District Profile – The Rise of Mid-Toronto (Yorkdale, Castlefield & Caledonia)
Over the last couple weeks, we have been profiling this amazing Mid-Toronto Industrial Area, otherwise known as the Castlefield & Caledonia Design District.
Today and looking forward, the most notable changes that we are seeing come from the following three areas – which we covered in previous articles – but let’s do a quick recap:
- Mixed Use Residential – Redevelopment of the Yorkdale Mall site and mixed-use projects along Dufferin Street from Hwy 401 to Lawrence Avenue.
- Retail Warehouse Projects – Conversions of a number of industrial sites to new showrooms for Muti Kitchen and Bath, Import Temptations, Elte, Gingers, Shelter Furniture, Imperial Carpet and Home, Barrymore Furniture, and The Art Shoppe as well as the highly anticipated, brand-new addition of the Maison Corbeil showroom in Spring 2019.
- Self Storage Facilities – Development of new sites for Apple Self Storage on Bridgeland Avenue, Dymon Storage on Dufferin Street, and Peerage Storage on Fairbanks Avenue, just off of Castlefield Avenue.
Looking to move to Castlefield & Caledonia’s Design District and be among these top retail warehouse showrooms?
If so, then you’re in for a treat, because right now there is an opportunity to acquire an established furniture retailer…
Perfect for someone looking to get into the Design District and benefit from the exposure, traffic, and a ready-to-go showroom.
History & Overview of the Castlefield & Caledonia Design District, Toronto
More than thirty years ago, a number of high-end retailers started entering the area, demanding an increase in net rental rates and higher valuations.
From Elte’s landmark 100,000 sq. ft. space to Import Temptations, and from Ginger’s to Imperial Carpets & Home, it truly is the place to be or expand to if you operate, own, or are looking to acquire a retail warehouse showroom.
Elte Store on Ronald Ave. – Credit to blogTO’s article on Elte
188 CARTWRIGHT AVENUE, TORONTO – UNDER DEVELOPMENT
NEW HOME OF MAISON CORBEIL – OPENING SPRING 2019
Maison Corbeil will be opening their first showroom in the Greater Toronto Area in Spring 2019. They offer a large selection of contemporary furniture, exciting home decor, accessories, and exclusive furniture collections.
188 Cartwright Avenue – Credit Cushman & Wakefield
71 KINCORT STREET , TORONTO
THE ART SHOPPE
A Toronto icon since 1936, the Art Shoppe is one of the largest high end furniture store in Toronto. The Art Shoppe features the finest home furnishing collections from around the world. The Art Shoppe’s beautiful display of fine furniture is showcased in a luxurious 70,000 square foot showroom in its new location.
71 Kincort Street – Credit The Art Shoppe
1177 CALEDONIA ROAD , TORONTO
IMPERIAL CARPETS AND HOME
The finest and largest international manufacturer’s rug gallery in the world is located on Caledonia Road just north of Lawrence Avenue West. The showroom has a unique concept of displaying rugs organized by price range, sizes and collection.
1177 Caledonia Road – Credit Imperial Carpets & Home
188 BENTWORTH AVENUE, TORONTO
IMPORT TEMPTATIONS
Import Temptations is a family run company that was established in 1983. This beautiful showroom offers a fine selection of furnishings, lighting, and accessories that have been assembled through many years of relationships with European and North American artists and craftsmen.
188 Bentworth Avenue – Credit Import Temptations
95 RONALD AVENUE, TORONTO
GINGERS
Ginger’s is a high end, luxury bath and kitchen store which carries unique bath fixtures, lighting and accessories.
95 Ronald Avenue – Credit Gingers
26 DUFFLAW ROAD, TORONTO
M2 TILE & STONE
A retailer of glass, stone and porcelain tiles located in the heart of Toronto’s dynamic Design and Décor District, M2 Tile & Stone’s selection of leading-edge styles from around the world transform living and work spaces into inspiring places.
26 Dufflaw Road – Credit M2 Tile & Stone
885 CALEDONIA ROAD, TORONTO
SHELTER FURNITURE
Shelter Furniture specializes in a modern, mid-century, contemporary furnishings and accessories.
950 LAWRENCE AVENUE WEST, TORONTO
CENTURA
Since its foundation over 80 years ago, Centura has maintained a clear, guiding mission: to provide its clients the very best in wall and floor coverings. Centura’s dedication to this mission is evident in wide selection of innovative products, each carefully selected and curated to meet exceptionally high standards. With 14 branches across Canada, each with its own distinctive vision and an expansive range of innovative products, Centura has honed its technical expertise and amassed an extensive knowledge of different markets.
Presenting The Off-Market Opportunity
Take a peek below at this ready-to-go retail warehouse showroom, in the heart of the Design District.
Please give us a call for more information.
Goran Brelih and his team have been servicing Investors and Occupiers of Industrial properties in Toronto Central and Toronto North markets for the past 25 years.
For more information on GTA Industrial Real Estate Market or to discuss how they can assist you with your real estate needs please contact Goran at 416-756-5456, email at goran.brelih@cushwake.com, or visit www.goranbrelih.com.
