Robert Watson Lofts — Real Lofts are Rare
Did you know that less than 1,500 converted industrial lofts exist in Toronto versus over 100,000 regular condos! “Less than 2% of the condo supply are real lofts,” states Brad J. Lamb, president of Brad Lamb Real Estate Ltd.
The most difficult thing to find in the resale real estate market is an authentic loft Existing lofts in the Candy Factory Lofts, Liberty Lofts, Merchandise Building Original Lofts, and other real loft buildings sell in days, when they are available, and usually at or above asking price with multiple offers.
It’s the law of supply and demand. Due to the lack of warehouses and industrial properties available for conversion, true lofts in Toronto seem assured to substantially increase in value.
The Robert Watson Lofts are almost completely sold out, with an average of nine loft sales per month. Construction started in the spring of 2005 when the building permits were available.
Strong demand for certain popular models and prices are expected to cause a rise in prices again within the month. Once construction is completed, prices of all units are expected to increase.
Why are the Robert Watson Lofts so popular?
The vintage building fronting on Sorauren Avenue is the century-old Robert Watson Candy Factory warehouse that is being restored and converted into lofts. It is one of the few authentic loft conversions in the city.
With exposed century-old brick, wood ceilings and columns, and 10 to 16 foot ceilings, the project stands out as one of Toronto’s finest authentic loft conversions ever. It is loaded with spectacular raw finishes.
The new authentic loft building is a six-storey loft building with high ceilings, polished concrete floors, exposed concrete columns, and expansive glass window walls with spectacular views.
Features of both buildings include a landscaped courtyard, creative amenities, storage spaces, and parking facilities.
Located in Toronto’s hot new Loft District near Roncesvalles Avenue – the west end destination avenue!
Roncesvalles Village is brimming with life and rich, diverse culture, and with a quaint mix of trendy restaurants, coffee shops, convenient stores, and furniture shops, the Robert Watson Lofts is poised to be Toronto’s new Queen West.
You owe it to yourself to experience first-hand the neighbourhood of Roncesvalles Village, a vibrant expanding district in Toronto’s new urban tapestry where you can enjoy life in the unique environment provided at the Robert Watson Lofts.
The best thing about the Robert Watson Lofts is that the prices start at a very affordable $164,900. There are still a number of lofts available under $229,000. Come by and visit the sales centre and see why the Robert Watson Lofts have been selling so fast.
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Contact the Jeffrey Team for more information
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