Tag Archives: carlaw
What you need to know before you buy a loft
Buyers are paying big money for lofts, but are they the right fit for you?
David Fleming – TheGridTO.com
We could be talking about boiled eggs, water, or even your chest, but today we’re talking about lofts, and how some buyers prefer their lofts soft while others prefer them hard.
The term loft gets thrown around far too often in Toronto: It seems like the only prerequisites for a condo to be called a loft are a door, a roof, and (hopefully) four walls. Lofts are so popular that the mere use of the word will bring in more interest and more money, so buyers have to be savvy enough to know whether what they’re looking at is the real deal. Perhaps a loft is something different to everybody, but for me, it’s either a conversion from an old non-residential space, or a new-build condo that was made to look like a conversion. Each style has its pros and cons, and each has its fans and opponents.
A building that was converted from an industrial or commercial space, such as an old warehouse or a 100-year-old factory, is a true hard loft. Picture a space with exposed brick walls, timber beams spanning 14-foot ceilings, and majestic windows. On Queen Street West, Candy Factory is home to some of the most beautiful examples in the city, with more brick and beams than almost any loft in Toronto.
These buildings typically have more original character and always come with more history. Some of the best hard lofts in the city tell a story, such as Toy Factory in Liberty Village, which Irwin Toys constructed in the early 1900s. One thing to look out for if you’re considering a hard loft is that developers sometimes keep the historic windows, which can mean out-dated, inefficient thermal nightmares. (Just ask the residents at The Wrigley Lofts on Carlaw Avenue what their heating bills are like.)
Comment: And the Irwin factory was a paper mill before that! Irwin did not build it, they just took it over. And speaking of the Candy Factory, that used to be the Cede factory. Remember “Rockets”? That is where they were made. And the Wrigley Factory is where Double Mint and Big Red were made before they moved to a new facility on Leslie.
A soft loft is a building that was purposefully constructed as housing, but has been made to mimic a hard loft by having similar features like open-concept spaces, high ceilings, large windows, and some of that raw, industrial feel. The explosion of soft lofts began in the early 2000s when the city of Toronto was running out of old buildings to convert to residential condominiums. So developers began constructing lofts anew and marketing them as a more liveable version, with a clean, polished look.
Comment: Those of us in the biz, we call them “condos with high ceilings”…
Soft lofts often have a little more warmth than those converted from commercial space, and since they’re built new, they often have better finishes. A building constructed from scratch can take advantage of advances in plumbing, heating, electrical, and any other system that one erected 100 years ago might lack. East Lofts on Princess Street is a newer example of a soft loft, but the building next door, Abbey Lane Lofts, is one of the most striking soft-loft buildings in the city, as you”d swear the units were indeed hard lofts. It’s tough to get your hands on one, too—there are only 29 units in the building.
Comment: And new soft lofts are protected by Tarion, which conversion are not. Something that needs to be rectified IMMEDIATELY.
Then there are the lofts that are both hard and soft at the same time. This usually occurs where a developer converts an existing structure into lofts but also adds several new floors to the top. The Toy Factory features an original four-storey warehouse converted into hard lofts, with an additional three storeys of soft lofts. The lesser-known Robert Watson Lofts on Sorauren Avenue, near Roncesvalles, also features a combination of the two, as there is an original building fronting on Sorauren and a new red-brick soft loft behind it that looks like a shinier version of the first.
The most passionate loft enthusiasts will think that a true hard loft is the only way to go, and anything else is an imposter. I tend to agree from an aesthetic standpoint, but when it comes to things like sound-proofing, weather resistance, and wear-and-tear, hard lofts often fall far behind. Nevertheless, buyers are still paying big money for lofts, both hard and soft, and with all the cookie-cutter units flooding the market, I see lofts holding their value over the long run.
David Fleming is a Realtor with Bosley Real Estate in Toronto, and author of the best known real estate website in the city: www.torontorealtyblog.com. A constant thorn in the side of condominium developers, David”s sarcastic, opinionated, outlandish thoughts can be read daily, although for some people, that’s far too often.
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Contact the Jeffrey Team for more information – 416-388-1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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The Garment Factory — Authentic Live/Work Lofts
Atria Developments introduced Garment Factory Lofts, a new live/work industrial conversion that will revitalize a former garment factory. Garment Factory Lofts is located in the Queen Street East neighborhood, one that is undergoing an exciting resurgence between Logan Avenue and Leslie Street to form a hip Downtown Toronto East.
