Toronto Estates on Bayview | 13.3m | 3s | Bazis | Soscia Architects & Engineers
- Thread starter Edward Skira
- Start date
James
Senior Member
There was a recent pamphlet from CBRE regarding this redevelopment opportunity with some aerial map views of the site in question.
http://www.cbre.ca/AssetLibrary/Bayview+Fifeshire_brochure.pdf
http://www.cbre.ca/AssetLibrary/Bayview+Fifeshire_brochure.pdf
Armour
Senior Member
2716 BAYVIEW AVE
Ward 25 - North York District
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The applicant proposes to construct four blocks of townhouses, having a total of 21 units. Additionally, two detached dwellings are proposed. It is proposed that the townhouses would front Bayview Avenue. Vehicular access would be provided form Bayview Avenue, with an additional egrees to Fifeshire Road. The two detached dwellings would be located behind the townhouses, and take access from Caldy Court. A total of 7,242 square metres of gross floor area is proposed.
Proposed Use --- # of Storeys --- # of Units ---
Applications:
Type Number Date Submitted Status
Rezoning 15 267780 NNY 25 OZ Dec 21, 2015 Under Review
Ward 25 - North York District
►View All Properties
The applicant proposes to construct four blocks of townhouses, having a total of 21 units. Additionally, two detached dwellings are proposed. It is proposed that the townhouses would front Bayview Avenue. Vehicular access would be provided form Bayview Avenue, with an additional egrees to Fifeshire Road. The two detached dwellings would be located behind the townhouses, and take access from Caldy Court. A total of 7,242 square metres of gross floor area is proposed.
Proposed Use --- # of Storeys --- # of Units ---
Applications:
Type Number Date Submitted Status
Rezoning 15 267780 NNY 25 OZ Dec 21, 2015 Under Review
petulantfashionista
New Member
Hi, newly joined here.
Just wanted to share something that I found was a little disturbing.. I attended a sales session with Bazis for their $2mil estates on bayview project. At the meeting they were unable to tell me anything about the fixtures being used, what tiles (marble? porcelain?) What floors? what brand kitchen appliances etc other than it being of 'very high quality'. It was all a little odd, I'm very familiar with the area and the pricing but even a year later after the meeting... I still can't wrap my head around investing that kind of money in real estate with none of that basic information.
Fast forward a few months later there was a collapse of a famous builder, turns out townhomes are exempt from protection from the government if the builder decides to default....... (urbancorp)
Curiously, Estates on Bayview is no longer a project listed on Bazis' website. I see a few listings for pre-construction still floating around though. The area is nowhere close to breaking ground. I heard there were some major pushback from the surrounding neighborhood (Bridle Path) against the townhomes which is expected.
I wonder how this will all span out.
Just wanted to share something that I found was a little disturbing.. I attended a sales session with Bazis for their $2mil estates on bayview project. At the meeting they were unable to tell me anything about the fixtures being used, what tiles (marble? porcelain?) What floors? what brand kitchen appliances etc other than it being of 'very high quality'. It was all a little odd, I'm very familiar with the area and the pricing but even a year later after the meeting... I still can't wrap my head around investing that kind of money in real estate with none of that basic information.
Fast forward a few months later there was a collapse of a famous builder, turns out townhomes are exempt from protection from the government if the builder decides to default....... (urbancorp)
Curiously, Estates on Bayview is no longer a project listed on Bazis' website. I see a few listings for pre-construction still floating around though. The area is nowhere close to breaking ground. I heard there were some major pushback from the surrounding neighborhood (Bridle Path) against the townhomes which is expected.
I wonder how this will all span out.
New documents have been submitted to the City to support both the rezoning application and site plan approval, as recently as the 4th of this month, so while it may seem to be taking a while, it is advancing.
Every developer moves at their own pace, and we cannot know how a particular project fits into their schedule until they make public moves!
42
Every developer moves at their own pace, and we cannot know how a particular project fits into their schedule until they make public moves!
