout. Complete with a shared rooftop terrace with BBQs, this is authentic loft living in the heart of Toronto-just steps to St. Lawrence Market, the Distillery District, the King East Design District, cafés, acclaimed restaurants, King & Queen streetcars, and the future Ontario Line. A home with history. A space with soul. A loft that's effortlessly cool.
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Brick & Beam, Carpet Free
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This could be the first listing for this address.
Data-driven valuation for 90 Sherbourne Street 407, Toronto, ON M5A 2R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,049,000 in Toronto, the legal minimum down payment is $209,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,455 also applies, bringing the total estimated land transfer taxes to $34,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.