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Kensington Market Lofts

21 Nassau St, Downtown

Features

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Price/Sqft Range

521 sqft - 1757 sqft

Avg Price/Sqft

$801 / sq. ft.

Completed

Built: 2000

Building Scale

Floors: 7 | Total Units: 145

Building Details

Building Type

Mid-Rise condo

Property Management

Built in 2000

Condo Corp

MTCC-1291

Date Registered

Feb 7, 2000

Maintenance Fees Include

Common Element

Heat

Building Insurance

Water

Parking

Description

1 - About Kensington Market Lofts

  • Address: 21 Nassau St & 160 Baldwin St, Toronto
  • Neighbourhood: Kensington-Chinatown, Downtown Toronto
  • Storeys: 7
  • Units: 145
  • Built Year: 2000 (Conversion of 1923 and 1952 structures)
  • Builder: Context Developments
  • Building Type: Mid-Rise Loft Conversion
  • Suite Sizes: 521 sqft - 1757 sqft
  • Average Price: $801 / sq. ft.

2 - Overview of Kensington Market Lofts

Kensington Market Lofts represents the successful residential conversion of three interconnected heritage buildings in Toronto's historic Kensington Market. The primary structure dates to 1952, originally serving as a technical school for George Brown College, distinguished by its glazed yellow terra-cotta blocks and original terrazzo flooring that remains preserved today.

This 1952 building was thoughtfully integrated with an adjacent 1923 red brick school structure, creating a unique 145-unit residential complex. Context Developments completed the adaptive reuse project in 2000, introducing contemporary elements including internal courtyard balconies and ground-level retail spaces along Baldwin Street.

Between 2011 and 2017, ERA Architects oversaw a comprehensive revitalization focusing on façade remediation and heritage preservation. This project also included the installation of a distinctive colour-pattern art piece by An Te Liu on the east façade, adding contemporary artistic expression to the historic structure.

3 - Suite Sizes & Value

Residential suites span from 521 to 1,757 square feet, offering diverse living options within the converted school buildings. The heritage conversion provides the characteristic high ceilings and open layouts typical of hard loft residences.

Units are priced at an average of $801 per square foot. The varied configurations reflect the original heritage floor plans, with unit layouts and sizes differing throughout the complex due to the adaptive reuse of the historic educational buildings.

4 - Building Amenities & Features

  • Heritage Architectural Elements: Original terrazzo flooring preserved in landings and stairwells from the 1952 structure
  • Private Courtyards: Internal outdoor spaces providing natural light and fresh air to interior-facing units
  • Ground-Level Retail: Commercial spaces integrated along Baldwin Street, housing independent local retailers
  • Contemporary Art Installation: Custom colour-pattern artwork by An Te Liu adorning the east façade
  • Historic Building Integration: Seamless blending of glazed yellow terra-cotta from 1952 with red brickwork from 1923

5 - Location Highlights

  • National Historic Site: Positioned within the Kensington Market National Historic Site of Canada
  • Heritage Conservation District: Located inside the protected Kensington Market Heritage Conservation District
  • Commercial Access: Direct connection to the vibrant Baldwin Street and Nassau Street retail corridors
  • Cultural Heritage: Proximity to the historic Jewish Market area and its independent merchant community

6 - Lifestyle Near Kensington Market Lofts

Life at Kensington Market Lofts centres around one of Toronto's most authentic urban neighbourhoods. The area maintains its pedestrian-friendly character and thriving independent business community, deliberately resisting large-scale commercial development.

The neighbourhood's architectural fabric tells the story of successive waves of settlement, from Jewish immigrants to Portuguese, Italian, and Caribbean communities. Historic storefronts and narrow streets create an environment that attracts residents seeking genuine urban character over the standardized retail experiences found in other downtown areas.

7 - About the Developer

Context Developments successfully completed the Kensington Market Lofts conversion in 2000, transforming three interconnected heritage school buildings into the current 145-unit residential mid-rise. The developer's approach preserved the historic character while introducing modern residential amenities and retail integration.


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