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Tag Archives: historical buildings

Has Toronto’s Condo Boom Gone Too Far?

TheRedPin

According to a story by blogTO, about a hundred residents at a recent public meeting expressed their frustration about Minto Freed’s proposed condo project in the Wellington and Niagara neighbourhood. They are concerned about the possible negative impact the proposed building will have on their historic neighbourhood as well as the traffic it will cause. The developer’s proposed project will be 81 meters high with over 600 units, adding over a 1,000 vehicles to the neighbourhood. There is also going be a series of retail units as part of the project.

The meeting, also attended by the developer’s representatives and councillor Adam Vaughn, was a lively one with at times irate residents wanting to put a stop to this. One resident whose main concern was about the culture of the area, accused the developer saying: “just because it’s made of bricks doesn’t mean it’s Victorian.”

Despite the rage from the citizens however, the main organizers’ goal wasn’t necessarily to put a stop to the development altogether. According to the Grid, they want “to work together with Minto Freed to build a sustainable community…. we think this is a great opportunity to have a lower-scale development that will fit with our area which is mixed use—it has a lot of beautiful old historical buildings”

The question here is whether we have gone too far with the number of new condo projects being built around the city. Is there a fine line between Toronto the old and the Toronto that is the financial centre of the country trying to compete with larger metropolitans such as New York and Chicago? Leave us comments with your thoughts.

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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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Toronto Loft Living

For many, moving to an urban apartment is about tapping into the excitement and cultural opportunities of the big city and can also mean a shorter commute to work. But finding a place in the city can mean sacrificing the larger living spaces found in the suburbs or country. Increasingly, urban dwellers are finding that loft apartments offer the location and opportunities of city life with far more space than average condos or apartment homes. What’s the idea behind lofts, and why are they so popular?

Lofts have a certain allure. With high ceilings, open floor plans, rough-hewn floors, and brick walls, they are a hip housing alternative for many urban professionals. Today’s loft dwellers embrace new-age metropolitan living in all its glory.

Those who buy these unique dwellings have shaken off long daily commutes, granting them more personal time, more cultural and entertainment possibilities and an active, city lifestyle. If you crave something eclectic, out of the ordinary and convenient to all the city has to offer, a loft may be for you! Select from newly constructed (soft) lofts, or restored historical building loft conversions (hard lofts).

One definition for a loft is an appeal against convention – convention in thinking, convention in building and convention in living. They are a celebration of open concept living and unconventional spaces brought about by the considered application of imagination and a rejection of mass-market housing.

The origin of the word loft comes from the Old Norse lopt which means “upper room “or “air”. In 19th-century English usage the word came to mean “the upper stories of a warehouse or factory”. The modern boom in the conversion of such spaces into living areas came in the 1940s in the SoHo District of New York City. By the 1970s so many of these conversions had been done that the city was forced to re-zone the area to make such conversions legal.

These days, the term loft has matured. Lofts created from spaces in existing buildings are called hard lofts or true lofts. Lofts built new from the ground up are typically referred to as soft lofts or new lofts or loft-inspired or mezzanine suites. Whether created out of an existing building or built ground up new, all lofts have certain common elements or they are not lofts.

Lofts are part of the Postmodernism movement in architecture. Postmodernism is a counter- reaction to the strict and almost universal modernism of the mid-20th Century. It embraces elements from historical building styles incorporating them without a rigid adherence to one style. It also does not as policy try to hide the structural or mechanical elements of a building but often uses these in the design.

What is a “hard” loft?

A true loft is a conversion of a vintage factory or warehouse. They have a harder edge as they are usually constructed of concrete or “mill” construction of exposed brick, original wood posts, beams and floors. Typically, these lofts have an open floorplan and unfinished ceilings that are at least 10 feet high with exposed ducts, plumbing and electrical. Examples include the Candy Factory Lofts, Liberty Lofts and the Toy Factory Lofts.

