CityTV report on 1730 and 1736 Weston Road

A screen shot from the CityTV article.

If there was evidence needed of gentrification in Weston, this next item might provide some.

CityTV did a story on Thursday, March 29 about the building at 1730 Weston Road where it seems the landlord, Westhaven Property Management Inc., has issued 60-day notice to tenants, many of whom are on year-to-year leases. There are apparently no plans to renovate or demolish and replace 1730 Weston Road.

The building right next door at 1736 Weston Road is home to Grace Restoration Ministries and has a notice in the front window stating that the site will be redeveloped.

Councillor Nunziata makes an appearance at the end of the news segment but provides little comfort to tenants, basically saying that if the building does get redeveloped, the new one must have retail on the ground floor or else she won’t support it.

Watch the video here.

City approves housing loans/grants to 10 Wilby

The city approved housing an innovative home ownership plan to be used at 10 Wilby, in Weston. $750,000 has been set aside to help 30 homebuyers with down payments, loans that will be repaid when the homes are sold or are vacated.

10 Wilby is to have 22 storeys and 233 units, and will be much taller than initially envisioned.

10 Wilby keeps on growing

The original concept for 10 Wilby; 10-storeys and 131 units.

‘Riverstone Condos’ was to be a 10-storey building on Wilby Crescent, just off Weston Road, south of Lawrence. Many people put down deposit money back in 2013 in the hopes of getting an affordable condominium apartment in a beautifully designed 10-storey building overlooking parkland and the Humber. Hopes were dashed when the project fell through as prices were considerably higher in the proposed Riverstone than for existing condos on nearby Hickory Tree.

In October 2016 the project was revived, this time it was to be 234 units in 16 storeys and the building (and common amenities) not quite so architecturally splendid.

The 16-storey, 233 unit re-incarnation.

A year later and the project became 21 storeys and 235 units.

21 Storeys 235 units.

Now, according to Urban Toronto, a public relations organ for the local real estate and development industries, it’s going to be 22 storeys with 233 units. The article states rental units (not that there’s anything wrong with rental) however, Options For Homes confirmed that the units will be condos and not rentals.

Now 22 storeys, 233 units.

Stay tuned. This may not be the final version.

Finally, last time we wrote about changes in the building design and height, Options For Homes sales director, Mary Pattison wrote the following and we’ll give her the last word:

Hi – this is Mary from Options for Homes. I would be more than happy to tell you why I’m so proud to work at Options for Homes and why I think this new building will be a positive addition to your neighbourhood. Please reach out directly at maryp@optionsforhomes.ca. In the meantime, it’s helpful to understand two things:

1) We make home ownership affordable, not “affordable housing” (in the way that I think you’re referring to) Over the past 24 years we’ve often been at the forefront of the revitalization of neighbourhoods (eg. Distillery District, The Junction). We help middle-income Canadians (HHI 40-90K) with down payment support to accelerate home ownership dreams and ensure we combine that with the lowest maintenance fees in the city (about .46 a square foot presently).

2) The changes to the design are a function of increasing construction costs (due to demand) and development charges that have more than doubled in the time it’s taken to get the project approved by the city. We agree that it was lovely and we’re very proud of the new design as well.

We’re also proud of this video that shows many of our buildings and you can judge four yourself if this is what you think of when you think “affordable housing”

City considering funding 30 subsidized down payments at 10 Wilby

On March 19, City Council will consider helping 30 new home buyers at 10 Wilby Crescent.

City staff have recommended that $750,000 be put aside to help fund thirty $25,000 down-payment subsidies for condominiums in the new development, which will have 234 homes.

The subsidized down-payments come with strings attached: when the house is sold or is unoccupied, the money must be repaid.

 

The latest take on the Weston Hub

The Farmers Market with lots of room on its old site back in July 2004. (File).

Churchill once said that, “History is written by the victors”. An article in  UrbanToronto.ca, (basically a public relations organ for the local real estate and development industries) tells a sanitized version of the background story of the soon to be opened Weston Hub.

The article’s author, Dean Macaskill, has been involved in Toronto real estate since 1980 and was with the company given the GO Station parking lot listing back in 2012. The land was put on the market by the Toronto Parking Authority and according to Macaskill, the 5 offers received on the 1.42 acre site were, ‘at rather depressed pricing levels’.

What’s not mentioned in the article are thoughts at the time that the land belonged to the old town of Weston and that it should not be sold. Also, unlike the wealthy Wychwood Barns neighbourhood which received close to $20 million from the City for their Artscape project, poor old Weston received essentially nothing.

The message seems to be that no one wanted to invest in Weston until this development came along and since that time, developers have been falling all over themselves to buy into our community. He neglects to mention that his listing stated, “Area Is Undergoing Significant Change With Other High Rise Condominiums Planned In The Immediate Area.” Also missing in action is any mention of the 370 rental apartments and 40,000 square feet of storage units that came as part of the deal.  The 8000 square foot space devoted to the cultural hub seems rather ungenerous by comparison. Another unmentioned issue of contention is the tight space given to the Farmers Market .

Now that the Hub is nearing completion, we’ll all have to make the best of it and hope it’s a success – but it could have been so much better no matter what shine is put on it.

Just to cheer you up, here’s a Metro Morning  interview with Artscape’s Tim Jones talking to CBC’s Matt Galloway recently on the same topic.

New rental high rise for Weston.

2346 Weston Road. From Google Maps. Click to enlarge.

According to Urban Toronto, a new 15-storey 157 apartment affordable rental tower will be going up on a currently vacant lot near the intersection of Weston Road and St Phillips. The site at 2346 Weston Road overlooks the Humber River and the building will have a variety of apartment sizes ranging from 278 square foot bachelors to 719 sq. ft. 3-bedrooms. A 10-storey, 49-unit apartment was approved on the same site back in 2001 but fell through.

Read more details here.