Distillery District

Distillery District in Toronto is currently in a buyer's market with more supply than demand. Buyers have stronger negotiating power and listings tend to sit longer.

The average sale price in Distillery District is $648,544, with an average price per square foot of $818. See the full Toronto market report for city-wide trends.

The Distillery District occupies a top spot on any tourists sightseeing list, and for good reason. It also provides one of the most interesting residential backdrops in the city: it’s not only rich in history, but also thoughtfully maintained. Statistics show that mainly individuals and couples are interested in Toronto condos for sale here, but regardless of age or marital status, inhabitants of the neighbourhood likely share an appreciation of the region’s architectural, historical, and industrial significance.The Distillery District is an enclosed mixed-use area, inhabited by commercial and residential occupants of heritage buildings. In fact, it was named a national historic site of Canada in 1988 due to its status as the most significant and well-preserved set of Victorian industrial architecture in North America. In 1932 its initial tenants were Gooderham and Worts, owners of a distillery that was to become the world’s largest by the 1960’s.Sharing the land with residential properties are cafes, restaurants, boutiques, art galleries, and the occasional microbrewery. Artists’ studios as well as offices geared toward creative businesses are located above a good number of these commercial spaces. So, while the neighbourhood draws photographers and film directors seeking out picturesque locations for shoots, it likewise drives artistic types toward its Distillery District condos and studio spaces. The Distillery district contains 40 heritage buildings, each of which once fulfilled its role in the production of whiskey. Amongst these buildings, and situated along 10 charming streets, sits one of the tallest high-rise soft lofts in the city: the Pure Spirit Lofts at 33 Mill Street.In addition to the Pure Spirits Lofts, The Distillery is home to two more glass towers: The Gooderham at 390 Cherry Street and Clear Spirit Condos at 70 Distillery Lane. The neighbourhood is also home to a couple of shorter, more traditional brick buildings that house an average of 100 suites each. Considering how popular the neighbourhood is with tourists, it’s no surprise that the Distillery is well serviced by public transportation. The Cherry Street streetcar makes its final stop at the Distillery Loop before heading west along King Street toward another loop at Dufferin.The Gardiner Expressway is located just to the south of the neighbourhood, making this a go-to route for drivers heading east or west. Residents planning to traverse the city by foot can use to Martin Goodman Trail, which stretches across the southern edge of the city for a grand total of 56 kilometres. Best of all, cars are prohibited on many of the streets in the neighbourhood, making for pedestrian and cyclist oriented brick lanes within the confines of the central Distillery District.