We are getting ready for first occupancies at Junction House and it is exciting to see how many young families -- with children -- are looking forward to moving into the building's larger 2-storey suites. (These are the suites that gave the project its name -- Junction House.)
From the outset, this was always a part of our development thesis. You can't, or at least it's very difficult, to pre-sell an entire building of larger suites in Toronto. But we figured that in a submarket like the Junction, which is very popular with young families, that there had to be some buyers who would want a house-like residence.
Meaning, two floors of living spaces, upstairs bedrooms (better acoustic separation), larger living spaces, and a terrace for BBQing and gardening, among other things.
We are now seeing this play out with the wonderful people coming in for their pre-delivery inspections, and it's a really nice thing to see. Not only as a developer, but as a dedicated urbanite and lover of Toronto. I am not suggesting that it's for everyone. But clearly there is a segment of the market that wants this.
For a list of available homes at Junction House, including floor plans and pricing, click here