More Development News….

Posted by:Aleksandra Oleksak

It’s September which means back to school for some and back to work for others (I’m in the others category), so let’s get down to business. There are 2 developments going down in the Junction Triangle, which is a very, as they say, “up and coming neighbourhood”. But seriously it is, young couples are giving up their right arms and paying some hefty price tags to score houses in this area, so it’s not surprising developers are seeing opportunity here too.

First up is the Wallace Walk development….

Here is a picture of the site currently

A collection of Urban townhomes in the heart of the Junction Triangle and close to Dundas W subway and the Toronto Rail path. These townhomes will be located on Wallace Ave where the street dead ends and across the street from the Wallace Station Lofts. The townhouses will back onto beautifully landscaped walkways giving owners lots of pretty things to look at. This development is by Torbel Groups and will feature 1, 2 and 3 bedrooms starting at $209,900. The townhomes will range from 525 sq ft all the way up to 1,460 sq ft. To get on the list for pre registration, make sure to contact me.

Here’s a rendering of what the completed project will look like…

Development Proposal at 243 Perth Ave (on the corner of Perth & Wallace)

Here is what the site currently looks like

Currently this project is in the proposal stage as it still needs approval for rezoning and actual approval of the project itself. It’s very common these days in Toronto to see churches converted into lofts/condos and this is no exception. The concept is quite interesting, there will be 22 residential units inside the church and a new 4 storey building with 12 residential units in the existing surface parking lot. There will also be 20 parking spots provided under the new building. I think if this does actually get approved, it will be pretty cool and a great addition to the neighbourhood. I will keep you posted on any further developments.

Here is a rendering of what the completed project will look like

To stay on top of these developments and any others happening in the Junction Triangle, make sure to check back here or better yet, subscribe, I know you’re dying too!


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