Recent content by T-Bor

Yeah that was how Bradford framed it - it was the city putting on that stipulation, not the developer. On your other points, I rely on street parking in the area, and even I think that $22/month is way too cheap. I don't mind the large retail to be honest. Sobey's was actually at the meeting...

Is it easier, in theory, to build/modify a 9-plex like the one above due to last year's zoning changes?

I 'went' to this event, and I was surprised to find out that for anyone who buys one of units, it will be written into their contract that they cannot get street parking. Has anyone else ever heard of this on other buildings? I get it for downtown, but I'm surprised it was the case in the east...

I hadn't even considered that, but that makes sense. If they can't finish a relatively straightforward set of townhouses, doesn't bode well for any mid-high rise projects they have

This is actually more central in the area than I initially thought. Maybe a block from Sheppard, with a stop right at Brian Dr. A bit of a hike to Don Mills, but at a normal walk it's still only around 15 minutes Plus, looks to be purpose-built rental, which is great

Talk about an impressive laneway house!

Are there going to be 16 units between this and the laneway/garden suite??

I was just driving by this the other day and was wondering if it would conform to the existing zoning changes. Great news that it does! Any word if this is going to be a condo or a rental? The lack of explicit references to it being a rental makes me think it may be individual ownership

How do you know they made $500K? I'd been following this property for a while when each unit was listed. If people can make serious money by developing and selling properties like this for $800/ft a detached, and around $650/ft for the condo units, that's fantastic. Will draw more developers...

Very cool! Are these newly permitted, or is this a special exemption? I'm a bit confused by the Danielle Smith reference at the end though...

Generally speaking, is there any way to tell at this point in the application process whether a property will be separated and sold as separate units, or if it'll be rental housing (i.e. one landlord)?

Is this the type of project that is now permitted due to last year's zoning rule changes? Or would something like this have always been permitted on this site?

Yeah it's a mini-condo, and all owners form the 'board' to make decisions. More involved than normal, but that also partly explains the much lower maintenance fees. One of the units seems to have just sold for $980k for around 1,500SF. If developers can make money on these at around $650/foot...

Yeah for sure, there are other, substantial differences. Boom/bust so people generally don't pay to their max, less of a 'prices can only go up' mentality. The zoning laws are just one explanation. Was this part of the 2023 reforms? If so, that's great news. Agreed it'll take a while for...

Very helpful reply. But you're partly proving my point. No, prices may not have gone down. But in addition to those charts that you showed, there are also a few additional things that need to be remembered 1) Between 2007, the last peak, and 2024. Inflation has been 44%. 2) Over that same...