Historic Gooderham Building on the market until the end of the month.
One of Toronto’s landmark buildings is up for sale: the Gooderham Building, a.k.a. the Flatiron, in St. Lawrence Market. Opened in 1892, the building was designed for the Gooderham family to house the offices of the Gooderham and Worts distillery; the family sold the building in the 1950s. It is currently owned by Woodcliffe, which specializes in heritage properties. The Flatiron received heritage designation in 1975, and underwent a major restoration in the ’90s.
According to the press release issued this morning, Woodcliffe decided to put the Flatiron on the market because the office portion of the building has been entirely freed up—so a new owner would have more control over how the building is used. “This presents an opportunity for a company to own and occupy one of the most iconic buildings in Canada,” commented Woodcliffe CEO Eve Lewis, and that’s a pretty fair assessment. Certainly, it would make one of the niftiest headquarters around for a company that could use the space (19,193 square feet, to be precise) and treat it well.
Bids close October 27.