Toronto 8 Temple | 52.12m | 15s | Curated Properties | RAW Design

Demolition permits are still in process here. All processes on those are closed except for Zoning, which was last noted on file in January '25

No build permits have yet been applied for.
 
The major construction activities and associated timeline for the development are described below:• Demolition: from September 2025 to October 2025;• Excavation and shoring: from February 2025 to June 2026;• Below grade formwork: from April 2026 to August 2026;• Above grade formwork: from July 2026 to May 2027;• Building envelope phase: from September 2026 to October 2027, and;• Interior finishes stage: from January 2027 to July 2028.
I know the only product really moving on the condo side albeit slowly right now, is end user focused and I have heard that the sales on this have been moving along. I wonder if this timeline is accurate, will have to make my way out here to see if has been demolished.

@Northern Light,
Northern Light said:
Demolition permits are still in process here. All processes on those are closed except for Zoning, which was last noted on file in January '25

No build permits have yet been applied for.
Click to expand...
 
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YongeBloor said:
The major construction activities and associated timeline for the development are described below:• Demolition: from September 2025 to October 2025;• Excavation and shoring: from February 2025 to June 2026;• Below grade formwork: from April 2026 to August 2026;• Above grade formwork: from July 2026 to May 2027;• Building envelope phase: from September 2026 to October 2027, and;• Interior finishes stage: from January 2027 to July 2028.
I know the only product really moving on the condo side albeit slowly right now, is end user focused and I have heard that the sales on this have been moving along. I wonder if this timeline is accurate, will have to make my way out here to see if has been demolished.

@Northern Light,
Click to expand...
I see this area almost daily and demolition has not started.

I'll be sure to update when I see some activity.
 
@YongeBloor and @kotsy

Demolition permits have NOT been issued here yet.

Drain and Site Service is 'Issuance Pending' (so waiting for the cheque, and for the demo permits to clear).

The other 'new build' applications are all in, but none are ready to go yet.
 
Sounds perhaps a bit more pragmatic, a new email from the developer suggests that occupancy will be in 2029


8tem.jpg
 
The City is fussy about having building permits before demo for residential homes, especially when there are rental replacement units like in this instance. Demo wont happen until permits are advanced or the unlikely event that Council approves an ad-hoc residential demo application.
 
Hey all

This is my first post here (just made an account). I am not as "in the know" as all of you and -- while I tried to follow along in the thread -- you're all much more knowledgeable about these things :)

This project affects someone I know well and I'm posting on their behalf to see what you awesome folks know.

From your analysis, what's the rough ETA of this project's completion?

This is what that friend (who lives elsewhere in Parkdale) has said:
  • It appears everyone had to be out of the old places by around April 2025 -- because by mid-April, the first floor windows/doors were boarded up
  • Around May or June, these big trees out front had barriers placed around them, like a fence, and signage mentioning being "protected" (and that they're going to be moved elsewhere or something? due to their age)
  • Over the summer, a bunch of Bell and Rogers trucks were there removing the old copper and fiber that was attached to those properties
Meaning we're about a year in and that's all my friend has noticed.

Thanks for any insight :)
 
crumbworks said:
From your analysis, what's the rough ETA of this project's completion?
Click to expand...

@ProjectEnd would know better than I..... but I'm hearing something in the range of 45-60 units sold out of 246.

So just under 20% to maybe 24%

I don't know Curated's books, but assuming this is being financed typically, those sales are nowhere near enough to green light construction.

Typically, you need at least 60% sold and in this market probably 70% to get construction financing.

Given that the non-luxury market for condos is all but dead; and that this is not being marketed as luxury in anyway, I do not see a path forward for this development in the current market.

Maybe a year from now, maybe two.......but maybe not.

If the market conditions supported it, its a relatively small, straight-forward build, and could be up and occupied 18 months after demolition. Even if you allow 24 months.....if Curated themselves are suggesting 2029 occupancy, That would suggest to me they don't foresee beginning construction this year.

Given that the building would require major design changes to support a luxury model (notably parking, but also additional amenities and improved architecture) , and this is not an ideal location for that, I don't see this going anywhere.

I think the most likely scenario would be a pivot to rental; but that's not a given, as that would require government incentives and financing and of course dozens of deposits returned.
 
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