Syd­nia Yu – Globe and Mail

DEVELOPMENT: South Hill On Madison

LOCATION: Casa Loma

BUILDER/DEVELOPER: Burnac Hold­ings Ltd.

SIZE: 440 to 1,300 square feet

PRICE: from the mid $200,000s

Burnac Hold­ings Inc.’s bold move to con­vert and expand a for­mer Toronto Hydro build­ing into raw lofts with 10– to 14-foot ceil­ings, exposed duct work and pil­lars found ready buy­ers. With that project sold out, the devel­oper has unveiled plans for a seven-storey sis­ter struc­ture com­posed of smaller, refined suites with nine-foot ceil­ings, high-end appoint­ments and a secluded set­ting fur­ther north of the nearby rail­way tracks.

“It’s impor­tant to note it’s not a high rise, glass enclo­sure with every unit being the same” says pres­i­dent Ted Bur­nett. “There are 159 units here, so peo­ple will be able to know their neighbours.

“So it’s more of a nice neigh­bour­hood build­ing that’s got a bit of inti­macy to it and a lovely area with tree-lined streets through­out. A lot of build­ings we have built are like that.”

Pre­views are under way for this midrise project, which was named South Hill on Madi­son to high­light its locale at 377 Madi­son Ave., just east of Spad­ina Road between Dav­en­port Road and Dupont Street.

“It’s at the foot of Casa Loma in a won­der­ful loca­tion,” Mr. Bur­nett says. “It was an area that was under­de­vel­oped for many years. It was a lit­tle dia­mond in the rough, which we’ve hope­fully made into a diamond.”

The infill site is close to many urban attrac­tions, from upscale restau­rants, such as Mis­tura and Sotto Sotto, to essen­tial ameni­ties, such as Dupont and Spad­ina sub­way stations.

“You get a lot of bang for your buck because you’re in a nice, edgy area of Dupont,” Mr. Bur­nett says. “If you head west of Dupont, there are a lot of funky shops along there and along Dav­en­port, and Bloor is another 10 min­utes away, so you’re really cen­trally located.”

Sim­i­lar to the first build­ing, North­grave Archi­tects designed this Art Deco inspired res­i­dence to com­ple­ment local land­marks in the low-rise com­mu­nity, such as the his­toric cas­tle and high-end homes on Austin Ter­race and the dis­tin­guished Cas­tle Hill town­house development.

Inside, there will be sev­eral one– to two-bedroom plus den mod­els between 440 and 1,300 square feet, plus 10 two-storey town­houses on a pri­vate road at the north end of the site with up to three bed­rooms, sep­a­rate entrances and garages.

Prices will aver­age $600 a square feet.

“What’s hap­pened over the years is that peo­ple want to move south into the core of the city or to the south part of mid­town,” Mr. Bur­nett says. “The size of the place used to be very impor­tant, but now peo­ple just want to fit within their price range, so units have got­ten smaller over the years.”

How­ever, many units will have French bal­conies, patios or rooftop ter­races. “As units got smaller – we’re down to 800 square feet on aver­age – peo­ple want a lit­tle more space to spread out to,” Mr. Bur­nett says.

When res­i­dents need more space, there will be a lobby with 24-hour concierge and a party room with a kitchen, seat­ing and out­door amenity space with WiFi access, plus a screen­ing room, gym, yoga stu­dio, pet spa and courtyard.

In con­sul­ta­tion with Boy­chuk + Fuller, suite inte­ri­ors will be con­tem­po­rary with engi­neered wood lam­i­nate, quartz, porce­lain and ceramic tile fin­ishes, as well as mas­ter suites with pri­vate bath­rooms and walk-in clos­ets with built-in orga­niz­ers, and kitchens with European-style cab­i­netry and optional islands with open shelv­ing, stor­age and seating.

Monthly fees will be in the range of 50 to 60 cents a square foot. A park­ing spot can be had for $30,000 and a locker for $5,000.

Occu­pancy will be spring 2015.

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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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377 madi­son ave burnac

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