John Pasalis in Toronto Real Estate and Toronto Condos and Lofts
Yesterday evening Streetcar Developments had an information session about their latest development at the north east corner of Carlaw and Dundas in Leslieville called The Carlaw. Streetcar has some interesting plans for the site.
Below are a few quick details about the project:
While the development does exceed the maximum height allowed for this site, the developers did a good job of articulating the rationale behind their approach.
To avoid towering over residential homes and depriving them of sunlight they decided to keep the north and east sides of the site, the sides that are directly next to lowrise houses, relatively low by keeping the existing 3 storey commercial building to the north and developing condo townhouses to the east. The price for the lower density in those areas of the site means that they needed to increase the density and height on the south west corner of the lot to make it work financially.
I can appreciate that some residents may have concerns about the height, but we learned
We don't have any clear renderings for The Carlaw but I can say that architecturaly it's a significant step up from Showcase. If I had to choose between another Showcase Lofts going up on that site or Streetcar's plan for The Carlaw, I would take The Carlaw any day.
Update August 26th
Here's a rendering of the condo.
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John Pasalis is the Broker Owner of Realosophy Realty Inc in Toronto. Realosophy focuses on researching Toronto neighbourhoods to help their clients make smarter real estate decisions. Email John
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