Good things come in small packages
Excerpt from an article by Diane Tierney - Toronto Star
Living on Queen Street East in the Beaches area has always drawn a hip, young crowd of homeowners.
The Beach House Lofts condominium project, developed by Streetcar Developments, is a four-storey, 10-unit loft building that will set out quickly because of its private intimate atmosphere as well as its Beaches location.
Brad Lamb says: “This is the second loft project done by Streetcar Developments. They built Academy Lane Lofts that is next door, which is another small-scale building. It used to be an old bowling alley. Suites at Beach House Lofts range from $199,900 to $599,900 and from 615 to 1,763 square feet. All of them have either a balcony or a terrace.”
These are true hard lofts with mezzanines and high ceilings, he says, “The ceilings are 17-feet high and have some skylights. This project is more original than most in this area and has real loft features, such as the industrial-style, modern architecture and lots of glass because of the large windows.”
“What’s great about this project is that there aren’t a lot of developers doing these small loft buildings any more. Profits aren’t usually big enough in small buildings for big developers. This developer decided to build a small building anyway and does really good quality work as anyone can see by the Academy Lane Lofts,” Mr. Lamb says.
“Generally, the buyers who are interested in this site are people who already live in the Beaches area. They ant to move out of their houses but still want to live in the neighbourhood,” Mr. Lamb says.
“These condominiums are a little different than the typical east-end condominiums you see around here.”
For buyers with vehicles, there is a stacking system that allows residents to have a parking spot for a rental fee. These stacking systems are becoming more common throughout Toronto and resemble bunk beds for cars. The developer used these for the Academy Lane Lofts project.
———————————————————————————
Contact the Jeffrey Team for more information
