Stockyard Lofts
A three-storey brick factory near St. Clair and Keele, built in 1890 by the Auston Manufacturing Company to make laces and braids, later A.J. Gillies Manufacturing and then the Prescott Hide leather business. Converted in the late 1990s into 27 lofts with Douglas fir posts and beams and original pine floors.
History of Stockyard Lofts
In 1890 the Auston Manufacturing Company put up a three-storey brick factory on the east side of what was then Campbell Avenue, just north of St. Clair and west of the Grand Trunk tracks. Two of its officers were Junction real estate dealers. By 1891 it had 50 workers making braids, cords and laces for boots, shoes and corsets, plus carpet warp, twine and rope, for customers across Canada.
It became the Worsted and Braid Company of Toronto in 1894 or 1895 and the Laces and Braid Manufacturing Company in 1897. Rescued from bankruptcy by the wealthy Gillies family, with Alfred J. Gillies managing the plant and Ida Gillies keeping the books, it became A.J. Gillies Manufacturing, and by the 1940s it was the only survivor of the companies that set up in the area in the 1890s.
With the stockyards and abattoirs of St. Clair and Keele nearby, the building turned to leather: the Prescott Hide name appears in 1952, followed by Universal Fur and, in 1966, a chemical laboratory. In the late 1990s it was converted into 27 lofts, first called Studio One and then Prescott Studio Lofts. They run from about 500 to 1,100 square feet, with 11-foot ceilings, Douglas fir posts and beams, exposed brick and restored pine floors, and some have spiral stairs up to private roof decks.
Stories you'll hear
“A tannery built in 1910.” It was built in 1890 to make laces and braids; the leather came later.
Stockyard Lofts: building profile
| Year | Sales | Avg $/sq ft | Days to sell | At or over asking | Leases | Avg rent |
|---|---|---|---|---|---|---|
| 2026* | 2 | $698 | 77 | 50% | 2 | $2,500 |
| 2025 | 0 | — | — | — | 2 | $2,450 |
- Condo corporation
- MTCC 1199
- Property management
- Nadlan-Harris Property Management Inc.
- Pets
- Allowed, with restrictions
- Maintenance includes
- Common Elements, Heat, Hydro, Water, Building Insurance
- Typical maintenance
- $548 to $702 per month
- Unit mix
- 6 × 1 bed (units seen on MLS)
Stockyard Lofts: quick facts
Where is Stockyard Lofts?
Stockyard Lofts is at 121 Prescott Avenue, Toronto, near Prescott & St. Clair W, in Earlscourt / Carleton Village.
When was Stockyard Lofts built, and what was it originally?
It was built in 1890. A three-storey brick factory near St.
What kind of loft is Stockyard Lofts?
Stockyard 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 Stockyard Lofts?
Stockyard Lofts has 27 units.
Are there units for sale at Stockyard Lofts right now?
As of November 8, 2026, 0 units are for sale and 1 for lease.
What do units at Stockyard Lofts sell for?
Recent sales averaged about $698 per square foot, based on 2 sales in the past 8 months.
How many units have sold or leased at Stockyard Lofts recently?
In the past 2 years, 2 units have sold and 4 leased at Stockyard Lofts. Sold and leased prices are listed on this page.
What are the maintenance fees at Stockyard Lofts?
Maintenance fees at Stockyard Lofts are typically about $0.74 per square foot per month, or roughly $548 to $702 a month depending on the unit. Fees usually include common elements, heat, hydro, water, building insurance.
Are pets allowed at Stockyard Lofts?
Yes, with restrictions set by the condo corporation.
What amenities does Stockyard Lofts have?
Stockyard Lofts amenities include visitor parking, community bbq.
Who manages Stockyard Lofts?
Stockyard Lofts is condo corporation MTCC 1199. It is managed by Nadlan-Harris Property Management Inc..
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