42
sunnyraytoronto
Senior Member
Bazis has always moved at a slower pace than others. I found it odd that when every condo-developer and their grandmother are building condo towers,.... a condo-developer like Bazis suddenly switches to townhouses,... looking at Bazis product cycle,...
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-153#post-1191168
As for Bazis' townhouse projects,....
599 Lawrence Ave West submitted September 2016 was withdrawn a couple months later!
http://urbantoronto.ca/forum/threads/599-lawrence-ave-w-englemount-4s.26120/#post-1191232
http://app.toronto.ca/DevelopmentAp...ion=init&folderRsn=4029112&isCofASearch=false
As for Bazis' Estate On Bayview townhouse project,....
development application submitted: Dec 21, 2015
- Council approval (with local ratepayers group support after revisions as per documents) December 13, 2016 but project DISAPPEARED from their bazis.ca website (as of early Feb 2017) and on-site signage disappeared
http://www.toronto.ca/legdocs/mmis/2016/ny/bgrd/backgroundfile-98010.pdf
http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2016.NY18.35
- Resubmission started in Feb 2017
http://app.toronto.ca/DevelopmentAp...ion=init&folderRsn=3877634&isCofASearch=false
- Land severance of 2 rear house lots from the 20 townhouse lots on Bayview granted May, 2017
https://www1.toronto.ca/City Of Tor...g Toronto/Files/pdf/M/May 4 2017 Decsions.pdf
Note, after Bazis lost about $30million on their failed 1 Bloor East project, it seems all of Bazis' condo projects required generally 2 other partners to get financing (a-la EmeraldPark, Exhibit, e-condo, but only one other partner for 1 Yorkville). But Bazis seem capable of getting financing themselves on these little townhouse "filler" project,.... or maybe not,... they severed this lot into 2 house lots in rear and 20 townhouse lots on Bayview; that might be so it's easier to sell off the Bayview frontage land to townhouse developers VS individuals looking for house lots (rear). (Note: When I checked last week, Bazis still own all the Estate on Bayview land.) Or just sell of the 2 house lots to raise money for financing the townhouses. But why townhouse project get resubmitted? Maybe help void previous buyer contract so Bazis can sell new townhouses higher as market increases.
Also, Bazis' Tiffany style "Estate On Bayview" signage disappeared from this site months ago! Add to that Bazis' architect Rosario Varacalli (one of the most talented locally stationed architect) seem to have set up his own firm to work with other developers,....
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-153#post-1191168
As for Bazis' townhouse projects,....
599 Lawrence Ave West submitted September 2016 was withdrawn a couple months later!
http://urbantoronto.ca/forum/threads/599-lawrence-ave-w-englemount-4s.26120/#post-1191232
http://app.toronto.ca/DevelopmentAp...ion=init&folderRsn=4029112&isCofASearch=false
As for Bazis' Estate On Bayview townhouse project,....
development application submitted: Dec 21, 2015
- Council approval (with local ratepayers group support after revisions as per documents) December 13, 2016 but project DISAPPEARED from their bazis.ca website (as of early Feb 2017) and on-site signage disappeared
http://www.toronto.ca/legdocs/mmis/2016/ny/bgrd/backgroundfile-98010.pdf
http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2016.NY18.35
- Resubmission started in Feb 2017
http://app.toronto.ca/DevelopmentAp...ion=init&folderRsn=3877634&isCofASearch=false
- Land severance of 2 rear house lots from the 20 townhouse lots on Bayview granted May, 2017
https://www1.toronto.ca/City Of Tor...g Toronto/Files/pdf/M/May 4 2017 Decsions.pdf
Note, after Bazis lost about $30million on their failed 1 Bloor East project, it seems all of Bazis' condo projects required generally 2 other partners to get financing (a-la EmeraldPark, Exhibit, e-condo, but only one other partner for 1 Yorkville). But Bazis seem capable of getting financing themselves on these little townhouse "filler" project,.... or maybe not,... they severed this lot into 2 house lots in rear and 20 townhouse lots on Bayview; that might be so it's easier to sell off the Bayview frontage land to townhouse developers VS individuals looking for house lots (rear). (Note: When I checked last week, Bazis still own all the Estate on Bayview land.) Or just sell of the 2 house lots to raise money for financing the townhouses. But why townhouse project get resubmitted? Maybe help void previous buyer contract so Bazis can sell new townhouses higher as market increases.
