More condos are coming to one of Toronto’s richest condo neighborhoods
The Midtown Toronto skyline is dotted with cranes as the area condominium rages on and continues to pack these units.
And if you’re a resident of the area tired of all the noisy construction and rising house prices, it will only get worse with even bigger and bigger projects going on.
One of the latest in a never-ending string of condo proposals, a new app aims to bring a new tower block to blocks just east of the Davisville metro station in the Davisville Village area.
Developer DiamondCorp proposed a flight Hariri Pontarini Architects-tower designed to replace the existing pair of low-rise buildings on the site, the National Guides Headquarters building at 50 Merton Street and the Al Green Gallery adjacent to 64 Merton Street.
The first, built in 1962, is considered a great local example of mid-century modernist architecture, although it currently lacks heritage protection.
In their place, the new condo tower would rise 39 stories to a height of almost 134 meters, much taller than anything on the block today, while towering above the proposed 37-story tower just below. west side at 30 Merton. If approved, it would easily be the tallest building on Merton Street.
The project would meet the street with a podium overlooking an enlarged public domain and containing 2,342 square meters of office space on the ground and second floors. The base would be shared with a residential hall serving the above condo units.
Driving force behind the proposal, a total of 442 condominium units are expected in a mix of 267 one-bedroom units, 133 two-bedroom units and 43 three-bedroom units.
Clearly, the distribution of units favors condominium investors who would buy and rent one-bedroom units, although there is also a decent number of family condos planned.
Locals will always have the chance to make their voices heard, as the project is expected to enter the community consultation phase in the coming months.
Hariri Pontarini Architects