Update October 18, 2021
Sales Update:
Crosstown 1 - Only 1 Unit Remaining (99.8% Sold Out)
Crosstown 3 - Only 6 Units Remaining (98% Sold Out)
Crest - Only approximately 35 Units remaining (80% Sold Out)
Townhomes - Spring 2022 Release Date (Block 8, Block 12, Block 9) * This launch will occur following the opening of the onsite sales centre beside block 1A (Crosstown Place)
Building 5 & 6 (Block 9) - Summer 2022 Release Date (Ideally close to the opening of the Eglinton LRT unless LRT is delayed) If I had to guess probably starting $1300 p/sqf? What is your guess?
By the end of Summer 2022 the release of all Phase 1 units will be completed (total of 3 ish years from first Crosstown Sales)
Phase 2 of the project will be released following the signed contract for the future Ontario Line and that will replace the Eglinton LRT as the main marketing selling point. I would anticipate minimum $1400 p/sqf
Side Note - I wouldn't be surprised if Aspen Ridge submits amendment requests to the City for taller heights at Blocks 6 B&C as they are currently 8-10 stories and literally on Eglinton within a 5 minute walk to the Ontario Line / Eglinton LRT stations
Construction Update
Partial Permit has been received for Block 1A in late September
Partial Permit is anticipated by end of month for Block 12 according to city officials
Partial Permit is anticipated by end of the year for Block 5A
The Phased construction plan can be found in the below image
If I had to guess probably by 2025 Phase 1 is completed, Phase 2 probably by 2028 and Phase 3 by 2031? The whole site should be fully developed within a decades time with the finishing touches. What do you folks think?