A rezoning application was approved to retain and convert the existing 3-storey heritage building onsite into residential and add 4-storey residential townhouses to the south, for a combined total of 16 new residential units. As part of the agreement, the adjacent Charles G Williams Park will be gaining a strip of land 1.5m wide along its eastern boundary. Due to the enlargement, the wall running along the eastern edge of the park will need to be removed, and a new fence will replace it, with a new wall running approximately along the length of the basketball court. Community input will be sought during the site plan process.
This site being listed for sale could be for a variety of reasons. Curated Properties have built some condo projects through the years, but aren't necessarily a high volume developer. They may not be in position to move forward with this project themselves, or possibly they would rather just flip it to another developer who will eventually build it out.
Curated Properties is a development company that prides itself in on improving wellness through innovative design on boutique residential development in Toronto, building design inspired excellence since 1987.