btw here's some news!!!!
Thu, June 26, 2008
NDEBONO -- It's not often a property manager gets a thank-you letter from a tenant.
But the Dominion Loft Apartments on Dundas Street, above storefronts in the 200 block, are no ordinary apartments, says property manager Kristina Lansbergen.
It's been one year since they came on the market, marking a new trend for rental units in London's core, an elegant space above a storefront.
"We have been very happy, very satisfied with these units," says Lansbergen. "Before one of our tenants moved out he gave us a letter of recommendation. He just said he appreciated renting from us, that the style of the apartment was exceptional."
The six units target a young professional clientele who want to live in the core within walking distance to work, or students who will bus to the University of Western Ontario, she adds.
The newly renovated spaces have hardwood floors, private patios, stainless steel appliances, a coin-operated laundry on site and secure entry, says Lansbergen.
The spaces have leased out quickly and owner Tom Bird is now looking for other spaces in the downtown to renovate into high-end units.
"I enjoy doing this type of work, restoring old buildings. It was fun and I want to do more," says Bird. "I'm keeping my eyes open."
After buying the space above the Jonathon Bancroft- Snell store and what is now a Coffee Culture in 2004, it was renovated and reopened last year as apartments.
"You cannot get these type of loft storefront apartments anywhere. It it is truly unique, downtown living," says Janette MacDonald of MainStreet London. "They are fantastic. Young professionals want a unique place to live, someplace different."
It's estimated there are 35,000 people working in the downtown and only about 5,300 living in the core.
The units rent from $725 for a bachelor apartment to $1,059 for a one-bedroom, plus utilities.
"We have been happy providing such high-class apartments downtown. There are individuals out there looking for this in the core," says Lansbergen.
"For a lot of people the location is ideal, they can walk to work. It is convenient."