Coming Soon: The Hive Lofts
The Hive Lofts have been getting a lot of buzz lately (sorry, too easy), and with good reason. This 6-storey, 20-unit building that defines ’boutique loft living’, is set to rise on the Queensway just east of Islington. The VIP broker sales event is happening on March 10 – contact me if you are interested in more information including floor plans (now available).
Sizes will range from 505 sq ft to 1093 sq ft and prices from about $240K-$525K. With only 20 units, and these price points, they will likely sell out very quickly.
The architecture is stunning (Teeple architects) and their floor plans are all solid with very little wasted space. Most units will have huge balconies or terraces. Ceiling heights will be 9′ or 10′, and the finishings and features will be modern and clean. There won’t be an amenity space in the building, but with only 20 units, this just makes sense because the cost to do so would be prohibitive on the maintenance fees. The neighbourhood is your amenity space, says the developer – Symmetry Developments (previously known for their Linea town home project in North York).
I hope that we will see more and more of these smaller low rise buildings with high-design all along the avenues of Toronto inner suburbs. Similar to Carmelina Condos on the Danforth, a big part of the market for this project will likely come from long-time area residents looking to downsize, while not wanting to sacrifice on getting a high-design, downtown worthy condo. Good design is good design, and although lofts like this are typically marketed towards young professionals, I am seeing more and more buyers aged 50+ are looking for options like this for themselves as well as for their aging parents.
More images after the jump.
Note: I had to look twice when looking at these renderings as I thought that it was an amenity space like a party room or something, but no, these are actually images of the units themselves! Amazing design and stunning floor to ceiling windows. For more high resolution shots, check out urbantoronto.ca.
