504 Wellington Street West | 68.88m | 15s | Lifetime | RAW Design

ProjectEnd

Superstar
Member Bio
Joined
May 28, 2007
Messages
10,382
Reaction score
14,932
If they're under 30cm in diameter and are on private property, the owner can do with them what they want. What do you expect?
 

AHK

Senior Member
Member Bio
Joined
Jan 12, 2010
Messages
1,310
Reaction score
3,135
I believe the trees being referred to are 'in front of the building', and would thus be on City property.

The boulevard is very wide on Wellington between Spadina and Portland, and the buildings are all virtually right at their respective lot lines (except for the 424 Wellington West building, which, if the Brad Lamb redevelopment proposal proceeds, would be relocated to the lot line)..
 

Urban-Affair

Senior Member
Member Bio
Joined
Nov 18, 2007
Messages
2,151
Reaction score
895
Location
Toronto
As per Realnet, this site has sold in July 2020 for 19 million to Lifetime. The VTB was very high at 80% of the total, however the rate wasn't far removed from the market rate, so the adjustment for the financing will be limited. The reported buildable here is $325 per sq ft, meaning based on the sale price each sq ft of buildable space cost $325.

Values sure don't appear to have been affected dramatically by the pandemic, at least in this area for development land. Given it is only one sample, but still...



Event Date:2020-07-02
Land Use:High Density
Price:$19,000,000
Land Area:0.161 acres
 

AlbertC

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
13,355
Reaction score
25,442
Location
Davenport
Interesting, this would be Lifetime's second development site along this stretch currently. The other being on the southside at 485 Wellington:

 

AlbertC

Superstar
Member Bio
Joined
Apr 24, 2007
Messages
13,355
Reaction score
25,442
Location
Davenport
Wonder if Lifetime will eventually switch this to their go-to architect Wallman:

Future Lifetime projects

There are plans for a 14-storey, 117-unit condo at 485 Wellington St. W. and a 13-storey, 34-unit luxury condo at 504 Wellington St. W., near Portland Street.

 

Amare

Senior Member
Member Bio
Joined
Feb 4, 2015
Messages
3,373
Reaction score
3,786
Location
Toronto
^They probably will, and we already know this will be value-engineered to death as well. Whatever comes out of this, it's sure to be cheap and uninspiring.
 

DavidCapizzano

Active Member
Member Bio
Joined
Jan 12, 2017
Messages
795
Reaction score
1,980
Location
Park Road
Not sure if this is real but I hadn't seen it here yet - seems to roughly align with the massing approved at the OMB

504-wellington-st-w-condos-01.jpg


 

Top