7.13.2009

Condo of the Week: The Parkdale Market Lofts

KRP Developments must be commended for having done a particularly nice job on the units and common elements of the Parkdale Market Lofts, two buildings that straddle the divide between Wellington Village and Hintonburg (also called The Quad in arts circles).

Phase I at 45 Spencer St was originally built in the 1940s and had had a number of industrial uses including the manufacturing of gyroscopes during WWII. The original 3-storey property was converted into 19 lofts, keeping its hardwood floors and exposing the building's post and beam structure where possible. A steel frame penthouse was added onto the structure and made room for two extra large penthouse units, along with meeting and exercise rooms. The project earned KRP an Architectural Conservation Award.

Phase II is an 8-storey project of 39 additional lofts built from the ground up and is addressed at 320 Parkdale Avenue. While some of these floorplans are too open and "lofty" for many buyers, my favourite is easily the 'B' layout that KRP used for their model suite and one that is currently for sale on the 6th floor:


Bright and airy with 12ft ceilings and 1057sqft of space,
this layout features a generous master bedroom with walk-in closet and ensuite bathroom, and then a second bedroom and second full bathroom on the other side of the unit. Both bedrooms feature sliding barn doors which offer a very sleek look to the unit, if leaving something to be desired when it comes to privacy. That said, this is the trade-off of a "loft" and still better than nothing when family and friends pay a visit.

In the market for this kind of space? I have sold in this building before and would be happy to arrange a visit if you're not already working with a realtor; please feel free to get in touch by phone or by email.