What is a “soft” loft?

In recent years developers have built new buildings with some of the characteristics of a hard loft such as high ceilings, big windows and open floorplans. These lofts typically have a softer edge… no exposed ducts and plumbing, carpet in some areas and upscale kitchens and baths. Soft lofts have more in common with traditional condominiums than a true hard loft.

What is an “artist live/work” loft?

Toronto bylaws allow for the development of buildings with “artist live/work” zoning. The first of these developments appeared on Shanly Avenue (near Bloor and Dufferin) and most featured minimal finishing, 16-foot ceilings and steel frame construction. The City’s zoning restricted their use to people who were engaged in a precisely defined list of artistic activities. Over time these buildings have come to be occupied by people who simply enjoy the loft life.

Here are some of the unique joys of the loft life:

* Industrial buildings - The term loft began in New York and Chicago when renters and owners began turning old industrial buildings into living spaces. The original tenants were artists who craved the high ceilings, large windows and open floor plans typical of converted warehouses and factories.

* Open spaces – The primary benefit of loft living is the large open spaces that allow you to live and move how you want, rather than having your movement defined by a permanent floor plan of walls, doorways and rooms.

* Define your areas – In a loft, the floor plan can be fluid and ever changing. You can set up a sleeping area in one part of the space, then move it somewhere else if you have guests or if you just need the area for another use. Kitchens and bathrooms are more permanent, of course, but temporary partitions, hanging curtains, or even changes in floor covering can define other spaces.

* Eclectic style – Another nice aspect of many lofts is the opportunity for eclectic design and decorating. For example, a loft might feature soft, delicate window treatments on reinforced factory windows, or a modern couch sitting on a hundred-year-old hardwood floor. This mixture of old with new and practicality with comfort can form a wonderful esthetic that makes the most of a loft’s mixed-use nature.

Regardless of the type of loft, all lofts should have certain basic common elements:

* Open, flowing floor plans
* Minimal uses of interior walls to define space and doors to close off areas
* High ceilings – some definitions set minimum ceiling heights at twelve feet or it is not a loft just a condo with high ceilings
* Exposed piping, ductwork, structural elements
* Large windows
* Access to the sky often with roof top gardens or decks
* Easily merges living and work space, blurring the lines between workplace and residence
* Mixes traditional mediums with modern finishes – concrete, metal, stone, brick, wood used freely alongside of drywall, ceramic tile and vinyl

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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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  • Toronto Lofts

    Over the last few years, it’s been impos­si­ble to ignore the Toronto real estate mar­ket boom. As more and more peo­ple flock from the other areas of the GTA like Eto­bi­coke, Mis­sis­sauga, and North York back to the down­town core, Toronto real estate prices have sky­rock­eted. Toronto real estate devel­op­ers have noticed the grow­ing demand for real estate in Toronto and there are a num­ber of inter­est­ing  that are occur­ring in the city today.

    One of the biggest sur­prises in the Toronto real estate mar­ket has been the grow­ing pop­u­lar­ity of lofts. Lofts are essen­tially con­dos that have been con­verted from for­mer indus­trial build­ings and turned into res­i­dences. By con­vert­ing old his­tor­i­cal build­ings that have more archi­tec­tural char­ac­ter than stan­dard con­dos, Toronto lofts are in high demand. The pop­u­lar­ity of lofts in Toronto mir­rors real estate pat­terns that have been estab­lished in other major cities like New York City.

    With their open spaces and large win­dows, Toronto lofts have been pop­u­lar for over a decade now. Some early loft con­ver­sions in the Queen West area were a big attrac­tion for artists that were search­ing for the per­fect com­bi­na­tion of cheap rent and a large space for them to work in. As artists moved into these old fac­tory lofts, the city of Toronto dras­ti­cally changed. For­merly con­sid­ered one of the worst parts of down­town Toronto, the indus­trial west end is now becom­ing one of the most in demand places for real estate in Toronto.

