Streetcar Developments is on a serious roll of late. The ‘little developer that could’ has recently launched two highly successful projects – 2 Gladstone and SYNC Lofts, which are in addition to their existing repertoire of projects including Corktown phase 1 (under construction, nearly complete), Corktown Phase 2 (construction starting), Vinegar Lofts (19 River, complete and registered), EDGE lofts (625 Queen, complete and registered), and a couple other projects on Queen East in Leslieville/The Beach. They have a formula for low-rise condo/loft marketing and construction and it seems to be working.
Their latest project is Trinity Lofts which will follow in the vein of their other projects like SYNC or Corktown and be a soft-loft, modern concept, boutique building with minimal amenities. SYNC proved to be a fantastic investment in my opinion with many units selling in the mid $400s per square foot. If Trinity Lofts comes out with similar pricing, it will be a slam dunk investment as this area has great upside potential. Units at 33 Mill street in the Distillery are currently selling in the mid $500s per square foot (for units with parking).
The site for Trinity Lofts will be just north of the Distillery District at 2 Eastern Avenue. This makes it central to the best of the east side including the Distillery District, Corktown, Riverside, the West Don Lands (currently being developed) and of course King East and the St Lawrence Market area.
SYNC was more than twice the size of this project and all the one bedrooms there sold out in first week. They only have a few 2 bedrooms left. It will be the exact same story with Trinity Lofts, except there will be even more competition for the smaller units as the supply is so limited. The public release of Trinity Lofts is set for May 8th, but if you would like to buy at the upcoming VIP sales event in advance of the public release, please contact me ASAP as this one will sell quickly.
Continue reading...23. April 2010
TRINITY LOFTS – Streetcar’s newest loft building coming to the junction of The Distillery, Downtown East and West Don Lands neighbourhoods, will launch for sale to the public in the coming weeks but TrueCondos.com has your VIP access well in advance of the public offering.
Located at 2 Eastern Avenue, nestled between the historic Enough Turner Schoolhouse and 51 Division Police Station, TRINITY is located just steps from many hot cafes, restaurants and shopping venues: a short walk to the Distillery District, St. Lawrence Market and Corktown District, not to mention the highly-respected George Brown College offering a diversified array of programs. Located just a short walk away, is the TTC streetcar as well as quick access to both the Don Valley Parkway and the Gardiner Expressway.
In the lofts, TRINITY will offer the unique high-end designer finishes that past Streetcar followers have come to appreciate: 9′ smooth ceilings, modern kitchens and bathrooms with stone counters throughout, stainless steel appliances and pre-engineered wood flooring.
Continue reading...6. February 2010
Another boutique condo/loft building by Streetcar Developments is coming to Queen Street East: Sync Lofts. Contact me for info on the upcoming VIP sales event. The Riverside neighbourhood (Queen and Broadview) will be one to watch over the next 5 years. This small pocket has the real potential to become the next King and Bathurst – one of the hottest areas downtown right now. It has all the ingredients of a neighbourhood that is about to ‘pop’: furniture shops, restaurants, coffee houses, historical buildings, excellent transit, and plenty of hipsters. Riverside is good, but not great right now – there is still time to ‘get in’ before this area is fully gentrified.
The building will be 8 storeys and house 97 units. Unique selling features will include built-in iPod docking station with pre-wired speakers, and built-in wifi connectivity – hence the name ‘Sync’.
Units at Streetcar’s recently completed EDGE Lofts across the street from where Sync will be are currently selling in the resale market for approximately $500 Per Square Foot.
There will be a VIP sales opportunity for this project – contact me for more info.
Continue reading...6. February 2010
Description Coming Soon!
12. February 2009
Queen City Vinegar Company Lofts at 19 River St is the latest condominium to be registered in downtown Toronto (as of about 2 weeks ago). Unit owners are now free to sell their units with no restrictions. Streetcar developments kept the occupancy period relatively short – only a few months for most purchasers. So kudos to Streetcar and congratulations to unit owners who are no longer paying occupancy fees!
Vinegar Company Lofts is a conversion of a 100 year old warehouse style building into 38 residential units. There is a mix of authentic lofts and new lofts in the building. Suite features include exposed brick and beam, stone counter tops, stainless steel appliances, high-end cabinetry, and ceiling heights as high as 14 feet.
Streetcar is keeping very busy in the area with other projects either completed or under construction including Broadview Lofts, Edge Lofts and the multi-phase Corktown District.
Once a forgotten area of the downtown, Corktown is quickly becoming a gentrified area with hundreds of new condos and homes either completed or under construction in the area around River and Queen Street. Still, the area is very much in transition and most area residents find themselves going east over the bridge to the Riverside neighbourhood (Queen and Broadview) for a great selection of coffee shops, restaurants, and shopping.
There is currently 1 unit still available for sale in the building – a 2 bedroom, 2 bath, 1046 sq ft penthouse that is listed at $499,900.
For more information on Queen City Vinegar Company Lofts please contact me.
Continue reading...
23. April 2010
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