Toronto Sloane | 103.4m | 30s | Fitzrovia | Arcadis

First post of 2026!

December 20, 2025:

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ProjectEnd said:
Against all odds, apparently this is performing very well...
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We have a 3BR with your name on it! Maybe even one of the townhomes👌 It's become an interesting beachhead for couples with ties to 905 (parents or work) with the other partner working in the City.
 
ProjectEnd said:
Against all odds, apparently this is performing very well...
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Really interesting to me. I figured this would be a disaster for Fitzrovia - other than being beside Yorkdale, the neighbourhood actually isn't that great.. rents are falling, and Fitzrovia positions itself as a premium rental product. I guess the cache of living next to Yorkdale is enough to drive rents, which I would not have guessed. I really like what Fitzrovia is doing so I'm happy it's apparently paying off.
 
morecolour said:
I heard the opposite - They're apparently still over 25% vacant with a bigger % of those being their 2 & 3 bed units.
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Building B (middle red one) just opened and has over 200 units, but Building A (western red one) and Building C (grey one) are leasing well. Unfair to reference gross vacancy considering that.
 
ProjectEnd said:
If you think achieving 75% occupancy in the first year at this location, in this market is something to scoff at, I'm not sure what to yell ya, friendo.
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A less than 6% absorption rate is below what would be a target, and 25% vacancy with primarily your highest rent units (which have the slowest uptick), is also not a good marker. You can qualify it if you want, but that is not "performing well".

Also, no need to be rude. If you disagree, explain your metrics.
 
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