This collection of affordable units in downtown Toronto is designated for artists and their families for as long as the units exist. The Artscape Lofts at PACE are a 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, plus Artscape’s development partners.
Pre-occupancy (development) cost: N/A
Affordability model: Below-market ownership and rental (residential)
Building Ownership Detail: Privately owned condo development
Area (square feet): 9,200
Spaces included: 14 condominium units
Tenants: Private residences
Building accessibility: Fully accessible by Ontario standards
Developer: Great Gulf
Design: Diamond Schmitt Architects
Residents of The Artscape Lofts at PACE were some of the first to participate in Artscape’s Value Exchange Program.