paul@pauljohnston.com 416.897.5480
Salesperson, right at home realty inc. 416.391.3232

What’s Next? Unique Urban Homes

Jan 14, 2012 by Paul

I’ve been extremely privileged to be part of a number of teams that have brought modern infill housing to the city. It’s been an exceptional few years – working with passionate developers, architects and designers. The success of these developments, from block to inhabit claremont to trinity bellwoods townhomes has been a testament to Torontonian’s desire to live in engaging and exciting neighbourhoods in the very core of the city. We want to live in the vibrant city core, in neighbourhoods that are thriving and growing.

2012 is full of exciting opportunities: a new home development in west queen west, and project percolating in Brockton Village, and some engaging opportunities in Leslieville. I’m striving to make certain that each of these projects not only reflects the neighbourhood in which it is situated, but also adds to the fabric of the area, by introducing new iconic architecture.

However, I also recognize the limitations of modern “at grade” housing. I well understand that this type of home simply can’t appeal to all buyers, mainly because of price. A good percentage of these homes are selling over $1M, and it’s unlikely that many projects will come to market anywhere under $800,000 per home – the cost of building homes of these sizes is really prohibitively expensive. I meet many buyers who are passionate about great design and high-quality architecture, and are seeking a home that has been carefully considered and executed to the same quality as many of these infill home projects.

As a result, in 2012, I will be focusing on a number of mid rise loft projects in the city. I’ve partnered with some superb developers to bring appropriately-scaled projects to existing neighbourhoods, that provide more affordable means of acquiring a unique urban home. In the course of the next 6 months, a number of these projects will be launched and information will be available on this site.

I hope, ultimately, that these new options in mid-rise buildings provide a bit more accessibility for buyers who are committed to an urban lifestyle, but are not in a position to purchase an at-grade home. Further, I hope that these projects continue to foster the type of exciting and engaging architecture that I’ve become known for.

I can’t tell you how excited I am! It’s going to be an exciting 2012!