Posts Tagged ‘streetcar developments’

Streetcar Developments has been really “digging” the City as of late with over 4 projects under construction… and a new one coming soon!  Corktown Phase 2 and 2 Gladstone are the closest to completion, with Trinity and SYNC lofts not to far behind.  On a recent trip to Queen East, I stopped by the site and took a few photos of the shoring and excavation going on at SYNC lofts…check more pics below!

Last week I got an early peek at what 8 Gladstone will look like from the outside…This week it’s the insides!

I sat down with the Streetcar sales team to get a first had look at floorplans, finishes and more. To be brutally honest, when I first heard about plans for 8 Gladstone, I thought it would be nothing more than a “copy and paste” version of 2 Gladstone…thankfully, I was wrong…soooo wrong!

The tone of the project is modern finishes in lofty spaces! Starting from the bottom, there’ll be a large laneway between the two buildings for cars to access the parking garage. The main level will consist of commercial space and a lobby. The building will have 9ft ceiling lofts from the 2nd to 6th floor.  11 different layouts (actually more but they’re the same space, just with flipped versions) will be available on these floors starting in size from 471 square feet. Prices will start in mid 200′s. (Although not official, I expect prices to range from$500-$550 per square foot).

Sitting a top of 8 Gladstone will be two levels of Penthouse lofts!  These lofts will have 10 ft. ceilings on the main level with 9 ft. heights on the second.  They’ll all have huge terraces with natural gas hookups…Queen West BBQ time!! The penthouses range in size from 705 square feet (two bedroom) to over 1,200 square feet.  My favorite of these layouts is the north east unit… it features a terrace with almost as much space outside as there is inside! Read the rest of this entry »

The second rendering of the week is brought to you by the letter “S” and the number “8″… “S” being for Streetcar Developments and “8″ being for 8 Gladstone!

The homies at BuzzBuzzHome first tweeted the rendering, sending the online world buzzing for info.  8 Gladstone will be larger than it’s neighbour and close relative 2 Gladstone (also built by Streetcar Developments).  It’s similar in design, with the exception of what looks like 2 story penthouses.  I’m only going off the renderings, so clarification is still needed! It also looks like most units will have access to outside space either by way of balcony or terrace.

Only 86 units will be available, with sales starting shortly!  I should have more info on specific details by mid next week.  If you’d like to be notified further on when sales will be starting at 8 Gladstone, send me some details in the form below! Read the rest of this entry »

I’ve got good news and I’ve got bad news…

The good news – I was right about 8 Gladstone coming to Queen West.

The bad news…isn’t so bad – Why you ask? It’s going to happen a lot sooner than I initially wrote!

Back in February a wrote a post breaking down the few details known about the project…fast forward a month and it looks like 8 Gladstone will be coming to market earlier than originally thought!  Their first e-flyer was sent out this week meaning presales should take place shortly.  If you’ve yet to read the details of the project, check out the original post here.

I got my clients in early for the first launch (2 Gladstone), which was necessary given the large amounts of interest.  I anticipate even more of a rush for 8 Gladstone as the area has solidified itself even further since!  Fill out the form below if you’d like to purchase at 8 Gladstone.  Check back frequently as i’ll be posting more info as it becomes available!

The Dufferin Street extension may have helped to alleviate some of the traffic on Gladstone, but that doesn’t mean that the “Streetcar” has stopped!  Following the success and heavy interest in Streetcar Developments 2 Gladstone…I’m happy to post that plans are in the works to develop a second building called: 8 Gladstone!

The juicy details like renderings, prices and floorplans have yet to be revealed but what I have been told is that they plan on building the second condo directly North of 2 Gladstone at the current office of Icarus Designs.  8 Gladstone will have approximately 85 units (2 Gladstone had only 54) spread out over 8 storyes.  The rezoning application submitted to the City mentions there being retail at grade, 2 levels of underground parking and 52 spots for bikes!

Queen West has clearly solidified it’s self as one of the coolest places in the city to let loose on the weekend! The galleries and restaurants give residents tons to see and do during the week.  It’s a no brainer for developers to build along the strip and I anticipate 8 Gladstone selling just as fast as it’s predecessor…  Look for 8 Gladstone to start sales in May!  If you’d like to be notifed when sales start, give me a call or send me an email, I’d love to help!

A few weeks back, you may remember me blogging about a seminar by Street Car Developments…  Originally I had thought it was open to all to attend, but for that particular event it is was Realtors only.   On Monday, I attended the hour long seminar as Jeanhy Shim crunched the numbers and gave us an optimistic look on the downtown condo market!

One key point she mentioned was in regards to the diversity and flexibility of  condominium units as a housing style.  Condos are often the housing ‘type’ of choice for the first timer buyer. On the other end of the spectrum, a condo can also be highly desirable for seniors and empty nesters looking to downsize! In short, the condominium product caters to 2 of the biggest “types” of purchasers making it a very versatile investment!

I had an “a-haa moment” as Jeanhy shared her point.  I often find myself discussing (or rather arguing) on the topic of how Condo living is not a fad, and is here to stay! The chart below should help to put that topic to rest!

Of course, a lot more info was shared during the presentation…and if you’re not an agent but would have liked to attend, don’t worry, your chances are coming up!  On Sunday July 25th 2:00-3:30pm, Wednesday August 11th and Wednesday August 25th from 6:00-7:30pm they’ll be having similar talks!  These seminars will be more geared towards the “In’s and Out’s” of buying preconstruciton with a heavy emphasis on why the East end is the “next big thing”!

The seminar will be held at the Streetcar Presentation Centre (625 Queen St E) or Edge Lofts for those that are familiar with the area!  Be sure to RSVP with the number above…and if you’re thinking of buying in the East end, give me a call I’d love to help!

A few weeks back I attended an excellent seminar by Streetcar Developments discussing the in’s and out’s of buying pre-construction!  Surprisingly it WASN”T and hour and half of them convincing you to buy their product.  Instead it was an informative session hosted by Jeanhy Shim (VP of sales and marketing for Streetcar developments) and Stanley Grossman (partner at Bresver, Grossman, Scheininger and Chapman LLP).  They went through the process, discussed financing and took questions at the end.  It was quick, accurate, and to the point!

If you read my blog frequently, you know I’ve become a BIIIIG fan of the East end… primarily the West Don Lands/Distillery/Corktown part of town!  I think there is tremendous potential for the price per square foot (roughly $500-550) to catch up with the rest of the city!  As a Realtor, I’m always asked “Where would I buy” and for the past year my answer has been “LOWER EAST SIDE!!!” …to which the potential client asks “why???”

For that answer you can subcribe to my blog, or read up on my coverage of projects such as River City and Trinity Lofts. Later in the month i’ll be attending a seminar for Realtors that will discuss: What is Waterfront Toronto doing in the West Don Lands and along the city’s waterfront?  Where are the best real estate opportunities today? Why is buying pre-construction a wise investment? What is the outlook for the condominium market in downtown Toronto?

Look for a post later in the month sharing the info I learned on all there is to know about the West Don Lands side of the City!