Â Stage East Lofts in Leslieville / Toronto Condos – developed by Jim Neilas you recall from Cube Lofts, architected by Raw Design with Studio CK, is a 24-loft building situated on Queen street East, just east of Leslie. This is a smaller boutique building, with some units facing Queen street and a U-shaped structure offering a large inner courtyard which is exclusively used by each of the four units surrounding the courtyard.
Stage East Lofts in Leslieville is a great example of how small pieces of land can used in a smart way, allowing for a limited number of residences in revitalized urban areas. On the other hand, small buildings have their usual problems, mainly, a high risk for your condo fees to go through the roof, as a small number of residents being made responsible for a large sum of funds.
Stage East Lofts scores one low mark on my chart by not releasing floorplans in advance. That is an old marketing trick designed to bring people into the sales centre, but in these days, most floorplans are available as PDFs online and in my opinion, builders would be better off informing clients and Realtors of their new developments in detail, rather then drag us to their site.
Stage East Lofts would make great living for those who prefer a smaller loft building with no amenities and no private-public spaces. However, we’ll have to wait and see what prices are asked for and with Cube Lofts incomplete, plus a lack of detailed information on the building, it’s a bit of a guesswork as per future value oft his building. Much will be determined by the actual finishes and quality of workmanship in this building.
Call me for additional information on this building and I’ll help you compare this one to others and explain how to gauge Stage East Lofts from a realty, re-sale and value perceptive. 416 441 2888 x 678.
Buyers Beware! we strongly advise all buyers to NEVER to enter a new condo sales centre without a licensed Realtor. What you don’t know can and may hurt you and you’ve heard the horror stories. Always use a professional, licensed and insured Realtor – Yossi Kaplan, MBA, is here to help you navigate through the complex world of real-estate. Call 416.441.2888 x678.
Â© Yossi Kaplan, MBA
Specializing in Condos, Lofts, Investments and New Developments
Harvey Kalles Real Estate Ltd., Brokerage
tel 1.416.441.2888 x 678