mferna
Active Member
Read our new article highlighting this development here! https://urbantoronto.ca/news/2024/0...n-go-adds-20-storeys-more-doubles-units.56837
Toronto 1705 Weston Road | 146.37m | 43s | Altree | Graziani + Corazza
- Thread starter PMT
- Start date
Application Details
www.toronto.ca
Another resubmission with the following stat changes:
- Total residential units increased from 549 to 559 (still includes 15 rental replacement & 6 affordable)
- Unit mix redistribution
- Total vehicular parking decreased from 86 to 70
- Total bicycle parking decreased from 615 to 576
- Height decreased from 149.6 to 146.37m
- Minor GFA increase
Northern Light
Superstar
Decision Report - Approval Recommended heading to the next meeting of EYCC:
AlbertC
Superstar
merigalvez
New Member
Would anyone know if these MTSA zoned Proposals are a little bit more immune to the current Condo Market conditions or they are in the same boat as any other condo project in terms of being cancelled and postponed?
Northern Light
Superstar
The condo market is extremely poor across the board at the market. The only segment with a bit of life is the high-end stuff, and then, there is still limited absorption (sales).
A smattering of projects will go forward, right product, right-place etc. ....
But by and large, only rental with CMHC financing and City incentives is moving forward right now. This is true with or without MTSA.
That will change, at some point, but not all that soon.
Northern Light
Superstar
New submission here.
@Paclo
Whatever your take on the original proposal (a 43 storey tower), double it! Because the proposal as modified is now for two 43 storey towers.
The owners have acquired 6 and 8 Victoria Avenue and consolidated them to the assembly.
The Details:
Stats:
Average unit sizes are unrealistically small:
That's under 900ft2 for a 3-bed.
Tenure is checked as 'other' (so undecided)
Elevator Ratio:* Based on the stats graphic above
West Building: 526 units, 4 elevators = 1 elevator per 131 units
East Building: 449 units, 4 elevators = 1 elevator per 112 units
^ On Unit totals:
@Paclo will want to help me with my confusion.......
The stats above say 996 units total but the east and west buildings in that same graphic add up to 975 units.
Meanwhile, the Project Data Sheet shows the 996 number, but also 981 units:
So we have 3 different numbers.
I'm not having a coffee at 3:45am, I'm going back to bed and waiting for Paclo to figure that out.....
@Paclo
Whatever your take on the original proposal (a 43 storey tower), double it! Because the proposal as modified is now for two 43 storey towers.
The owners have acquired 6 and 8 Victoria Avenue and consolidated them to the assembly.
The Details:
Stats:
Average unit sizes are unrealistically small:
That's under 900ft2 for a 3-bed.
Tenure is checked as 'other' (so undecided)
Elevator Ratio:* Based on the stats graphic above
West Building: 526 units, 4 elevators = 1 elevator per 131 units
East Building: 449 units, 4 elevators = 1 elevator per 112 units
^ On Unit totals:
@Paclo will want to help me with my confusion.......
The stats above say 996 units total but the east and west buildings in that same graphic add up to 975 units.
Meanwhile, the Project Data Sheet shows the 996 number, but also 981 units:
So we have 3 different numbers.
I'm not having a coffee at 3:45am, I'm going back to bed and waiting for Paclo to figure that out.....