“Converted loft” probably tops the list of every downtown-dwelling young professional’s real estate dream.
You know, something exactly like this.
Photographer Kim Bellavance recently caught up with Katie Burkard of luxury real estate agency Engel & Völkers to get a glimpse of one of Vancouver’s most stunning properties in historic Gastown.
The revived neighbourhood is very dynamic, featuring world-renowned restaurants, incredible shopping, ideal cafes for people-watching, and of course beautiful architecture. Even in area as eclectic as this, the Koret Building stands out.
Built on seven lots in 1909, the brick, stone and old-growth timbers housed an uncharacteristically large (150,000 sq ft) warehouse space for a large-scale importer and distributor of hardware and building supplies. Fast-forward to 2004 Worthington Properties embarked on a proper loft conversion with dreams of SoHo’s Meatpacking District and London’s Docklands.
“Vancouver doesn’t have too many heritage conversion lofts. The Koret is a very unique building for a lot of reasons. First, the developer was able to maintain so many original aspects of the building within the loft suites,” explains Katie.
“Some are split level where an old staircase used to be. Some other units have the old door-archways cemented into the walls and most of the condos have gorgeous fir beams throughout. The PH floor that we visit today was an addition to the original building, allowing a developer to do high ceiling, terraces, lots of windows and private rooftop patios, on some. It’s also dual zoning, meaning it can be used both for residential and commercial use.”
The space has a wide open feel as soon as you step inside. A 40-foot long terrace stretches the length of the entire north-facing side, providing a beautiful view onto the North Shore. The terrace is accessible by two big sliding doors. During the winter, the wall of floor-to-ceiling windows perfectly frames the snow-capped mountains and harbour.
Those who are fortunate to call Gastown home represent a wide demographic spectrum.
“Another thing I love about this building is that the demographic is across the board. You have families with children, downsizers, corporate offices, students, DINKs (double income, no kids) and working professionals in the area,” says Katie.
We assume you’re thinking about making a move to Gastown by now – here’s where you can find out how realistic that is.