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    10 Morrison Street

    Fashion District Lofts
    1for Sale
    1for Rent

    Building Details

    Property Type:
    Soft Loft
    Number of Storeys:
    10
    Number of Units:
    102
    Condo Completion:
    2008
    Condo Demand:
    Medium
    Unit Size Range:
    517 - 3,500 SQFT
    Unit Availability:
    Low

    Listing History for Fashion District Lofts

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    Amenities

    Security System
    Bike Storage
    BBQs Allowed
    Visitor Parking

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 10 Morrison StreetFashion District Lofts

    In terms of style, setting and modernity, the Fashion District Lofts are quite the triple threat. There’s nothing typical about the façade at 10 Morrison Street, and the interiors and residents certainly follow suit.

    With plenty of cookie-cutter condos to go around, the Fashion District Lofts are a refreshing break from simplicity and routine. Even just the geometric exterior is enough to pique the interest of a passersby. Designed by Peter Freed, the king of the King West neighbourhood, it’s no wonder this building is so intriguing.

    Freed tends to cater to Torontonians in search of a certain lifestyle: fashionable and fabulous. As a result, his team at Freed Developments has outfitted the Fashion District Lofts with cantilevered glass balconies, an immense amount of oversized windows, and concrete and steel for an industrial-style juxtaposition.

    Once inside the soft loft at 10 Morrison Street, residents and their guests will never fail to be impressed by the atrium, equipped with a miniature garden. Freed’s ability to blend the raw with the polished, and the sleek with the natural, set the loft development a step above the rest.

    Although the intimately-sized building leaves little room for common amenities, those that are afforded to residents are particularly useful. The loft is equipped with shared barbecues for grilling season, as well as visitor parking.

    The Suites

    When designing this building, Freed was clearly aware of the diverse group of buyers interested in living in the area. Accordingly, the 102 Toronto lofts come in all shapes and sizes, starting at approximately 500 square feet and reaching to around 3,000. Not surprisingly, some of the larger units have been featured in Toronto Life Magazine, including a couple of 3-bedroom homes with spacious terraces, fireplaces, and 11-foot ceilings, to name a few of the highlights.

    Regardless of size, the contemporary vibe rings true throughout the building. Every unit at 10 Morrison Street is smooth, polished, and chic. Open concept layouts, as well as high ceilings (up to 12 feet tall) and accompanying floor-to-ceiling windows add a sense of both space and warmth. Hardwood flooring adds elegance to contrast with exposed concrete walls and ceilings, while glass finishes and exposed ductwork continue to ensure that these King West condos for sale are anything but standard white cube condos.

    The Neighbourhood

    Although the neighbourhood is definitely stylish today, the Fashion District wasn’t originally named for its elegance. Instead, the area was dubbed the Fashion District thanks to the inhabitant garment industry as early as the turn of the 20th century. At this time textile warehouses and factories comprised the bulk of the buildings here, until the industry moved out of downtown toronto just after World War II.

    While a number of industrial buildings have since been torn down, others have been salvaged and renovated in order to make way for modern shops, restaurants, bars, cafés, and galleries. Plus, being surrounded by Chinatown, the Entertainment District, and Queen West adds even more options for residents.

    Within a short walk from 10 Morrison Street, residents can enjoy Italian fare at Buca or Gusto 101, hit Victoria Memorial Park or Trinity Bellwoods Park for a picnic, or gather groceries from the expansive Loblaws at Queen and Portland. The Thompson Diner is open 24-hours a day for when late night cravings hit, while the waterfront is also within reach of the Fashion District Lofts. Additionally, date night options are aplenty, including catching a film at the TIFF Bell Lightbox, some live theatre at the Royal Alexandra Theatre, or a performance by the Toronto Symphony Orchestra at Roy Thompson Hall.

    Transportation

    With its central location in downtown Toronto, those living at 10 Morrison Street never have a problem reaching all areas of the city. Drivers can make use of King and Queen Streets for travel within the immediate vicinity, while the Gardiner Expressway is also just minutes away for a speedy ride around the southern edge of the city. The Gardiner also offers convenient connections to other highways: the 427 to the west and the Don Valley Parkway to the east.

    Those without cars are equally in luck — streetcars on King, Queen, Bathurst, and Spadina all make stops just minutes from the front doors of the Fashion District Lofts. The Queen and King routes offer connections at the Yonge-University-Spadina subway line, while the Bathurst streetcar can land travelers at Billy Bishop Toronto City Airport in just 15 minutes.

    Alternatively, those wishing to cycle around can find bike lanes along Richmond and Adelaide streets. The Martin Goodman Trail that runs along the lakeshore is yet another great option for those traveling around the city on two wheels.

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    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    25%
    35 - 49
    19%
    50 - 64
    19%
    65+
    19%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    9%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Fashion District Lofts vs The King West Area

    Days on Strata

    Units at Fashion District Lofts spend an average of
    44
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    3%
    below
    the list price.

    Offer Competition

    Lofts in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in King West

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 101 condos in the King West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    Fashion District Lofts offers the
    ?
    best value out of 101 condos in the King West neighbourhood

    Appreciation Rank

    Fashion District Lofts has the
    ?
    highest ROI out of 101 condos in the King West neighbourhood

    Rental Yield

    Fashion District Lofts yields the
    ?
    highest rent prices out of 101 condos in the King West neighbourhood

    High Demand

    Fashion District Lofts is the
    ?
    most popular building out of 101 condos in the King West neighbourhood

    Transaction Insights at 10 Morrison Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$630,000$1,050,000$899,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,007$1,106$1,123No DataNo DataNo Data
    Avg. Wait for Unit Availability158 Days229 Days151 Days370 DaysNo DataNo Data
    Ratio of Units in Building30%28%33%8%3%3%

    Unit Sales vs Inventory

    Total number of units listed and sold in King West