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Stalled condo on Queen East might finally be completed

Posted by Derek Flack / May 23, 2014

Kartelle Lofts TorontoThe half-finished shell of a condo that's lay mostly dormant at Queen and Pape for over half a decade might actually be completed thanks to the recent sale of the building to a developer. What were once supposed to be the Film Studio Lofts will now be known as the Lofts on Queen, as Kartelle, a mid-sized local company, snatched up the property after a legal battle derailed the former owner's plans to finish the languishing project.

There's already been some progress made in cleaning up the site, which the removal of scaffolding, replaced insulation and, of course, new signage installed around the base of the building. Rose and Thistle, the previous owner, had pegged April 2014 as a completion date when it purchased the building back in 2012. While Kartelle doesn't have concrete closure date set (the sale doesn't close until June), it's actually possible that work could be finished within a year. One imagines that sure would make the neighbouring businesses and Leslieville residents happy.

Discussion

12 Comments

CHaz / May 23, 2014 at 11:17 am
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No Not gentrification. NOT JILLY'S NOT COFFEE TIME!!!! LEAVE THE EAST ALONE.
Carrie replying to a comment from CHaz / May 23, 2014 at 11:28 am
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This building has been languishing half-constructed for years. Would you prefer it stayed that way?
CHaz replying to a comment from Carrie / May 23, 2014 at 12:16 pm
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YES!!! Last thing we need is more Condos with a Starbucks or some chain business on the main floor. TEAR IT DOWN start again.
Ell / May 24, 2014 at 12:25 am
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I'm good as long as THE TASTY CHICKEN remains.
Greg / May 24, 2014 at 08:21 am
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Just dont touch Icy Spicy Fusion!
kn / May 24, 2014 at 09:07 pm
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Chaz, I get your objection to yet another chain business moving into the bottom retail level but beyond that, I don't understand your objection. This typology is light years ahead of what is being built downtown. Detached and semis having become unaffordable to most people, so unless they are going to allow 4 stories on every neighbourhood street (allowing stacked town homes on infill lots these are the types of buildings that will help people live in larger condo units without the massive condo fees.
marc / May 25, 2014 at 03:59 am
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Leave the building half built.....its become somewhat of an iconic site for the neighbourhood. An artful site, connoting abandonment, capitalism failing, bureaucracy, deterioration, half-complete transaction, real estate legalize...a conversation starter.
BILD Toronto / May 25, 2014 at 01:55 pm
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What a fucking eyesore that building is. Tiny builders have no chance of surviving the condo boom. Leave the construction game to big boys who win BILD awards. Note to small and emerging real-estate companies: FUCK OFF.
Bob But Not Doug / May 26, 2014 at 12:50 pm
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The original sign read "OCCUPANCY FALL 2007"
Pat Roy / June 4, 2014 at 11:27 pm
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@CHaz: goodbye Jilly's, goodbye Coffee Time. It's about time the east caught up.
Whole Witt / June 10, 2014 at 12:21 pm
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Couple high end residential condos aren't gonna scare off the coke fiends from this corner. Will still be a great place to watch bum fights on a Saturday morning.
Jesse Edwards / July 9, 2014 at 12:37 pm
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There is no way anyone is moving in in a few months. Nothing has changed except the poster. It's amazing that that intersection is in the state it is with all the new people moving into the neighbourhood. Coffee time is a horrible dirtbag little chain. The price of the coffee does not warrant that kind of experience.

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