This neighbourhood is fast on its way to becoming an urban success story. Garment Factory Lofts is just down the street from the Distillery District, and steps from Leslieville. In the vicinity are eateries such as Verveine and Gio Rana’s Really, Really Nice Restaurant.
Popular nightspots include Barrio, where regulars sip martinis and enjoy tapas-style treats while a DJ spins music on Saturday night. When the proposed changes to the Toronto Film Studio suroundings become reality, that entire area will be home to new retail, residential and live/work housing, adding to the urban tapestry.
Designed by award-winning Core Architects Inc., the eight-storey Garment Factory Lofts meld the original brick façade of the warehouse with modern steel and glass to create a striking whole that is greater than the sum of its parts. The building terraces back begin at the third floor, and are distinguished by an acid green canopy that will grace the entry on Carlaw and extend back into the lobby. Every loft offers a glazed balcony or spacious terrace with amazing views.
The Garment Factory Lofts features 150 lofts comprised of studios, one-bedroom, one-bedroom plus den/workspace, two-bedroom, and two-bedroom plus den/workspace, and penthouses with views of the lake. Priced from just $139,900, these lofts, will range in size from 525 to 1,303 square foot and offer the lowest price per square foot of any authentic loft in the city.
The spectacular model loft by Fleur-de-lis Interior Design Inc. contains examples of the building’s interesting architectural details such as the original fluted columns, ceilings that soar up to almost 12 feet, and large windows. The model kitchen will feature modern Wenge-stained cabinetry, a stone backsplash and island with a stone top. This one-bedroom plus den/workspace also showcases a gas stove, gas BBQ hookup, and an optional gas fireplace.
Atria Developments is known as the creator of i-Zone live/work lofts, located across the street from Garment Factory Lofts. i-Zone was a major catalyst for change in the surrounding neighbourhood, and is now home to artists, filmmakers, photographers, and other creative spirits. The development of the Garment Factory Lofts will bring a further greening to this former industrial neighbourhood with the inclusion of a parkette that backs onto Boston Avenue.
Atria Developments is a family-owned and operated company specializing in the revitalization of former industrial urban areas by renewing existing sites.
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Carlaw’s raw condo power is gritty and industrial
National Post – Alex Newman (www.integritycommunications.ca)
The times they are a changin’ along Carlaw Avenue. Originally a working-class neighbourhood with a score of industrial sites — Wrigley’s, Colgate’s, Wood’s and a host of garment factories — it was said you could find a job just by walking up the street.
But with the manufacturing sector’s demise, the warehouses fell empty, and the narrow rowhouses on adjacent streets started filling with a “lot of multi-family arrangements,” according to Paul Young, who co-authored a 2000 study of the area.
In the late 1990s, however, several things came together at once. Jack Layton was councillor of the Don River ward, Jane Jacobs was vocal about strengthening neighbourhoods, and the city had started receiving a trickle of applications to turn buildings into legitimate live/work spaces.
Resurrecting this neighbourhood, though, meant finding a common focus among the mix of residents — high tech and media arts professionals along with a sizable working-class population.
Naturally, the buildings played a role. “It was an old industrial pocket but the buildings are handsome, and made it quite a desirable area,” especially for people in Toronto’s burgeoning film industry, says urban planner Denise Graham.
It was also the dawning of legitimate live-work lofts for creative types who liked the raw space, big windows and high ceilings. And housing was stable — you couldn’t get kicked out for living in your work space.
When the study came out in 2000 — overseen by Mr Layton — it became a development touchstone. It identified neighbourhood deficiencies such as dimmer-than-average streetlights, and made recommendations about landscaping, parks, public art, heritage preservation, connections to the waterfront and how to improve the livability of Dundas Street.
For developers, the area presented an opportunity. When loft development began on Carlaw, “nobody really knew about the area,” says Brad Lamb, who has marketed two developments (Garment Factory Lofts at 233 Carlaw and Printing Factory Lofts at 201) and developed two others (Work Lofts at 319 and Flatiron Lofts at 1201 Dundas). “It was dead and scruffy-looking, but a lot of people looking for authentic lofts liked the idea of a new-found area.”
That’s when land there sold for $16 to $18 a buildable square foot; prices have now tripled to $40 to $50 per buildable square foot (still low compared to $125/sq. ft. in Yorkville and $80 at King and Cortland).
