iZone Lofts
Hard Loft

iZone Lofts

1159-1173 Dundas Street East / 326 Carlaw Avenue, Toronto  ·  Near Dundas W & Carlaw
Leslieville  ·  Est. 1929

A sprawl of two- to four-storey factory buildings at Carlaw and Dundas, built from 1929 for Crown Cork & Seal, the bottle-cap maker. Rented out as live/work studios from the late 1990s and turned into about 100 condo lofts by Atria in 2003, with ceilings up to 30 feet.

History of iZone Lofts

The land was part of the huge lot Phillips Manufacturing, a picture-frame and mirror company, bought along Carlaw in 1906. The i-Zone buildings themselves went up later, for Crown Cork & Seal. The Baltimore company was founded in 1892 when William Painter patented the “crown cork,” the crimped metal bottle cap still used today, and its Toronto plant made caps for the city's bottlers. The City's heritage report dates the first building to 1929, with a four-storey wing added around 1954 to 1965 that carried the plant through to Dundas Street. Like Wrigley across the road, Crown Cork moved out to a bigger plant in the 1960s.

In the mid-1990s Gyan Jain, an engineer who had come to Canada from India in 1964 and had been buying up old warehouses on Carlaw, bought the building with his sons for $1.25 million. There were giant tarps strung inside to catch the leaks. After a year of demolition and repairs they rented it out as live/work units to photographers, artists and small businesses, and in 2003 their company, Atria Development, turned the rentals into condominiums.

Because it grew in pieces, the complex has three addresses: 326 Carlaw and 1159 and 1173 Dundas East. Inside it still feels like a factory, with steel doors, concrete floors and long industrial corridors. The roughly 100 lofts run from about 500 to over 3,000 square feet, many with mezzanines, skylights and ceilings as high as 30 feet, and most upper units can build a private roof terrace. It is properly zoned live/work, so some units are businesses that close up at night.

Stories you'll hear

“It was a bottling plant” or “a knitting mill.” Crown Cork & Seal made bottle caps, not drinks. The knitting-mill story probably comes from the Reliable Toy doll factory next door, which had its own knitting mill for doll clothes.

Market snapshot
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101 total units
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iZone Lofts: building profile

$709
avg sold price per sq ft, 2026
$0.64
typical maintenance per sq ft, monthly
900–2,249
typical unit size, sq ft
39 days
average time to sell, 2026
$4,750
average rent per month, 2026
72%
of units listed came with parking
YearSalesAvg $/sq ftDays to sellAt or over askingLeasesAvg rent
2026*5$7093920%6$4,750
20259$8513022%8$5,039
20241———0—
From MLS® records available through TRREB. *2026 so far. A dash means too few deals that year for a fair average. Prices for each unit are in Sold & Leased above.
Condo corporation
TSCC 1442
Property management
Nadlan Harris Property Management Company
Pets
Allowed, with restrictions
Maintenance includes
Heat, Water, Common Elements, Building Insurance, Parking
Typical maintenance
$642 to $1,358 per month
Unit mix
12 × 1 bed, 12 × 2 bed, 1 × 3+ bed (units seen on MLS)
Rooftop Deck/GardenParty Room/Meeting RoomVisitor Parking
Location

iZone Lofts: quick facts

Where is iZone Lofts?

iZone Lofts is at 1159-1173 Dundas Street East / 326 Carlaw Avenue, Toronto, near Dundas W & Carlaw, in Leslieville.

When was iZone Lofts built, and what was it originally?

It was built in 1929. A sprawl of two- to four-storey factory buildings at Carlaw and Dundas, built from 1929 for Crown Cork & Seal, the bottle-cap maker.

What kind of loft is iZone Lofts?

iZone Lofts is a hard loft: an older industrial or commercial building converted into homes, keeping features like brick, beams and big windows.

How many units are in iZone Lofts?

iZone Lofts has 101 units.

What are the maintenance fees at iZone Lofts?

Maintenance fees at iZone Lofts are typically about $0.64 per square foot per month, or roughly $642 to $1,358 a month depending on the unit. Fees usually include heat, water, common elements, building insurance, parking.

Are pets allowed at iZone Lofts?

Yes, with restrictions set by the condo corporation.

What amenities does iZone Lofts have?

iZone Lofts amenities include rooftop deck/garden, party room/meeting room, visitor parking.

Who manages iZone Lofts?

iZone Lofts is condo corporation TSCC 1442. It is managed by Nadlan Harris Property Management Company.

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