Tag Archives: heritage preservation
Wacky real estate stories that hit home in 2012
Susan Pigg – Toronto Star
It’s the stuff of water-cooler conversations, dinner party drinks and rants over the backyard fence.
Few things have the power to entertain – and enrage – like real estate.
If 2011 was the peak of Toronto’s condo boom, 2012 was the start of the slowdown, with the GTA housing market now heading into an uncertain 2013.
Comment: Yes, 2012 slowed down to a more normal pace. Once that is higher than the 5-year average before the crazy records of 2011. 2013 will see highs, with prices and volume above recent 5- and 10-year trends. So slow…
But all that angst about the future doesn’t take away from some wacky real estate wonders of 2012.
GARAGE OF GOLD
It was far more than just a decrepit Roncesvalles garage with its own address and outrageous $99,999 price tag. The collapsing structure became symbolic of a housing market that had become almost too hot to touch.
Comment: Except it did not sell. Making it only symbolic of one man’s greed, trying to get a price double or triple what the property is worth. Mind you, if the City was not so bass-ackward when it comes to laneway housing, this garage might actually be worth something.
Realtor Nick Kourakos says he had “several offers” and queries from three architects after listing the 16-by-12 foot laneway property on the MLS last spring. One person offered $85,000, says Kourakos, for the graffiti-covered garage which comes with its own unusual address – 81 Rear Lynd Ave.
All the offers were conditional on city approval to build on the stand-alone property, says Kourakos, which wouldn’t be standing at all if it wasn’t for the rolled-up rug, scrap lumber and aluminum fishing boat that have kept the fragile walls upright through storms and Hurricane Sandy.
Kourakos was looking for clean, not conditional, offers on the property, which he bought for $12,000 as an investment four years ago. And he’s paid the price, acknowledging that the big-money days are gone, at least for a while.
Comment: Who is going to buy it without knowing they can build there? That is why the offers are conditional. And seeing as no one has come in clean, anyone who has done thei homework has found that they cannot do squat with the land.
“I’m still looking for that one person who wants an address in this area,” says Kourakos, who’s now willing to take $79,000.
BRIDLE PATH TENT SALE
It turned out to be a circus, all right – more than 300 people huddled under big white tents on a cold rainy day in October as Ritchie’s auctioned off South Sea pearls, Hermes purses and, supposedly, a Park Lane Circle luxury home.
Three bids were registered on the five-bedroom teardown or, more precisely, on the one-hectare private enclave on which it sits in one of Toronto’s toniest neighbourhoods, according to Ritchies.
But two months later, the house is still going, going, but far from gone.
The two final bidders, one offering $5.3 million and the other $5.4 million, have walked away after a nearby property went for under $5 million.
The biggest winner, it turns out, was Ritchies, which has been recruited by about a dozen other homeowners keen to avoid weeks of open houses and obsessive cleaning for – with any luck – a one-day sale.
“Most of the homes are not going to be of this value, but they’ll be simpler because we won’t be taking bids from China and other international buyers,” said Ritchies managing director Kashif Khan.
“But we’re not doing them until closer to spring. I think I’ve still got frostbite from the last one.”
CABBAGETOWN LANDMARK
The property at 2 St. James Court is a far cry from a historic property. It’s really a concrete bunker that has become such a Cabbagetown curiosity that it’s now a stop on Cabbagetown walking tours, says a neighbour.
Last August 7, city officials finally pulled the building permit on the house that nobody wants: It has no front door, has enraged neighbours and is a real reach from the 1860s livery-turned-historic-house that once stood on the site and that owner Norm Rogers was obliged, under the city’s heritage preservation laws, to replicate.
Rogers has been trying for almost a decade to build a bigger home on the 28-foot wide by 61-foot deep lot, 9.5 feet of which is a right of way which, until the city stepped in last summer, had been blocked by construction material.
Comment: All I can say is he is a bad bad man for tearing down something so lovely and leaving such a steaming pile of… concrete in its place. He should be forced to rebuild, or pay for the city to do it. One by one, this is how our city heritage is destroyed.
The building, while unsightly, has at least been cleaned up. Rogers is in Florida until January and considering where to go from here.
