A horseshoe-shaped 1950s warehouse in Cabbagetown, said to have been the Beaver Nut Company's, converted in 1988 into nine huge townhouse lofts of 1,700 to 2,600 square feet, one of Toronto's earliest loft conversions.
The building isn't on any fire insurance map up to 1924, and it first shows in aerial photos in 1956, not 1953, so it was built in the mid-1950s around a courtyard. A neighbour remembers it as a warehouse for the Beaver Nut Company, with big trucks coming and going but few workers.
Canadian Opportunity Investments converted it in 1988, early in Toronto's loft era, into nine townhouse-style lofts. Each spreads over three or four floors with a ground-floor garage, original maple floors, a real fireplace, ceilings up to 20 feet and a private roof terrace. They almost never come up for sale.
“It was a peanut factory.” Nuts were probably stored here rather than processed, and the Beaver Nut connection comes from a neighbour's memory rather than records.
Peanut Factory Lofts is at 306 Sackville Street, Toronto, near Sackville & Gerrard E, in Cabbagetown.
It dates from the 1950s. A horseshoe-shaped 1950s warehouse in Cabbagetown, said to have been the Beaver Nut Company's, converted in 1988 into nine huge townhouse lofts of 1,700 to 2,600 square feet, one of Toronto's earliest loft conversions.
Peanut Factory Lofts is a hard loft: an older industrial or commercial building converted into homes, keeping features like brick, beams and big windows.
Peanut Factory Lofts has 9 units.
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