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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.

—————————————————————————————————–
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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    Con­tact the Jef­frey Team for more information


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  • Carlaw’s raw condo power is gritty and industrial

    National Post – Alex New­man (www​.integri​ty​commu​ni​ca​tions​.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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