Toronto 3100 Bloor Street West | 57.7m | 16s | Tridel | Kirkor

is the city just holding off building any condos at this point? that stretch of Bloor (Prince Edward- Montgomery rd) seems like will take another 10+ years to see any new building go up :(
 
The city doesn't build condos, private developers do. And the market has been dead since interest rates went up in 2022. The feds cutting immigration in 2024 was another blow and Trump's volatility was yet another one.

As a result, there's a large glut of condos on the market from unsold precons to recently closed buildings and older resale units. So nothing's going ahead here or most other sites any time soon, unless it's rental.

But even the rental market has slowed because of low immigration and lots of new supply.
AlbertC said:
The new condo market is on hiatus until morale improves!
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The beatings will continue until morale improves.
 
It is really unfortunate as so many of these lots on Bloor are just going to remain dead empty lots with no new businesses coming in. I would loveeee a big grocery store to open up on bloor along this stretch :(
 
dtaleb said:
It is really unfortunate as so many of these lots on Bloor are just going to remain dead empty lots with no new businesses coming in. I would loveeee a big grocery store to open up on bloor along this stretch :(
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What do you mean? This was a car dealership. Kingsway Auto Service and Kingsway Carwash are the only other two I can think of but again, they were just auto-uses.
 
ProjectEnd said:
What do you mean? This was a car dealership. Kingsway Auto Service and Kingsway Carwash are the only other two I can think of but again, they were just auto-uses.
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Yeah I get that, I am saying now they're just empty lots. I'd love to see more businesses open along this stretch of bloor, so the faster they develop these lots the better!
 
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