I am wondering what is going on with Westbank’s rental projects in Toronto. Really no work on Honest Ed’s or here. This leads me to believe that they are having financial difficulty above what was disclosed in December or they may be considering selling the units as condos thus waiting for interest rates to come down. Are either of these plausible as I can’t understand why they are delaying getting rental income!
 
IMG_2213.jpeg
 
February 12: Work on enclosing the open sections where the external construction hoist used to be is continuing, looks to be about half-way up the building. Much work going on in the residential entranceway - to the point that construction access and deliveries are being done via from Duncan Street via the back laneway of the building.

20240212_152627.jpg
 

Attachments

  • 20240212_155237.jpg
    20240212_155237.jpg
    459.6 KB · Views: 13
  • 20240212_155204.jpg
    20240212_155204.jpg
    291.2 KB · Views: 13
February 22. Visible activities at 19 Duncan are the ongoing enclosing of the building envelope where the external construction hoist was located, and of the main residential and garage entrances on the east side of the building.

20240222_153449.jpg


1000003483.jpg


1000003486.jpg


20240222_155334.jpg


1000003475.jpg
 

Attachments

  • 1000003474.jpg
    1000003474.jpg
    169.3 KB · Views: 15
  • 1000003476.jpg
    1000003476.jpg
    179.6 KB · Views: 9
  • 1000003484.jpg
    1000003484.jpg
    283.2 KB · Views: 9

Back
Top