[SOLD] Islington Terrace

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Residential
Residential

[SOLD] Islington Terrace


Site Introduction

We secured a transaction with Tridel to develop an integrated high-density residential neighbourhood on a strategic, transit-connected location at Bloor Street and Islington Avenue. After successfully working through various environmental and developmental site constraints, we were able to create a better opportunity for this 3.3-acre site, just north of the Islington subway station.

This new development will integrate 1,200 homes, along with prime retail space at grade – improving upon the neighbourhood and representing a new residential market for this area. We hope that this new community will become a catalyst encouraging further development around the Bloor Street and Islington Avenue area.

Please visit the Tridel website for more information on the project.

In The News:
Tridel’s Ambitious Islington Terrace Taking Shape with BLOORVISTA, Urban Toronto

 

Details

Major Intersection: Bloor Street West and Islington Avenue (64-70 Cordova Avenue)
Surrounding Uses: Single-family residential to the north; Canadian Pacific Railway to the southeast; Islington subway station south of the tracks; and four 1960s high-rise rental apartments to the west.
Ward: 5 - Etobicoke-Lakeshore
Councillor: Justin Di Ciano
Site Area (acres): 3.3
Past Use: TTC commuter parking lot
Proposed Use: Residential
Official Plan - Land Use Designation: Mixed-Use Area
Planning and Staff Reports:

Development Objectives

  • Transit-oriented development
  • Quality urban design
  • Repurpose an underutilized site
  • Manage environmental remediation on site
  • Rendering of grand staircase, image courtesy of Tridel (2015)

  • Rendering of outdoor amenity space for families, image courtesy of Tridel (2015)

  • Rendering of outdoor terrace at dusk, image courtesy of Tridel (2015)

  • Rendering of outdoor amenity space, image courtesy of Tridel (2015)

  • Retail terrace at Islington Terrace, image courtesy of Tridel (2015)

  • Rendering of Islington Terrace at grade, image courtesy of Tridel (2015)

  • Rendering of outdoor amenity space, image courtesy of Tridel (2015)

  • Rendering of exterior view of Islington Terrace, image courtesy of Tridel (2015)

  • Rendering of Islington Terrace, image courtesy of Tridel (2015)

  • Rendering of Islington Terrace, image courtesy of Tridel (2015)

  • Northwest aerial view of the site (2010)

  • Northwest aerial view of the site (2010)