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Etobicoke is development central, literally

Etobicoke is development central, literally

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Etobicoke is development central, literally

In real estate terms, an area in transition is a good thing, since it generally refers to progress, development and things being on the upswing.

Count Etobicoke as just one of those areas.

Really? Etobicoke, that large, narrow north-south swath that stretches from Lake Ontario up to Steeles Ave., and shouldered by Humber River on the east and Etobicoke Creek on the west? With large, well established and affluent neighbourhoods?

Yes, one and the same – the west end locale with the funny name people often mispronounce (FYI the K is silent) – that wasn’t exactly in need of an upgrade.

Blessed with a strong natural location due to its proximity to downtown Toronto, easy access to the QEW and Hwys. 401, 427 and 27, the Bloor subway line and several major TTC and GO Transit hubs, Etobicoke has long been a sought-after residential location.

North Etobicoke, for its easy highway access, plethora of commercial ventures and lower priced real estate. Etobicoke Centre, for its proximity to the Islington-City Centre West central business district, and exclusive neighbourhoods with large, treed properties such as the Kingsway. And South Etobicoke, or Etobicoke Lakeshore, for its prime lakefront location and areas such as Humber Bay and Mystic Pointe.

Do south

But when it comes to new condo development and buying opportunities, it’s all about the south. Well, mostly the south, until very recently.

Etobicoke Lakeshore was the first to transition, with the former motel strip at Lakeshore and Park Lawn giving way over the last several years to dozens of new projects. Today it is one of Toronto’s hottest new condo destinations. Your location here is right on Lake Ontario, with outstanding views of downtown Toronto, along the Martin Goodman Trail for cycling and running, and close to the Gardiner to commute into the city and to the QEW to head west. TTC bus and streetcar service is quite literally at your front door.

Now the condo boom is spreading north, into the central part of Etobicoke with new developments along Dundas St. W. between Islington and the 427, and several more planned for the south side of Dundas just west of Kipling subway. New condos are also springing up along the 427 near Burhamthorpe, appealing to those who prefer highway access over transit.

Under construction

Indeed, in Etobicoke Centre, construction will be the order of the day. For years. Six Points intersection, known locally as “Spaghetti Junction,” is a complicated interchange where Kipling, Bloor and Dundas all intersect. To support future development in the area, the City is spending tens of millions of dollars over the next two years to modernize the road and surrounding infrastructure. Plans include improved pedestrian and cycle access, wider sidewalks, more trees, street furniture and improved access to Kipling subway. The station itself is being expanded into a regional transit hub to link the TTC with GO Transit trains and buses, as well as Mississauga Mi-Way bus lines.

Location, location, location

Bordered on the south by Lake Ontario, on the east by the Humber River, on the west by Etobicoke Creek and Mississauga, and on the north by Steeles Ave. W.; population 365,143.

Key landmarks

• Centennial Park

• Etobicoke Waterfront

• Humber River

• Sherway Gardens

• The Old Mill

Select condo developments

293 The Kingsway by Benvenuto Group

300 The East Mall by KingSett Capital

327 Royal York Rd. by Vandyk Group

689 The Queensway by Parallax Development Corp.

1197 The Queensway by Marlin Spring

Empire Phoenix by Empire Communities

Parkland on Eglinton West by Shannex Inc.

Queensway Park by Urban Capital

Valhalla Town Square by Edilcan Development Corp.

Vita Two on the Lake by Mattamy Homes


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Great Gulf, Homebuilder of the Year, Lowrise

GTA’s top homebuilders and projects honoured at 39th Annual BILD Awards

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GTA’s top homebuilders and projects honoured at 39th Annual BILD Awards

Great Gulf, BILD Awards Homebuilder of the Year, Lowrise
Great Gulf, BILD Awards Homebuilder of the Year, Lowrise

Great Gulf and Tridel were among the big winners at the recent 39th Annual BILD Awards, as the Building Industry and Land Development Association (BILD) recognized the top builders and developers, projects and marketing initiatives in the industry.

Builders of the Year

Great Gulf earned the distinction of Lowrise Builder of the Year, while Tridel won for Mid/Highrise Builder of the Year.

Tridel, BILD Awards Homebuilder of the Year, Highrise
Tridel, BILD Awards Homebuilder of the Year, Highrise

The awards honour achievements in planning, design, sales, marketing and city building in 40 categories. A group of 41 expert judges from across North America determined the winners from 850 submitted entries.

Lifetime Achievement Award

Edward Sorbara, principal with the Sorbara Group of Companies, was presented with BILD’s Lifetime Achievement Award, recognizing his 52 years of leadership in the building and land development industry.

Edward Sorbara, right, principal with the Sorbara Group of Companies, is presented with BILD’s Lifetime Achievement Award by BILD President David Wilkes
Edward Sorbara, right, principal with the Sorbara Group of Companies, is presented with BILD’s Lifetime Achievement Award by BILD President David Wilkes

Stephen Dupuis Humanitarian Award

Tridel also took home the Stephen Dupuis Humanitarian Award for the company’s unique approach to corporate social responsibility. The founding families and every Tridel employee takes pride in the fact that the Tridel brand is synonymous with integrity, quality, customer service, innovation and sustainability.

People’s Choice Award

The coveted People’s Choice Award, determined by members of the public through online voting, was awarded to Aoyuan International for its M2M development. Aoyuan’s vision for M2M is a condominium community that supports and encourages a healthy urban lifestyle, while providing living options that make it easy for families to raise children in the city. The master plan includes more than 1,500 new residences, a community centre and a daycare.

“The People’s Choice Award is a unique honour because it is the public that decides the winner,” says BILD President and CEO Dave Wilkes. “Over 5,200 people cast votes for projects that competed for the best in city building. These projects demonstrate how the industry is providing a wide range of housing options for home buyers in GTA.”

Best New Planned Community

Lakeview Community Partners Ltd. won Best New Planned Community for Lakeview Village. Lakeview Village reconnects the community through a diverse mix of build forms for different uses, including residential, cultural, institutional, commercial and retail. Lakeview will repurpose brownfield land that was once home to the Ontario Power Generation Station in Mississauga.

Lowrise Project of the Year

The Lowrise Project of the Year went to Treasure Hill Home Corp. for its Charbonnel development near De La Salle College in Toronto, while Urban Capital Property Group, M3 Condos, in Mississauga was selected as the Mid/Highrise Project of the Year.

Best Highrise Building Design

Best Highrise Building Design went to Lanterra Developments for 50 Scollard. The project boasts contemporary architecture from Norman Foster and interiors by Toronto-based Italian designer, Alessandro Munge, and an incomparable location in the heart of Yorkville.

Best Midrise Building Design

Alterra Group of Companies and Graywood Developments Ltd. won the award for Best Midrise Building Design for Wonder Condos. Wonder is one of the last of its kind in Toronto, a landmark address that will house heritage lofts, condos and townhouses. Wonder is built on the site of the former Weston Bakery on Eastern Avenue.

Best Overall Marketing Campaign

The award for Best Overall Marketing Campaign went to the team of Empire Communities and Pureblink for their campaign for Empire Phoenix.

For a complete list of award recipients, visit bildawards.com.

RELATED READING

BILD names finalists for 39th annual BILD Awards

GTA’s top builders and projects honoured at annual BILD Awards

 

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