Lofts at Five Nine on Richmond
The nouveau loft building Five Nine on Richmond will incorporate cutting-edge designs and technology - from a “floating” penthouse to a car-stacking system - in the King Street West neighbourhood.
The ten-storey structure of glass, steel and concrete will feature a minimalist two-storey lobby, and each loft-style unit will have exposed concrete walls and floor-to-ceiling windows. The “floating” penthouse will extend out from the building on two sides.
Only 20 of 52 units have been purchased thus far, largely because of earlier complications in finalizing the height of the building, according to Robert Spindler, who is part of the Five Nine on Richmond sales team.
But he says they are starting to promote the building to young downtown business types, singles and couples.
“With 1,300 square feet maximum, it’s not really enough space to have a family,” Mr. Spindler says. “It’s for people who like to get out. And we keep the maintenance fees low so they can live in a cool, sexy little loft.”
Buyers can personalize their lofts, which will range from a one-room studio space, to an unconventional T-shaped apartment, or a two-storey penthouse.
Stainless-steel appliances will be paired with stainless-steel, custom-built cabinetry and millwork by the award-winning team, Burdifilek Interior Design.
Designers are taking an industrial-style approach, featuring sliding barn-style doors for bedrooms and slab-style doors with brushed chrome hardware for other parts of the suite.
Contemporary features will include hardwood flooring, natural stone countertops, undermounted sinks and halogen track lighting.
Every unit at Five Nine on Richmond will have a stacked washer and dryer, controlled heating and air conditioning, and ceiling-mounted stereo speakers in bathrooms. A high-speed wiring infrastructure will allow for up-to-date communication and entertainment systems.
There is an additional $20,000 cost to park in the building’s stacker system.
Project: Five Nine on Richmond
Location: 533 Richmond Street
Builder: 59 Developments Inc.
Square footage: 476 to 1,300
Price: $157,900 to $459,900
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