Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Second bidder slips in to nab Front Street loft Add to ...

81A FRONT ST. E., NO. 307, TORONTO

ASKING PRICE $389,000

SELLING PRICE $394,000

TAXES $1,987 (2013)

DAYS ON THE MARKET 15

LISTING AND CO-OP AGENT Christopher Kowal, Royal LePage Urban Realty

The Action: Homeowners rarely give up their place at the St. Lawrence lofts, so this one-bedroom loft received an offer quite quickly in February. Another buyer kept in contact with listing agent Christopher Kowal in case that bid fell through and presented their own once it did.

More Related to this Story

What They Got: A heritage building that originally served the operations of a wholesale grocer in 1858 was converted into lofts, such as this 478-square-foot suite remodelled by Stroudfoot Design, known for their work on Kultura, Origin and Nyood, and Commute Design in 2008.

The principal room displays exposed wood beams, brick walls, textured concrete walls and 9.5-foot ceilings, as well as hardwood floors, custom concrete kitchen counters, steel backsplashes, solid Russian Baltic birch cabinetry, and stainless steel appliances, including a cappuccino maker.

The bedroom was styled with a custom walnut wall panel and mesh curtain and the bathroom is graced with a vessel sink and Edison suspension light.

Monthly fees of $345 covers utilities.

The Agent’s Take: “The fellow who redid it six year ago hired Stroudfoot Build Design – they only do restaurants renovations – so this is their only residential project and they did a gorgeous job,” Mr. Kowal said.

“The thing I really liked was the backsplash in the kitchen: it was a sheet of stainless steel that had been dipped in acid, left to rust and finished with a clear finish, so you could see the texture.”

The historic building is also highly prized. “It’s the first pre-Confederation conversion building … it has original exposed brick and wide beam supports, so those are very distinctive and beautiful,” Mr. Kowal notes.

“There are maybe two or three sales every year, which is not a huge amount and they sell very quickly when they come up because of the location. Everyone wants to be by the St. Lawrence Market.”

Editor's Note: Done Deals contain information gathered from real estate agents, home buyers, home sellers and sale prices that are publicly available from government sources. While we try to publish Done Deals as soon as possible after the transaction has occurred, long closings can cause delays.

Follow us on Twitter: @globeandmail

 

In the know

More from The Globe and Mail

Most Popular Stories