Also, Bazis' Tiffany style "Estate On Bayview" signage disappeared from this site months ago! Add to that Bazis' architect Rosario Varacalli (one of the most talented locally stationed architect) seem to have set up his own firm to work with other developers,....
petulantfashionista
New Member
Wow, very knowledgeable with this sunnyraytoronto.. Thank you so much for the info!!
sunnyraytoronto
Senior Member
Yes, while "Bazis" resubmitted new files including updated architectural drawing on July 4th,.... the real Bazis was selling,... not the proposed townhouses but the land,.. to another developer!
Like I said, Bazis' Estate On Bayview and Oasis On Lawrence were just filler project for Bazis, little project until last 2 condos are done (e-condo & 1 Yorkville)
http://urbantoronto.ca/forum/thread...-rosario-varacalli.4829/page-153#post-1191168
But apparently, these filler townhouse projects would take too long and Bazis can't wait to get out of town! This is what happens when a "luxury" developer can't deliver what they promised their customers,..... thus, do expect Bazis' e-condo and 1 Yorkville (under construction) projects to turn out as poorly as EmeraldPark since Bazis is making a beeline out of town!
As image shows, 2716 Bayview and surrounding lots will now be for new townhouse project to be called Empress Park - by RUP - designed by Giovanni A Tassone Architect Inc.
http://www.empresspark.ca/
Mods,... title should be changed from:
"Estates on Bayview (2716 Bayview n of York Mills, Bazis) PLANNING
To
"Empress Park (2716 Bayview n of York Mills, RUP) PLANNING
I'm wondering how RUP came up the name,.... since occasionally if I had too much to drink and I start talking about Empress Walk or Emerald Park,.... it'll come out as "Empress Park"!
Re-reading my previous posts,....
http://urbantoronto.ca/forum/threads/toronto-oasis-townhomes-on-lawrence-15m-4s-bazis-suriano.26120/
http://urbantoronto.ca/forum/thread...york-mills-bazis-planning.23608/#post-1239570
Yup,... Bazis' product line (only e-condo, 1 Yorkville under construction and no development application in planning while every Condo developer in Toronto and their grandmothers have full product line with numerous proposals in development and pre-application stages),.... sure looks like Bazis is getting ready to crawl back under that rock they came from in Kazakhstan
BTW, just like Estate On Bayview,.... "Bazis" recently resubmitted new and much smaller Oasis of Lawrence project in late August,...
http://urbantoronto.ca/forum/thread...ence-15m-4s-bazis-suriano.26120/#post-1252178
Just waiting for the Bazis fat lady to sing farewell,....
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Marcanadian
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someMidTowner
¯\_(ツ)_/¯
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sunnyraytoronto
Senior Member
So Bazis - Estate On Bayview - assembled the lot, up-zoned twice only to flip,... to RUP group - Empress Park - which tried to sell starting in mid-2 million ,.... per townhouse!!! Here’s another rendering from http://empresspark.ca/
I guess it’s tough selling townhouses starting at mid-2 million per,.... RUP Group seems to be giving up on this EmpressPark since the assembled land with zoning for 20 townhouses is now for sale,... for just under $25million! Huge For Sale sign on site,...
www.barrycohenhomes.com
Thus, @mod should change status to DEAD — again!
I guess it’s tough selling townhouses starting at mid-2 million per,.... RUP Group seems to be giving up on this EmpressPark since the assembled land with zoning for 20 townhouses is now for sale,... for just under $25million! Huge For Sale sign on site,...
Page Not Found
www.barrycohenhomes.com
Thus, @mod should change status to DEAD — again!
TheKingEast
Senior Member
Surprised they can’t sell. That is a pricey area.
abp10
New Member
I know the unwritten rule of "don't ask if theres any updates". But is there ANY updates on this on sources that I don't look at. It seems like including this project most of these down this road have been left abandoned