Coming soon to the entertainment district from Cresford, Lofts 399.
This project is on the site of the project previously marketed as “Mode Lofts”. Cresford canceled this project last year after selling some of the units over a dispute with the city over density that apparently could not be resolved.
The project is being resurrected as Lofts 399 and floor plans are now up on Cresford’s official site. The name is derived from the address which will be 399 Adelaide in the heart of the Fashion/Entertainment districts.
Sales have not started to the broker community or anyone officially yet, but if you are interested in Lofts 399, please contact me because I have an exclusive opportunity to sell units to my clients at substantial discounts from what prices will be when they launch to the broker community later this winter.
Keep checking back here for updates on this project.
Links:
Cresford’s official website (includes floor plans).
Is Cresford still building this condo?
Hi John,
As of last month yes, Cresford is still building this project. Will this change given the current economic conditions? Possibly.
Thanks for the update, Andrew. However, based on what the site looks like, I would more say they canceled the project. Do you have a firm date from them? If you don’t, well, I wouldn’t hold my breath. I was actually interested to purchase a unit there. But with no firm proof that the project will go on, I won’t lock my money into it.
Andrew,
Just wondering whether Cresford is going ahead with 399 Lofts. I was interested in booking a unit at the pre-sales discounted price but now I’m not so sure. Do you have any updates?
Regards,
Sanjib
Hi Sanjib & John,
I’m trying to get in touch with my contact at Cresford for the low down. With the holiday season still in full effect, likely I won’t have anything until next week, but I will get in touch with you when I have something more concrete.
Thanks, Andrew…let me know soon what the deal is. I need to make a decision what to buy soon.