Toronto 6 Howard Park | 39.4m | 11s | Lamb Dev Corp | a—A

interchange42 said:
Great for bowlers, and there are so few alleys left anymore…

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"Starting from the low $800s. Steps from Yorkville..."


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Ahh, the lamb special of bowling alley units. The Wentworth on Richmond is exactly the same. At least there it’s all windows for the limited exterior wall space the units actually have.
 
As for the outside, it looks like some kind of institutional building from the 70's...I'm not saying that's a bad thing, I'm not sure I would want to live in something like that.

Back to the bowling alley though, I would find it also disconcerting living in a space like that. I prefer the abode where everything is accessible and not feeling like I need to hop on bicycle to get to the bathroom from the kitchen. >.<
 
junctionist said:
When the building has a lot of undesirable units, you have to wonder if 20 years down the road, it'll be getting desirable tenants.
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I doubt very mcuh there's any correlation between undesirable units and the folks that occupy them or vise versa. As I'm pretty sure Mar-a-lago is pretty desirable place to live in, can't say the same for it's current occupants, in the example...
 
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The point is that if it's not good quality housing (e.g. if a lot of units are poorly proportioned and/or not particularly comfortable and pleasant to live in), the building can decline in the future. The residents themselves may generally be good people, but the value of the real estate might end up stagnating. The tenants who can afford to pay more will find other places to live.
 
junctionist said:
The point is that if it's not good quality housing (e.g. if a lot of units are poorly proportioned and/or not particularly comfortable and pleasant to live in), the building can decline in the future. The residents themselves may generally be good people, but the value of the real estate might end up stagnating. The tenants who can afford to pay more will find other places to live.
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I think it's fairly safe to say that those who end up living there are likely the ones who are not bothered by the weirdly proportioned units or ones who think it's a unique living experience. Folks, like myself, who want more conventional spaces will naturally try to look elsewhere from the get go.
 
junctionist said:
The point is that if it's not good quality housing (e.g. if a lot of units are poorly proportioned and/or not particularly comfortable and pleasant to live in), the building can decline in the future. The residents themselves may generally be good people, but the value of the real estate might end up stagnating. The tenants who can afford to pay more will find other places to live.
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While I don't think much of the unit layouts here (other than for the bowling class, who will be thrilled), anyone who invests in any building, whether they live in it themselves or whether they rent it out (you used the word tenants in a previous post—who knows how many here will be owner-occupiers and how many will be tenants), the owners will have an interest in the building being properly maintained over time so that their investment remains solid. Why would they let the building decline?

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