Options for Homes is launching its next low-cost, no-down payment homes at Bathurst and Lawrence in September.
The building will be 13 storeys high with 331 units ranging from studios to five-bedroom apartments, between 485 square feet and 1,675 square feet, with pre-launch prices of $155,425 to $309,200.
The complex, designed by
Burka Architects and built by
Deltera, is going up on lands sold by
Asbury & West United Churchh at the corner of Bathurst and Saranac.
"We were up against some stiff competition," says Options for Homes spokeswoman Jessica Speziale, speaking of their bid for the property, "but the church wanted to do something good for the city, something good for the neighbourhood and wanted to make sure more families could own."
The oldest part of the church itself, built in the 1870s with a 1950s addition, will be demolished to make room for the mid-rise condo, which will include a sabbath elevator.
Speziale expects construction to begin next summer with completion the summer after that, in 2012.
Writer: Bert Archer
Source: Jessica Speziale
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