The Loretto

1 - About The Loretto

• Address: 385 Brunswick Ave, Toronto
• Neighbourhood: Annex, Midtown | Central, Toronto
• Storeys: 5 floors
• Units: 50 units
• Built Year: 2007 (Original structure built 1914)
• Builder: Context Developments
• Building Type: Mid-Rise condo (Heritage Hard Loft Conversion)
• Suite Sizes: 473 sqft - 4,497 sqft
• Average Price: $1,016 / sq. ft.

2 - Overview of The Loretto

The Loretto stands as an award-winning heritage conversion of the former Loretto Abbey Day School, originally constructed in 1914. Context Developments completed this remarkable transformation in 2007, working alongside Architects Alliance and Quadrangle Architects to breathe new life into the historic structure while adding two additional storeys.

The architecture celebrates Scholastic, Beaux-Arts, and Edwardian Classicism through its preserved original masonry, ornate cornices, and grand Tuscan-columned entrance. The development follows an "ell-shaped" design that seamlessly integrates the restored heritage building with 13 contemporary limestone-clad townhomes, all arranged around a private interior courtyard.

This thoughtful project demonstrates how 1914 institutional architecture can be successfully adapted to meet modern residential standards while supporting transit-oriented urban intensification.

3 - Suite Sizes & Value

The Loretto offers an impressive range of suite sizes from 473 to 4,497 square feet, accommodating everything from efficient urban living to expansive house-scale residences within a managed condominium setting.

Average Price: $1,016 / sq. ft. This pricing represents excellent value within the coveted Annex neighbourhood. The interiors showcase luxury finishes including 10-foot ceilings and rich hardwood flooring throughout principal rooms.

Kitchens and bathrooms feature premium marble and granite surfaces, while many units boast private balconies or terraces. Some of these outdoor spaces are particularly generous, extending to nearly 1,000 square feet of private outdoor living.

4 - Building Amenities & Features

• Fitness Centre: Well-equipped gym facility positioned above the parking garage
• Social Spaces: Dedicated party room and meeting space for residents
• Interior Courtyard: Beautifully landscaped green space created from the original school's recess yard
• Heritage Details: Carefully preserved original wood doors and elegant leaded-glass transoms
• Parking: Secure underground parking garage for resident convenience
• Outdoor Amenities: Seasonal BBQ facilities for outdoor entertaining
• Private Outdoor Space: Individual balconies or terraces available with select units

5 - Location Highlights

• Bloor Street West: Just steps from one of Toronto's premier retail and dining corridors
• University of Toronto: Immediate access to the prestigious St. George Campus
• Cultural Institutions: Walking distance to the Royal Ontario Museum (ROM) and Royal Conservatory of Music
• Greenspace: Easy stroll to Queen's Park with its peaceful walking paths
• Entertainment: Convenient proximity to Hot Docs Cinema and the legendary Lee's Palace
• Historic Significance: Located on Brunswick Avenue, renowned for its literary heritage and stunning Victorian architecture

6 - Lifestyle Near The Loretto

Life at 385 Brunswick Ave is immersed in an atmosphere of academia and literary tradition. The Annex neighbourhood naturally attracts professionals, academics, and creatives who appreciate both the area's rich history and its proximity to the University of Toronto.

The highly walkable location provides effortless access to world-class museums, charming independent cafes, and vibrant arts venues. Residents enjoy a tranquil residential setting while remaining steps away from the commercial energy of Bloor Street West.

7 - About the Developer

Context Developments has built its reputation on thoughtful urban intensification and the sensitive adaptive reuse of historic properties. The company excels at managing complex heritage sites that demand a careful balance between preserving architectural history and meeting contemporary living standards.

For The Loretto project, Context collaborated closely with Architects Alliance and Quadrangle Architects to ensure the 1914 Scholastic building was transformed into luxury residential space without compromising its distinctive historical character. The result exemplifies how heritage preservation and modern development can work in harmony.