News   Jan 22, 2020
 298     1 
News   Jan 22, 2020
 288     1 
News   Jan 22, 2020
 814     1 

60 Yonge Street (Lanterra, ?s, ?)

innsertnamehere

Superstar
Member Bio
Joined
Mar 8, 2010
Messages
13,876
Reaction score
8,273
While the TBG and the ZBL are both hardly hard limits - the ZBL at least has some root in actual law. And it says 76m. Regardless, given the price here, we are likely looking 200m+.

Also, the TBG have a height limit of 182m as this fronts onto Yonge.
 

Urban-Affair

Senior Member
Member Bio
Joined
Nov 18, 2007
Messages
2,024
Reaction score
687
Location
East Side Toronto / North Side Switzerland
I am curious, does anyone know how developers generally go about their assemblage of property in order to have enough land for a feasible development? Meaning, do they get a 'foot in the door' property sometimes so to speak, sort of like how 60 Yonge is the first property purchase for Lanterra in this location? ( 48 Yonge doesn't appear to be owned by them - yet.)
 

Urban-Affair

Senior Member
Member Bio
Joined
Nov 18, 2007
Messages
2,024
Reaction score
687
Location
East Side Toronto / North Side Switzerland
Perhaps, but would the allowed density bring in enough return compared to the current use? It is a 12 storey office building after all. The building next door - Victoria Hotel - sold for around 20 mill earlier this year also to an investment company from BC - BCIMC. 56 Yonge, south of that, hasn't sold recently I don't believe.
 

Automation Gallery

Superstar
Member Bio
Joined
May 5, 2007
Messages
12,127
Reaction score
2,537
Location
South Parkdale
Perhaps, but would the allowed density bring in enough return compared to the current use? It is a 12 storey office building after all. The building next door - Victoria Hotel - sold for around 20 mill earlier this year also to an investment company from BC - BCIMC. 56 Yonge, south of that, hasn't sold recently I don't
believe.
Hmm? can this thread have anything to do with the proposal @ 25 King W..https://urbantoronto.ca/forum/threads/25-king-st-w-64s.28164/


56 yonge.PNG
2
 

Attachments


Top