Inside the GTA - a look at development in and around Toronto in November 2021
November 27, 2021
Mississauga council recently granted development approvals for Lakeview Village, the name of the new waterfront community on the former site of the Lakeview Generating Station.
What was “once a place of smog, pollution and environmental degradation” until being decommissioned in 2005, Brian Sutherland, vice-president of development, Argo Development Corp., and development lead for Lakeview Village, says the company has been working with locals on the vision to transform the brownfield site to restore access to the waterfront for the first time in decades. Plans include a combination of mid and highrise buildings, flexible office space and multi-use communal areas. mylakeviewvillage.com
Highland Commons coming soon to Highland Creek
Took a sneak peek of the model suite and the site where Highland Commons will soon take shape. The two-building condominium project by Altree Developments is located at Military Trail and Kingston Road in the Highland Creek community nestled beside the Rouge Valley.
Altree Developments is investing in the location for the long term with its recent acquisition of the Highland Creek Plaza, now called the Shops at Highland Creek, just steps from Highland Commons. The two eight-storey midrise residential buildings will have curated amenities and the charm of a historic neighbourhood. The builder recently hosted a ferris wheel ride for visitors to take in the views. thehighlandcommons.com
Friday Harbour opens Lake Club and launches new condo
Luxury resort Friday Harbour, known for its Lake Simcoe waterfront location and on-site amenities, opened its private 25,000-sq.-ft. Lake Club this past summer, and has just launched Sunseeker, its newest condominium residences located next to the nature preserve across from the club.
Located in the growing town of Innisfil, less than an hour north of Toronto, Friday Harbour has been recognized as a coveted residential location and a popular tourist destination, complementing the growing community of the South Simcoe Region since its initial launch in 2015. fridayharbour.com
Affordable condo community launching in Brampton
National Homes and Brixen Development are celebrating the launch of one of Brampton’s first highrise condominiums, DUO Condos.
The new 2.6-acre community is located at Malta Avenue and Steeles Avenue West, steps from the Brampton Gateway LRT which is scheduled for completion in the fall of 2024.
The first of the two towers planned will be 26 storeys. It will feature 350 high-quality suites and will become one of the most affordable communities in the Greater Toronto Area. The majority of suites boast a balcony or terrace, extending residents’ lifestyles beyond their homes. duocondos.ca
The Hill on Bayview breaks ground
Armour Heights Developments has started construction on its Richmond Hill townhome community, The Hill on Bayview.
Nestled beside the Oak Ridges Moraine on Bayview Avenue, the development offers the best of both nature and city living. The Hill is a collection of 200 modern, spacious townhomes designed to meet the needs of young families.
Featuring private rooftop terraces and a children’s playground, the community will have enhanced security considerations such as neighbourhood watch, 24-hour security and controlled access to underground parking. thehillonbayview.com
TAS breathes new life into vacant warehouses
TAS, the developer who built M5V, Toronto’s first LEED Gold Certified condominium, has acquired three commercial properties in Toronto: 55 Milne Ave., 142 Vine Ave. and 772 Warden Ave.
This is the first phase of a broader joint venture partnership between TAS and LaSalle Canada Property Fund that will transform underutilized warehouses across the city into vibrant, community-serving hubs that will include a variety of commercial uses. Each will be designed to nurture a vibrant mix of tenants from across the service, production, logistics, small business, social enterprise and not-for-profit sectors. tasdesignbuild.com
About Susan Legge
During her journeys around world of real estate, Susan has seen the good, the bad and the unbelievable as an investor, renovator and homeowner.