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Thursday, April 30, 2015

Condo of the week: 51 Lady Bank Road

51 Lady Bank Road This unit in the new Hive building at 51 Lady Bank Road is extreme architecture on the Queensway. Priced at $629,900 for a two bedroom, the beehive-style loft is a standout one in an area amongst older developments, where modern architecture is a rarity.

The boutique building by Symmetry Developments and Teeple Architects, who have designed a range of cool projects around the city, initially received a lukewarm reception for its bold design in "boring Etobicoke" (a reader's opinion, not mine).

The end result, however, looks more like a hip loft on West Queen West with its angular façade and zinc cladding. The unit is spacious at 1,300 square feet, with two bathrooms and 10′ ceilings. The building features a parking stacker system (a car elevator), a first for the area. Basically, park your vehicle, hit a button and your car is raised to make room for another.

Cool stacker and all, the unit isn't selling. Originally listed for $649,900, the owners dropped the price about three percent. Is the Hive too much...sorry...buzz for the neighbourhood? Check out the photos below.

51 Lady Bank Road SPECS

  • Address: 501, 51 Lady Bank Road
  • Price: $629,900
  • Square feet: 1,300
  • Bedrooms: 2 plus den
  • Bathrooms: 3
  • Parking: 1
  • Taxes: Not assessed
  • Maintenance fee: $786.54/monthly
  • Walk Score: 85

51 Lady Bank Road NOTABLE FEATURES

  • Bedrooms with separate living quarters
  • Kitchen with 10' island
  • Locker included
  • 200 sq. ft balcony
  • Pre-wired alarm system

51 Lady Bank Road GOOD FOR

Privacy. The bedrooms have their own ensuite and are located at separate ends of the unit. An ideal layout for those twenty-somethings still living with the folks or empty nesters craving their own space.

51 Lady Bank Road MOVE ON IF

Not a great walking area. Even with a high walk score of 85, the Queensway, just east of Islington, is more of a driving neighbourhood. The highway is closeby and while the condo/loft is walkable to a few big box stores, no one's travelling on foot to the nearby Costco or IKEA (unless you're only going for the $1 breakfast).

ADDITIONAL PHOTOS

51 Lady Bank Road 51 Lady Bank Road 51 Lady Bank Road 51 Lady Bank Road 51 Lady Bank Road Thanks to Zoocasa for sponsoring our Condo of the Week. To find your dream condo visit Zoocasa.com


by Alana Charles via blogTO

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