Join the Class at the Schoolhouse Lofts
The Schoolhouse Lofts is one of those Toronto loft conversion projects that comes along once or twice in a lifetime. Intimate in scale and number of suites, it preserves historic original architecture and adds stylish contemporary interior design to make this development unique in Toronto and precious in the Bloor/Annex neighborhood. Often, these gem like structures fall into the hands of a ham fisted developer unaware of the intricacies of honoring history while at the same time embracing the here and now, well not this time.
With the demand for premium Bloor/Annex/Yorkville condominiums vastly exceeding the supply, pricing for built stylish product has reached $600-$1000 per square foot. You just need to look around to see why. The freehold housing stock is in extremely short supply with less than 200 homes being sold each year with virtually every sale experiencing multiple offers. It’s been that way for years.
The actual stock of Annex housing will remain flat; just how many homes are getting built in the Annex per year? (less than a dozen). Additionally, how many condos can be built in this neighborhood when it is not possible to buy a few homes, and demolish them to build a building? Could you imagine the hue and cry from the neighborhood? The Annex neighborhood will experience extreme price increases over the next few years as virtually nothing new gets developed and the resale supply remains tight.
With just 14 luxurious lofty homes being offered for sale (5 are currently sold), the sun will soon have set at The Schoolhouse Lofts. Once they’re gone, nothing like them will be seen again. Homes range from 1,032 sq ft to 2,092 sq ft. An incredible range of one bedroom plus den, two bedroom, 3 bedroom and penthouse’s are available. Parking is underground and protected. Your home is surrounded by a bed of green, smack dab in the middle of downtown’s most popular and livable neighborhood. Prices are considerably below the prevailing marketplace.
Interior design work has been done by Toronto’s designer of the year, 3rd Uncle Design. 10-foot-high ceilings, concrete block party walls, custom stairs, custom kitchens and baths, stainless steel kitchen appliances, full size washer and dryer and every conceivable luxury material round out the finishes in these luxury homes. In development it’s the little things that mater, and at The Schoolhouse Lofts the little things have been attended to.
So, if you want to live in a faceless, soulless, massive, badly designed concrete high-rise, located on a busy hub, then The Schoolhouse Lofts is not for you. However, if you’re looking for a nice transition from a home into an intimate building located in a true city neighborhood, on a quite Annex street where attention to history, architecture and design are the guiding focus, come and see what The Schoolhouse Lofts to offer.
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