Distillery Property Management
William Gooderham and James Worts founded their company back in 1832, and would later build their first Gooderham & Worts Distillery in 1859 right here in the very heart of the now modern-day Distillery District. Their ambitions and industrial drive would kick-start what would later become one of the best, and most popular neighbourhoods shy of the East Bayfront.
Although this area has a longstanding history with the industrial movement which saw Toronto become a popular destination for ships coming from the United States – the Distillery District has captivated the attention of investors, swanky entrepreneurs, contemporary artists, and young individuals willing to cough up a few extra bucks a month to live here.
With its now-iconic red brick buildings and well-preserved architecture, a melange of history is played off against the backdrop of modern Toronto, with its skyscrapers, and high-rise luxury apartments. This area offers a unique experience that is yet to be found in other parts of the city, which is why world-renowned festivals and Christmas markets call the Distillery District their home too.
Information on Distillery Neighbourhood
If you’re keen to stay in an old renovated factory, or perhaps call an old machine room your new apartment, then the Distillery District is where you should be looking.
Once sprawling with men and women, toiling away with distilleries, and machines to produce world-renowned alcoholic beverages, this area has seen much rejuvenation in recent decades and has now become a local and tourist hotspot.
With restaurants, bars, and cafes of any sort, you will easily find a grandiose selection of food that will delight the five senses. But gastronomy is not the only thing on the menu in the Distillery District, as local galleries, theatres, performances, and markets will captivate your attention.
There is simply no limit to what this area has to offer, as it sits comfortably between the Gardiner Expressway and Corktown. One will easily find yourself around with ample streets and pathways specifically designed to make this neighbourhood walker-friendly for residents and visitors alike.
The average walk score for Distillery is 93, a top choice for those looking to have bars, local markets, and retail shops all within a few minutes’ walking distances. Furthermore, walking around this area will offer you a better indication of how well-maintained historic buildings are, and how much effort has gone in to preserve the rich history of the sites scattered across the district.
Although the Gardiner Expressway is just below the district, those who look to move around making use of public transportation can do so via the 121, 19, 65, and 72 bus routes. There’s also the 501 streetcars, and Subway 1, which stretches as far as Vaughan. For trains, you can make use of the UP line.
The distillery has a bike score of 100, one of the highest among Toronto neighbourhoods. Everything you would need is within a two or five-kilometer radius, and having a bike to complete daily tasks or to get around would be even easier and much more convenient.
School District Ratings
With a mere 29,000 residents, a small fraction thereof are families or young children. Schools in the area are spread across various suburbs and surrounding neighbourhoods. Although the area can be considered family-friendly, a lack of green spaces has made it difficult for some families to eventually call the district their new home.
Currently, Voice Integrative Private School is one of the only schools found within the physical proximity of the Distillery District. A larger selection of public and private schools and centers for higher learning can be found around Corktown, Moss Park, and Old Town.
Average Rent and Sale Prices
Average rental prices for modern lofts and spacious apartments won’t set you back that much, with prices ranging between CAD 2,000 to CAD 4,000 per month, depending on the size of your apartment.
If you’re looking to purchase a new apartment, or perhaps a semi-detached home, you can get a decent-sized property, for anything over CAD 750,000. It should be good to note, that places closer to the Distillery Historic District are in high demand, and prices can fluctuate as supply becomes available.
Investing in Distillery
There is a small, tight-knit community that operates within the district, especially for those who have been running their businesses for decades within the convince of the distillery. Lucky entrepreneurs or property investors can get away with purchasing a swanky, or spacious loft apartment, using it as an Airbnb, or perhaps renting it out.
Some businesses have flourished in recent years, and with local support, and overwhelming encouragement from local government and community members, arts and culture have become one of the key selling points for many new investors stepping onto the scene here in Distillery.
Buttonwood Property Management
Whether it’s residential, or perhaps commercial a Buttonwood professional is already on the ground looking for that perfect fit. Investors and residents will have ample to choose from, as new developments are constantly being advanced to support the growing need.
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