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No Drake Hotel For Queen Street East

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John in Leslieville, Toronto Real Estate News

Following my post about Leslieville Lofts last week, I received several emails from curious readers wondering if Drake Hotel owner Jeff Stober purchased the building at Queen and Broadview -home to Jilly's strip club - with plans to build a similar trendy hotel/bar in the east end.  This rumor has been making the rounds for several years but in June 2006 Stober denied any interest in the building.  I checked to see if the building has changed hands since then and it hasn't.

Hopefully this rumor didn't influence too many buyers at Leslieville Lofts. 

Jillys_2

John Pasalis is a sales associate at Prudential Properties Plus in Toronto and a founder of Realosophy. Email John

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Leslieville Lofts

John Pasalis
John Pasalis
John Pasalis is President of Realosophy Realty, a Toronto real estate brokerage which uses data analysis to advise residential real estate buyers, sellers and investors. A specialist in real estate data analysis, John's research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been shared with the IMF and cited by the Bank of Canada and CMHC. A frequent commentator on the Toronto housing market and real estate consumer and industry issues, John has contributed to the Globe and Mail, CBC, BNN Bloomberg, TVO's The Agenda, Toronto Star and other media, national and international government and industry organizations. John holds a B.Sc. in Economics from the University of Toronto and is a candidate in the Doctorate of Business Administration Program at the University of Toronto and Henley Business School (UK).
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