Teagan has covered Toronto, GTA, and Ontario cottage country real estate. Before coming to STOREYS as a staff writer, she was a freelance writer for Toronto Life and Cottage Life.
CAPREIT's plans involve bringing 635 new residential units to the Markham-Ellesmere area of Scarborough, and the retention of an existing rental apartment building on the subject site.A major Canadian real estate investment trust has proposed a pair of 37- and 15-storey towers with 635 residential units for a site in the Woburn neighbourhood of Scarborough., was submitted at the end of June and is currently pending the City of Toronto's approval.
Building B, which is 15 storeys and located on the southwest portion of the site with frontage on Brimorton, has been "carefully designed to provide an appropriate transition in scale to the two- to three-storey townhouses located to the west of the subject site," according to the plan rationale. It will have a four- to six-storey podium and bring 197 residential units, 506 sq. m of indoor amenity space, and 826 sq. m of outdoor amenity space to the development.
"1050 Markham is one of the longest-owned communities in CAPREIT’s portfolio, in the heart of Scarborough’s evolving Markham-Ellesmere area," CAPREIT's Senior Development Manager Tejas Bhatt tells STOREYS.
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