Streetcar Developments, the company known for injecting much of the recent condo energy that's been pulsing through Corktown, just opened sales for their latest project, Sync Lofts, across the Don.
"This is our third development between Carlaw and the DVP,' says Jeanhy Shim, Streetcar's VP of sales and marketing (*and former president of condo consultancy
Urbanation). "Like all the neighbourhoods we build in, we're expecting this neighbourhood to improve, and expecting to help with that improvement."
The site at the corner of Queen and Carroll is currently a parking lot and before that was a small shopping plaza that Streetcar demolished when they acquired it five years ago. It's across the street from their
Edge Lofts.
Sync will be a $30-million, 8-storey building with 98 suites, priced from $179,900 for the studios to just under $500,000 for the largest, which are 946 square feet. Seventy-five per cent of the units sold just this past week, according to sales manager Man Ling Lau. "They're calling us the next King West," she says.
Construction will begin later this year, with occupancy currently set for July, 2012.
Writer: Bert Archer
Source: Streetcar Developments, Jeanhy Shim