Rumors are suggesting that Mastercraft Starwood is looking at this May to start local sales for the latest building to carry the Soho name. Soho Italia is going to be a 30 story, 254 unit building that will be located in Little Italy at 500 Preston Street at Carling Ave. Prices are suggested to "start from the low $200,000's".
The building has been for sale in outside markets (Toronto, Montreal) to investors. No word on the amount that has been sold.
Soho Italia is set to contain over 10,000sqft of indoor and outdoor amenities, which includes a fourth-floor area as well as a 30th-floor rooftop amenity area (ask buyers at Mondrian why it matters to specify!).