The Printing Factory Lofts, is located on the east of Carlaw North of Queen St. E., originally a printing factory, will see the addition of a new construction structure in the middle of the courtyard. The front of the complex – which is next door to The Garment Factory Lofts – faces East to Carlaw, and the property line extends to Boston Avenue, which is a cool, quiet leafy street. the Printing Factory Lofts features ceiling heights of 8 1/2′ to 24′, town homes at 9′ and Tower suites at 10′. The design is minimal, i.e. exposed concrete and exposed ductwork, interiors are modern and there are no amenities at this complex. This brings condo fees to a quoted 29 cents/sqft which includes part-time concierge, common elements, building insurance and maintenance. Occupancy quoted to us at winter 2008, and to be safe one could add an approximate six months of realistic construction delays. Prices start at the 190’s for 550-ish suites, 600 sq ft from 200’s and 1,000 sq ft for approx. 390,000. The building has some smart suites designs and a lot of choice for those who like a real lofts, a modern condo in a former industrial complex, or a town home just east of the downtown.
As the area develops – and it will significantly – expect prices to increase to near downtown market level. Current prices at the Printing Factory are in the $330 to $400 / sqft with many Tower suites available in the sub 350 range, and penthouses closing on 400.
Yossi’s Pros
- new development for reasonable prices
- more affordable then King West
- up and coming area
- foreseeable price increase
- reasonable and workable floorplans
- easy access to downtown, Gardiner, DVP
Yossi’ Cons
- lack of amenities – where’s my gym?
- exposed concrete is pass̩ Рgimme hardwood and finish my ceilings
- Beaverbrook’s first downtown development
- Queen East side will take time to catch up to Queen West
Architect: John Chandler
Application: http://www.urbandb.com/canada/ontario/toronto/201_carlaw-it040.pdf
Interior Designer: n/a
Developer: Beaverbrook Homes
Links:
- Printing Factory Lofts official website: www.theprintingfactorylofts.com
- Google map for Printing Factory Lofts
- Printing Factory Lofts at Urbandb.com
Remember, if you are considering buying or investing in a new development, consult a professional before walking into a sales-centre. Our professional consultation is always at no charge. We will guide you through the entire screening, evaluation, negotiation [yes you can negotiate] and purchase process. To understand the risks of buying without proper representation, read Closing Costs: What You Don’t Know Can Cost You.
Contact:
| Yossi Kaplan, MBA Sales Representative, Your Choice Realty Corp 885 Don Mills Rd suite 104 416.479.4241 |