A Loft In The Evening Telegram Building In Cabbagetownoffered at $749,900
For years South Cabbagetown suffered a bad reputation. Located east of Jarvis and south Of Gerrard all the way down to the other revitalizing neighbourhood called ‘Corktown’, this pocket of Victorian and infill properties have long been wrapped by the social housing ‘projects’ of Moss Park and Regent Park to the east, and served as cheap housing and the service area for the city’s prostitution and the drug trade. For years it’s suffered a bleak existence which has kept property prices low while imbuing a feeling of discomfort for prospective residents otherwise attracted by the affordable prices.
But things are a-changing. Along with the direct community efforts to resolve the social ills, Regent Park, a 69-acre site containing 2087 social housing units once lauded as a new model of community living in the 1950s, has been undergoing a substantial transformation into a new mixed social and market housing redevelopment that restores the original street patterns, provides commercial and retail services, and a recreation-centric green space to serve the community. Originally built 60 years ago as Canada’s first and largest social housing project, Regent Park, owned and managed by Toronto Community Housing (TCH), has been demolishing and rebuilding the entire community since 2005 in six phases over a 12-year, $1-billion plan.
Which means there’s a whole new vibe happening in the downtown east side, which is poised to transform with more flavour, ‘village amenities’ and an inevitable increase in prices.
Back yonder – in the 1840‘s – this area was the stomping ground of Irish immigrants, so poor they were said to have grown cabbages in their front yards. Today, stroll Parliament Street to find gourmet shops, popular upscale boutiques, and vintage stores, where you’re more likely to find cabbage at the local farmers market at nearby Riverdale Farm than in the front yards of any of your neighbors! A visit to this farm will transport you to simpler times; delight in the delicious scent of bread being baked in the wood-fired brick oven, chat with a farmer as you purchase fresh fruits and vegetables at the farmers market, or stroll through the lush wooded knoll. Or catch the Cabbagetown Short Film & Video Festival, chat with the locals at the friendly neighborhood bars and trendy cafes, and enjoy the convenience of the TTC just steps away. Truly a foodie? You’re a quick bike ride to St. Lawrence Market with all its purveyors of fresh food!
Welcome to 264 Seaton Street, Loft 204.
If you’re a lover of the authentic loft, here’s your chance to own your own piece of history in South Cabbagetown. The Evening Telegram Lofts was once home to the Toronto Evening Telegram, a newspaper that later became the Toronto Telegram. When The Tely folded in 1971, former staffers founded The Toronto Sun leaving the vintage 1930s building to become a 16,000 square foot multi-tenant rental with a spectacular 3000 square foot owner’s suite until the late 1990s. In March 2001 it was retrofitted into this 10-unit loft condominium.
Loft 208 is an extraordinary 2-level live/work space. Comprising 1490+200 square feet of living space with a mezzanine, plus direct access to a private roof terrace, this magical loft boasts soaring 14′ ceiling on both levels, a massive skylight and window that drench the loft in natural light, and character features like exposed wooden posts, beams and brickwork. These original vintage features contrast beautifully with the contemporary upgrades, including the galley kitchen with gas cooking and stainless steel appliances, plus the gas fireplace. It also has water radiant heating, ductless air conditioning and a recently installed tankless hot water system.
This unique urban space, with one car parking and a locker, is a winner!
Here’s a feature in Toronto Life!
Want to learn more about Cabbagetown and it’s fab amenities? Here’s our Neighbourhood page on Cabbagetown including video, city census data on the area plus past blogs!
And here’s one of our most popular posts called ‘Why The East Side Has Historically Been Cheaper‘ which we consider an essential read.
Contact Steve@urbaneer.com for more info!