Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
Pending the City’s go-ahead, the development would bring 365 new residential units to the area, including 33 replacement rental units.In recent years, there’s been a push for more residential density across Toronto, and The Annex has not been exempt. The inner-city neighbourhood has become something of a development hotspot, with no shortage of sky-scraping condo towers expected to crop up in the area in the years to come.on behalf of 2114778 Ontario Inc.
Amenity spaces have also been proposed — the outdoor amenity area is currently slated for the ground floor along the south side of the building and extending into the rear yard, while the indoor amenity areas are expected to be located on the 6th and 7th floors — as well as 44 vehicle parking spaces, 403 bicycle parking spaces, and two levels of underground parking.
Despite some skepticism, industry stakeholders agree the model is a move in the right direction given the severity of Toronto’s housing crisis, and could be an opportunity for the private and public sectors to come together.Heritage Home Built In 1908 Snapped Up In Vancouver's Mount Pleasant “Variable-rate mortgagors are set to see significant payment shock, perhaps as high as 84% by 2026 if interest rates do not decline.”"Deeply Troubling Pattern": 18 MZOs Issued To Guests Of Ford Family Wedding
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