#Inside the GTA
Queen & Ashbridge is the name of a new redevelopment coming to the Queen and Coxwell area of east Toronto. A joint development between Riocan Living and Context, the project has an A-plus location straddling the heighbourhoods of Leslieville and The Beach. The plan includes a 17-storey condo, a 17 storey rental residence and more than 16,000 sq. ft. of retail. qacondos.com
Hot tips for investors
Over the last few months, the pandemic has given way to record-low mortgage rates, making real estate investment more attractive despite economic uncertainty. Cara Hirsch, a veteran real estate investor and leading industry expert behind Hirsch + Associates, believes now is a great time to buy.
Here are her top five tips and tricks for potential purchasers:
Did you know?
Canada’s largest design exposition and conference, IDS Toronto (IDS21), will move its annual event to May 13 to 16, 2021 at the Metro Toronto Convention Centre.
New TCDSB school coming to Etobicoke
Cutting-edge classrooms are part of the plan for a brand new Toronto Catholic District School Board elementary school in Etobicoke.
The school will be located on the former Toronto District School Board site of the old Buttonwood Hill school at 100 Allanhurst Dr., in the Royal York Road and Eglinton Avenue area. The Ontario government says it is contributing $15.9 million to the project, creating 88 more childcare spaces in Etobicoke. The new school will accommodate 600 students and is part of the province’s commitment to invest $12 billion over 10 years in new and existing schools, more than $500 million this year alone.
The sales gallery for Gairloch Developments’ new 1414 Bayview condominium is now open at 1416 Bayview Ave.
This eight-storey, midrise project features only 44 suites in total, with a mix of one-, two- and three-bedroom designs.
Located just north of Merton Street on the west side of Bayview Avenue and within walking distance to Bennington Heights and Moore Park, 1414 Bayview sales will be managed by local real estate team The Heaps Estrin Team. Prices start from $650,000.
Eglinton Crosstown news
Last month, the Ontario government announced it is extending tunneling work on the Eglinton Crosstown westwards towards Etobicoke and into Mississauga, and opened a Request for Proposals to advance the project.
Premier Doug Ford says the province is working with the Greater Toronto Airport Authority for a connection to Pearson Airport and that Eglinton Avenue would not be closed during the work.
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