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jje1000

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Would be nice to see the existing structure restored.

While it's fairly modest, Toronto is a bit short on these types of housing typologies (especially ones that don't have SUV-sized parking garages attached).

Interesting note- not sure if it's the same Spicecart, but it looks like their portfolio has some heritage restorations?
 

interchange42

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Would be nice to see the existing structure restored.

While it's fairly modest, Toronto is a bit short on these types of housing typologies (especially ones that don't have SUV-sized parking garages attached).

Interesting note- not sure if it's the same Spicecart, but it looks like their portfolio has some heritage restorations?
There can't be that many Spicecarts buying properties in Toronto, so I think you can assume that they are intending to renovate and restore here based on the company's portfolio!

42
 

ADRM

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Great, if accurate.

Screen Shot 2020-04-20 at 9.34.52 AM.png
 

AlbertC

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Spicecart do have a dual strategy of either restoration to become an revenue generating asset, or hold onto properties for a while before flipping them later. Guess they did some calculations, and the numbers didn't work out for them to take this on themselves.
 

Northern Light

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No substantive news...........except to say Spicecart is still lobbying the City on this property; to what end, I do not know.
 

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