The building known as ‘The Humber’ on Wilby Crescent is starting to emerge from its basement foundations. This was the view at the site entrance today and also from the Humber footbridge. The 22 storey affordable condos will be ready for occupation sometime in 2023.
A giant drill prepares the foundations for The Humber; an affordable condo being built on Wilby Crescent overlooking the Humber. The building should be ready for occupation
in 2021 correction; early 2023.
Options For Homes is a non-profit condo developer with a building called ‘The Humber‘ under construction at 10 Wilby Crescent in Weston. To say that they are bullish on Weston is a bit of an understatement but they have a history of choosing and building in ‘up and coming’ neighbourhoods, calling themselves urban pioneers. Here is their take on the Weston neighbourhood.
The building is expected to open in late 2021. According to OFH, over 120 people have purchased an apartment in the Wilby condo and the building is 50% sold. Options says it’s a good time to buy.
Read more here.
The Humber, a 22-storey condo under construction at 10 Wilby is now 40% sold according to Options For Homes’ latest newsletter. Demand for parking spaces has exceeded supply (from the original 131) and OFH is planning to add another level of underground parking in response. This entirely non-smoking, (vaping allowed), building should be ready by 2021 or 2022.
Incidentally, OFH has some great information on their site about the amenities here in Weston.
I was away for a while last month and missed these two excellent videos on Weston produced by Options for Homes. OFH is currently building a condo on the banks of the Humber at 10 Wilby Crescent.
Here they are in one convenient spot.
Today, on a beautiful warm September morning, a crowd gathered to witness the first stage in the building of The Humber, an Options For Homes condominium – a symbolic demolition of the existing buildings on the site. The location at 10 Wilby Crescent is on a spectacular site above the Humber and across from Weston GO Station. OFH, a non-profit corporation has constructed many such buildings in the GTA.
A fair number in the crowd were future residents; I spoke to two excited purchasers; Cheyenne who will be moving from another part of Weston and Freddie, moving from North York. Both have bought 2 bedroom units in the building and are happy that they can purchase at a reasonable cost in such a natural location while being close to transit links.
Options for Homes CEO, Heather Tremain thanked Councillor Frances Nunziata for smoothing out obstacles to get the project under way and also for helping create a new parkette between The Humber and the existing Hickory Tree condos. It takes a lot of attention to detail to get a building project off the ground and this one was no exception.
Afterwards, a token demolition of existing buildings on the site took place.
Heather Tremain tells me that the project is already 40% sold and upcoming sales events are heavily subscribed so it’s likely that most units will be sold by November. Money made from the sale of homes goes towards building new projects and subsidizing future homeowners.
One minor quibble; the city of Toronto wants to encourage affordable housing yet charged this project (run by a non-profit corporation) $850,000 in development fees. That seems wrong.