If you’ve been reading the blog long enough, you’d probably remember the article about Sleb and the scandal with the developer back then, the money being owed to the people who purchased and the legal battle between the promoter (Minco), creditors (Dalle Nogare) and the buyers.
The news were released last year, the Sleb project was finally settled and taken from Minco by the Dalle Nogare family. The buyers who lost money on the initial investment were reimbursed and a new project was born: Lofts des Arts.
There are 102 industrial style condos, from 818 to 1650 sq ft, with 10 foot ceilings and hardwood floors. The asking price starts at $250,000. There’s no model unit to see, because (according to the sales rep) “every unit is different and unique”.
Wishing best of luck with the new project and I’m happy to hear the buyers from Sleb got their money back. Will they return to the new project? My friend who bought there decided not to take a chance with the new developer. Maybe others will be more adventurous.
Posted by: Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889 
Is this project sold out ?
Not sure. I haven’t seen any action outside the building lately.
I live @ the Lofts des Arts since 1 year and a half. Great building and great team. Thank you Vito and Danny. Last week my fosset was leacking, warranty expired, but thet came and fixed free of charge the day after the complaint.
My neighbor resold his unit last summer, only 1 year after he moved in. He made more than 100k of profit!
I've heard instead that the Minco's developer, Minicucci, has been in prison in Italy for a while… what a crook… I'm wondering who's screwing now.