We've been seeing condo towns -- those things that look like town houses but are, inside, stacked like condos -- around the city for a few years now. But now
Grand Metropolitan Homes, Dewbourne Developments and
Paradigm Architecture and Design are building the "loft houses."
"We wanted to do something that hadn't really been done in Toronto," says Adam Ochshorn, a principal with Forest Hills developer Grand Metropolitan, who says he went to Chicago and New York to research loft forms before embarking on this project, which will break ground at 483 Dupont Street in May. He says he's not seen anything quite like this combination of house and loft aesthetic anywhere else.
The $350,000-$700,000 loft houses in three storeys totalling 30,000 square feet of residential space, will have 11-foot ceilings, polished concrete floors and outdoor spaces on every level, including rooftop terraces.
According to Andrew Zimet, the Chestnut Park Real Estate broker who's been selling the spaces, three of the four ground-level units, designed to allow for retail space according to an agreement reached with councillor Adam Vaughan's office and the Seaton Village Residents Association, have initially been sold to people who will be using them as residences, including a landscape architect who may also be practicing out of the space.
The first units will be ready in May, 2011.
Writer: Bert Archer
Source: Grand Metropolitan Homes