Call for Proposals: 4 Affordable Residential Units Available in the Artscape Lofts at PACE

The deadline to apply for Phase 2 of the Artscape Lofts is fast approaching!  To apply for this exciting opportunity to own an affordable, artist-friendly unit in an innovative new building you must submit your proposal no later than 10:00am on July 17th.

The Artscape Lofts represent an opportunity for artists and artist-led families to access housing at below-market prices, build equity in Toronto’s expensive real estate market and remain rooted in rapidly changing areas of the city. They result from efforts of the City of Toronto’s Affordable Housing Office and its Home Ownership Assistance Program, Section 37 development agreements and City Planning, and they reflect the goals of Toronto’s 10-year affordable housing plan.

Artscape is excited to announce the second phase of the Artscape Lofts.  They are currently inviting qualified artists and artist-led families to submit their applications for the remaining four affordable residential units available in the Artscape Lofts at PACE. An initial Call for Proposals was launched by Artscape in December, 2014 which secured purchasers for 15 of the available 19 Artscape Lofts opportunities. The current Call for Proposals is seeking qualified buyers for the remaining four units. These residential units are part of the PACE condominium building, located at 155-163 Dundas Street East.

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