rbt
Senior Member
No announcement yet, but that height is what the new project team is going with for now, and they were at least tacitly comfortable with the Star reporting from what I ascertained. That was enough to change the height on the CTBUH database in tandem with communication from Skygrid. It's a slow-moving project, so perhaps if market conditions improve before topping out, they may revert to the approved height. Nonetheless, they are quietly proceeding with the original height for the time being
There have been 7 condos sold over $5M, out of 37 listed, across the GTA in the last 180 days. Every single unit Mizrahi had in the top 20 floors fit into this category. Even if every single buyer went with a unit in The One it could take several years to clear their inventory. They may well use the taller towers unit count in the shorter version (smaller units, cheaper prices) to help ensure they sell quickly.
It wouldn't surprise me if 10 floors get chopped off while maintaining the unit count, or a rezoning application at the same height but higher unit counts. 1 Bloor East resale units sell well but they're almost all below $2M.
A pair of 1250sqft 2-bed will sell far faster than a single 2500sqft 3-bed.
They've had this listing up since December 2022.
I don't know what will happen to the interiors. It'll depend on which, if any, developer picks up the project to finish it. Pretty certain it won't match Mizrahi's initial proposal though.
Last edited: