Here are two good ways to deceive yourself:
CMCH GTA Rental Market Report
Toronto Planning Rental Housing Supply and Demand Indicators
“Our roads are not here for automobiles. Our roads are here for people to get around.” - Michael Bloomberg, Mayor of New York City - July 10, 2012
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Yeah, but an average takes all that into consideration. But I can't really retort, as I don't have the numbers on what that average actually is. I'd be really surprised if it was more than $1500, though...or even if it was equal to or more than the average condo rental cost.
I understand One City Hall is going to be rental? Anyway, if you can find an example of equally new, similarly located, similar sized condos & dedicated rental you'll find the monthly rates are basicall the same.
Its basically a quality difference, nothing more.
I'd expect higher pricing for Motion given it's extraordinary location, facilities being offered, LEED Gold certified building and five appliance package. Presumably 43 Gerrard will also offer higher end facilities and appliance packages too, though unknown as of now.
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Gee, nothing that we dont already know ....but just cant wait to see this lot developed
I would imagine as a rental building this should break ground as soon as they get city approvals
CONDOMINIUM APARTMENT TOWER, OFFICES, RETAIL
Toronto, Metro Toronto Reg ON
43 Gerrard St W, M7A 2H4
Owner has submitted applications for Official Plan Amendment and rezoning. It is not known at this time when approvals will be in place. Schedule for design, tender and construction will be determined pending approvals. Further update fall 2012.
Owner's Representative and Architect will not accept unsolicited phone calls.
proposed construction of a 50-storey mixed use building containing 615 residential units as well as two levels of commercial space. There will be six levels of below grade parking.
499,800 square feet; 50 storeys; 6 storeys below grade; 615 units; parking for 333 cars
Category: Apartment bldgs; Commercial offices; Retail, wholesale services
To me, it looks like the designers were trying too hard to make capital-A Rotterdam-style Architecture... I just don't understand the point of stacking a bunch of different mini buildings on top of one another in such a way. I for one don't find the overall effect cool & innovative, but rather busy & disjointed.
looks pretty good imo...like the base...
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Not sure how I feel about the stone base. Hmmm. This one's interesting. I like it, but I can't decide if it should be simplified/made neater or if I like just how odd it is.