Sales Opportunities

Artist Work Studios For Sale

Artscape YOUNGplace, Artscape’s latest development in the West Queen West arts community, will be a multi-dimensional, multi-tenanted facility designed to build capacity for creativity and innovation and bring creative people and ideas together under one roof. Work studios at Artscape Shaw Street Centre are now being sold to artists and not-for-profit arts and community organizations at below-market rates.The below-market cost is achieved through Artscape offering a second mortgage on the market price which brings the purchase price down by 25%.

For individual eligibiltiy, view the Draft Canadian Artist Code for guidelines>

Sales Appointments and Inquiries

For a list of upcoming open houses, click here>

If you are interested in learning more about sales opportunities at Artscape YOUNGplace or if you would like to book a sales appointment, please contact Christine Paglialunga at christine@torontoartscape.on.ca or 416-392-1038 x 21.

Overview

• First commercial condominium created exclusively for artists and non-profit arts organizations
• To date, 90% of the studios have been sold and leased
• Potential studio uses include artist work space for production, exhibition, education, programming and administrative purposes
• Developed for the arts community, governed by the arts community, owned by the arts community – forever
• Repurposes the historic Shaw Street School (1915) at 180 Shaw Street, north of Queen St. W.
• In the heart of the arts: situated in the Queen West Triangle area close to The Theatre Centre, Gladstone Hotel, Drake Hotel, Museum of Contemporary Canadian Art (MoCCA) and the largest concentration of art galleries in Toronto
• Artscape second mortgage is a 25% no-interest, payment-free mortgage
• Requires only 10% deposit (5% upon signing PSA and 5% 90 days later)
• Shared appreciation program
• Expected occupancy for Fall 2012
• Created by a not-for-profit organization with 25 years real estate experience

Building Features Include:

• Restored neoclassical sandstone façade
• Ground floor main entrance on Shaw Street
• Fully accessible
• Passenger/freight elevator
• Individual locked mailboxes
• Loading area
• Washrooms on all floors
• Sprinkler system
• Original terrazzo floor in common areas
• 24/7 access for owners/tenants
• Shared hallways for programming
• Dedicated website for facility

Studio Features Include:

• Units range in size from 467 – 1,546 sq. ft
• Ceiling heights range from 10’ – 14’
• Rough-in drain and cold water
• Newly painted ceiling and primed walls
• Unit controlled heating and air conditioning
• New thermal glazed, operable windows
• Individual metered electrical service (60A)
• Rough-in conduit for voice and data
• Opportunity to retain original finishes (blackboards, cloakrooms) as desired
• Additional improvements are the responsibility of the owners