Toronto The Livmore | 138.68m | 43s | Vertica | IBI Group

[Miscreant]

Rentals are so important to developing mixed-income communities. I was/am getting worried that the condo boom in Toronto is going to create a rift between buyers and renters, such that buyers have mostly beautiful new buildings to move into, and renters are increasingly moving into converted houses or the 1950/60s style apartment buildings all over the city. Also, if having affordable renting means less frills on the building, as long as it's still a respectable structure I'm all for that.

 

[AlvinofDiaspar]

I doubt this project would be considered affordable rental - but in any event, having a mix of housing types isn't a bad thing.

AoD

 

[Miscreant]

It's a good thing, a very good thing. I'll be interested to see what the prices are.

 

[Urban Shocker]

Most rental projects are not as good as the residential buildings.

The quality of the design is a result of the quality of the architect who produces it. Our local design culture has produced some fine rental buildings - the new Regent Park contains several examples, for instance.

 

[Bruvyman]

I had no idea that this was a rental building, so I guess I can "thank" 1bloorvip and his aristocratic post for that.

Have there ever been any other rental buildings of this height built in Toronto?

 

[interchange42]

Manulife Centre?

42

 

[dt_toronto_geek]

I had no idea that this was a rental building, so I guess I can "thank" 1bloorvip and his aristocratic post for that.

Have there ever been any other rental buildings of this height built in Toronto?

There are the mid-40s twin towers in Leaside built in the early 70's and 50-something Manulife apartments, also built in the early 70's. Those are the two tallest rentals I can think of.

 

[ThomasJ]

Refrain from relatively info-free one-liners please.

AoD

Boom!

 

[cdr108]

Manulife Centre?

42

and we all know what a dump of a rental Manulife is at the prime corner of Bay/Bloor ....

end sarcasm

 

[Automation Gallery]

and we all know what a dump of a rental Manulife is at the prime corner of Bay/Bloor ....

end sarcasm

No love loss there if they demolished it.

 

[ProjectEnd]

Come-on, what is that rant all about..what makes you think that i don't appreciate history/culture just as you, or anyone on this board.

Well, there's this:

No love loss there if they demolished it.

 

[urbandreamer]

Folks, it's gonna be a student rental joint.

 

[vegeta_skyline]

Rentals are so important to developing mixed-income communities. I was/am getting worried that the condo boom in Toronto is going to create a rift between buyers and renters, such that buyers have mostly beautiful new buildings to move into, and renters are increasingly moving into converted houses or the 1950/60s style apartment buildings all over the city. Also, if having affordable renting means less frills on the building, as long as it's still a respectable structure I'm all for that.

The current real estate boom is an investor driven one. Meaning a good portion, if not the majority, of new residential condo's being built in the city are being rented out instead of being occupied by the unit owner(s).

Last edited by interchange42; Today at 16:13. Reason: Boom!

LOL!
And Bravo on taking care of that 'issue'.

 

[Miscreant]

Right, that's a good point. But I was more thinking of rental properties that are targeted to renting demographics, i.e., people who typically can't afford $1500/m in rent and up, as otherwise they'd, with exceptions, be in a buyer's market.

 

[Automation Gallery]

Well, there's this:

Ahh come-on..its tall and butt ugly.... whats there to like about it.
Dont hear to many people concerned about them ripping apart the Sutton Place... which is a lot more interesting and older structure than that heap.

Sorry to go off topic,,,but i just dont see anything special of this 35 year old 163 meter slab.