And with unit prices rising correspondingly — $500/sq. ft. compared to the original $310/sq. ft. — the area inhabitants have changed. Mr. Young recently examined growth patterns for a park process he was facilitating, and found dog ownership was up while birth rates were down. The findings jibed with what he noticed was selling: “a lot of bachelors and one bedrooms … to buyers who are mostly single.”
That’s not exactly news, but it did raise questions about how the neighbourhood was changing, and whether it was still affordable. But affordability is a complicated issue and depends on land costs, finishes and unit size. While earlier developments benefited from cheap land, they got fewer breaks on height and density.
The neighbourhood was a mix of mid-rise industrial and two-storey residential, so new construction was meant to be a buffer. Although the height limit on Carlaw is 18 meters, or about six storeys, developers have successfully appealed for increases — the Flatiron Lofts, for example, is 11 storeys on Carlaw and 10 on Dundas. And on the north side of Dundas, The Carlaw will have 10 storeys on Dundas and 12 on Carlaw, plus a row of townhomes along Boston (they’re launching in a subsequent phase).
The changes in density and height allowance indicate to Mr. Lamb that the “area is due to intensify.” Given the available industrial land, the pressing need for housing and the city’s directive for intensification, he anticipates the next buildings may be higher still.
But the city wants something in return. When Mr. Lamb first bought on Carlaw, he says he was told by councillor Paula Fletcher that these were “employment lands, and we’re not crazy about condos, so you have to offer employment back to the city.”
With the area’s job base changing — Mr. Lamb believes the notion of an artist population is false — most of the newer projects must include an employment component. The second floors at Worklofts and Flatiron Lofts, for example, have business centres with boardrooms and washrooms. And from what he’s seen, the buyers are not artists, but dentists, lawyers, media types and small businesses.
Though Flatiron has almost sold out its 80 suites, about 35% of raw commercial space is left. It’s not expected to last, especially in the 400 to 500-sq.-ft. range, Mr. Lamb says, because there’s a “huge market for small-business space.”
With so much change afoot, there’s a feeling of excitement. And design reflects this, especially with the level of design skill seen in the new buildings, by architects skilled in grafting modern skins — of glass, brick and steel — on to older industrial brick bodies.
The Carlaw is grounded with brick at both Carlaw and Dundas ends. Using brick, explains Prish Jain, the building’s architect, “is meant to speak to the industrial heritage of that neighbourhood, speak to the existing character.”
The building’s large expanses of glass also “look forward and upward and be the urban building that it is,” Mr. Jain adds. “It’s not enough to suggest historic, you also need to look forward by using modern materials, like the glass curtain wall facing downtown.”
Across the street at the Flatiron Lofts, Core Architects was hired to deal with the “strange” jogging intersection at Dundas and Carlaw. Their concept — a modern take on the flat iron — was to accommodate the pie-shaped lot (a former gas station) as well as the intersection.
The Printing Factory Lofts (at Queen and Carlaw) took a preservation approach, resurrecting the warehouse by retaining its original height at street level, and inserting a new-build mid-rise condo into the middle. At the Garment Factory Lofts, authentic loft spaces with concrete floors and huge windows comprise the original four floors, but the top four floors are new with glass, steel and brick.
Worklofts, a new-build warehouse, has four floors in grey-purple American brick meant to blend with the street’s industrial look, while the upper seven floors — stepped back — are a lighter glass and aluminum.
Design can also foster more street-level presence. Although much has changed since the 2000 study, its design recommendations are still motivating developers.
Streetcar CEO Les Malen, for example, was inspired to create an 11,000-sq.-ft. public lobby and courtyard at The Carlaw in an attempt to relate to the street, and encourage greater community engagement.
Mr. Malen is currently in negotiations with groups who will take responsibility for the public space. The ideas for its use are endless: community events such as fashions shows or art exhibits; seasonal retail — the pop-up trend — for Halloween costumes, or winter sporting goods; an inside farmers market — like the St. Lawrence Market — but with the option of spilling outside into the courtyard.
The concept, says Mr. Malen, is not “unusual downtown, but it is for the east end.”
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Contact the Jeffrey Team for more information – 416−388−1960
Laurin & Natalie Jeffrey are Toronto Realtors with Century 21 Regal Realty.
They did not write these articles, they just reproduce them here for people
who are interested in Toronto real estate. They do not work for any builders.
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