schedule ‘c’ facing west $341,250 - artscape...2019/11/06  · lofts are registered business...

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$341 , 250 The Artscape Triangle Loſts are developed and managed by Artscape, a not-for-profit urban development organizaon that makes space for creavity and transforms communies. | artscape.ca Prices, mortgage informaon and specificaons are subject to change without noce. E & O.E. Artscape and Artscape Triangle Loſts are registered business names of Toronto Artscape Inc. 505 Square Feet 10-Foot Ceilings Private entrance Floor-to-ceiling windows West-facing view Five Appliances Air Condioning Washer and Dryer Included This unit is supported by the Artscape Mortgage, a unique payment-free second mortgage designed to lower the cost of arst housing. It is paired with a shared appreciaon plan that keeps units in the hands of arsts in perpetuity. Market price for this unit is valued at $455,000. ARTSCAPE TRIANGLE LOFTS Artscape currently has one unit available for purchase at the Artscape Triangle Loſts. Unit 330 is an open concept loſt-style studio with stylish exposed concrete and highly funconal layout. Artscape Triangle Loſts is located in the heart of the West Queen West neighbourhood. 38 Abell Street , Unit #330 N p

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Page 1: SCHEDULE ‘c’ FACING WEST $341,250 - Artscape...2019/11/06  · Lofts are registered business names of Toronto Artscape Inc. ARTSCAPE TRIANGLE LOFTS Gloria Wallace, Artscape Leasing

$341,250

The Artscape Triangle Lofts are developed and managed by Artscape, a not-for-profit urban development organization that makes space for creativity and transforms communities. | artscape.ca

Prices, mortgage information and specifications are subject to change without notice. E & O.E. Artscape and Artscape Triangle Lofts are registered business names of Toronto Artscape Inc.

• 505 Square Feet • 10-Foot Ceilings • Private entrance• Floor-to-ceiling windows• West-facing view• Five Appliances • Air Conditioning• Washer and Dryer Included

This unit is supported by the Artscape Mortgage, a unique payment-free second mortgage designed to lower the cost of artist housing. It is paired with a shared appreciation plan that keeps units in the hands of artists in perpetuity. Market price for this unit is valued at $455,000.

A R T S C A P E T R I A N G L E L O F T S

Artscape currently has one unit available for purchase at the Artscape Triangle Lofts. Unit 330 is an open concept loft-style studio with stylish exposed concrete and highly functional layout. Artscape Triangle Lofts is located in the heart of the West Queen West neighbourhood.

38 Abell Street, Unit #330

Below-Market Ownership Opportunities on Queen Street West for the Arts Community

T R I A N G L E L O F T S

Below-Market Ownership Opportunities on Queen Street West for the Arts Community

Unit Type: Suite Area:_______ square feet

Level: _______________ Unit: ___________________

Suite Number: ____________________________________

Purchaser’s Initials: ________________________________

Vendor’s Initials: __________________________________

Date: ____________________________________________

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SCHEDULE ‘c’

DUFFERIN SUITE 330

FACING WEST

DUFFERIN505

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Page 2: SCHEDULE ‘c’ FACING WEST $341,250 - Artscape...2019/11/06  · Lofts are registered business names of Toronto Artscape Inc. ARTSCAPE TRIANGLE LOFTS Gloria Wallace, Artscape Leasing

The Artscape Triangle Lofts are developed and managed by Artscape, a not-for-profit urban development organization that makes space for creativity and transforms communities. | artscape.ca

Prices, mortgage information and specifications are subject to change without notice. E & O.E. Artscape and Artscape Triangle Lofts are registered business names of Toronto Artscape Inc.

A R T S C A P E T R I A N G L E L O F T S

Gloria Wallace, Artscape Leasing & Community Services Manager416-392-1038 x 4300 | [email protected]

38 Abell Street, Unit #330

To qualify for the Artscape Live/Work ownership opportunity, the applicant must be a professional artist as defined by the Draft Canadian Artist Code.

1. Attending a viewing of the unit scheduled by the Leasing & Community Services Manager.

2. Applicant information: Contact information, number of adults and/or children that would occupy the unit, identification of your artistic practice area as well as any toxic materials used in your practice and/or the identification of sound produced in your practice.

3. Statement of Interest (2 pages maximum): Please be sure to include the following information in your Statement of Interest: » Why is the applicant interested in space at the Artscape Triangle Lofts? » How will living in the building enhance the development of the applicant? » Why is this the right place and right time for the applicant to make this move? » What is the proposed use of the space?

4. A professional artist Curriculum Vitae (CV) including achievements and interests.

5. A mortgage pre-qualification showing capacity to obtain a mortgage for the balance of the purchase price after a 5% deposit (on the full value of the property: $455,000). To purchase this unit, you will need to make a $22,750 deposit leaving a remaining balance of $318,500.

For more information, please contact:

ELIGIBILITY:

HOW TO APPLY: