Being of a cautious nature with a strong preservation instinct I have always resisted the temptation to wander into the Weston Station Restaurant for a meal or even a story. The building, at 1935 Weston Road in downtown Weston has had a checkered history but is now for sale and with that, the prospect of new ownership. Apparently there is 6600 square feet of floor space with 14 tenants upstairs (who knew?) and a restaurant and licensed bar downstairs.
The listing is on Realtor.ca and can be yours for a dollar shy of $2 million.
When I was a young lad in some dim and distant past, rental apartment buildings were glamorous creatures. They were modern, had great views, lots of room and everything was included in the rent. Most had a sauna and outdoor pool. For gosh sakes they even had laundry facilities in the basement!
Then in the 1970s, the practice of subsidizing tenants in rental apartments was a cheaper alternative to building public housing. Poor people flooded apartment buildings and with rising incomes, middle-income earners began to abandon rental housing. For the most part, rental apartments became the domain of the poor and were synonymous with shabby conditions and health issues. Conditions steadily deteriorated and ten years ago, in Weston, the two towers at 1765 and 1775 Weston Road were in atrocious condition and the subject of bitter complaints. The federal government stepped in with forgivable loans and millions were spent upgrading rental buildings.
Nowadays, renting is the only option for many people in the current real-estate market. While conditions have improved, many buildings are poorly maintained and it is felt that legislation concerning these buildings needs an overhaul.
The City of Toronto wants to hear from its citizens about licensing rental apartment buildings. According to the City,
The intended goal of the licensing framework is to build on the current Multi-Residential Apartment Building Audit Program by promoting best practices in building maintenance, strengthening enforcement of property standards violations, and improving tenant engagement and access to information.
The public and stakeholders will have an opportunity to:
• contribute to establishing goals and objectives for a licensing framework
• create recommendations related to current challenges and/or gaps in regulation; rules governing the operations of rental apartment buildings such as maintenance and cleaning plans; enhancement of the current building audit program, including enforcement of property standards; and improved public access to information about rental buildings, and
• submit their own recommendations for improving tenant living conditions.
The meeting for our area will be held tomorrow, Wednesday, August 24: Etobicoke Civic Centre, 399 The West Mall, Meeting Room 1/2/3, 6:30 to 8:30 p.m.
Community members are petitioning to stop the severance of 96 John St. The owners asked the city to allow them to split the property into two, and to build another house with a shared driveway.
The houses would be violating several planning rules; in short, they would be too big for the properties.
In other planning news, Frances Nunziata says that the developers of 8 Oak Street (the Satin Finish property) are asking to change their plans. Now they want a “mid-rise development” instead of 3-storey townhomes.
According to Toronto’s chief planner Jennifer Keesmaat, there may be a movement of commercial offices to the downtown core and that this is coming at the cost of the suburbs. One can only assume that the long commute times are responsible for this trend.
“Previously thriving suburban office parks are now experiencing double digit vacancy rates and declining rents, as employers flock downtown.”
Looking at commercial properties for sale in Weston, there is currently only one office property on offer:
When it comes to retail stores however, there is no shortage of properties for sale, some of them very well known to Westonians.