Corktown is one of Toronto’s oldest and most historic areas. Nearby the Distillery District and running from the Don River in the East to Berkeley St. this area used to be a gathering place for Irish immigrants many from County Cork. They came to Canada fleeing the potato famine.
Toronto’s population doubled in the mid 1800’s as a result of the Irish arrivals. In the early 20th century Corktown became home to many of this city’s Macedonian immigrants.
As a working -class area, Corktown became a mix of industrial warehouses, workers’ cottages and quaint British-style somewhat crooked row housing on Bright St. A group known as Streetcar Developments is moving into Corktown with major redevelopment plans. This is dues to it’s prime location near the business district, theatres, & expressways. They intend to turn Corktown into a destination.
The concept is going to be modern living in a historical setting. Recently the Queen City Vingar Company building sold 32 of it’s 36 units in one weekend. This demonstrates the desirability of the location from a developer’s point of view.
The next project is going to have two faces. One will be new consturction of single -storey, loft style condos on 3 parcels of land , 52 Sumach St., 549 and 569 King St.
Each building is slated to have 40 lofts & three town homes with underground parking. There will be some ammenities, a large screen tv, a kitche, outdoor patio and fitness centre. Price start at $180’s to $700k +.
Phase two will be across the street from phase 1 and invloves the retrofit of an old three storey warehouse with 150 suites. There are 12 foot wooden ceilings & exposed brick.
There will be a main level retail corridor incorporated into the developemnt.
Corktown will become connected to the Distillery District and the West Donlands making it more vibrant,with parks and community centres.
To register for the Corktown sales office give us a call at 416-445-8855 and we will take care of that for you… Aeriol.