snow
New Member
Hi Edward, when do you think this project will finish?
Thank you, Edward!No idea. I imagine at least a year.
Zoning and Official Plan Amendment application to permit the proposal for a 14 storey residential building with 136 residental units. The proposal would be 4.6 times the area of the lot.
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May be I’m not reading this right, but isn’t the current building that is under construction 2 Teagarden Crt?A second building?
2 TEAGARDEN CRT
Ward 18 - North York District
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Proposed Use --- # of Storeys --- # of Units ---
Type Number Date Submitted Status Applications: OPA & Rezoning 20 192585 NNY 18 OZ Sep 11, 2020 Application Received
They may move you higher in the building, (they may not), but I think it's more likely that they'd add regular units that they could sell more quickly below you. What is extremely odd is for there to be a reopened OPA and ZBA application during the construction of the building. That could add significant delay. This could point to an issue with the cost of building the project, as this was sold so long ago now, and construction costs have increased so much in the last few years. They may only see the building as being profitable for them if they can add the two more floors.What about those buyers who thought they purchased a penthouse unit?