toronto647
Active Member
There is a Crosstown Office on site that is open everyday I believe and I usually go visit every so often and ask for updates directly from the vendor.
Toronto Townhomes at Crosstown | 12.84m | 3s | Aspen Ridge | VA3 Design
- Thread starter toronto647
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PMT
Senior Member
Permits have been filed - there are a lot, so I'll just post this one:
andrewhlin
New Member
I went to the City's Building Permit Status site and noticed that the examination status of all the applications for "New Houses" have changed from "Open" to "Refusal Notice". Out of curiosity, I emailed the examiner listed and inquired what that meant and if it was a big deal. She responded that application isn't refused, but a requirement for revisions or additional information is outstanding. Nice of her to respond and clarify.
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James1256
Active Member
Taken today, September 9th, 2025. A trench is being dug in the section where the townhomes will be
andrewhlin
New Member
I went into the Crosstown presentation office the other day. On the computer screen is an updated list of the 80 townhouse units released for sale. Those sold are indicated with a red dot. Of the 48 Garden units (with backyards and separate garages), 36 (75%) are sold. Of the 32 Rooftop units (with the patios on the roof), only 7 (22%) are sold. Therefore, in total, only 53.8% of the units in this townhouse development has been sold. I believe that lenders would typically require 75%+ pre-sales before providing pre-construction lending, even if the developer were to take the ownership risk on the unsold units. I also note that the Crosstown website is advertising that closing is in 2027 now, not the original 2026.
innsertnamehere
Superstar
townhouses are different than condos - developers can more easily proceed with individual blocks and more easily self-finance.
Anyone know how much these are going for? It's an amazing location in terms of planned transit access.
Anyone know how much these are going for? It's an amazing location in terms of planned transit access.
toronto647
Active Member
Aspen Ridge I am sure is going to build the towns regardless if they reach 75% or not.
Towns are starting at $1.6 Mil for the base town
Jm gravel
New Member
People with kids just want.a bit of a backyard rather than a rooftop patio or a balcony…
James1256
Active Member
Taken today, November 22nd, 2025. The bases for several townhomes have been poured
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James1256
Active Member
Taken today, November 27th, 2025
toronto647
Active Member
2027 is the opening date for these but I imagine it would probably be earlier, seems like its moving quick