Toronto Lofts MLS®MLS® Listings | Search Like a REALTOR®
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Toronto loft apartments are apartments that are generally built from former industrial buildings. When industrial developments are developed into condominiums instead of apartments, they may be called loft condominiums. The general term warehouse-to-loft conversions may sometimes be used for development of industrial buildings into apartments and condominiums. "Loft-style" may also refer simply to developments where a street-level business occupies the first floor while apartment "lofts" are placed above the first floor.
Sometimes, loft apartments are one component of municipal urban renewal initiatives that also include renovation of industrial buildings into art galleries and studio space as well as promotion of a new part of the city as an "arts district".
Originally popular with artists, they are now highly sought-after by other bohemians and hipsters, and the gentrification of the former manufacturing sectors of medium to large cities is now a familiar pattern.(Wikipedia)