TORONTO, ONTARIO
PROJECT SUMMARY:
The site was purchased as two pieces and was originally zoned as “highway commercial”. The borrower had it rezoned for high-density residential use and received approval to build six freehold semi-detached homes and eight freehold townhomes with a common element driveway. The homes were targeted for first-time homebuyers as an alternative to high-rise condominiums with good access to public transit.