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DANIEL DE MELIS
Buzzer
reply 249 vote 54
 

861 St Clair Ave W is for sale. - INTERESTING LOCATION

http://www.icx.ca/PropertyDetails.aspx?&PropertyId=15755479&PidKey=1613751982
10
Ontario / General Chit-Chat
 
 
 
JOSIE STERN
Buzzer
reply 109 vote 57
 
 
1 BEST REPLY
A number of interested developers have called me. I don't think they have a deal yet as of a few weeks ago. They are contemplating a low rise condo.
 
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
1
Yes! I saw the sign that it was for sale a few weeks ago.



With @The Nest Condos just a few blocks down the road, the St Clair madness just keeps running West. It will be interesting to see who makes a go at it.
 
 
DANIEL DE MELIS
Buzzer
reply 249 vote 54
 
 
1
The St Clair Ave W study promotes mid-rise as we know so its a sure thing here as the location is wonderful. I really hope things continue along this corridor to gentrify.

Thankyou @Josie Stern and @Matthew Slutsky for your feedback. You both are great Ambassadors to St Clair W.
 
 
JULIAN BACK
Buzzer
reply 35 vote 14
 
 
1
Can they even build anything on this land? I've heard there are Garrison Creek issues if developers are thinking a low rise condo. Maybe townhouses? Thoughts my friends?
 
 
JOHNNY
Buzzer
reply 53 vote 33
 
 
1
My sources tell me that it is sold
 
 
MATTHEW SLUTSKY
Senior Buzzer
reply 2299 vote 171
 
 
1
Really Johnny?? To who? I'm surprised. I wonder if they picked up the neighbouring site as well?
 
 
JOHNNY
Buzzer
reply 53 vote 33
 
 
1
not sure I assume they did because it is a developer, I will find out more details next week and will provide what ever info I can
 
 
DANIEL DE MELIS
Buzzer
reply 249 vote 54
 
 
Do we have an update?
 
 
JOHNNY
Buzzer
reply 53 vote 33
 
 
1
This is a very similar situation to the SDM development, where one of the property owners is holding out, for what I'm not sure.  Perhaps they feel that the developer is low balling an offer, but a deal has been worked out for the corner property for now.
 
 
DANIEL DE MELIS
Buzzer
reply 249 vote 54
 
 
Apperently news is breaking Benvenuto Group picked up this site for 2.4M.
 
 
 
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