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Toronto’s rental apt. sector beckons for Core Development

Core Development Group has focused mainly on delivering Toronto high-rise condominiums to this point, but one of its upcoming projects is a partnership for a purpose-built rental apartment known as 775 Vaughan. The company’s president sees more opportunities in the
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Core hopes to receive approvals and start construction in Q3 2023 on a building of approximately 150,000 square feet that would house approximately 270 units at 403 Keele St. A target completion date of late 2025 has been set.
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Extremely weird resubmission on this one. It's now a pseudo rooming house. Almost entirely studios and 4 bedrooms...which they'll position to investor landlords as bedrooms with a shared kitchen. How much do we want to bet there won't be any 'No short term rental' rules here?
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Most of the floors are variations on this:
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ProjectEnd said:
Extremely weird resubmission on this one. It's now a pseudo rooming house. Almost entirely studios and 4 bedrooms...which they'll position to investor landlords as bedrooms with a shared kitchen. How much do we want to bet there won't be any 'No short term rental' rules here?
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Most of the floors are variations on this:
View attachment 438643
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Utter trash.

Shame on Core!

We don't need buildings full of prison cells for people to live in; we need housing!
 
Wasn't much action before, because it wasn't approved!

Decision Report - Approval Recommended to the next meeting of TEYCC:


SMH, wait til @ProjectEnd see the unit breakdown now......

They squeezed in another 14 units - height unchanged


@Art Tsai will have to see if any other details were tweaked.

Of note, this one will not see action all that soon; the Approval comes with an "H"

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