This unit in the new Hive building at 51 Lady Bank Road is extreme architecture on the Queensway. Priced at $629,900 for a two bedroom, the beehive-style loft is a standout one in an area amongst older developments, where modern architecture is a rarity.

The boutique building by Symmetry Developments and Teeple Architects, who have designed a range of cool projects around the city, initially received a lukewarm reception for its bold design in "boring Etobicoke" (a reader's opinion, not mine).

The end result, however, looks more like a hip loft on West Queen West with its angular faรงade and zinc cladding. The unit is spacious at 1,300 square feet, with two bathrooms and 10โ€ฒ ceilings. The building features a parking stacker system (a car elevator), a first for the area. Basically, park your vehicle, hit a button and your car is raised to make room for another.

Cool stacker and all, the unit isn't selling. Originally listed for $649,900, the owners dropped the price about three percent. Is the Hive too much...sorry...buzz for the neighbourhood? Check out the photos below.

SPECS

• Address: 501, 51 Lady Bank Road
• Price: $629,900
• Square feet: 1,300
• Bedrooms: 2 plus den
• Bathrooms: 3
• Parking: 1
• Taxes: Not assessed
• Maintenance fee: $786.54/monthly
• Walk Score: 85

NOTABLE FEATURES

• Bedrooms with separate living quarters
• Kitchen with 10' island
• Locker included
• 200 sq. ft balcony
• Pre-wired alarm system

GOOD FOR

Privacy. The bedrooms have their own ensuite and are located at separate ends of the unit. An ideal layout for those twenty-somethings still living with the folks or empty nesters craving their own space.

MOVE ON IF

Not a great walking area. Even with a high walk score of 85, the Queensway, just east of Islington, is more of a driving neighbourhood. The highway is closeby and while the condo/loft is walkable to a few big box stores, no one's travelling on foot to the nearby Costco or IKEA (unless you're only going for the $1 breakfast).

ADDITIONAL PHOTOS

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