“I’m never going to quit. You can use that as your headline,” said Rogers in a phone interview. “I’m just going to have to apply for a new permit.”
THE ADVENTURE CONTINUES
Artist and house hunter Samantha Turnbull had spent a year looking for something different. She found it on Toronto’s east-end Coxwell Ave. and was so determined to have a house unlike anyone else’s, she offered more than $125,000 over the $349,000 asking price for the crazy 800-square-foot cube house on stilts.
The sale freed up a little cash and creative energy for its designer, Toronto alternative architect Rohan Walters, who’s done it again. This time he’s built a 2-1/2-storey concrete block home at College St. and Lansdowne Ave. on what used to be a 37-by-10-foot driveway.
The recently completed project is yet more proof from Walters that housing can find its place in unique spaces. He’s made it his life’s mission to create comfortable, environmentally sound homes where no one else dares tread.
This newest house – which he’s renting out as he once did the Coxwell cube house – truly hits home for Walters. It’s attached to the studio house he built for himself and his family back in 1996 on a triangular piece of derelict land that was once home to a Mediacom billboard.
Comment: Bravo! Can we clone Mr. Walters a couple hundred times?
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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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A bolder and more balanced Toronto
Jayme Poisson – Toronto Star
A new planning research report that recommends, among other things, pedestrian-only streets, is painting a vision for the city that could help its future growth.
Commissioned by Etobicoke-Lakeshore Councillor Peter Milczyn, an architect by profession, the Balanced and Bolder report came in for discussion in a city committee Thursday and will influence this year’s review of Toronto’s Official Plan.
A key issue in the report, which takes stock of what other countries are doing, is finding a better balance of mixed-use development, which combines residential and commercial space. Some good Toronto examples include the new North Toronto Collegiate high school, which sits below a 24-storey condo tower, and the Shangri-La hotel, which when finished will also house condos.
Toronto is doing “not nearly enough” of such development, Milczyn said. “We’re doing phenomenally well in attracting residential development, but extremely poorly in attracting new office and commercial development.”
London, England, for example, requires 25% commercial use in certain projects.
Another recommendation is to put in place planning rules designed to promote more intense development along new transit lines, such as the upcoming Eglinton-Scarborough Crosstown LRT line. Hong Kong, Madrid and Vancouver offer some models.
The report also suggests improved incentives for heritage preservation and turning “dead” urban alleyways into welcoming, beautiful corridors.
Councillor Adam Vaughan (Trinity-Spadina) said many of the report’s recommendations have been happening in his ward for several years, but on an ad hoc basis. He’s hopeful they’ll be enshrined in the Official Plan, which contains land use policies that govern how the city grows.
“We’ve become very good at adding buildings, (but) we have surrendered our ability to build better neighbourhoods,” he said.
The report’s survey of urban planning visions around the world includes Copenhagen, which aspires to be the “eco-metropolis of the world,” and Auckland, the “most livable city.” Milczyn said Toronto’s vision could be “the best big city to raise a family,” with great schools, health care, parklands and work space.
The “million dollar question,” according to Andre Sorensen, an associate professor at the University of Toronto who specializes in geography and urban planning, is: “Do we have the capacity to actually be proactive about planning?”
He said the city’s planning department has been gutted by retirements and lack of new hiring over the last few years, resulting in a serious shortage of planning resources.
Milczyn said the Official Plan guides development and growth in the city, which is initiated and financed by the private sector.
As to the growth that will occur, he said, “we can put in place some rules to direct it more properly.”
STEPS TO A MORE VIBRANT CITY
• More mixed-use development, such as offices and condos together
• More multi-use intense development along transit lines
• Pedestrian -only streets
• Reclaiming “underutilized” spaces such as alleys and making them beautiful
• Well-designed lighting to make nighttime spaces inviting and creative
• Incentives for preserving heritage buildings and corridors
• Encourage “iconic” and “identifiable” buildings at certain places in the city, such as transit stops
• Create a competitive design process for major projects
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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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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.
———————————————————————————————————————
Incoming search terms

