    For that rea­son, lofts in Toronto are con­sid­ered a great invest­ment. The safety lev­els and the beau­ti­fi­ca­tion of Queen West have greatly increased fol­low­ing the con­ver­sion of the pop­u­lar Candy Fac­tory Lofts and the Choco­late Lofts on Queen Street. As the prices for these down­town Toronto lofts have increased due to the sheer demand to live in this cut­ting edge area; real estate devel­op­ers have responded by begin­ning con­struc­tion of more lofts in down­town Toronto in areas other than the Queen Street West area.

    As con­struc­tion con­tin­ued, it soon became appar­ent that the demand for Toronto lofts was huge and grow­ing. These down­town Toronto lofts were quickly snatched up and Toronto real estate devel­op­ers quickly wit­nessed a pat­tern. Real­iz­ing that prop­erty own­er­ship in Toronto was in high demand and that Toronto lofts were viewed as an excel­lent invest­ment, Toronto real estate devel­op­ers worked dili­gently to con­struct new lofts in areas of Toronto that may seemed des­o­late but had the poten­tial of becom­ing some­thing big.

    Gen­tri­fi­ca­tion through con­ver­sion of lofts was used again in the con­struc­tion of lofts and con­dos in Queen Street East area. As the Dis­tillery Dis­trict opened to the pub­lic fol­low­ing a lengthy ren­o­va­tion, the for­mer indus­trial site has refash­ioned itself as one of the most unique and artist friendly areas in Toronto. With the con­struc­tion of new Toronto lofts in this part of town, there are many real estate devel­op­ers that are hop­ing that the pop­u­lar­ity of these east end lofts and con­dos will spread inter­est in mov­ing to Toronto’s east side where there are lots of oppor­tu­nity for new lofts to be con­structed and sold.

    Fol­low­ing the pat­terns of many major urban cities that have tasted real estate suc­cess with the con­struc­tion of lofts, Toronto real estate devel­op­ers quickly real­ized that many of the old ware­houses that have been con­verted to lofts have already been solved. How­ever, the demand for Toronto lofts was so immense that real estate devel­op­ers  con­struct­ing new build­ings with loft-like features.

    As the num­ber of lofts in Toronto grow due to the con­struc­tion of Toronto lofts in the outer parts of the city, con­struc­tion of lofts and con­dos in down­town Toronto are grow­ing. Although some of the lofts that are being built can be con­sid­ered a bit con­tro­ver­sial and slightly tacky, there are a num­ber of excit­ing new loft projects occur­ring within the city. The Church lofts on Dover­court is gain­ing a lot of acclaim and the cor­re­la­tion between loft con­struc­tion and the sur­round­ing area thriv­ing has not been left on city developers.

    With its abil­ity to find a new use for old ware­house build­ings, Toronto lofts are often viewed as a more desir­able invest­ment than Toronto con­dos. That is because many peo­ple that are look­ing for Toronto lofts for sale are attracted by the warm archi­tec­tural flour­ishes that many of these lofts in Toronto have.

    It is highly rec­om­mended that indi­vid­u­als that are look­ing for a loft for sale in Toronto use the ser­vices of a highly qual­i­fied Toronto real estate agent. In a city with such a com­pet­i­tive real estate indus­try, Toronto real estate agents have the impec­ca­ble rep­u­ta­tion of pro­vid­ing excel­lent ser­vice with the full under­stand­ing that if they pro­vide less than fan­tas­tic ser­vice that the cus­tomer can just leave them for another Toronto real estate agent.

    Addi­tion­ally, a Toronto real estate agent will be able to pro­vide you with insider infor­ma­tion about the sur­round­ing neigh­bor­hoods where Toronto lofts for sale are located. Using a qual­i­fied Toronto real estate agent will also give you the option of search­ing for Toronto con­dos in case you find that there aren’t any lofts in Toronto that have won your heart.

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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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