Toronto 307 Sherbourne Street | 61.5m | 18s | Forum Asset Mgmt | Superkül

[maestro]

The growth in number of students is coming from students with a couple suitcases. Visit Pearson or take a domestic flight out of Pearson in August. They don't need a loading dock to move.

 

[maestro]

Ice Condos with an exclusive contract with AirBnB has a worst rep than the homeless in East Toronto. It's not a forgone conclusion that more investor owners in spandrel glass towers will have a positive effect on the reputation of East Toronto

 

[AlbertC]

Docs from Jan 2024:

Application Details

www.toronto.ca

 

[Northern Light]

From the Cover Letter associated to the above:

 

[Paclo]

Height increased slightly from 48.08 to 49.55m

 

[Paclo]

Conditional partial shoring permit has been issued

Note that the permit description reflects the 2019 iteration, changes being the tenure is now condo and there is only 1 underground level as of the April 2024 resubmission.

 

[AlbertC]

This latest iteration is as bland as it gets. Although, for them to get moving and add housing at this location remains a net positive.

 

[ChesterCopperpot]

Get ready for a lot of small units in this.
There's 2 on the ground floor that are *sub-250sf*

 

[ProjectEnd]

Get ready for a lot of small units in this.
There's 2 on the ground floor that are *sub-250sf*

Point taken, but this is just a private student residence so it's a bit more nuanced.

 

[Paclo]

Shoring has commenced

 

[rdaner]

I am blown away that two decent projects are happening here! As someone who has lived on and off north of this area it is great to see.

‘Gerrard East is the new Ossington!’

 

[maestro]

That's not shoring. I would have guessed soil remediation. The STS geothermal signage indicates I would have guessed wrong.

 

[ProjectEnd]

Geothermal used to allow you to tap into CMHC financing a bit easier, however they've since changed that over to affordability incorporation. Generally you'd only drill for geothermal at the bottom of your pit too, so I'm not sure what they're doing here at this time.

 

[Northern Light]

Well............

Permits may be premature here, @Paclo

A resubmission in the last couple of weeks seeks to add 3 more storeys, bringing this to 18s.

Still only 2 elevators........so 1 elevator per 136 units.

Application Details

www.toronto.ca

 

[AlbertC]

The west side of the tower profile facing Sherbourne looks so awkward, especially at the top.