ferusian
Active Member
From the Casa Loma Residents Association - "Proposed high-rise development on Montclair Ave"
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Fifteen single and semi-detached homes on the south side of Montclair (63-91) were bought by a developer, Parallax Development Corporation for between 2 to 4 million dollars each. The residents will live rent-free for two years. The sale is scheduled to go through on June 4, 2020. The developer is also seeking to purchase Bantry Avenue (the laneway between Montclair and Heath) from the City. The City planners reported that the developer is proposing to build two towers of 23 and 21 storeys respectively with a five storey podium and a setback. The development will also include some townhouses. The developer is represented by Bousfields Inc., a company that does “planning, design and engagement”. Bousfields has had 2 meetings with the City’s Planning Department and has met with our Councillor, Josh Matlow.
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